Profile: GP Strategies Corp (GPX)
15 Jul 2019
GP Strategies Corporation, incorporated on March 11, 1959, is a global performance improvement solutions provider of training, e-Learning solutions, management consulting and engineering services. The Company is an independent provider of customized training solutions focused on performance improvement initiatives for its clients. As of December 31, 2016, the Company operated through four business segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, and Performance Readiness Solutions. The Learning Solutions segment delivers training, curriculum design and development, e-Learning services, system hosting, training business process outsourcing and consulting services globally. The Professional & Technical Services segment provides training, consulting, engineering and technical services, including lean consulting, emergency preparedness, safety and regulatory compliance, chemical demilitarization and environmental services primarily to companies in the manufacturing, steel, pharmaceutical energy and petrochemical industries; federal and state government agencies, and government contractors. The Sandy Training & Marketing segment provides custom product sales training. The Performance Readiness Solutions segment provides performance consulting and technology consulting services, including platform adoption, end user training, change management, knowledge management, customer product training outsourcing, training content development and sales enablement solutions.
The Company serves companies in the automotive, financial services and insurance, steel, oil and gas, power, chemical, electronics and technology, manufacturing, software, retail, healthcare, education, and food and beverage industries, as well as government agencies. The Learning Solutions segment serves companies in the electronics and semiconductors, healthcare, software, financial services and other industries, as well as government agencies. The Company's EtaPRO Performance and Condition Monitoring System provides a suite of real-time software solutions for power generation facilities and is installed on power-generating units across the world. The Professional & Technical Services segment also provides Web-based training through its GPiLEARN portal, which offers a range of courses to power plant personnel in the United States and other countries. The Professional & Technical Services segment also provides services to users of alternative fuels, including designing and constructing liquefied natural gas (LNG), liquid to compressed natural gas (LCNG) and hydrogen fueling stations, as well as supplying equipment.
The Sandy Training & Marketing segment provides custom product sales training designed to educate customer sales forces with respect to new vehicle features and designs. The Sandy Training & Marketing segment also provides technical training services to automotive manufacturers, as well as customers in other industries. The Performance Readiness Solutions segment offers organization performance solutions, including leadership development training, and employee engagement tools and services. The Performance Readiness Solutions segment serves various industries, such as manufacturing, aerospace, healthcare, life sciences, consumer products, financial, telecommunications and higher education, as well as government agencies.
The Company's training offerings include content and curriculum development, e-Learning, learning and training outsourcing, and documentation development. The Company's consulting services include Lean enterprise, engineering, information technology, customer loyalty, performance readiness, homeland security and emergency management, and maintenance and reliability. The Company's engineering and technical services include power plant performance, alternative fueling station design and engineering, technical support and environmental services. The Company performs under fixed price (including fixed-fee per transaction), time-and-materials and cost-reimbursable contracts.
GP Strategies Corp
70 Corporate Center
11000 Broken Land Parkway, Suite
COLUMBIA MD 21044