It was common in the past to work for a single company for the entire length of one’s career but not so common nowadays. David McDonald is someone that has made that decision to work for just one company and it landed him in the positions of chief operating officer, president, and a seat on the board of directors. He has worked for OSI Group LLC since graduating from college in 1987.His company is one of the world’s largest food producers with customers ranging from industrial, grocery store private-label, and restaurants. He oversees a vast global supply chain that includes suppliers, over 65 food production facilities, and transportation to their customer’s locations.
David McDonald says that while his food company is global in scope they also work closely with local food providers so that all of their customer’s needs can be efficiently met.OSI Group has often grown by acquiring other companies in the food industry. David McDonald usually handles these acquisitions. This was the case when his company recently bought Baho Foods. This is a Dutch firm that offers deli meats, marinades, sauces, and other processed food products to their customers. He said that his company bought Baho Foods because it gave them access to new markets and both companies offer similar products.
In an interview, he extolls the benefits of getting food from OSI Group. David Mcdonald says the key business vision of the company is to always exceed customer expectations. What helps them meet this goal is that they have remained a private company. This gives them the flexibility to take their time and establish solid relationships with their suppliers, customers, and other stakeholders. He has never doubted in this vision he said.Based near Chicago, OSI Group is expanding its operations in Europe, Asia, and in North America. In order to support its expansion in North America, they recently bought a food processing plant that was slated to be closed by Tyson Foods. David McDonald says that he was able to negotiate with Tyson Foods and buy this plant at a reasonable cost. This saved the jobs of 500 people who otherwise would have become unemployed.
Economist Ted Bauman has been feeling less confident about the overall US stock market. It is one of the longest bull markets in history and it may have just about run its course. Ted Bauman was born in the United States and traveled to South Africa when he got older in order to earn a degree in economics. He has worked many years assisting those in need all over the world. Much of his written work has been published in journals in many different countries. He gained experience in low-risk investing strategies over his many years living in South Africa and feels it is the best way for investors to make money in the markets. His current view of the United States stock market is bleak.
He does not put a date to a market crash scenario, but he does list factors that Bauman believes that he could drive the United States into a recession and a bear market in equities.One factor that could end the bull market in US stocks is that the market is extremely overvalued. Ted Bauman is not the only a famous economist who believes stock valuations in the US are at extremes. Eventually, more investors will realize that stocks are too overvalued, and they will run for the exits at the same time, causing equity prices to plunge rapidly. Another factor that could cause a bear market and push the US into a recession is the current trade war with China and the US.
Mr. Bauman has stated that China could end up retaliating against US companies and hurt their earnings. Ted Bauman also feels that interest rates could cause the bull market to end. Currently, interest rates are still historically low. However, there is a lot of debt in the financial system and many financial investment analysts believe that the US economy will be unable to handle rates higher than three percent.Ted Bauman currently writes three newsletters for Banyan Hill Publishing. He provides his subscribers with advice on how to invest properly. He feels that average people should be allotted the same opportunities as the super-rich. Bauman advises investor that now is a time to take cation n the markets and to focus on low-risk investing strategies and wealth preservation.
OSI Industries, a world-leading distributor of wholesale food products, has grown from a regional U.S. food distributor into a company with operations across the globe. Since the 1970s, the OSI business model has been corporate expansion by taking advantage of opportunities for acquisition, merger and partnership. Even though OSI already occupies the space of being one of the world’s largest food processing operations, the company continues to diligently expand operations when the opportunities present themselves. Recent years have seen some big expansions in areas such as Australia and Europe and 2016 marked a particularly impressive run for OSI Industries in the United Kingdom. Learn more about OSI at zoominfo.com
The 2016 calendar years saw OSI Industries acquire a British company called Flagship Europe. This company was a great addition to OSI’s portfolio of companies due to the fact that it has such a highly regarded reputation in the U.K. food market. Flagship Europe is known for its extensive range of high-quality products that range from items such as pies, sous vide and frozen poultry among others. The ever-expanding Food To Go area of the food service industry is also an area that Flagship Europe has placed a large amount of focus on. Flagship’s Chief Executive Russell Maddock has emphasized the fact that this business deal was great for his company because it greatly increases the firm’s overall resources. David McDonald, OSI President and board member echoed this sentiment and also emphasized that the Flagship brand was a great addition to OSI’s extensive family.
On November 25, 2016, OSI Industries added another accomplishment to its banner years in the United Kingdom. This was due to the fact that the British Safety Council chose the food processing giant as its Globe of Honour awardee for 2016. O: SI was among eighteen other great organizations that were recognized by the council for their commitment to maintaining environmentally sustainable facilities and operations.
Big news for OSI Industries in Europe was not limited to the U.K. during 2016. OSI also gained control of a Dutch food processing firm called Baho Food that year as well. With operations in both the Netherlands and Germany and an impressive geographic distribution line, Baho Food is yet another great addition to OSI’s family of companies.
