OSI Industries: The Business Deal That Changed Everything

Otto Kolschowsky is the founder of the Otto & Sons Company, which soon became known around the world as the OSI Group. The company was founded in the early 1900s after Otto Kolschowsky saw the need for a meat shop within the Chicago area that would supply meat products to the people. Through the years after the company’s foundation, Otto Kolschowsky managed to expand his business, and they opened new franchises near the city of Chicago. A Century of Innovation at OSI Group. Their family business became one of the most stable in the country, and Otto Kolschowsky managed to grow his assets and net worth in an instant.

As the business continued to thrive, it managed to get the attention of other companies. In the 1950s, the McDonald’s Corporation tagged Otto & Sons to become one of their patty suppliers. Otto Kolschowsky saw the deal and agreed with the terms stated within it. This deal would change the company forever, and Otto Kolschowksy did not expect what would happen next. As the McDonald’s Corporation started building restaurants all across the United States, Otto & Sons continued supplying burger patties, but the demand kept on increasing annually. Soon, the company had to borrow additional capital to support the growing number of beef patties that they would need to process and delivered later on to McDonald’s.

Through the years, the business partnership between the two companies became known all throughout the business world, and as McDonald’s Corporation started to expand overseas, Otto & Sons followed suit, and they also began operating different facilities across the United States to support the demand of meat. With the introduction of newer technologies in the later decades that would assist McDonald’s Corporations in handling their product, the company decided to terminate their contracts with a lot of meat manufacturers, but Otto & Sons was an exemption. They were allowed to build deeper relationships with the McDonald’s Corporation, and decades later, Otto & Sons would be known as the OSI Group, and they will start operating overseas employing 20,000 people. Today, the OSI Group is on par with McDonald’s Corporation as one of the most successful American companies. The OSI Group is also listed as one of the top-earning businesses in America.

 

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