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Company Description

Contact Info

1015 A Street

Tacoma, WA 98402

United States

Phone: 253-383-9101


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 operates through two segments, 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, as well as on-premise staffing and management of a facility's contingent blue-collar workforce. Through its Staffing Services, the company connects approximately 500,000 people with work each year. It services a range of industries that include construction, energy, manufacturing, warehousing, distribution, waste, wholesale, retail, transportation, aviation, hospitality, and many more. It has a network of 698 branches across all 50 states, Puerto Rico, and Canada, as well as 206 on-premise locations at customers' 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, assembly, 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 Staff Management | SMX for on-premise staffing and management of a facility's contingent workforce for manufacturing, assembly, and logistics. In 2015, the company expanded its on-premise staffing and RPO capabilities with acquisition of SIMOS Insourcing Solutions (SIMOS), a provider of on-premise workforce management solutions. SIMOS clients include Fortune 500 companies in consumer goods, retail, online commerce, and food packaging and distribution. SIMOS specializes in helping clients streamline warehouse/distribution operations to meet the demand for online commerce and supply chain solutions. It also provides scalable solutions for pick and pack, and shipping requirements. The company’s Staffing Services operations are in the blue-collar staffing segment of the staffing industry. It provides blue-collar contingent labor services to its customers; builds a temporary workforce through recruiting, screening, and on-boarding using a network of local branch locations, customer on-premise locations, and national service centers; assigns temporary workers to customers' work sites where they ultimately work under the supervision of its customers; manages the bill rates to its customers and the pay rates to its temporary workers; utilizes centralized support services to service its customers; and uses 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 outsourced service offerings in permanent employment RPO and management of contingent labor services providers (MSP). PeopleScout provides RPO solutions. RPO is high-volume sourcing, screening, and recruitment of permanent employees for all major industries and jobs. The RPO solution delivers improved talent quality, faster hiring, increased scalability, reduced turnover, lower cost of recruitment, greater flexibility, and increased compliance. It leverages its proprietary candidate applicant tracking systems, in providing talent acquisition services from sourcing candidates through on-boarding employees. The solution is highly scalable and flexible, allowing for outsourcing of all or a subset of skill categories across a series of recruitment process and on-boarding steps. In January 2016, the company acquired Aon Hewitt’s RPO business, a provider of RPO services to meet their client’s permanent recruiting needs. Aon Hewitt's RPO clients include Fortune 500 companies primarily in the hospitalit

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Price/Book 1.6x
Price/Cash Flow 21.3x
TEV/Sales 0.2x

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