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We will report any such breach to the relevant law enforcement authorities and cooperate with those authorities by disclosing your identity to them. Prepaid expenses and other current assets, Current portion of operating lease liabilities, Long-term portion of operating lease liabilities, Total liabilities and stockholders equity. GP Strategies took a huge charge in 2000 because of the problems with the learning technologies group and posted a loss of $34.3 million for the year. No changes to these Terms of Use shall be valid except where they have been agreed to by us and confirmed in writing. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting, and business improvement services, customized to meet the specific needs of its clients. In 1960 it went public. Their idea originated in 1958 after Feldman and Pollak heard about a new resin plasticizer developed and put on hold by a company unsure about the product's marketability. The new company would include the optical plastics business of MXL and its subsidiaries, plus Five Star and some other assets. Author: workiva.com Created Date: We use words such as expect, intend, believe, may, will, should, could, anticipates, and similar expressions to identify forward-looking statements, but their absence does not mean a statement is not forward-looking. There was no mention here of new or developing technology. In September 2005, GP Strategies completed the spin-off of all of its non-core assets with the spin-off of its ownership in GSE Systems. It is important to remember that by using the Site and any of the products, services or other sites available via the Site, you agree to be bound by and act in accordance with these terms and conditions (Terms of Use) without limitations or qualifications. (Employees figure is modelled). In November 2004, GP Strategies spun off its non-core assets into a separate corporation which was named National Patent Development Corporation. In 1995, the product still represented the only FDA-approved drug based on a natural source for the treatment of certain types of genital warts. GP STRATEGIES CORPORATION AND SUBSIDIARIES Chairman of the Board and Chief Executive Officer President and Chief Financial Officer Vice President and General Counsel Corporate Secretary Director of Taxes Assistant Treasurer OPERATING COMPANIES Five Star Products, Inc. 903 Murray Road E. Hanover, NJ 07936 General Physics Corporation 6095 . GP Strategies Operating Subsidiary Awarded Contract with Colorado Springs Utilities to Provide Customized Training Services, Transparency in Coverage MRFs United Healthcare, The Modern Slavery Act Disclosure Statement. GP Strategies insights Based on 92 survey responses What people like Time and location flexibility Areas for improvement Sense of belonging Overall satisfaction Fair pay for job Great Product Trainer (Former Employee) - Minneapolis, MN - October 12, 2022 Great team who cares about others success. 1 on Form 10-K/A (the "Amendment") amends our annual report on Form 10-K for the year ended December 31, 2020, originally filed on March 12, 2021 (the "Original . GP Strategies and GP Strategies with logo design are registered trademarks of GP Strategies Corporation. Although the partners found a major cosmetics manufacturer, problems arose when each company told them to get their fee from the other. Most promising of all was a reactive chemical that showed potential for dissolving tooth decay, thus replacing drilling. Our full details, together with contact information are set out below. As consumers, we often take for granted all the hard work that goes into building a great company. We may make changes to the Materials contained on the Site at any time without notice. Through the mid-1990s, Five Star remained the largest distributor in the United States of paint products and accessories, caulking compounds, and other items, despite intense competition from considerably larger hardware franchises, including Servistar and True Value. During these times, you may not be able to access the Site or the Site may be slower than normal. GP Strategies' other principal operating unit is the wholly owned subsidiary MXL Industries, Inc. MXL specializes in the manufacture of specialized molded and coated plastic goods, including optical products, shields, and face masks. By purchasing the spinning technology and the rights to make and market Hema, NPD found its first important product. General Physics would continue to focus on business and information training and technology. GP STRATEGIES CORPORATION AND SUBSIDIARIES. We believe that this non-GAAP financial measure, which excludes the gain on change in fair value of acquisition-related contingent consideration and other special charges, when considered together with our U.S. GAAP financial results, provides management and investors with an additional understanding of our business operating results, including underlying trends. Production problems stemming from inefficiencies in extracting interferon from leukocytes, or white blood cells, were helped by the company's Czech connection. Clients include Fortune 500 companies, automotive, financial services, technology, and other commercial and government customers. Jim has 14 jobs listed on their profile. Elkridge, MD, December 4, 2009 - GP Strategies Corporation (NYSE: GPX), announced that its principal operating subsidiary, global performance improvement solutions provider General Physics Corporation, has acquired