Kelly Services Invests in Tempstaff Co. Ltd., Japan
18 Février 2005 - 5:15PM
PR Newswire (US)
Kelly Services Invests in Tempstaff Co. Ltd., Japan TROY, Mich.,
Feb. 18 /PRNewswire-FirstCall/ -- Kelly Services, Inc., a global
staffing provider, today announced it made an $18 million
investment in Tempstaff, the second largest staffing company in
Japan. This investment strengthens Kelly's strategic alliance with
Tempstaff and represents a less than five percent ownership
interest. (Logo:
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO ) "Our
alliance with Tempstaff has been extremely successful and enables
us to service our customers in a critical market," said Carl
Camden, president and chief operating officer, Kelly Services.
"This investment supports our international growth strategy as we
continue to explore acquisition and joint venture opportunities in
Japan." Tempstaff President Yoshiko Shinohara said, "We are
delighted to strengthen our strategic alliance with Kelly Services
and to enhance our ability to meet the global needs of our
customers." About Kelly Services Kelly Services, Inc.
(NASDAQ:KELYANASDAQ:KELYB) 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 serves 200,000 customers through 2,600
company owned and operated offices in 27 countries. Kelly provides
employment for nearly 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 2004 was $4.98 billion. Visit
http://www.kellyservices.com/ . About Tempstaff Co., Ltd. Under its
corporate philosophy "creating employment, assisting career
development, and contributing to society," Tokyo-based Tempstaff
provides complete human resources solutions, including temporary
staffing, full-time placement, temporary-to-full time placement,
outsourcing, outplacement and education/training. Tempstaff has
more than 100 branch offices in five countries, eight
professional/technical divisions, and a network of 22 subsidiaries.
Tempstaff also is focusing on human resources development in the
fields of information technology, health care, finance, research
and development, and employment for disabled persons. Sales for FYE
March 2004 were 172 billion Yen (approximately $1.6 billion U.S.).
Visit http://www.tempstaff.co.jp/
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO DATASOURCE:
Kelly Services, Inc. CONTACT: Analyst Contact: James Polehna,
Director, Investor Relations, +1-248-244-4586, , or Media Contact:
Renee Walker, Manager, Corporate Public Relations, +1-248-244-5362,
, both of Kelly Services, Inc. Web site:
http://www.kellyservices.com/ http://www.tempstaff.co.jp/
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