OSI Industries’ Unlimited Growth Capabilities

When it comes to comparing all of the food service providers/suppliers, there is one company that comes out on top. This company is known as OSI Industries, and it has been able to evolve into a juggernaut. OSI Industries’ strength is located in its capability. This Illinois-based company is one of America’s largest private companies, and it brings in billion per year. It has also worked with some of the most prominent brands in modern-day society, including KFC, Subway, Starbucks, Papa John’s Pizza and Burger King. Back in the 1950s, it secured a deal to work with one of industry’s most up-and-coming hamburger chains. By working exclusively with McDonald’s, it had to match McDonald’s growth because the hamburger giant was growing at an alarming rate.

As McDonald’s continued to grow, OSI had to open a facility that provided all of the necessary goods to supply this hamburger giant. In 1973, OSI Industries opened its first plant in West Chicago, a suburban neighborhood, which catered to McDonald’s needs. At this point in time, the company had manifested into a food wholesaler, and it’s popularity began to soar. OSI would go on to open facilities all across the US in numerous regions, including:

• Fort Atkinson, Wisconsin

• West Jordan, Utah

• Oakland, Iowa

• And more

The cryogenic revolution has also played big role in company’s success as its meats could travel to much farther distances without spoiling. Out goes the old guard and in comes the new guard. OSI Industries was now a global company and Sheldon Lavin took over as the new CEO. This man is well-educated in finance, and he has a B.S. in Business from Roosevelt University. Sheldon Lavin and David McDonald, the president of OSI, went on an acquisition blitz. As of today, OSI Industries has acquired stake in prominent businesses like BAHO Food and Flagship Europe.

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Equities First Holdings In Australia Shows Speed And Flexibility

Equities First Holdings of Austrailia is pleased to announce the expansion of their business. They have relocated their Australian branch in Melbourne to a more suitable locale due to increased business. They have also added staff members to accommodate their growing number of clients.

The primary pursuit of Equities Frist Holdings is providing an alternative source of capital for those individuals seeking to invest in hot projects. These could include personal stock purchases, business expansion, or any other use of capital. This ability to move quickly for their clients with minimal oversight is what makes the company special.

Known as an international lender they also have offices in several cosmopolitan cities around the globe. They are located in the United Kingdom, Thailand, Switzerland, and the United States as well. The ease and fluidity in which Equities First approaches business allows them to help their customers accomplish both professional and personal goals.

Their history shows they’ve been successfully operating for more than 15 years. They have over 700 transactions to their credit indicating longevity which speaks well of the distinctive opportunities that they provide. A 24 hour response time also indicates the speed of their business isn’t an obstacle for those who need to move quickly.

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OSI Food Solutions Doubles Chicken Production

OSI Food Solutions

OSI Food Solutions incorporated a high-capacity production line so that they could boost chicken output. The improvements took place in their Toledo, Spain plant. The 2017 renovation was said to incur 17 million euros. Before the establishment of this plant, OSI Group produced 12,000 tons of chicken. Since then, the number has doubled.

The increase in the output of chicken means an increase in the overall production of the company. According to an executive from OSI Group, the company will produce 45,000 tons of chicken, beef, and pork products annually. Additionally, the increase will boost the economy locally by providing 20 more additional jobs. The plant initially had 140 posts before the expansion and high capacity increase if chicken. The 20 jobs will incorporate the positions of managerial product development who will be responsible for managing the high-capacity production of chicken.

Reasons Behind the Increase in Chicken Production

In Fact, the OSI Group Manager in that region stated that the need for chicken was increasing by eight percent during the past three years. With these reasons, OSI food solutions decided to double production of chicken to adjust to the demand.

OSI group decided to expand Spain’s plant by adding 22,000 square feet as a working space. Moreover, the firm also built a new production hall to feature the high-capacity production. The firm has also availed new facilities for shipping and receiving, supply storage, service areas, refrigerated rooms, and a social area for employees. With regards to the high-volume production of chicken, OSI group has established a new testing kitchen designed for improving products.

According to the OSI Food Solutions, Chief Operations Officer, David McDonald, the increase in production gives the firm an opportunity to add innovative products to its portfolio. Also, the Chief Operations Officer was delighted that the firm would add more job opportunities thus developing the economy. Apart from the expansion in Spain’s Plant, OSI Group recently purchased the former Tyson food Plant based in Chicago. This is with the aim of expanding their operations in North America. Moreover, OSI Group established a new plant in California to process beans. Also, there were expansions in the United Kingdom and Germany.

