OSI Industries Improves Food Production In Spain

OSI Industries has been carrying out a raft of measures to expand its business operations around the world. In Spain, the company has added a high-capacity food production line to improve the production of chicken products. The plant is located in Toledo, Spain, and is used to produce pork, beef, and chicken products. The additional space in this plant is specifically for the production of more chicken products.

The expansion happened at the cost of 17 million euros. The production capacity of the plant stood at 12,000 before the expansion plan. Right now, expectations are that the production will reach 24,000 after the expansion. With double the production capacity, the plant will meet the demand for chicken products coming from Spain and Portugal.

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With the increased production capacity of chicken products, the total production capacity from this plant will go higher. The overall capacity is expected to reach 45,000 tons annually. Such a production capacity is likely to raise the portfolio of the company among the customers. Customers want a company that can meet demand, and OSI Industries is doing exactly that. After the expansion of the plant, there was a creation of 20 more jobs in the company. The total number of employees in Toledo has increased to 160. One of the new positions is that of a product development manager. The holder of that position will be responsible for products management by providing existing products and adding new ones.

Increase in demand for chicken products in Spain and Portugal necessitated the expansion of the plant. Consumption data showed that the percentage demand from these two countries had increased from six percent to eight percent. The trend of growth has been consistent for the past one decade making the company to estimate that the trend will maintain going into the future. With demand increase, OSI Industries want to make sure that they maintain their position as the leading food production in the region.

The new addition includes 22,600 square feet of space. The plant has added a production hall, shipping and receiving areas, storage, and service bay among others. The expansion happened in such a way that it will allow the improved production capacity. The company has also added a new test kitchen that will be used to create new products that will meet the needs of the market. OSI Industries wants to develop products that satisfy every palate.

Learn more about OSI Industries: https://www.bloomberg.com/research/stocks/private/people.asp?privcapId=23182821