TrueBlue, Inc. provides specialized workforce solutions, helping clients improve growth and performance by providing staffing, recruitment process outsourcing (RPO), and managed service provider solutions. Segments The company’s segments include Staffing Services and Managed Services. Staffing Services Staffing Services provides a range of blue-collar staffing services, including general labor, light industrial, skilled trades, aviation and transportation mechanics and technicians, and drivers. The acquisition of Staffing Solutions Holdings, Inc. (Seaton) expanded the company’s service offerings to include Staff Management | SMX (Staff Management), which provides technology-enabled on-premise contingent staffing and management of a facility's contingent workforce. The company services various industries, including construction, manufacturing, transportation, aviation, waste, hospitality, retail, energy, and many more. It has a network of 692 branches across all 50 states, Puerto Rico, and Canada, plus 162 on-premise locations at customer's facilities. The company uses distinct brands to market its specialized blue-collar staffing services, operating as Labor Ready for on-demand 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 for the aviation and transportation industries, Centerline Drivers for temporary and dedicated drivers for the transportation and distribution industries, and newly acquired the Staff Management for on-premise temporary staffing and management of a facility's contingent workforce for manufacturing, assembly, and logistics. The company’s Staffing Services operations are all in the blue-collar staffing market of the temporary staffing industry. All of its service lines provide blue-collar temporary labor services to its customers; build a temporary workforce through recruiting, screening, and on-boarding through a network of local branch locations, customer on-premise locations, and national service centers; assign temporary workers to customers' work sites where they ultimately work under the supervision of its customers; drive profitability by managing the bill rates to its customers and the pay rates to its temporary workers; utilize centralized support services to service its customers; and use technology to improve its ability to recruit quality workers, match workers to the needs of its customers, manage its contingent workforce, and meet its customers' needs to improve productivity. Managed Services Managed Services includes the company’s newly acquired PeopleScout and Australia-based hrX service lines, together with the managed services provider (MSP) portion of the Staff Management service line, which were acquired effective June 30, 2014 as part of the Seaton acquisition. PeopleScout and hrX provide RPO solutions. The company’s RPO services are delivered through its highly centralized operations in Chicago, Illinois for PeopleScout and Sydney, Australia for hrX with support from on-site and virtual employee teams. In 2014, PeopleScout and hrX placed approximately 250,000 individuals into permanent jobs at 70 customers. Managed Services also includes the company’s newly acquired MSP solution. MSP solutions manage its customer's overall contingent labor program including vendor selection, vendor performance management, vendor compliance monitoring and risk management, and reducing vendor costs. As the customer's exclusive MSP solution provider, the company manages multiple workforce vendors utilizing vendor management systems. Business Strategy The company’s business strategy includes organic growth of its specialized workforce solutions; growth through expansion into complimentary workforce services; leverage technology to improve the temporary worker and customer experience and its efficiency; and growth through acquisitions which enhance its organic growth and technology advances. Customers The company’s customers range from small and medium-sized businesses to Fortune 100 customers. During 2014, it served approximately 135,000 customers in industries including construction, manufacturing, waste, wholesale, retail, transportation, aviation, hospitality, energy and many more. Seasonality The company’s business experiences seasonal fluctuations for staffing services. Demand is lower during the first and second quarters (year ended December 26, 2014), in part due to limitations to outside work during the winter months and slowdown in manufacturing and logistics after the holiday season. Demand for contingent labor peaks during the third quarter for outdoor work and the fourth quarter for manufacturing and logistics for the holiday season. 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 Consolidated)
1015 A Street
Tacoma, WA 98402
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