OSI Food Solutions has 65 of its facilities spread over 17 different countries. It began as a retail meat business by a German immigrant, by the name Otto Kolschowsky. The company served the community well, and after the first world war, it had expanded its business to a wholesale and retail food supplier. After the war, a business alliance which seemingly was between two families was formed. Ray Kroc had just earned the right to franchise for the McDonalds couple and was to open a chain of burger restaurants in Illinois. He agreed with the sons of Otto Kolschowsky to be the constant suppliers of the franchise. This was before he bought out the business from the couple and opened up the original McDonald’s. He became the CEO of the current McDonald’s.
As the company grew and expanded its operations to different regions the OSI Food Solutions, then known as Otto and Sons, also grew in response to accommodate the demand from McDonald’s. Otto & Sons were the principal suppliers of fresh ground meat to the swiftly expanding McDonald’s restaurants. Over the years, Otto & Sons changed its name to OSI Group, to effectively be a reflection of what the company dealt in, as they expanded to meet the demand from their customers. This was a challenge as McDonald’s needed constant supply of quality meat products to their widespread facilities. This meant that they had to come up with ways of ensuring that the meat remained fresh as it was transported, and still have an affordable price for their product.
The meat supplier finally experienced a breakthrough when liquid nitrogen methods could be used to flash freeze food. They now had two tracks; one was to serve their biggest customer, the McDonald’s and the other was to supply the locals consistently. Lavin, the CEO of OSI Food Solutions, led the company as it broke into the international space. Experts who could successfully contribute to the company were employed. As McDonald’s grew, so did OSI Food Solutions. The company satisfactorily catered for its customers’ needs and ventured into different areas of the food industry. The growth is evident to date. In 2016, it was ranked number 58 of the biggest private companies in the US.
Read more: https://patch.com/illinois/chicago/sustainability-vision-sheldon-lavin-ceo-osi-group
Most companies from Silicon Valley seek keen on going global. This phenomenon is attributed to the emergence of a worldwide market that is too lucrative to ignore. Suddenly, the companies that wanted to limit their operations to the United States now want to establish offices in Europe, Asia, and other regions. One such company is the private equity firm, HGGC. They have been on a mission to get to the international markets for a long time, but this effort has received a renewed boost. Here is how they are doing it.
The company has been acquiring new subsidiaries that are likely to help it to penetrate new markets. One of the companies that they bought recently is RPX. Through such acquisitions, they want to leverage on the networks created by those companies to find new markets. In return, they invest heavily in their new partnerships to help them find enough capital to fund their operations. This is a situation that works to the advantage of all parties involved. Recently, the CEO talked about the possibility of HGGC acquiring new companies shortly.
To ensure that they have an easy time venturing in the unchartered international markets, HGGC has been making new appointments to their management staffs. They are always scouting for professionals who have expertise in a strategic investment. For example, they recently hired a new vice president and principal. If you look at these appointments, you will notice that they are all aimed at marketing the firm. This situation is believed to be focusing on global clients who would like to partner with the company to achieve their needs. The new appointees were tasked with things such as finding buyouts and sales and marketing.
HGGC already has international offices and clients. However, there are some regions where they have yet to make a mark, and these are the areas that they are targeting. Going by their success stories when expanding in the local markets, it is almost sure that they will be successful with this new mission, especially when you remember that they have a team of creative executives to back them up.
Houston, Texas is wonderful place to live and raise a family. For those who call this city home, when a hurricane hit it was time to spring into action and get ready to offer the kind of vitally important help people needed to get through the storm itself and the aftermath. Hurricane Harvey hit many parts of the region quite hard. Many people were stranded. Others were without clean water or access to safe food. Fortunately, those at Stream Energy were fully prepared and ready to step in with much needed assistance. More than fifty-six inches of rain were dumped in certain neighborhoods in a short period of time. At Stream Energy, they were able to begin the process of immediately raising funds to assist victims of the storm directly. They also helped by providing many supplies so that people could begin to get on their feet again as soon as the waters left. This kind of assistance is nothing new for company staffers at Stream Energy. Caring is always on the minds of all those who work here.
