In 1909, OSI Group came into existence. During this period, the company was a butcher shop that had been opened up by Otto Kolschowsky two years after settling down in Chicago, Illinois. The shop started out as a retail entity and later on grew into a wholesale business. Otto Kolschowsky continued propelling the butcher shop’s growth to an extent that he sought help from his sons who would later become a part of the business. More about of OSI Group at zoominfo.com
The sons of Otto Kolschowsky- Arthur and Henry became officially affiliated with the company in 1928. Thereafter, Otto Kolschowsky came to a conclusion that the name Otto & Sons was befitting since his two sons were now on board. With time, Otto & Sons became the most influential food processing company in Illinois. As a result, the McDonald’s restaurant first approached Otto & Sons before venturing into the food business. Both companies entered into a contract whereby Otto & Sons would supply meat products to the McDonald’s outlets on demand. The deal went on smoothly and Otto & Sons were witnessing huge profit margins, thanks to their partnership with McDonalds.
The McDonalds Corporation was also growing at an alarming rate. The growth of the business was good for Otto &Sons since they were receiving bulk orders from the McDonalds restaurant; however, the main problem came about when Otto & Sons were unable to supply freshly ground beef to the outlets that were far from their food processing plants. Thanks to technology, Otto & Sons found a solution to their problem. Researchers had come up with a food preservation method that was known as flash freezing. In this case, you would apply liquid nitrogen to your food and it would remain in a frozen state. This discovery solidified the partnership between Otto & Sons and the McDonalds Corporation.
Since Otto & Sons had been under the leadership of Otto Kolschowsky and his sons for too long, the corporation’s leadership had to be handed over to someone who was capable enough to propel the company’s growth further. For starters, the company was renamed from Otto & Sons to OSI Group in the 1970s. Sheldon Lavin was then named the CEO of OSI Group. Since he had served as a financial advisor to OSI Group some time back, he had an idea of how the company operated. To date, he is still OSI Group’s CEO and the company has enjoyed a positive streak of growth for the many years that he has been a part of the organization’s executive team.
Learn more: http://www.refrigeratedfrozenfood.com/keywords/5122-osi-group
Recently, GreenSky Credit made a deal with American Express to create a partnership between the 2 companies. This business move will give the company access to the merchant base of American Express and is expected to boost their platform considerably. The deal is also expected to be beneficial to American Express who is trying to attract more merchants as a part of their new strategy for growth.
GreenSky Credit only offers their products to customers with good credit, meaning that their risks of not being paid back are small. The company has built a strong network of banks, healthcare providers, and home improvement businesses. This type of networking is still crucial to their growth strategy. Their methods are clearly working if their impressive results from the second quarter of 2018 are any indication.
This partnership with American Express is adding an entirely new dimension of growth that runs alongside the methods that GreenSky is already implementing. It is predicted that this partnership will be fully implemented sometime in 2019 and is expected to bring the price per share of GreenSky to around $26 by 2020. This estimate is approximately 30% higher than their current price of approximately $20.
Form 2015 to 2017, the merchant base of GreenSky grew by around 50% each year. According to predictions, this number may reach 30,000 before 2021. The company may have increased their number of merchants, but the transactions per merchant have decreased. With the help of American Express, more merchants that are high-end are expected to be added to their base which will minimize this decline. They are expected that the transaction volume per merchant with the company will reach about $290,000 by 2020.
Their numbers in the second quarter of 2018 show that as a public company they are off to a great start. Their transaction volume increased by 36% in that time frame and is expected to continue to increase. They will now have access to the virtual payment system offered by American Express as well. The strategic alliance that is being formed with American Express will continue to allow GreenSky to grow and is expected to increase their share of the market.
After Hurricane Harvey, many people and organizations were scrambling to find a way to help in the aftermath of this tragedy. However, one company was already prepared, willing and able to help. As it happens, stream energy had made a surplus of revenue in the aftermath of its energy sales business. As such, they became one of the first organizations to contribute to the relief effort. Of course, this is nothing new for them. From the moment of their inception, philanthropy has always been the lifeblood of stream energy and they even recently launched a charity organization known as stream cares in an effort to continually fund the recovery effort in Texas as well as the rest of the nation.
As it turns out, corporate America is a lot less stingy than one might think. In fact, just last year, they gave over $19 billion to various charities and philanthropic endeavors both in America and overseas, and that’s not even counting the volunteering of time and donations by individual employees of these companies. In particular, this cause hits close to home as stream energy is based out of Dallas and they’ve established steadfast relationships with philanthropic organizations such as the Red Cross and Habitat for Humanity. One of the causes they focus on in particular is the impoverished and those who are currently without their own residence.
Over the past few years, stream energy has noticed a 24% increase in homelessness throughout the city of Dallas alone and they are determined to cut that number in half in the next five years. One of their notable passion projects involves working with another Dallas-based philanthropic organization known as Hope Supply Co. Together, they have managed to cover the entrance costs of thousands of different homeless children to participate in Splash For Hope. This event allows thousands of different underprivileged children to attend a local water park and provides them with money and supplies to help keep them fed. So we wish them the best of luck in their future projects and hope they are successful in all their future philanthropic endeavors.
Project management currently has taken completely different dimension where established, and upcoming a capitalist have to look professional advice and help before committing to any form of investment. Sahm Adrangi is a perfect example of such analysts. Mr. Adrangi has been supporting investors around the globe to make profitable and wise decisions. By utilizing his extensive research, several investment industries have managed to revolutionize and stand during hard economic times.
Sahm Adrangi tackles these issues by addressing people in conferences and seminars as well. In most cases, investors who have emerged to be successful have mentors behind them who guide them all through. In addition, normally you will find a group of investors coming together to organize meetings and seminars where they engage financial analysts for advice and facilitation.
A good example is Whitney Tilson who has benefited a lot from such meeting held by financial analysts. He has greatly invested in this knowledge of inviting the analysts to address issues affecting investors. The core benefit of these meetings organized for analysts is that different persons are given diverse topics to handle.
This means by the end of the day, capitalists and other attendees will get adequate knowledge and advice concerning various projects. Mr.Sahm Adrangi has worked in this industry now for several of years. Sahm has helped to state investment projects and companies that are working perfectly well. This has made him very important and resourceful in terms of facilitation because he works out of the experience.
Extensive Research has greatly contributed to his performance in the projects he has undertaken. Kerrisdale Capital which is very successful is one of his companies that have set the path in the industry. Mr. Sahm Adrangi does not entertain business people who create w scam businesses to corn people and make money illegally. He has even compiled a list of all falsely operating companies as a way of encouraging and maintaining ethics in business.
Every time Mr.Sahm Adrangi is invited to talk in forums related to investments, he never disappoints. He is conversant with the latest trends in the market and therefore he is able to give professional advice to investors.