OSI Group acquired Tyson Food Plant in Chicago. The OSI Group is based out of Aurora, Illinois and they were in the market for acquring another plant close to their headquarters. In the purchase, Tyson Food Plant was purchased for $7.4 million dollars. The Cook County Recorder which is in charge of the deeds on register, have listed that amount on official documents. At risk of the plant closing, there were 480 jobs that were at risk of being lost. The plant which is located on Ashland Ave was set to be closed in October if the plant was not purchased. That is when OSI Group came to the rescue.
During the final day of production, there were close to 250 employees that were still holding their jobs. Many of those employees were kept on to further their jobs. When the OSI Group spokeswoman was asked about how many official employees were left working for OSI since the transfer, the official answer was left to be undisclosed. The spokeswoman went on the record as stating that they are not at liberty to disclose information like that or information that pertains to products and their customers.
Because OSI Group needed a way to further their needs and wants of their customers, they had to find another plant to be able to fulfill their clients wants and needs. That is why they opted to purchase the Tyson Food Plant in Chicago, Illinois. This plant was set to serve as a facility which is being used to build a broader network within the manufacturing fields.
The Chicago plant was used as a supplier for the prepared meals inside of the hospitality industry. There were a number of other various clients that were being served by the Tyson Food Plant and is even now being served by OSI Group. The South Side Plant was supplying foods like tempura chicken, crepes and even omelets. There are many other options available for clients and customers of OSI Group. Because Tyson was unable to fulfill their clients needs, OSI Group knew that they would be able to help them out by expanding their lines and keeping their business close to other plants.
The former Tyson Plant is well over 200,000 square feet and isn’t very far from another OSI Group. The setup was established as a way to keep manufacturing costs to a minimum and to allow for the employees to be close to another plant. Because the plant was in a prime location, the infrastructure was put in place to be able to succeed long term.
About OSI Group: en.wikipedia.org/wiki/OSI_Group