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GKN Aerospace, and TechTalent, Incorporated forge new partnership to manage use of contract labor staffing firms St. Louis, Missouri December 12, 2002 - TechTalent, Inc. and GKN Aerospace, today announced an agreement between the companies for TechTalent, Inc. to manage the procurement and administration of contract labor services for the F15-K project at GKN Aerospace operations headquartered in St. Louis, Missouri. The agreement will create a comprehensive program designed to manage the total acquisition process for contract labor services on the F15-K project for GKN Aerospace in St. Louis. Among the services TechTalent, Inc. will provide are selection of contract labor providers, negotiation of contracts and fees with contract labor providers, sourcing and engagement of contract labor, invoice processing, and development and application of performance metrics. The company will also provide human resource-related administration of the contract labor services including employee relations and benefits administration. The use of contract labor services has become a valuable staffing strategy. "We are excited about this new approach to managing our contract labor needs. We feel this unique alliance with TechTalent, Inc. will provide us with a best-in-class, diverse contract labor supply to augment our workforce and give us the resources we need to deliver quality products to the market on time," said Mike Hanrahan, contract services consultant to GKN Aerospace. In addition, the consolidation of our contract labor services on the F15K project will leverage our buying power in the marketplace and result in significant cost savings for GKN Aerospace and Boeing. "TechTalent, Inc is honored to be selected as the MSP provider on the F15-K project. We believe we will bring significant cost savings and greater efficiency, while improving the quality of service. In order to meet their business demands, companies such as GKN Aerospace are finding the use of contract labor services critical to their success. However, these companies are also finding that managing their use of contract labor services and the staffing firms that provide them can be time consuming and expensive. The partnership we have established with GKN Aerospace sets a new performance benchmark for the effective management of both contract labor services and staffing firms,'' said Jennifer Lenz, president of TechTalent, Inc. About GKN Aerospace About TechTalent, Inc |
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