Friday, February 22, 2013

QualityStocks Adds Labor SMART, Inc. (LTNC) to Watchlist

Labor SMART provides a reliable, dependable, and flexible resource for on-demand personnel to small and large businesses. Their goal is to become a nationwide resource and partner for their clients. Currently, Labor SMART operates six branch locations in the Southeast U.S.

The company’s mission is to be the provider of choice to their growing community of customers, with a service-focused approach. Labor SMART provides labor, daily, for jobs in construction, manufacturing, hospitality, events, restoration, warehousing, retail, disaster relief and more. For longer term staffing needs, Labor SMART screens every employee to make sure the right person is placed in the right job. Businesses can fill out an online form on the company’s website to get a free pricing quote.

Labor SMART’s clients range from small businesses to Fortune 100 companies. The company’s current locations are in Nashville and Chattanooga, Tennessee; Augusta and Marietta, Georgia; Greenville, South Carolina; and Birmingham, Alabama. Labor SMART is one of the fastest growing temporary labor providers. Their staffing professionals help businesses meet immediate production deadlines, staff shortages, or short-notice temporary labor requirements.

Last month, Labor SMART announced that they generated revenues in excess of $7.1 million for 2012. In their first full year of operations, Labor SMART was successful in increasing their footprint into two additional states while expanding branch offices in early 2012. In 2011, they had set a revenue goal of $7 million for 2012, which was successfully achieved. This week, Labor SMART announced that they achieved Year-to-Date revenue of $1.15 million as of February 15, 2013.

The company expects that additional expansion branches will follow as they continue to execute their business model in working towards a national presence. Labor Smart, under the current model, anticipates expanding into three additional states while developing 12 more branches during 2013. They said this week that they identified three additional markets for potential branch locations. Those markets are Louisville, Kentucky; Kansas City, Missouri; and Columbia, South Carolina.

For more information, visit www.laborsmart.com

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