The fertile land of Lowa is the birthplace of a unique gem in the entrepreneurship world. The name gem is an indication of a very hard working individual who is committed to his company’s growth. David McDonald is the Chief Operating Officer and the President of OSI Group. He is the brain behind the success and growth of a company that is controlling more than 20,000 employees globally.
When he was young growing in the valleys of Lowa, David developed an interest in Agriculture because of the years of experience he had while working at their family’s farms. His parents were not as wealthy as they wanted to be but they were David’s most significant mentors. They ensured he gets a good education which would enable him to move around the world seeking better opportunities to work. He joined the prestigious Lowa University in 1987 where he pursued a bachelors degree in Animal Science.
After his studies, David McDonald relocated to Chicago where he joined the OSI Group in 1991. Through his hard work and commitment, he was able to rise through various ranks of leadership. Today, he occupies the office of the President and the Chief Operating Officer. The Lowa graduate is now serving and managing more than 20,000 staff and hundreds of thousands of clients in 17 countries. Due to his leadership skills, he has achieved to receive an award which was honored by Wallace E. Barron because of his outstanding achievements.
OSI Group also happens to be among the world’s leading suppliers of value-added proteins like pizza, sausage links, beef patties, and even sandwiches. The company has currently 80 facilities that are distributed across the world. China alone leads with eight facilities, and he is now working towards making OSI Group China’s largest poultry products producer. That is why the company has created a venture with DOYOO Group and subsequently launching a mega plant in Henan province.
The company under the leadership of David McDonald has been able to generate a lot of profits from their activities and has been able to successfully expand their Beef Processing Factory in 2012 so that they could manage to meet the rising demand. In India, they have also managed to build a state of the art food miller in Shandong. Their annual capacity snow estimated to be 600,000 metric tons. They also have other mega projects in Hungary and Geneva as well.
Brightline recently announced its new passenger train that will serve the Miami-Fort Lauderdale route. This announcement was not only good for the Florida based company, but also the Fortress Investment Group. This is because they own Brightline and had been counting on its success as part of their transport infrastructure investment. The new trains that are American built will take 35 mins and charge ten dollars for a one-way ticket. This will offer commuters reduced travel time will significantly cut down on the cost of travel. The company has been determined to expand its presence in the Miami area given its success on other routes within it.
The Fortress Investment group, their parent company, was established in 1998 by three partners. They were determined to build an investment vehicle that they would use to generate and grow wealth in the best way they knew how. Given their backgrounds in finance and private equity, it is easy to see why they chose this route. Within the first five years, they had managed to grow the resources within the group sixfold. This was 2002, and they quickly realized that with the existing investment opportunities they needed a credit division that would serve as their investment vehicle in this area as well as the valuation and validation of investments before they were made.
Wes Edens, one of the three founders, had a unique investment style. He was known for finding undervalued or distressed assets and investing in the same. This was one of the reasons they needed another strong partner who they found in Peter Briger. He had a solid background in the management of distressed assets. He was, in fact, an advisor at the International Finance Corporation on the same. He would work together with Edens to secure these investments and ensure that the Fortress Investment Group only got the best deals.
In 2017 Soft Bank the Tokyo based investment bank came calling. The Bank was willing to offer a forty percent premier per share and acquire The Fortress Investment Group for 3.3 billion. This offer was submitted to the group’s shareholders for approval. The approval was granted mid last year, and Soft Bank was free to release the cash. The acquisition by Soft Bank is expected to make the group stronger given their financial might something that the founding partners and principals are excited about. The group is now entirely private and no longer listed on the NYSE.
Wes Edens has always had a passion for business and sports, his newest transaction combines both of these. Earlier this year, Wes Edens purchased the Aston Villa Soccer Club alongside the wealthiest citizen of Egypt, Nassef Sawiris. As the majority owners of the team, the 2 own around a 55% stake in the company. The sale of the Aston Villa Football Club has been approved by the English Football League.
Nassef and Wes Edens actually own the company that owns the stake of the football team called NSWE. When NSWE bought the 55% stake of the Aston Villa Club, they purchased it for approximately $39 million. The previous majority owner of the team has been named the co-chairman and will still play a large role in the team. Tony Xia, a Chinese entrepreneur, initially purchased the Aston Villa Football Club in 2016.
Wes Edens and Nassef are planning on helping the Aston Villa Soccer Club make a return to the Premier League. Aston Villa was part of the Premier League for 29 years until they dropped out. Because of this, they lost a large amount of revenue. It looks like the Football Club has a bright future ahead of them under their new majority shareholders.
The 2 investors have big plans for the team to help them reach the potential that they know they have. Every aspect of the team will be analyzed to see if there is room for improvement including their players, training methods, practices, and management. In addition, there will be a search for additional members of the team.
Wes Edens is the co-founder of the innovative Fortress Investment Group. The company has 2 other principals besides Edens including Peter Briger and Randal Nardone. Fortress Investment Group has a few core areas in which they have a considerable amount of expertise including operations management, capital markets, and asset-based investing.
They are considered a specialist in capital markets and have a lot of experience in using equity and debt in order to raise funds. The co-founders of the company already had a plethora of experience when it came to the financial industry. This experience is a large part of what has made the Fortress Investment Group the strong company that it is today.
The special meeting of governors of the Inter-American Development Bank which took place over a month ago, discussed private to private investments increasing within the projects for infrastructure in Brazil was discussed. Mr. Montoro wanted to make sure that the importance of having a guaranteed financial success within capable mechanisms. Visit on his twitter account for more updates.
Secretary of state for economy and business support of Spain went over the many dynamic aspects of the spanish market for that specific region and made Brazil as one of the top priority nation for the investment of the Spanish, per Felipe Montoro Jens.
These countries need new investments and also the support of the IDB. For the industry 4.0 revolution this is necessary to face. This is all according to minister Oliveira. These countries need new investments and also the support of the IDB. For the industry 4.0 revolution this is necessary to face. This is all according to minister Oliveira. Oliveira states that “the challenge that was to build roads and sanitation to provide water now, at the same time, we must also invest in a more modern infrastructure to promote the fourth industrial revolution”.
Throughout the new projects being proposed they would need this financial support, most importantly because they would need the convergence of infrastructure as well as better trade between countries. He’s been vestments are vital for the stability of the regions. To be able to overcome all the different obstacles that these countries face they would need these social demands met and reinforce policies. Additionally there would be an environmental sustainability so that these projects can be properly executed.