OSI Group recently announced that it was purchasing the Tyson Foods plant, located on Chicago’s South Side. The news came as a great relief for the former Tyson Food Group employees. Tyson sent out a notice this past November that it would be closing its Chicago plant, meaning that nearly five hundred people would be losing their jobs. This would be devastating for those people, most of which live in a modest area of Chicago where jobs can be quite scarce. However, OSI Group came in at the last minute to buy the facility. Most of the former Tyson Food Group employees were offered generous jobs with OSI Group.
The facility in Chicago is over two hundred thousand square feet and employs several thousand people. The OSI Group is now managing the facility. This acquisition is just one of several recent purchases for the OSI Group. The company has seen rapid expansion in recent years. The expansion comes not only to the United States, but across the globe. OSI Group is the world’s biggest provider of health-value foods that is privately own. The company is highly dedicated to expansion and will continue its growth throughout the world. Currently, OSI Group has more than twenty thousand employees, and that number continues to grow on a daily basis. The company owns facilities in over one dozen countries and those facilities number at more than fifty.
If you didn’t know already, one in five pieces of chicken that is consumed in the United States is a Tyson product, which will now be an OSI Group product doing business under the many Tyson Food Group names. These names include prominent names such as Jimmy Dean, Hillshire Farms and, of course, Tyson. These brands have been in households for generations. Tyson also works with restaurants throughout the United States and beyond. The company literally works with all kinds of restaurants, from fast casual to the best fine dining restaurants in the country.
OSI Group announced even further global expansion through by purchasing a major stake in Baho Foods. The company is based in Netherlands and has been in business for six decades. The purchase of Baho Foods showcases OSI Group’s dedication to expand not only in America, but throughout the world. Similar to the Tyson Food Group, Baho Foods specializes in the production of meats that include, chicken, sausage, bacon and more.
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