OSI Industries: From Small Store To Big Story

OSI Industries is a cutting-edge food service company, who has plants in many countries across the globe. However, they weren’t always an industrial giant. Like many large, well known companies today, this giant had a humble beginning.

First founded by a man named Otto Kolschowsky, who was a German immigrant, OSI Industries began as a small, family owned butcher shop in a small neighborhood on the west side of Chicago. Otto’s butcher shop was so successful that within a decade of founding, which coincided with the end of the first World War, he had expanded not only into another neighborhood in Chicago, but also into the wholesale sector of the market. This move would prove to be an important step towards the company’s future in the global market.

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In 1928, Otto renamed his business Otto & Sons. Not long after that, he had an opportunity to expand his company even more. In 1955 Otto was approached by a man named Ray Kroc. Ray was a franchiser for the McDonalds restaurant, and was seeking a supply line for the expansion of McDonalds. After a discussion and a handshake, Otto and Kroc entered into an agreement; Otto was to supply McDonalds with a consistent, quality ground beef product.

This proved to be challenging after McDonalds expanded and grew in popularity. The demand for Otto’s ground beef patties forced his company to look for new ways of supplying and transporting his product to McDonalds. One way they achieved this was through a technological advance call flash-freezing, a process done with liquid nitrogen. This step into the technological world proved to also be their first step into becoming OSI Industries, a globally operated company.

1975 saw Otto & Sons become OSI Industries, to better signify their ever expanding reach. In 1977, they opened their first plant out-of-state in Iowa. 1978 marked their first expansion into the global market, opening a plant in Germany, and another in Spain in 1980. Today, OSI Industries continues to show remarkable growth, bringing in $6.1 Billion in revenue, and ranking #58 on Forbes list of the Largest Private Companies.

Fid more about OSI Industries: https://www.glassdoor.com/Reviews/OSI-Group-LLC-Reviews-E19677.htm

Stream Energy Cares For It’s Community

In August of 2017 hurricane Harvey brought several feet of water to the city of Houston. Many individuals watched the horrific devastation the storm brought with it. Hurricane Harvey would claim the lives and homes of many individuals. One of the first company’s in the city of Houston to step up and help with the recovery process after the storm was Stream Energy. The company is involved in selling energy to its customers and took it upon itself to assist its customers who ended up undergoing financial hardships due to the storm. Stream Energy is a company that prides itself for partaking in philanthropic efforts throughout its community. The company started “Stream Cares”, which is the charity the company recently founded.

Stream Energy launching a new part of their business specifically dedicated to philanthropy is very new in the corporate world. This allows for the company to give back to its surrounding community, but also earns admiration from those who live in the area and who may potentially become future loyal clients. A company undergoing scandals, profit losses and hard times may utilize this method to improve the image of the company. While many people view corporate America as completely greedy, the statistics show that corporate America donates to numerous charities across the United States.

Stream Energy has a history of working with organizations such as the Red Cross and Habitat for Humanity. Company management and the day to day employees make a combined effort to give to the local community. The company encourages its employees to choose ways to help the local community. The workers at Stream Energy are all passionate about caring for the members in their local community who are homeless.

Stream Energy joined efforts with the Hope supply company to help pay for an event called the Splash for Hope. This event helps to bring over one thousand homeless children to a local water park. The entrance to enter the park and their food costs are paid for. Many of these children have never experienced a waterpark before. The companies also offer money and supplies to help the children as well.

https://www.inc.com/profile/stream-energy

Marc Beer: Using Experience and Industrial Knowledge to Solve Pelvic Floor Disorders

A large number of medical facilities in the in the United States are focusing on solving the common health challenges that are affecting a significant number of individuals in the country. Some of these disorders are highly associated with an individual’s lifestyle. However, there are other medical problems that people are experiencing, which are not receiving significant medical attention. One of this disorders includes urinary inconsistency, which is one type of Pelvic Floor Disorder.

 

Marc Beer, who happens to be the Chief Executive Officer and the co-founder of Renovia Inc., has turned his attention in solving floor disorders. His main aim is to ensure that urinary inconsistency and other health challenges that are associated with pelvic floor disorders are solved through innovative methods. However, to implement his strategy, Marc has brought up an in innovative strategy of attracting funds from well-wishers, healthcare investors, and even debts. The funds collected will be used in performing various roles at his medical facility.

 

Recent reports indicate that Marc Beer has already assembled the necessary funds which will help him to embark on his ambitious plan of solving the pelvic floor disorders that a large number of women are experiencing. Reports indicate that a significant amount of the money received, more than $32 million, came from healthcare investors and other private organizations that fund healthcare inventions. One of the private institutions that provided funds is the Longwood Fund, which is known across the industry as one entity that funds inventions.

 

The other proportion of the funds, $10 million, was provided by the banks inform of debts. This means that Marc Beer was able to attract more than $42 million, which will be used in helping the medical facility realize its objective of solving pelvic floor disorder. The current statistics indicate that more than two hundred and fifty million individuals around the United States and other parts of the world have pelvic floor disorders. Renovia Inc. will be of help to these individuals and other people who have similar disorders.

 

About Marc Beer

Marc Beer is a co-founder of Renovia Inc., a medical facility that is geared towards solving pelvic floor disorders. He has more than 25 years in the medical industry, especially in the commercialization of biotechnology products. His will be useful in the development and marketing of the technological devices as he has sufficient knowledge about tech products and the whole healthcare industry. He has previously worked in other organizations in a successful way and he will be important in the growth of Renovia Inc. Learn more: https://ideamensch.com/marc-beer/

 

Wes Edens, Chairman and Founder of Fortress Investment Group

Wes Edens and Exciting Ventures and Purchases by Fortress Investment Group

Wes Edens is the Chairman and one of the Founders in 1998 of Fortress Investment Group, which is headquartered in New York and is one of the largest and diversified alternative asset managers in the world and has developed a deep expertise in managing acquisitions and mergers. It directs more than $70 billion in assets under management and employs 1,100 people in 15 offices around the world. Its 2007 initial public offering was the initial large private equity firm on the New York Stock Exchange (NYSE) to go public.

Its three principals are New York-based WesEdens and Randal Nardone and San Francisco-based Peter Briger. They chose to continue their roles after the purchase of Fortress in 2017 for $3.3 billion by SoftBank Group Corporation, a Japanese multinational with its headquarters in Tokyo. Fortress, now in a worldwide market, continues as an independent entity with Wes Edens, Briger, and Nardone staying on as principals. Its operations are in three principal categories of Private Equity, Credit, and Permanent Capital Vehicles.

Wes Edens has a variety of important titles including co-chief executive officer, private equity chief investment officer investing in diverse industries, president of private equity, principal and private equity chief investment officer, chairman of Nationstar Mortgage which Fortress purchased, and more. He received his Bachelor of Science in Finance and Business Administration from Oregon State University in 1984. To know more about him click here.

Fortress has also just broken ground in September 2018 for its Miami-based Brightline Southern California to Las Vegas high-speed private passenger train that, upon completion in 2022, will make the 185-mile trip in two hours instead of the four hours or more that it currently takes for the drive on the busy Interstate 15 freeway that links Southern California to Las Vegas, one of the most traveled USA routes. Construction on the first phase of the rail project is expected to begin in 2019 on the rail line alongside Interstate 15, and the company plans to purchase 38 acres adjacent to the Las Vegas Strip to build a major intermodal hub terminus.

LinkedIn: https://www.linkedin.com/in/wesley-edens-a6b19b3a