Career Horizons acquires The Richard Michael Group.WOODBURY Woodbury. 1 Residential city (1990 pop. 10,904), seat of Gloucester co., SW N.J., in the Philadelphia–Camden metropolitan area; settled 1683, inc. as a city 1871. It is a trade and service center, and petrochemical companies are nearby. , N.Y.--(BUSINESS WIRE)--April 30, 1996--Career Horizons, Inc. (NYSE NYSE See: New York Stock Exchange :CHZ CHZ Circumstellar Habitable Zone ) today announced the acquisition of The Richard Michael Group (RMG RMG Roularta Media Group RMG RiskMetrics Group, Inc. RMG Revenu Minimum Garanti (French: Guaranteed Minimum Income) RMG Risk Management Group RMG Ready Made Garment RMG Raw Materials Group (mining industry) ), a provider of both temporary staffing and permanent placement. With four offices in the Chicago area, RMG's combined sales for its most recent fiscal year were $7 million. Terms of the cash transaction were not disclosed. Richard Gaspari, President and Chief Executive Officer, will remain in his present position. Recognized by The Inc. 500 as one of the fastest growing privately-held companies in America and by Crain's Chicago Business as the third fastest growing temporary staffing firm in Chicago, RMG consists of three divisions: staffing services, permanent placement and Macsource. The Macsource division specializes in the staffing of Macintosh and Windows experts for graphic production and desktop publishing desktop publishing, system for producing printed materials that consists of a personal computer or computer workstation, a high-resolution printer (usually a laser printer), and a computer program that allows the user to select from a variety of type fonts and sizes, . "We are very pleased to add RMG to our family of staffing services companies," said Walter W. Macauley, President and Chief Executive Officer of Career Horizons. "Establishing a presence in the fast-growing Chicago area has been a priority for us. In addition, through its Macsource division, RMG brings a new dimension of supplemental staffing to Career Horizons. We plan to expand the desktop publishing platform to the other offices in our Horizon Staffing Services Group." In addition to general and supplemental staffing, Career Horizons serves two specialty markets: health care and information technology. It has 533 Company-owned, franchised and private label offices operating under recognized local and regional brand names in 43 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . CONTACT: Career Horizons, Inc. Michael T. Druckman, 516/682-1403 or Lundy Associates, Inc. Michael A. Lundy, 201/660-1100 |
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