More than 100 years have passed since the first meat shop; the Corner Butcher Shop was opened in Chicago, USA. From this small meat shop that was established to supply meat to a small immigrant group, we can see a huge company that has now grown to become the leader in the meat product business. That is what can be said of OSI Group, a food processing company that has had the presence in the meat, pork, and chicken products market for over 109 years.
Otto Kolschowsky is adversely mentioned in connection to the group that is now referred to as OSI Group. He was among the earliest German immigrants who moved to Chicago, the U.S. As this small group of immigrants continued to grow in number, there was the need to put up shops in the areas they occupied. The community would get some vital services from the shops. It is during this period in 1909 that Otto Kolschowsky thought of opening a butcher shop in his neighborhood. Finally, after identifying the right place, he opened the Corner Butcher Shop. After some time, however, he realized that the demand for meat products increased.Otto invited his sons to take part in the business, which they immediately accepted.
Later, the family would supply meat products on wholesale to other small butcher shops that had opened at other locations in Chicago. Several years following the expansion of the Corner Butcher Shop, the family business transformed into Otto & Sons. This business then went through several strides in subsequent years including collaborating with McDonald Restaurants, a chain of high-end restaurants. In 1973, OSI Group, then using the name Otto & Sons, opened its first meat processing plant. From then on, this food processing company has grown to become of the biggest leaders in the market. Then in 1975, Otto & Sons changed its name to what the food processing company is called today, OSI Group. A recent public release from the company shows that OSI is now present in more than 17 countries with 65 facilities. The company has over 20, 000 workers who diligently serve tens of thousands of happy clients.
Born in a small village in India, Paul Mampilly was brought up by a single parent. His mother died when he was still a young boy of about 3 years old. Life was not a walk in the park but fortunately, Paul Mampilly had his father by his side. Paul Mampilly’s supportive father made sure that he and his siblings had something to put in their mouth and a comfortable roof under their heads. His father was not well off and the little that he provided meant a lot to them. Unfortunately, at the age of 20 years, his father died as well and left him an orphan. Follow Paul Mampilly on Stocktwits.com.
Despite the challenges faced by Paul Mamphilly at home, he still managed to perform better in school. He always remained focused and pushed hard towards his goals. Fortunately enough, his father managed to secure a job in the little-known city of Dubai then. It was a risk he took and it worked for him. The risk that his father took changed his life for good. Up until today, Paul Mampilly took the virtue of taking risks and hoping for the best from his late father.
He uses his story to encourage investors to always take the risk. He always says that for the past 25 years, most of the risks that he has taken have worked out well for him. His personal life has made him one of the biggest financial advisers that America has ever had, especially for those venturing into investment.
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Among his biggest investment of a lifetime was investing in Netflix. He made a whopping 634% in return. He has a massive following and this influenced the decision of choosing him to be their senior editor. His main task is the handling of money matters especially in technology and special opportunities. All the investors who gave heed to his advice have always come out smiling while going to the bank. Therefore, from his story, many investors have learned that where you come from does not define who you are. What you go through is a stepping stone towards success. Read more articles by Paul Mampilly at Banyan Hill.
Highland Capital Management (HCM) has again been proclaimed as a great place to work. This is the second time that the Dallas-based company has been honored with the Best Places to Work in Money Management award by the financial newspaper Pensions & Investments (P&I). The specific category for which the award was given covers businesses of this type that have at least 100 and fewer than 500 employees. Learn more about James Dondero at Affiliate Dork.
The recognition program that served as the basis for the award was conducted by P&I and Best Companies Group, a research organization. Approximately one-quarter of the review pertained to the operations of the company itself, including policies and business philosophy. The rest was comprised of a survey of employees, who were asked to evaluate the firm from their point of view. Employees expressed particular satisfaction with the company’s health insurance program, its daily meal service and the frequent events conducted for them. According to P&I editor Amy Resnick, the survey showed how important it is for a company to value its employees. James Dondero, the president of HCM, emphasized that the many benefits provided by his firm are designed to cut down on distractions and help employees concentrate on their work. Read more about James Dondero at Daily Forex Report.
Established in 1993, HCM is a global firm that deals in alternative investments. Its wide variety of investment categories includes hedge funds, distressed equity accounts and mutual funds. In conjunction with its related companies, HCM currently operates an investment portfolio of some $14 billion. Besides its headquarters in Texas, the company has offices in New York City and, extending outside of the United States, in Argentina, South Korea and Singapore.
Having graduated with honors from the University of Virginia, James Dondero began his career in the financial field as an analyst for the investment bank J.P. Morgan. He would later help create the firm GIC, eventually turning this affiliate of the Protective Life Corporation into a $2 billion company. Working with business associate Mark Okada, he established HCM in 1993.
In addition his business successes, James Dondero is known for his philanthropic activities, lending financial support to the causes of education, public policy and veterans affairs.
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