Month: June 2018

OSI Industries Expands Into The Australian Market By Merging With Turi Foods

OSI Industries is one of the largest food companies in the world and has been named as one of the top 100 American Food Companies, too. OSI Industries recently merged with Turi Foods in Australia to form Turosi Pty. Ltd. This merger will benefit both companies and will help OSI to expand into the Australian market due to Turi Food’s experience with the poultry processing and farming industry in the nation. Thomastown and Geelong, Victoria will continue to be the home of their combined plants, and it is expected that new plants will be constructed in the future in other Australian cities.

As one of the most well-known poultry processors in Australia, Turi Foods supplies fast food restaurants, specialty retailers of chicken products, roast chicken outlets, butcher shops, and major supermarkets. Grant Thornton played a major role in the transition, and Sam Cuteri, the Chairman of Turi Foods, commented that the merger has already begun to bring together the teams from both companies. He also revealed that the shared ownership will help both companies to better serve the customers who have come to rely on what they have to offer. David McDonald, the President of OSI Industries, remarked that, both, Turi and OSI have built something special with their companies and that the merger will see even more new innovative ways to serve both of their many varied clients.

OSI Industries has been in existence since 1909 when a German Immigrant named Otto Kolschowsky started up a small butcher shop and meat market in the bustling city of Chicago. It didn’t take long for Otto to find success, and before he knew it, he was expanding upon what he offered by entering into the wholesale aspect of the business. After his sons joined on with the family business, OSI continued its steady growth until it exploded during the 1970’s when its partnership with McDonald’s began to take it to new heights. By building a facility dedicated primarily to providing McDonald’s with food options, the company was ready to expand even further. This is when the sons realized they would need to hire outside help and decided to hire-on Sheldon Lavin who had a vision to make the company even bigger than it already was. Before long, OSI Industries was expanding into new locations in the United States as well as overseas and, now, years later the company is worth billions of dollars.

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Betsy Devos – on topic article

Betsy DeVos is the new United States Secretary of Education for the Trump Administration. Also, Betsy DeVos and her husband served as the Republican Party’s largest sponsor in Michigan, funding many candidates and at the same time promoting their school reform agenda. Donald Trump’s appointment of the wealthy 59-year-old Betsy DeVos as secretary of education crystallized a direction that has been clear since his announcement on November 23.

 

Questioned by a Democratic senator at her hearing, Betsy DeVos, who was president of the Republican Party in Michigan, stated that she was in favor of vouchers. Vouchers are distributed by the state so that children can attend private schools. The announcement of Betsy DeVos’s appointment on November 23, therefore, worried the Democratic camp and the unions. Remember, the Secretary of Education oversees an annual budget of 68 billion dollars and guarantees the application of federal laws.

 

Forbes magazine’s 2016 ranking of the most massive U.S. fortunes stated that Betsy DeVos and her husband have an estimated wealth of nearly $5.4 billion, and this places them as having the 88th largest fortune in the USA. Betsy DeVos also supports the home education movement, preferred by many Christian conservatives to secular education. The billionaire also defends the voucher system. These education vouchers are distributed to parents so that they can send their children to a private school.

 

Her plan involves reforming the public school system for the benefit of private schools. Betsy DeVos also defends the private education system, where she completed all her schooling, details the New Yorker. For the first time in history, and as the Constitution allows in the event of a tie, Vice President Mike Pence acted as a tiebreaker when it came time to cast the decisive vote confirming her appointment as the United States Secretary of Education.

 

During her confirmation hearing before the Senate, when asked about weapons at school, she cited the example of a rural school that needed firearms to protect itself from potential wild animals. Also, Trump wouldn’t have appointed this woman to this position if he didn’t intend to do something radical to change the educational system in the United States. Another controversial point: her role within the Edgar and Elsa Prince Foundation, created by her parents.

 

However, for the detractors of the present public U.S. educational system, this appointment signals a change which may help to repair a public education system that is already less efficient than those of other Western countries. Trump’s choice was only approved with the vote of vice president Mike Pence, who had to break the tie-breaker for the first time in American history. Private education should be, according to her, provided in “charter schools,” private schools with public funding practically independent of the government.

 

Also, we should remember that as the Secretary of Education she will oversee an annual budget of $68 billion and she will also be in charge of the agency that guarantees the application of federal laws. She will also control a multi-billion dollar fund for student loans and grants.

 

Follow Betsy DeVos on twitter for updates.