David McDonald is the President and Chief Operations Officer of OSI Group. Sheldon Lavin is the Chief Executive Officer of the firm, and they have cordial and working relations with David McDonald.

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Talos Energy Debuts On The NYSE Following Merger With Stone Energy

Offshore oil and gas company Talos Energy has begun publicly trading on the New York Stock Exchange in the aftermath of its $2 billion merger with Louisiana-based Stone Energy Corporation. Prior to the merger, Stone Energy Corporation, founded in 1993, had filed for bankruptcy protection, following a precipitous collapse in oil prices in 2016 resulting from a rapid acceleration of global surpluses of crude oil.

Houston-based Talos had previously intended to go public through an initial public offering, but the oil glut that led to Stone’s bankruptcy filing put those plans on hold. As Stone Energy was already being publicly traded on NYSE, the acquisition of a controlling interesting in the company meant Talos could go public without filing for an IPO as is common and was originally envisioned. The company now trades under the ticker “TALO”, and owns 63 percent of the merged company, with Stone shareholders controlling the remainder.

The deal sees the merger of two large offshore energy entities that operated in and around the Gulf of Mexico, and comes in the wake of Talos’ July 2017 “Zama discovery”, which saw the company discover an oil field along the southern coast of the Gulf of Mexico containing an estimated 2 billion barrels of crude oil. The find has been calculated to be one of the largest discoveries of shallow-water fields in the last two decades, and is expected to yield as many as 425 million barrels of usable crude oil.

In a statement announcing the merger and the new public status of his company, Talos founder and Chief Executive Officer Tim Duncan touted the oil producer as being “very well positioned to capitalize on its high-quality asset portfolio and returns-focused capital programs in the U.S. Gulf of Mexico and offshore Mexico.”

Talos Energy was founded in 2012 by Duncan with the financial aid of private equity giants Riverstone Holdings and Apollo Global Management. Operating in the Gulf Coast and the Gulf of Mexico, the company is headed by a management team with an average thirty years of experience in the energy industry.

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Addressing The Importance Of Fortress Investment Group

The beginning

It all started when Randal Nardone founded Fortress Investment Group as a Private Equity Firm in 1998. He is the current principal of the still, thriving company. Fortress Investment Group achieved immediate success from the start. They managed to get their assets, which were under management; from 400 million to nearly 3.9 Billion, in its first five years after the foundation was acquired. Many of the first investments Company that were made here had to do with real estate. Focusing on two markets; New York City and Toronto. Then leading to the investment of Hedge Funds and Debt Securities, continuing the incredibly fast pace of their run.

Journeys were made for the strong

This company distinguished itself from the pack, by being the first company to have alternative assets as an option in an investment firm. Soon after this bold move; many, many other investment firms decided to follow the leader of the now “alternative asset and investing firm” pack. After 10 solid years of being number one in their game, they finally ended their journey with the sale of the firm at a price of 3.3 billion.

Mr. Nardone

Even after being purchased; Randal Nardone still continues his role as one of the three principles at Fortress Investment Group. Demonstrating how much he really does admire the fruits of his labor, while still enjoying the grind. The current Chief Executive Officer is Randal Nardone, He has been its CEO since 2013 after he had already served as interim CEO for over a year before this. It doesn’t stop there, he also serves many other roles: such as leadership positions at Eurocastle Investment, FMA LLC, FIG LLC, FM Falstaff Advisors, Impac Commercial Holdings, Seacastle, Florida East Coast Railway, Newcastle Investment Holdings, and Springleaf REIT.

Fortress Investment Group

FIG is a true success story indeed, they are pioneers paving the way for the future. Showing no signs of mediocrity, this significant group of people continued an incline of growth for the course of over 10 years; since establishment. We all know that first impressions last a lifetime, Fortress Investment Group Have been fighting an uphill battle; showing no sign of slowing down. If you want something to happen, you have to go get it, no one is going to make it happen for you. This group of people demonstrates this concept to a T.

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Tony Petrello Uses Unique Abilities To Find American Dream

In the high-stakes corporate business world, few executives have a story as compelling as that of Tony Petrello. His story began with humble beginning after being born to a working-class family in Newark, New Jersey. From these beginnings, Petrello would rise to the status of heading the most lucrative drilling company operating on land in the world and playing a central role in the funding research in the hundreds of millions of dollars in search of a cure for a neurological disease.