In an effort to do all they can provide philanthropic efforts, officials at Stream Energy have created a foundation. This foundation, known as Stream Cares, is all about giving back to the community directly. It’s also all about showing an appreciation for their many customers. Stream Cares promotes unity in the region as well as many other kinds of worthy causes. Many associates at the company are delighted with the company’s efforts. They take pride in knowing they are part of something greater than themselves. Their outreach efforts are based on helping people in person. For example, each year, they provide a wonderful day out for local homeless children. The goal is to get kids out their surroundings to some place where they can rest and relax. Many staffers volunteer their personal time to help children. In doing so, they show just how much they truly care about their communities and all those who live there. Community employee involvement allows people to come together for all kinds of wonderful charity efforts.
It has been known as a fundamentally-oriented investment organization manager which has its aim at investments that have long-term value. It is none other than Kerrisdale Capital Management, LLC which is an active member of Financial Industry Regulatory Authority. It is headed and managed by Sahm Adrangi. He also happens to be the Founder and Chief Investment Officer of the same investment manager.
Mr. Sahm Adrangi founded Kerrisdale in 2009 and has taken the firm from one development to another and has been involved in various aspects of the firm. The private investment manager has been involved in publishing several negative reports expressing its short positions in certain market situations. Recently, it explained its thought on NASDAQ: the QNST stock of an internet marketing company called QuinStreet Inc. which has risen four times than it was. This has blinded the eyes of the investors who now think that the company is on the right track. Nevertheless, according to Sahm Adrangi of Kerrisdale, the sustainability of QuinStreet is from some fake web traffic. As the client clicks and fills their form, QuinStreet’s revenue increases at the expense of an innocent client.
Kerrisdale also expressed their short position in the stock NYSE:KODK which belongs to Eastman Kodak Company which is basically involved in imaging and printing. After an announcement that the company will have a platform in the blockchain technology, their stock has risen with 187%. Nevertheless, Sahm Adrangi argues that this is just an ICO craze chase which is meant to cover up the poor fundamentals and capital structures of Kodak Company but it will fail terribly.
Sahm Adrangi has also some negative report on the stock NASDAQ: PTI which belongs to Proteostasis Therapeutics, Inc. The company is a biopharmaceutical that is involved in development stages of drugs that treat cystic fibrosis and currently testing PTI-428 drug. After being granted Breakthrough Therapy and Orphan Drug of PTI-428 by FDA, its stock rose by almost 100%. However, Kerrisdale argues that the drug is ineffective and Proteostasis Therapeutics is not disclosing all the information to the public about the PTI-428 drug.
Mr. Sahm Adrangi has dealt with financial matters in his prior jobs like in Deutsche Bank, Longacre Fund Management, and Chanin Capital Partners. He studied at Yale University for BA.
The people who know Shervin Pishevar know he is an American, but they also know his family comes from Iran. Mr. Pishevar has always been ahead of the curve when it comes to tech innovations. In 2015, he was one of Obama’s pick to sit on the J. William Fulbright Foreign Scholarship Board. In 2016, he was an Ellis Island Medal of Honor recipient. And he was a state department ambassador. But Shervin Pishevar is not a seasoned politician. He is a high-profile investor and entrepreneur who knows how to make money and contribute to the economic health of the nation.
Pishevar hasn’t been as vocal as he was a few years ago, but all that changed when he went on a Twitter rant that kept his Twitter followers entertained for 21-hours recently. Mr. Pishevar didn’t rant about one particular issue. He let loose. His twitting thumbs gave everyone a dose of Shervin Pishevar’s thoughts about the economy, bitcoins, the stock market, Silicon Valley and China.
According to one Shervin Pishevar tweet, the value of one bitcoin will drop in 2018. Shervin thinks the value of a bitcoin should be in the $2,000 to $5,000 range going forward. He also told his followers that the stock market is ripe for an adjustment. A 6,000-point adjustment. And he let everyone know that China’s infrastructure initiative is going to give China the economic advantage it needs to be the most powerful country in the world in the next couple of years.
But Shervin Pishevar also didn’t hold back when his tweet about Silicon Valley hit cyberspace. He thinks Silicon Valley will be less relevant on the world’s tech innovation stage in the future. And he took a tweet-like swing at Apple, Microsoft, Facebook, Amazon, and Alphabet when his tweet put them in the monopoly category. Shervin believes those companies have as much political and social power as some nations.
No one is sure why Pishevar decided to go on a Twitter rant now. But there is speculation that he wants to show the world he has what it takes to make economic and political predictions that come true.