OSI Group Purchases Tyson Food Plant To Expand Their Business

The privately owned American business, OSI Group is a business that specializes within food processing. The privately held company is based in Aurora, Illinois and has recently purchased the Tyson Food Plant located in nearby Chicago, Illinois. The Cook County Recorder showcases the deed of sale as bringing in $7.4 million dollars.

Aside from the meat products being made, OSI group has been in the retail end of providing foods for the food service industry for a number of years. They are now large enough to be operating in over 15 countries. They now specialize in foods other than bacon and sausages.

Tyson Food Plant was being used to prepare and offer foods within the hospitality background which included the creation of foods like chicken cordon bleu, meatballs and even crepes. Breakfast foods are also offered through the plant by including omelets. Tyson was not able to handle the amount of pressure needed to fulfill the orders being placed by their customers and clients. For this reason, they opted to sell the Tyson Food Plant. There were three plants all operating in the area under Tyson and because the sale was made, two of the other plants were able to remain open.

When Tyson made the announcement that it would soon begin making changes to close the doors of the plant, they released information that stated that close to 500 employees would lose their jobs when the doors would close. On the last day of Tyson’s production, there were an estimated number of clost to half of that remaining. When the doors officially closed on the last day, those who remained were offered positions for OSI Group.

The senior executive vice president of the OSI Group within the North American region showcased his delight in the new purchase. With the growing desires of their clients and customers, OSI needed a new space to expand into. With the new purchase of the factory, it is able to fulfill the high demands with out much more work. The added manufacture network creates a larger market for their customers by keeping employees already familiar with the plant and the fact that another OSI Group plant is not too far away.

By keeping the other plants open under the Tyson name, many more employees were able to keep their jobs without the need to find a new one, to wait for unemployment or to find a new means to pay their bills.

Read More: www.linkedin.com/company/osi-industries

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