When one thinks of sustainability in food production, they are sure to remember OSI Group and its CEO, Sheldon Lavin. OSI Group has long been committed to sustainable food production with their use of cutting-edge technology and strategies. OSI has grown from a small neighborhood butcher shop called Otto & Sons to a global food conglomerate which is the largest in the world.Lavin worked as a bank executive and investment manager in the early 1970’s. Otto & Sons were seeking financing to expand. Lavin was a crucial player in their getting the financing. The bank wanted Lavin to have an ownership role in Otto & Son, but Lavin declined. However, later he came on board as a business consultant.
By 1975, Otto & Sons were seeking international investment funds to expand overseas. Lavin was made a partner. That same year they changed the name of Otto & Sons to OSI Industries. A couple of years later Their primary client, McDonald’s, asked Lavin to commit to a full-time role at OSI, and he was quickly made CEO.After a partner decided to retire, Lavin was left with one half voting control of OSI Group. In the early 2000’s the last partner died and left full control of the voting rights to Lavin.OSI Group has grown to have 65 facilities in seventeen countries with over 20,000 employees worldwide. In 2016, OSI was ranked 58th in the business world as the largest private company with a net worth of $6.1 billion.
OSI has had significant success and spectacular growth because of Lavin’s leadership and their commitment to adapt to changing technology and their willingness to take risks to search for new ideas.One of those technologies that helped OSI Group was the technological breakthrough of liquid nitrogen cryogenic freezing which brought innovation of food production. Over the years OSI has remained committed to research and development that has continued to support their growth.As a market leader in its industry, OSI has received many awards and continues to grow as it strives to reduce its environmental impact and stay sustainable.