OSI Industries are taking over the Food Industry

OSI Industries has made a name for itself as a giant in the food sector. The organization is a proud employer of over twenty thousand skilled and non-skilled workers having existed since the 19th century. OSI Industries has branches in over sixty- five different countries across the globe. The company has risen from a humble family business into a multimillion-dollar company engrossed in the ever-growing global economy. The company was established through the resilience of one German immigrant in the early 19th century. Mr. Otto Kolchowsky who is the proud founder of the company first named it Otto and Sons. The company was first set in Chicago, Illinois as a way for Otto’s family to make ends meet. It was at the time a small retail meat shop that served area residents at the time. The business quickly blossomed and after just a decade became a wholesale supplier.

The company then partnered with a small restaurant at the time which grew over the years to be known as the McDonalds franchise. Otto’s sons purchased a stake in the restaurant thereby ensuring the continuous supply of their company’s meat to the McDonald’s restaurant. Two decades after the transition, the companies focus was the provision of the restaurant food products thereby ensuring that their clientele had a consistent supply of quality product. As technological advancement in storage was made such as the introduction of the use of liquid nitrogen in the storage of meat, the transportation of the products over long distances became both more accessible and cheaper. This meant the eventual expansion of the company into new untapped markets.

The growth of the two partnering conglomerates led to the construction of a state-of-the-art food processing plant in Chicago with the sole intention of fortifying the McDonald’s supply line. The vast expansion of the McDonalds restaurant necessitated the consolidation of resources while also applying focus and energy to the development of new plants. In the years that followed, OSI Industries set up several plants across the country. OSI group crossed into the global market firmly behind the McDonalds restaurant. This fortified its reputation as a globally accredited food processor and distributor. The partnership first entered the Spanish and Dutch markets.

Proper management and relentless devotion of the company’s CEO Sheldon Lavin was the key towards the company’s vast expansion. Each development phase meant a new milestone crossed for the company that began just as a family company.

An Innovative Firm – Fortress Investment Group

Fortress Investment Group LLC is an investment management firm that manages assets in various types of funds, such as private equity fund for example. Its staff are very experiences and specialized in various investment strategies, and supports over 1,500 institutional investors and private clients around the world. Fortress Investment Group works diligently to find the best opportunities for their investors.

Partnership with iPass

Fortress Investment Group recently partnered with iPass, the world’s largest Wi-Fi network. This allows the investors to have secure access to investments in iPass. The amount of funding equaled to $20 million. Garry Griffiths is the CEO and President of iPass, and is glad that their financial sheets are flourishing, as this will allow them to focus more on growing their revenue and closing the gap to profitability. iPass used their patents as the security to the funded loan, and hope its credibility will prove to their clients that their iPass SmartConnect and Veri-Fi products are powerful. iPass allows customers and businesses to access millions of Wi-Fi hotspots to are always on. With the partnership with Fortress, iPass also received $10 million.

Private Train to cut on Traffic Time

Wes Edens is the Co-Founder and Co-Chair of Fortress Investment Group, and has started the United States’s first private intercity passenger railroad in Florida. Brightline is the name of the train line and provides another mode of transportation between Miami and Fort Lauderdale. The company owned train will provide riders with free Wi-Fi, power outlets, USB ports, and leather seats. The group also plans on expanding the line to other major US cities in the near future.

A Financial Force

Since its founding back in 1998, Fortress Investment Group has been a trailblazer as a private equity firm. The firm has control over $43 billion worth of assets in private equity, permanent capital vehicles, and hedge funds. The company takes high risks, which leads to greater returns over the long term. It is able to succeed because it follows a few core specializations: asset-based investing, operations management, corporate mergers and acquisitions, capital markets, and sector-specific knowledge of companies and institutions. Today, the firm has a great track record of managing investment portfolios with their wide knowledge of various industries.