OSI Industries Began As A Meat Market In The Early Nineteen Hundreds

OSI Industries began as a meat market in the early nineteen hundreds. Its founder came to the United States from Germany and was looking to establish himself as a legitimate businessman in the new country. Otto Kolshowsky founded the meat market and ran it with his family in the Chicago area. He was able to establish relationships with other businesses in the area and soon became a trusted supplier of product. The company spread out to the suburbs of Chicago with a new facility in 1928. Otto Kolshowsky called his company Otto and Sons.

Otto and Sons came to the attention of Ray Kroc in the 1950’s. Ray Kroc was the leader of the thriving McDonald’s Corporation. He was looking for a trusted supplier of product as he pushed into the Illinois region. Otto and Sons was selected to take on the task. They had put themselves in a position to grow with the McDonald’s Corporation.

Otto and Sons expanded alongside the McDonald’s Corporation and was eventually selected to be one of its for primary meat suppliers. The company met this challenge by introducing new technology to the world of meat manufacturing. The meat patty cutting machine and cryogenic freezing chambers allowed the food manufacturer to save the McDonald’s Corporation a tremendous amount of money by shaving man hours and reducing waste.

Otto and Sons became OSI Industries in 1975. After seven decades of business the original founders were prepared to settle into retirement. Leaders at OSI knew that a different vision was needed to push the company in the desired direction. Sheldon Lavin was selected as Chairman and CEO. He led OSI Industries to international success.

OSI Industries establish itself as a groundbreaking player in food manufacturing by building a state-of-the-art meat processing plant in 1973. This project was dedicated to meeting the needs of the McDonald’s Corporation. However, at this point OSI was prepared to venture out and entertain other clients in the food industry. New facilities were opened in West, Jordan Utah as well as international locations in Brazil, Hungary, Mexico, Pacific Rim in Poland.

OSI Industries has continued to spread its influence by acquiring other organizations organizations in the industry such as Flagship Food Group and Baho Foods. Each of these businesses specialize in different aspects of the food manufacturing industry. This gives OSI the diversity needed to reach different markets in the industry.

It’s another good year for the private equity firm, HGGC

Business has been good this year for the private equity HGGC this year. This middle-market equity private equity fund closed the year at an impressive $1.84 billion. This figure is significantly above the company’s $1.5 billion target and also its $1.75 billion hard cap. In a year that most firms in the investment equity struggled to break even, this was indeed a fantastic achievement for the company.

Keeping up the good performance

For the last few years, this private equity fund has been on its way up the business success ladder. Last year the company managed to close above its target and hard cap. Last year’s target was $1 billion and the hard cap $1.25 billion, yet the company was able to close at $1.33 billion. Comparing last year’s results with that of this year, it’s easy to see how much progress the company has made in just one year. The firm managed to make over half a billion I just a year. The management at HGGC promised that the good performance would be upheld in the coming years. Therefore, you can expect even better numbers at the close of next year.

The new hires

To perform even better, this middle-market equity firm just announced that it would be hiring six well-experienced business executives. This firm based in Palo Alto, California is looking to conquer the investment market and even extend its fingers to other continents, not just North America. The management of this equity fund stated that it would be looking forward to the new executives to settle in and help push the company towards its objectives and goals. The newly hired executives will fill up positional around, finance, operations, and acquisitions.


About HGGC


This middle-market investment firm was established in 2007. Leveraged buyouts, growth capital investments, and recapitalizations are among the firm’s strongholds. This equity firm has prospered primarily as a result of its uniquely talented and experienced team. HGGC harnesses the aligned interests of its partners, investors, and management to achieve its goals. For a while now, this private investment firm has been the role model for the other equity’s market businesses to learn from as a result of its superb business practices.

https://craft.co/hggc

Hussain Sajwani Is A Leading Businessman In Dubai For Real Estate

Hussain Sajwani is a respected businessman out of the Dubai area that is the founder and CEO of DAMAC, a multi-billion dollar corporation that specializes in real estate, especially luxury property. Hussain founded this company back in 1982, though at the time it wasn’t a real estate company, but a catering company. His company grew over the years and it eventually took on real estate because Hussain saw the opportunity that was developing every year in the Dubai market as more people traveled to the area.

DAMAC has thousands of employees today that contribute to their success and overall mission to be a leading luxury property developer. Since the company first opened, they have contributed to more than 20 thousand individual projects all over the world, though most of this real estate happens in Dubai. After more than 20 years of quality property development and dependable service, DAMAC properties is easily the leading corporation in Real Estate.

Hussain Sajwani is the real success behind the company. He has had the determination and the necessary leadership skills to take DAMAC all the way to the top. Hussain is such an accomplished businessman because he took the time to build many skills for himself and today he is all but an expert in many different areas, including finances, property development, administration, sales, legal matters, marketing, and most of all, innovation.

Before finding his route to success, Hussain spent some time working a normal job and studying at college, specifically Washington University in the United States. After completing his education, Hussain was quick to get working and found himself a spot at an Abu Dhabi Oil Company. Hussain spent several years as a contract manager for the company before he knew he wanted to take things further and become an entrepreneur. Along with his business success, Hussain has built many valuable business relationships around the world for his company, including the popular real estate billionaire and president of the United States, Donald Trump.

JD.com Helps Chinese Book Stores To Thrive

Bookstores are still around in the age of internet and computing technology. However, they are not as profitable as they once were in the past. The problem is that avid book readers can get a lot of their material online. Major online retailers are dominating the field of book sales. These massive online organizations can provide just about any type of reading material that a person desires. They can also provide this service at a fraction of a cost. Still, brick and mortar book outlets need customers to buy their products. Thankfully, large scale online retailers such as JD.com or Jingdong has found solutions for this problems.

 

JD.com stands for Jingdong and it is the biggest online retailer within the nation of China. The company is headquartered in Beijing and it serves hundreds of millions within southeastern Asia. People all over China like JD.com because the online retailer provides just about any type of novel, fiction or comic book product at a low price. Jindong knows that it literally has helped to push real world bookstores near the brink of extinction. However, these bookstores are now receiving help from this multi-billion dollar giant. Find More Information Here.

 

Bookstores throughout China are being targeted by Jingdong. The organization is helping book outlets by providing them with a wide variety of services that will help them to stay in business.

 

Jingdong partnered with Tangning and other specific bookstores to help sell hard copy and digital books to Asian consumers. Book shops also uses JD.com’s consumer spending analytics to help meet purchasing trends.

 

Jingdong also works with book stores by expanding their inventories. Stores cannot literally hold every book title imaginable. So, they sometimes rely on JD.com to sell books that they cannot contain within their buildings. Consumers simply purchase the book and it is delivered to the store or to their address within a certain amount of time.

 

Jingdong also services book outlets by helping them to stay relevant to local consumers. When a local book store has an increased virtual inventory and access to an unlimited supply of books it will boost their bottom line. Also, having more access to consumers and their book purchasing trends will definitely improve their ability to make more sales. The point is that Jingdong is helping to keep bookstores open and relevant to consumers all over Southeast Asia.

 

See Also: https://ieeexplore.ieee.org/document/6305161/metrics#metrics