Kelly Services Increases Ownership Interest in Tempstaff Kelly
02 Ottobre 2006 - 10:42PM
PR Newswire (US)
Company expands presence in Japan and strengthens global footprint
TROY, Mich., Oct. 2 /PRNewswire-FirstCall/ -- Kelly Services, Inc.
(NASDAQ:KELYANASDAQ:KELYB), a global staffing provider, today
announced its purchase of the ownership share of Sony Corporation
in Tempstaff Kelly, a tri- party joint venture with Tempstaff, the
second largest staffing company in Japan, Sony Corporation and
Kelly Services. With the purchase of Sony Corporation's 40 percent
ownership share, Kelly will increase its ownership interest to 49
percent effective October 2, 2006. Financial terms of the agreement
were not disclosed. (Logo:
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO ) Tempstaff
Kelly, headquartered in Minato-ku, Tokyo, is the first ever tri-
party staffing services company in Japan. Launched in September
2005, Tempstaff Kelly provides general temporary employment,
recruitment, HR consulting and outsourcing services to the Sony
Corporation. "We're pleased with the progress of our joint venture
with Kelly Services and Sony during its first year of operation,"
said Yoshiko Shinohara, president of Tempstaff. "We welcome Kelly's
purchase and are confident that our joint venture will continue to
meet Sony's evolving human resource needs." The Japanese staffing
market is growing at an annual rate of 15 to 20 percent based on
the strong economy. In 2004, the Japanese staffing market reached
24.5 billion dollars. It is expected to reach nearly 43 billion
dollars in 2006 due to increasing demand by clients for flexible
workforce solutions, and for talent in specialized and credentialed
fields. "Kelly's joint venture with Sony Corporation and Tempstaff
has performed exceedingly well. We look forward to continuing our
relationship with Sony and to providing staffing solutions to
support their needs," said Carl Camden, president and chief
executive officer of Kelly Services. "Strengthening Kelly's global
presence and footprint in key Asia Pacific markets remains a
central component of our strategic growth plan." About Kelly
Services Kelly Services, Inc. is a Fortune 500 company
headquartered in Troy, Mich., offering staffing solutions that
include temporary staffing services, staff leasing, outsourcing,
vendor on-site and full-time placement. Kelly operates in 30
countries and territories. Kelly provides employment to more than
700,000 employees annually, with skills including office services,
accounting, engineering, information technology, law, science,
marketing, light industrial, education, health care and home care.
Revenue in 2005 was $5.3 billion. Visit
http://www.kellyservices.com/ .
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO DATASOURCE:
Kelly Services, Inc. CONTACT: Analyst Contact: James Polehna,
+1-248-244-4586, , Media Contact: Renee Walker, +1-248-244-5362, ,
both of Kelly Services, Inc. Web site:
http://www.kellyservices.com/
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