Tyson Foods Sold One of its Facilities to OSI Group Due to Hardship

Tyson Foods is a premiere supplier of meat products within the United States. This company normally serves hospitality and grocery industries with products. However, the company had to sell off one of its factory locations within the Chicago area because it was not able to keep up with the current demand. OSI Group LLC. or OSI Food Solutions acquired the plant from the Tyson company. OSI brought the facility for $7.4 million dollars.

OSI Food Solutions is another Illinois based processed meat and food suppliers. They provide a wide variety of meals to restaurants and grocery stores. This organization also markets meals in the hospitality and food and beverage industry. Many chain restaurants such as Subway, Papa John’s and Pizza Hut; purchase many of their menu items from the OSI Group.

The Tyson plant in Chicago has been struggling to keep up with the changing demand for food products in the Windy City area. The company tried to implement different strategies to meet consumer expectations, but they just did not have the right type of facilities to make this possible.

The organization had no choice but to relinquish one of it operational facilities. OSI Food Solutions purchased the plant and have added it to its own growing enterprise. OSI is doing quite well in the market. They are consistently expanding at home and abroad.

OSI has added some former Tyson employees to its payroll. Some individuals who left the former Tyson plant are now employed with the OSI Group. This move by OSI Food Solutions to keep many people from being unemployed and it helped to keep the facility operational since there were experienced workers who knew how to manage it. OSI Group’s acquisition of the Tyson Food plant helps the organization to maintain its market share in a very highly competitive field.

Learn More: www.foodprocessing.com/top100/profiles/osigroup/