TrueBlue Acquires MDT Personnel, Continues to Look for Additional Acquisitions

  TrueBlue Acquires MDT Personnel, Continues to Look for Additional
  Acquisitions

Business Wire

TACOMA, Wash. -- February 6, 2013

TrueBlue, Inc. (NYSE:TBI), the leading provider of blue-collar staffing,
announced today that it has acquired MDT Personnel, a temporary staffing
provider with 105 branches and 15 on-site locations across 25 states.

MDT is the third-largest general labor staffing firm in the U.S. and supplies
blue-collar labor to industries similar to those served by TrueBlue, including
construction, event staffing, disaster recovery, hospitality, and
manufacturing. TrueBlue will expand the size of its general labor business by
integrating MDT’s operations with those of Labor Ready.

“Of the many potential acquisitions we’ve considered, MDT stood out as a
high-quality company with an industry-experienced sales team, diversified
customer base, and results-oriented culture similar to our own,” said TrueBlue
CEO Steve Cooper. “I’m excited to bring our talented teams together so that we
can create even more growth by addressing the needs of our combined customers.
We also look forward to attracting new customers through the additional
expertise and reach we now offer with this addition to our company.”

“We’re very proud of what we accomplished at MDT and that we had built a
company that caught TrueBlue’s eye,” said Mike Traina, MDT CEO. “TrueBlue has
the resources necessary to build on the strategies we’ve used to deliver
quality service to customers, and these customers will now have access to the
full spectrum of services provided by TrueBlue. Joining the team, as our field
employees have all been invited to do, also opens the door to more career
opportunities for our people.”

Cooper added that the decision to acquire MDT’s operations reflects the
company’s strong balance sheet, its intention to continue to grow through
strategic acquisitions, and its overall optimism about growth in the staffing
industry. “We have more room to grow and will continue to pursue both organic
growth and acquisitions,” Cooper said.

About TrueBlue

TrueBlue, Inc. is a leading provider of blue-collar staffing. In 2012,
TrueBlue connected approximately 350,000 people to work through the following
brands: Labor Ready, Spartan Staffing, CLP Resources, PlaneTechs, and
Centerline, and served approximately 140,000 businesses in the retail,
service, wholesale, manufacturing, transportation, aviation, and construction
industries. TrueBlue, Inc. is headquartered in Tacoma, Wash. For more
information, visit TrueBlue’s website at www.trueblue.com.

Contact:

TrueBlue, Inc.
Derrek Gafford, 253-680-8214
EVP & CFO
or
Stacey Burke, 253-680-8291
VP of Corporate Communications
 
Press spacebar to pause and continue. Press esc to stop.