OSI Purchases Tyson Foods Plant — Chicago, Illinois

OSI Industries is an Aurora-based food processing company that has currently purchased a local Tyson Foods plant in the city of Chicago for $7.4 million. This is according to the accounts of the Cook County Recorder of Deeds. Tyson announced that they were going to have to shut the plant down and that about 450 people would lose their jobs.

At the time that OSI came along, it was estimated that about 250 employees were still working at the Tyson Foods plant. A spokesperson for OSI, Alison Kovaleski said that she was unable to state exactly how many people were still working at the plant after OSI bought it. The reason for this is because the plant had already closed before OSI Group was able to buy it, although the company would like to restore many of those positions as possible, it was unsure as to how many jobs would actually be able to be brought back.

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OSI Group has since announced that their main reason for buying the facility was because it met the needs of their current customers to continue rapidly producing more product. This is a 200,000 foot facility that the OSI Group has purchased and it is expected to boost their productivity in the area of protein-enriched foods and other growing consumer areas, which the company sites as an area of business that they they very much needed more space and warehouses to produce. The exact products cited as a reason to buy this plant and grow their production included selling more beef, pork, poultry, and sea foods to name a few.

This infrastructure that has been purchased will go a long way to helping the OSI Group meet the ever-growing demand by their customer base for these specific kinds of products, thus buying this facility made sense! OSI Industries is a privately-owned corporation that has currently running 60 facilities in 17 different countries.

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