Option Six, Inc., a provider of custom courseware development with expertise in the software and pharmaceutical industries. Nine months ended September 30, September 30, 2012 2011 2012 2011 Net income (4) $ 6,183 $ 4,619 $ 16,551 $ 11,920 Interest expense 75 51 175 149 In the UK, GP Strategies Training Limited provides vocational . Adjusted earnings before interest, income taxes, depreciation and amortization (Adjusted EBITDA)is a widely used non-GAAP financial measure of operating performance. The scope will supplement the internal University of Springs Utilities capability. GP Strategies Corporation chemical demilitarization domestic preparedness engineering services ITservices training services logistics support environmental services . Its principal operating subsidiaries are the General Physics Corporation and MXL Industries. For the fourth quarter of 2020, the company incurred severance expense of $1.9 million which is reflected in cost of revenue on the consolidated statement of operations. Using their Kremlin link, NPD made inquiries in other communist bloc countries. In October 2021, an indirect subsidiary of NEP acquired from subsidiaries of NEER ownership interests (October 2021 acquisition) in a portfolio of wind and solar generation facilities with a combined net generating capacity totaling approximately 589 MW located in various states across the U.S. General Physics continued to grow by acquisition, buying up a Seattle, Washington, management consulting firm, Deltapoint, in 1998. Pour les lignes non reprises ci-dessous, retrouvez les fiches horaires valables du lundi 24 octobre au vendredi 04 novembre 2022 en cliquant ICI. GP Strategies Corporation was founded in 1959 as a venture capital firm focusing on technology companies. The sale was effective January 1, 2020. We see them around but we don't know what goes on behind the scenes. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific. GP Strategies trades on the New York Stock Exchange as GPX. Pollak had better luck with American Hydron, NPD's contact lens subsidiary. ISI would alter individual yeast cells for use by Anheuser to produce billions of offspring. He also recruited a Russian professor to train company chemists in the production of interferons, a group of proteins produced by the body's immune system to help combat disease. View Jim Dullinger, CPA, MBA'S profile on LinkedIn, the world's largest professional community. The decline in operating income is primarily due to the gain on sale from the Companys Tuition Reimbursement Business that closed in the fourth quarter of 2019 being $7.1 million greater than the gain on sale from the Companys IC Axon Business that closed in the fourth quarter of 2020, a gross profit decrease of $0.2 million, or 1.0%, partially offset by a $4.1 million decrease in general and administrative expenses. The Services Group provided consulting, engineering, and training services, as well as technical personnel, assistance with nuclear power outages and operations, and Department of Energy environmental restoration projects. By breaching the above provisions, you would commit a criminal offense under applicable law. Because of the open nature of the Internet, we recommend that you not submit information that you consider confidential. This website uses cookies to provide you with an improved and personalized experience. GP Strategies was a holding company, consisting solely of its wholly owned operating subsidiary, General Physics. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. Headquarters Address [en] 11000 Broken Land Parkway. Access to the Site is permitted on a temporary basis and we reserve the right to terminate or make modifications to any Materials or services that we provide through the Site (or any part thereof) without notice. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific needs of its clients. GP STRATEGIES CORPORATION. GP Strategies Corporation, formerly National Patent Development Corporation (NPD), is primarily a holding company, a legal entity separate and distinct from its various operating subsidiaries. ISI, a biopharmaceutical company, continued to be involved principally in the production and sale of Alferon N Injections. The company also had investments in Hydro Med Sciences (HMS), a health care business, and GTS Duratek, Inc., an environmental technology firm, as well as continuing investments in ISI. A failure or delay by us in enforcing compliance with these Terms of Use shall not be a waiver of that or any other provision of these Terms of Use. The webcast will be archived on the Investors section of GP Strategies website and will remain available for 90 days. Learn how and when to remove this template message, reliable, independent, third-party sources, https://www.gpstrategies.com/get-to-know/leadership/, https://www.gpstrategies.com/get-to-know/overview/, http://investors.gpstrategies.com/common/pdf/investors/yearInReview2014.pdf?elqTrackId=31BB43B2F68CB7EA00949660453997D1&elq=685270134d8e4033867e29da498c139b&elqCampaignId=&elqaid=944&elqat=1, http://secfilings.nasdaq.com/edgar_conv_html%2f2015%2f02%2f24%2f0000070415-15-000011.html#FIS_BUSINESS, "NYSE, New York Stock Exchange > Listings > Listings Directory GP Strategies Corporation", "Elkridge company moving to downtown Columbia", http://investors.gpstrategies.com/hist.aspx, "LTG Acquires Transformation Firm GP Strategies", https://en.wikipedia.org/w/index.php?title=GP_Strategies_Corporation&oldid=1119646382, All articles with bare URLs for citations, Articles