General Physics Corporation Forms SkillRight, Inc.; New Subsidiary Addresses the Training and Technical Needs of Organizations with Represented Workforces.
ELKRIDGE, Md.--(BUSINESS WIRE)--June 4, 2003
General Physics Corporation (GP), a subsidiary of GP Strategies Corporation (NYSE:GPX), has formed a new subsidiary, SkillRight, Inc.
SkillRight's initial focus is on the represented workforce of the automotive industry, providing training analysis, design, development, implementation and evaluation services to automotive manufacturers, their distribution and service sectors and Tier 1 suppliers of parts and equipment.
SkillRight's personnel, represented by UAW-TOP, have extensive plant floor experience, and expertise in instructional technology and organizational design. GP's 18 years of experience in the automotive market and the understanding of the challenges organizations face to stay competitive, uniquely position SkillRight to provide training services that will assist UAW members in developing and maintaining world-class skills and knowledge.
Douglas Sharp, President of General Physics, states, "We have formed SkillRight with the intent of helping the manufacturing workforce obtain and keep the necessary proficiencies to maximize the productivity gains expected from the rapid changes in manufacturing technologies. SkillRight's competent and experienced team has the training expertise and technical knowledge to make SkillRight customers and their represented employees industry leaders."
John Bresnahan, who will continue as a GP vice president of operations for manufacturing services, will head the new subsidiary as president. SkillRight's offices are located in Sterling Heights, MI, and Merrillville and Carmel, IN.
SkillRight, Inc., is a subsidiary of General Physics Corporation, a subsidiary of GP Strategies Corporation (NYSE: GPX). SkillRight is a single-source supplier of training services and products, serving represented workers primarily in the automotive industry. SkillRight provides customized, as well as off the shelf solutions, to meet the needs of key automotive sectors including service, manufacturing, engineering, and quality. SkillRight's own workforce is represented by the UAW-TOP organization. Additional information about SkillRight, Inc. may be found at http://www.skillright.com/.
GP is the principal operating subsidiary of GP Strategies Corporation (NYSE: GPX). GP is a global provider of training, e-Learning solutions, management consulting and engineering services, improving the effectiveness of organizations by customizing solutions to meet the specific needs of clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. Additional information about GP may be found at www.gpworldwide.com.
The forward-looking statements contained herein reflect GP Strategies' management's current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of GP Strategies, including, but not limited to the risks and uncertainties detailed in GP Strategies' periodic reports and registration statements filed with the Securities and Exchange Commission.
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|Date:||Jun 4, 2003|
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