The beginning of the Petrello rise began with a stellar academic background. In high school, Tony Petrello became a folk hero of sorts from displaying the incredible mathematical abilities he possessed. His impressive abilities were noticed by Yale University and he was offered a scholarship and the unique opportunity to at a mentorship by the brilliant mathematician, Serge Lang.

Once leaving Yale with a bachelor’s and master’s degree, along with his soon to be wife, Tony Petrello surprised all that knew him by foregoing a career in mathematics and choosing instead to turn his attention to the law field. He would turn to Harvard Law School to gain the education he needed.

Tony Petrello joined the Baker and McKenzie law firm in 1979 where he specialized in arbitration and taxation. Tony Petrello’s performance with the company was rewarded by his being made the managing partner of their New York Division.

While working with Baker and McKenzie, Petrello performed duties for a company known as Nabors Industries. Nabors, which was founded in 1968, is involved with natural oil and gas drilling on land and is on the S&P 500 list.

Tony Petrello made such an impression with Nabors while providing services to the company that the appreciation felt by higher-ups with the company shown itself with a job offer. Petrello resisted at first but eventually accepted a position with Nabors in an executive capacity.

Tony Petrello became the Chief Operating Officer at Nabors in 1991. This was one position below CEO and Petrello would further cement his position with the company later the same year when he accepted a seat on the Nabor’s board of directors as well as a position on the executive committee of the board.

Petrello would become President of Nabors Industries in 1993 and CEO in 2011.

Tony Petrello and his wife Cynthia became parents to a daughter Carena who was born with cerebral palsy. This has led to a major philanthropic mission by the couple that has resulted in money being raised in the hundreds of millions.

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Tony Petrello Gets Nabors Industries Involved In Hurricane Harvey Cleanup

Tony Petrello has usually deployed man power to build new wells and open new oil shafts, but when the deadliest storm on record, hurricane Harvey hit Houston and the rest of the Texas coast, he sent it to help with cleanup. Petrello runs one of the world’s largest drilling companies as Chief Executive Officer  of Nabors Industries, and though tough deadlines have to be met for production, he understood the importance of keeping everyone safe and making sure they had time to address any issues at their homes. But he also decided to pay any employees who volunteered to help rescue and cleanup teams overtime pay. Petrello opened up a public donation page to raise money for all victims affected by the damage which raised over $170,000.

Tony Petrello has quite a track record managing a major publicly-traded company. Nabors Industries owns some of the highest rated rigs and has invested a lot into new computer-operated rig technology. High end data analytics are also employed in its drilling operations. Petrello also led a big acquisition this last year to integrate the technologies of Tesco Corporation with Nabors Industries as part of a stock merger, and there will now be new drilling sites opened with the new SANAD venture Nabors entered with Saudi Aramco.

While Tony Petrello is most known for making major stock and drilling deals, he has several accomplishments made before he joined Nabors Industries. His childhood and college story of being a mathematics genius is told by his former roommate Lloyd Grove of the Daily Beast. He often solved mathematics problems on paper napkins during lunch breaks at school, and while he was attending Yale he was a protege of mathematician Serge Lange. After leaving Yale, Petrello decided law was where he wanted to go, so he completed law school and joined the New York law firm Baker & McKenzie in 1979. He became a partner there in 1986 and stayed on until 1991 when he moved to Houston to become Chief Operating Officer of Nabors. Petrello was appointed CEO in 2011 and was given the role of chairman one year later. Other little known details about Petrello include being a friend of Broadway actor Tommy Tune and having him over at his house for a reception. He also serves as a trustee to the Texas Children’s Hospital where he’s given $7 million to fund neurology studies and initiatives for genetics cures.

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OSI Industries’ Dominance In Foriegn Markets

The United States is home to one of the leading foodservice suppliers in the world. This food supplier’s logistical magnitude is extensive as it can reach just about every continent. OSI Industries is the name and providing a copious amount food products is its game. The success of this company comes via multiple pathways. This includes having a knowledgeable staff, having multiple offices in various locations and by offering a multitude of services. OSI Industries has expanded it reach in the foreign-foodservice market by acquiring BAHO Food. This Dutch-manufacturer produces high-quality convenience foods, snacks and deli meats. Though there were no financial terms disclosed, OSI will definitely broaden its scope through the European nations.

