OSI Food Solutions is a prominent food production company based in Chicago, Illinois. The company has a presence in 17 different countries. With a global presence in such a sensitive industry, the company is taking measures in pursuit of the goal of becoming the leading food production company in the world. They have established various strategies that they will use in order to take over the global food production business. Two of the most methods include the acquisition of existing businesses in different parts of the world and the expansion of existing food production facilities. Already the company has made significant expansion operations in the local market in North America and now it is focused on the international market.
OSI Food Solutions has embarked on the expansion of its food production facility in Spain. The facility which is based produces range of food as chicken, beef and pork products. In recent years, there has been an increase in the consumer demand for chicken products in Spain and Portugal. As a result, OSI Food Solutions has listened to the needs of the customers and have facilitated the expansion of their facility in Spain. There is an addition of 20,2600 sq feet of space and the total production of chicken products will go up twice. From 12,000 tons production capacity, it will now produce 24,000 tons. The new expansion of this facility has created new job opportunities for the local persons.
From 140 employees, the facility with now be served by 160 employees; meaning that 20 new jobs have been created. Also, there will be the creation of an executive position of a product development manager who will be responsible for the development of new food products for Spain and Portugal markets. The expansion of this facility was necessitated by the shift in demand for chicken products from an annual rate of 6 percent to 8 percent in recent years. As demand grows, the company can only improve on supply. Due to the expansion measures that the company is taking, its position as a global food producer is getting better. Now OSI Food Solutions is one of the top 100 private businesses in the United States with an estimated net worth of over $6 billion.