First of all I have to ask why would we buy beef from China? That can’t be cost effective seeing as we have cows here! Personally I don’t eat fast food and this story insures the fact that I will not be eating at either of these 2 places even if I am starving lol!
(by Paul Ausick) — The Illinois-based firm, privately held OSI Group Inc., that supplied the questionable meat products to McDonald’s Corp. (NYSE: MCD) and KFC restaurants owned by Yum! Brands Inc. (NYSE: YUM) has been suspended from supplying further products to the two fast-food giants. For its part, OSI said it is “appalled” by the Chinese report. Like McDonald’s and KFC, OSI has apologized to its customers and said it takes full responsibility for the situation while promising swift action to fix it. KFC and McDonald’s have found other sources of supply, according to a report.
Chinese regulators have closed down a local meat supplier following a TV report that the company was mixing meat that had passed its expiration date with fresh meat and using other unsanitary practices. The supplier provided meat to both McDonald’s Corp. (NYSE: MCD) and Yum! Brands Inc.’s (NYSE: YUM) KFC restaurants. The two firms have issued an apology and said that they will stop using the supplier.
DEAN JAMES @ AMERICAS FREEDOM FIGHTERS
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