with bare URLs for citations from September 2022, Articles with PDF format bare URLs for citations, Articles with bare URLs for citations from August 2022, Articles with bare URLs for citations from June 2022, Articles covered by WikiProject Wikify from June 2022, All articles covered by WikiProject Wikify, Articles lacking reliable references from December 2020, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 2 November 2022, at 17:40. Unauthorized copying, distribution, modification, public display, or public performance of copyrighted works is an infringement of the copyright holders rights. This development project is designed to significantly enhance their existing Skill Acquisition and Maintenance Program (SAMP) that is used to qualify and progress employees in their respective careers. GP Strategies also has significant investments in several companies in diverse industries. By 1987, American Hydron was producing contact lenses using three distinct methods--lathing, cast molding, and spincasting, each having its own production and marketing advantages. Global performance improvement solutions provider General Physics Corporation , the operating subsidiary of GP Strategies Corporation , announced today that it has entered. GP Strategies Apprenticeships | 1,911 followers on LinkedIn. Occasionally, we may need to maintain the software and other equipment that runs the Site. The employment of outside professional firms or individuals to act as agents for the MXL sells its products in countries around the globe and is known for its proprietary anti-scratch and anti-fog coatings. If you are found at any time to be in breach of these Terms of Use, your right to use the Site will cease immediately and you must, at our option, return or destroy copies of any Materials you have made. Charles Allen, a world-class dealmaker and founder of Allen & Co., also figured prominently in the company's survival. Business leaders need to take a systemic view of those. GP STRATEGIES CORPORATION AND SUBSIDIARIES Non-GAAP Reconciliation -EBITDA (1) (Dollars in thousands) (Unaudited) Three months ended March 31, 2014 2013 Net income $ 4,317 $ 4,925 Interest expense 205 100 Income tax expense 2,810 2,543 Depreciation and amortization 2,408 1,958 The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Wrttemberg, Germany.It is one of the world's leading car manufacturers. For instance, two of National Patent's earliest products, surgical staples and soft contact lenses, had very different fortunes. Feldman found the compound at Tufts University, bought the patent rights, and offered the product to Warner-Lambert, which anticipated a use for the product as a plaque-removal agent in mouthwash. The company will deliver training, consulting and business improvement services, customized to the needs of each client. If you have any queries in connection with these Terms of Use, or if you should feel the need to address a complaint to us in connection with the Site or the provision of any services provided by us to you, please send the same to our address for correspondence set out below. We will not be liable if for any reason the Site (or any part thereof) is unavailable at any time or for any period. Accordingly, we disclaim all liability and responsibility arising from any reliance placed on such Materials by any visitor to the Site, or by anyone who may be informed of any of its contents to the extent permitted by applicable law. It is presented as supplemental information that the Company believes is useful to investors to evaluate its results because it excludes certain items that are not directly related to the Companys core operating performance. This website uses cookies to provide you with an improved and personalized experience. In no event will we be liable to any party for any direct, indirect, incidental, special, exemplary, consequential, or other damages (including, but not limited to, lost profits, business interruption, loss of programs or data) without regard to the form of action and whether in contract, tort, negligence,strict liability, or otherwise, arising out of or in connection with the Site, any Materials on or accessed through the Site or any site or service linked thereto, or any copying, displaying, or use thereof. It also has investments in Valera Pharmaceuticals, involved in cancer drug development, and Five Star Products, Inc., which makes home improvement and decorating items. By 1987, NPD essentially operated through various subsidiaries and affiliates as a manufacturer and distributor of a wide array of products and services. Established in 1979 as International Hydron Corporation to manufacture and sell contact lenses in the United States, the subsidiary produced its first earnings in 1982. Scott N. Greenberg In the West, contact lenses were still produced of hard plastic. General Physics specializes in management consulting, or performance improvement, offering training, consulting, and technical services to companies in various manufacturing fields, to government agencies, and to utilities. This new name emphasized the importance to the parent company of its General Physics subsidiary. Non-GAAP Reconciliation Adjusted EBITDA (3), Gain on change in fair value of contingent consideration, net, Foreign currency transaction (gains) losses, Legal acquisition/divestiture and transaction costs, Impairment of operating lease right-of-use asset, Loss on settlement with foreign oil & gas client.

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