This brilliant acquisition will help OSI Industries expand into 18 different nations. Since BAHO Food has five subsidiaries, OSI will be in control of the subsidiaries, which includes Bakx Foods, Q Smart Life, Vital Convenience, Gelderland Frischwaren and Henri van de Bilt. John Balvers, managing director of BAHO Foods, stated that he was excited about becoming a part of OSI Industries. Both of these two entities have a lot in common, and they share some of the same goals. In addition to this acquisition, OSI Industries has gone out and acquired stake in the prestigious Flagship Europe. Flagship Europe has a reputation of excellence, and it provides a wide variety of sauces, dips, marinades, dressings and frozen poultry. This specific company even participates in a food-to-go sector. With these increased resources, OSI Industries will have full-access to many more clients.

In 2017, OSI Industries embarked on another progressive project. This project just so happened to be worth $17 million. A new high capacity production line was added to one of its plants in Toledo, Spain. This addition will definitely bring-in more efficiency for the processing of chicken and beef products. OSI Industries is living the American dream, and it will certainly continue to lead by example.

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Food Legend David McDonald Opens Up About His OSI Group Career:

David McDonald is an American businessman who hails originally from Iowa. He was educated at Iowa State University and graduated in 1987 with a degree in animal science. Since 1987 David has been with food processing and solutions giant OSI Group, starting off as a project manager and working his way through the ranks to attain his current position of President, Chief Operating Officer and Member of the Board of Directors. David’s initial work when coming on board with OSI Group was as a project manager working toward expanding the companies horizons in the Asian market. To this day, the Asian market remains very close to David’s heart as he was filled with pride over the recent opening of OSI’s tenth facility in China. Company growth has been a part of the OSI experience that David McDonald has fully embraced during his thirty plus year tenure with the food powerhouse. There have been a number of acquisitions that the company has made during the last several years that David has had a major role in.

Big Dutch Acquisition:

Dutch food company Baho Food has recently become a member of the OSI Group family by way of acquisition. Baho operates processing facilities in the Netherlands and Germany and is an amazing fit for OSI’s processing strengths. The company has an amazing product line and a huge reach across the European continent. David McDonald is thrilled with the value this acquisition brings to the OSI Group brand. He is confident that this acquisition will be a huge help in bringing in new corporate clients.

Big U.K. Acquisition:

Similar to the acquisition of Baho Food on the continent, OSI has made a big gain in the British Isles with Flagship Europe. The U.K. speciality food company is a great fit for OSI Group and will undergo a rebranding to the name Creative Foods Europe.

Getting Candid with OSI’s David McDonald:

David recently had a candid converstation with CEOCFO Magazine regarding his amazing career. David talks openly about the importance the OSI Group places on family. This attitude extends to the company’s production of food. Everyone at OSI is intent on producing food products that they would be proud to serve to their own families. David asserts that OSI’s plans for the future are to continue to do what they have done in the past in terms of outstanding customer service. At the same time, the company will always continue to innovate and look for new and exciting ways to provide that customer service.

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OSI Industries & The 21st Century Food Service Revolution

What would the world be like if there were no foodservices? This would probably mean that prices would skyrocket on standard foods because more work would have to go into harvesting/production the foods. Food retailors tend to save a lot of money by dealing with food services providers. On the lower end of the spectrum, consumers will end-up saving more money. OSI Industries is the cream-of-the-crop when it comes to professional food service providers. This company has years and years of experience under its belt as well as years and years of know-how. The company is headquartered in the beautiful city of Aurora, Illinois, but it has factories and facilities through the U.S. The facilities are located in Iowa, in Illinois, in California, in Wisconsin and in Utah.

Did you know that some of today’s biggest brands receive their food products from OSI? Yes, this is 100 percent accurate as this company works exclusively with Papa John’s Pizza, with KFC, with Burger King, with Subway and with Starbucks. Are you aware that McDonald’s was one of the first major fast food restaurants to work with OSI? This strong bond started during the earlier years, and it has continued to this very day. OSI Industries is one of McDonald’s four major meat suppliers. The company’s reach is immense because it distributes food products throughout the world. Thanks to its many world wide factories/facilities, OSI can source the foods at a much faster rate than most other companies. Poland, Germany, Japan, China, Canada, Brazil, Ukraine and Austria hosts many OSI Industries’ innovative factories.

Over the past half-decade, the company has done an amazing job of acquiring stake in other food companies. In 2016, BAHO Food was acquired by OSI Industries and this acquisition has helped to solidify the company’s grip overseas. BAHO Food, a private Dutch company, produces a wide range of deli meats, convenience foods and snacks. “We have a much larger presence in Europe thanks to BAHO Food,” said David McDonald, president of OSI. This company has reached the stratosphere, but only time will tell if OSI Industries goes any further.

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