TrueBlue, Inc. provides temporary blue-collar staffing services to various industries. The company, through its Labor Ready, Spartan Staffing, CLP, PlaneTechs, and Centerline service lines, connects approximately 375,000 people to work opportunities annually. It has a network of 757 branches in all 50 states, Puerto Rico, and Canada. The company also has customer on-site locations, which are dedicated to one customer, and national service centers that supply its customers with temporary workers. Operations The company operates as Labor Ready for general labor; Spartan Staffing for skilled manufacturing and logistics labor; CLP Resources for skilled trades for commercial, industrial, and energy construction, as well as building and plant maintenance; PlaneTechs for skilled mechanics and technicians to the aviation and transportation industries; and Centerline Drivers for temporary and dedicated drivers to the transportation and distribution industries. Customers The company’s customer mix consists primarily of small and medium-sized businesses serviced by one or more branch offices, customer on-site locations, and national service centers. It also serves larger regional and national customers. During 2013, the company served approximately 130,000 customers in industries, including construction, manufacturing, waste, wholesale, retail, transportation, aviation, hospitality, energy, and various others. Business Strategy The company’s business strategy includes organic growth through specialized sales and service; growth through acquisitions, which improve its organic growth and technology advances; and utilizing technology to improve the worker and customer experience and its efficiency. Seasonality The company’s business experiences seasonal fluctuations. Its quarterly operating results are affected by the seasonality of its customers’ businesses. Demand for its staffing services is higher during the second and third quarters of the year (year ending December 2013) and peaks in the third quarter. Demand is lower during the first and fourth quarters, in part due to limitations to outside work during the winter months. History The company was founded in 1985. It began its operations in 1989. The company was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in 2007.
trueblue inc (TBI:New York)
1015 A Street
Tacoma, WA 98402
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