The CSI Companies Becomes a Part of Japan’s Largest Staffing Firm


Jacksonville-based CSI To Maintain Local Headquarters and Field Office Locations

JACKSONVILLE, FL (July 6, 2010)—CSI CEO Eric Stevens proudly announced today that the company became a part of the RECRUIT CO., LTD., group companies. The CSI Companies is one of the region’s largest and fastest growing staffing and consulting firms. This will be the first step for RECRUIT CO., LTD., to expand their operations in the U.S.

“This is an exciting day for our company and its employees in Jacksonville and throughout the country,” said Eric Stevens, CEO of The CSI Companies.  “The result of this partnership will enable CSI to continue to grow its capabilities not only throughout the US, but worldwide.”

The CSI Companies employs 60 people at its offices on Jacksonville’s Southside and more than 75 in office locations in Orlando, Ft. Lauderdale, Tampa, Charlotte, Nashville and Dallas.   The company offers specialized solutions in four divisions: Custom Staffing (administrative, clerical, customer service); CSI Search (finance and accounting, executive retained search); CSI Health (clinical and non-clinical healthcare professionals) and CSI Tech (IT staff augmentation, healthcare IT and offshoring).

RECRUIT CO., LTD., group is the market leader of staffing in Japan and have been engaged in the temporary staffing business through its subsidiaries, RECRUIT STAFFING CO., and STAFF SERVICE HOLDINGS CO. In the global staffing industry, the company is the 6th largest staffing firm in the world (See graph).

   
 Company Name2008 Sales (U.S. $millions)
1Adecco SA29,375
2Randstad Holding   NV25,274
3Manpower Inc.21,170
4USG People NV5,922
5Allegis Group5,740
6Recruit Co., Ltd.   (consolidated)5,658
7Kelly Services   Inc.5,517

(Source: Staffing Industry Analysts)

“Our project team contacted and analyzed more than 100 staffing firms throughout the country and it was clear that CSI’s strong current management team, existing client relationships and diversity of services exceeded all other firms we reviewed,” said Hitoshi Motohara, SVP of RECRUIT and new CSI Chairman.

Believing its expertise gained in the staffing business in Japan to be transferable to similar initiatives overseas, RECRUIT decided to enter a new partnership with The CSI Companies, Inc., and enter the temporary staffing market in the US.

About RECRUIT

Founded in 1963 and privately held, RECRUIT CO., LTD. is a leading provider of integrated human resource services.  RECRUIT is also involved in marketing and promotional services, providing information for consumers in forms of magazines, internet, and mobile media and is known as the most successful consumer insight oriented company in Japan.

Company nameRECRUIT CO., LTD.
RepresentativePresident and CEO Hitoshi Kashiwaki
AddressMarunouchi 1-9-2, Chiyoda-ku, Tokyo
EstablishedAugust 26, 1963
Paid-in capital3,002,640,000 yen
No. of employees5,929 (as of April 1, 2010)
Main businessIntegrated HR services; marketing services linking products and users   through information magazines/Internet/mobile terminals

CSI ON THE MOVE

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