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OSM Again Named One of the Largest Privately Held Chicagoland Companies For 2021
April 22, 2021 GMT
CHICAGO (BUSINESS WIRE) Apr 22, 2021
OSM Worldwide, a leading provider of domestic and international ecommerce shipping solutions, has again been recognized by Crain’s Chicago Business as one of the largest privately owned companies in Chicago metro.
“We are excited and honored to have earned a spot on this prestigious list once again,” says Gaston Curk, CEO and co-founder, OSM Worldwide. “This achievement further cements our ongoing commitment to providing best-in-class service and industry-leading shipping solutions for our customers and meeting any evolving needs.”
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Yes, 2020 was a tough year for many businesses on our annual list ranking Chicago’s Largest Privately Held Companies.
But when you look at all 366 companies on the print version of the list, the picture doesn’t look so bad.
Combined revenue for the entire list actually grew by 4.1 percent in 2020. Granted, local employment at those companies fell by 1.1 percent, and worldwide employment dropped 2.3 percent. (Those figures exclude a few companies for whom we don’t have two years of consistent data.)
Companies in the top 25 faired particularly well in terms of revenue. Only six saw revenue decreases.
The perennial No. 1 company on the list, State Farm Mutual Automobile Insurance Co., was roughly flat, reporting a 0.62 percent revenue decline, but the next two companies showed much more volatility: Insurer Health Care Service Corp. posted a 21.8 percent gain, cementing its place in the No. 2 spot, while food and beverage distributor Reyes Holdings saw a 17.6 percent