ManpowerGroup Expands West and North Central China
ManpowerGroup Expands West and North Central China Presence by Acquiring Xi'an Fesco and Partnering with Henan Province Xi'an Fesco Acquisition and New Partnership with City of Kaifeng Provide ManpowerGroup Access to Millions of Workers
PRNewswire/ -- ManpowerGroup (NYSE: MAN), the world leader in innovative workforce solutions, continues to expand its solutions and services across China's booming inland region through the recent acquisition of Xi'an Fesco, a leading human resources provider in Shaanxi Province with over 10,000 associates. By acquiring Xi'an Fesco, ManpowerGroup becomes the dominant workforce solutions leader along China's manufacturing frontier, west of traditional coastal cities. ManpowerGroup is implementing a massive strategy for developing and aligning China's manufacturing workforce, as the country modernizes this sector and repositions it across new inland hubs.
ManpowerGroup also recently secured access to millions of workers in North Central China through a partnership with the City of Kaifeng in Henan Province helping sustain the extensive renovation of inland China. When combined with the company's established leadership in China, this strategy solidifies ManpowerGroup's position as the country's only provider of a full suite of innovative workforce solutions ranging from executive search and recruitment process outsourcing, to large volume recruitment and temporary staffing.
"ManpowerGroup is working with the right authorities and workforce experts in the right sub-markets to fulfill China's Five Year Plan for reshaping its industrial sector," said Darryl Green, ManpowerGroup President of Asia Pacific and Middle East. "Through our strong solutions and service network, we are positioned to efficiently manage challenges facing the transformation of China's industrial sector. Dynamic and rapid change in the China market is creating unprecedented opportunities for workers and fast-growing companies and ManpowerGroup is very excited to be a part of this epic shift."
China's infrastructure buildout is enabling the expansion of inland China. One of the largest engineering projects in human history, the buildout is being powered by the monumental Three River Gorges Dam project and includes a complete highway and rail system.
"Network building through acquisitions and partnerships are fundamental to implementing China's Five Year Plan and ManpowerGroup in China is honored to work with authorities in Henan and with our new associates in Shaanxi," said Danny Yuan, Managing Director of ManpowerGroup in China.
ManpowerGroup is building on its established leadership position in China as the largest workforce solutions provider in the country with a presence across 35 major cities and with growing solutions and services provided in more than 100 cities through a network of alliances and partners. In 2007, ManpowerGroup became the first foreign multinational corporation to obtain a temporary staffing business license in China. In addition, ManpowerGroup works closely with all levels of Chinese government to support policy changes affecting local manufacturers and their workers. Today, ManpowerGroup China's management team is comprised of local experts who are well-connected to market opportunities, skilled talent and the government and privately-owned companies. ManpowerGroup is now also positioned as China's only provider of a full suite of innovative workforce solutions, ranging from executive search and recruitment process outsourcing to large volume recruitment and temporary staffing.