DETROIT – Strategic Staffing Solutions (S3), the Detroit-based global information, technology and business services company, reported today earning more than $168 million in revenue for 2009, marking its 20th consecutive year of growth.
“In 2009 we focused our energy on growth and possibility, where others measured their year in controlling loss,” said Cynthia J. Pasky, S3 president and CEO. “We are coming out of the gate strong in 2010. This is how we continue to set our company up for success year after year.”
S3 executed several strategic decisions in 2009 that were revenue generating and established a foundation for future growth. The company expanded a call center and created an IT development center to service two of its largest customers in Detroit. These new endeavors are helping the customers streamline their operations and keep hundreds of jobs in Michigan. In addition to the sales generated from these initiatives, they also have expanded S3’s ability to sell the solutions to other customers, internationally.
Last year in England, the company began a venture with The Gibbs Partnership to increase its strength in the British Isles. The Gibbs-S3 Partnership earned $3 million in sales in its first year of operations. Additionally, S3 International, the company’s European operation based in Lithuania, expanded the areas in which it serves to include the Czech Republic, Denmark, Poland, Russia, Slovakia and Sweden as well as Estonia and Latvia.
“In 2009, we focused on our current customers and how we could help them navigate through hard decisions in our recessed global economy,” Pasky said. “This resulted in solutions that not only addressed our customers’ needs, but were also profitable for S3. It is especially gratifying this year, in this economy, and in our 20th year of business, to still post annual revenue growth.”
S3 services a variety of industries with the financial services sector accounting for more than half of company’s annual revenue in 2009. Energy, Health care and insurance, and government industries also supply high grossing customers.
In 2009, S3 received several prominent accolades including recognition as one of the 101 Best and Brightest Companies to Work For by Corp! Magazine, 28th in the Top 500 U.S. Women Owned Business by Diversitybusiness.com, and the 8th Largest Diversity Staffing Firm in the US by Staffing Industry Analyst. Executive team members were also individually recognized; Pasky was named Enterprising Women of the Year by Women Impacting Public Policy and CEO of the Year by Automation Alley, Chief Financial Officer Paul Huxley was named CFO of the Year by Crain’s Detroit Business, and Executive Vice President Denise Kurowski was named Intrapenuer of the Year by Crain’s Detroit Business.