Logistic experts have expressed their concern on Telsia motors founder Elon musk project of the subterranean tunnels freight transport system, and its widespread adoption. However, China’s giant e-commerce company, JD.com has announced its plan to launch a similar urban underground tunnel to deliver parcels to consumers and businesses.The announcement was released at the JD. Com’s 2018 global smart supply summit in the Chinese capital Beijing. The company announced it plans to roll out its smart urban logistics which will develop a design for urban hubs as well as top-level plans for the logistic system as well as to come up with platforms for big data and cloud computing for the logistic system.
The organization will constitute the business and academic experts from Nankai University, Institute Of Comprehensive Transportation, Beefing Jiao Tong University, Wuzi University, Shanghai Maritime University, and Sino Tran & CSC.The first item on this development is determining whether the underground system can utilize the subterranean tracks together with the integrated municipal pipe corridors. JD. Com has maintained even though the project sounds far-fetched; it is justifiable due to the high cost involved in last mile fulfillment of services in urban centers.Presently, the freight at JD makes a significant input to urban traffic emission, and consist of a third of the total road capacity as research papers from JD.com company indicates.
Chinas high rate of urbanization is likely to exacerbate the situation and cause intense environmental changes and pollution, which can disrupt people’s lives, as the firm stated.If the company succeeds in establishing a ground network delivery system, it will enable the urban logistic operation to be environmentally friendly as well as improve its efficiency, while at the same time preserving above ground space that traditional logistics system would occupy.Chen Xian Sheng, the Chinese Academy of engineering current director, said most smart and effective urban centers usually make the best use of their available resources and space. He mentioned that when he was launching the new institute of research. The development of the underground logistic system will not only help to alleviate environment pollution but save urban space as well.
Stream Energy is an energy companyheadquartered in Dallas, Texas. They also serves Pennsylvania, New Jersey, Georgia, New York, Illinois, and Washington D.C. They have been in business since 2005. The company advanced efforts to Georgia during 2008. By 2010 they had advanced to the Northeast. The services they provide their customers include energy and gas.
Hurricane Harvey devastated Houston residents and businesses that were affected by the storm. Stream Energy made the decision to help aid the damage of Hurricane Harvey. Countless buildings and homes were flooded and were in need of repair. Stream Energy donated fundsto help those affected by the hurricane. The company also preformed charity work to help those affected. They have their own philanthropy group called “Stream Cares.” Their organization is for the purpose of giving back to the community. They aim to give back across the United States, not just in Dallas, Texas.
They partnered withHope Supply Co. following the effects of the storm. Their goal was to donate to the victims of Hurricane Harvey. The company has been involved in philanthropy since the begging of their foundation. Their goal is to be of assistance to the community and the neighboring cities. Often times when a corporation decides to dedicate a portion of their resources to philanthropy, there are usually some challenges associated. Stream Energy has been able to remain a reputable business and receive revenue, while providing the community with charitable services. By their charitable acts, they have received the loyalty and respect of the Dallas, Texas community.
According to statistics from 2016, corporate business in the United States donated a total of $19 billion. Stream Energy has business relations with organizations such as Habitat For Humanity and the Red Cross. The company’s business model is simple and condensed in order to remain in business while managing all efforts.
While David Zalik was working as the CEO of e-consulting firm OutWeb, he began to notice a serious problem in the way some of his home-remodeling company clients were handling certain aspects of their business. Specifically, Zalik saw that there were a large number of high-end homeowners who were coming in to stores like Lowe’s and Home Depot and looking to carry out big-ticket renovation projects. However, the majority of these homeowners had no experience in contracting. When they inevitably ended up underestimating the true cost of their projects by four- or five-figure amounts, the deals would often fall through. This wasn’t because of cost — most of these renovation projects were actually value-additive because they boosted the home’s price by more than they actually cost. Instead, many of these homeowners were unable to complete the renovation for simple lack of liquid funds to do so.
Zalik knew that insufficient cash on hand was a very common problem in real estate even for large commercial developers. However, where large real estate developers had access to sophisticated bridge-financing facilities, normal homeowners didn’t have anything similar to help them carry out their home renovation projects. This is where the idea of GreenSky was born.
GreenSky offers an enticing solution
Zalik created GreenSky as a way for average homeowners who were looking to carry out a big-ticket remodeling project to have access to the same kind of instant cash infusions that the big dogs in real estate development enjoyed. GreenSky matches up homeowners at the point of sale with some of the largest lenders in the country, offering them instant loan terms that are often good enough that few can turn them down. A typical GreenSky loan involves no interest or payments needing to be made in the first year of the loan. Because the average GreenSky customer has a FICO score above 760, the vast majority of its borrowers pay the loan back, in full, within the first year.
At the same time, GreenSky partner banksget high-performing loans on their books, and contractors and home improvement businesses get billions in additional business each year.