Scottsdale 1/16/2014 4:00:00 AM
News / Finance

QualityStocks News - Labor SMART (LTNC) Debuts First Three New Offices of 2014

QualityStocks would like to highlight Labor SMART (OTCQB: LTNC). The company provides skilled, on-demand temp labor services through its offices in Georgia, Tennessee, Indiana, Kentucky, Florida, Alabama, South Carolina, North Carolina, Missouri, and now expanding into Colorado and Texas. The company is one of the fastest growing temporary labor providers, and continues to open new offices.

In the company’s news,

Labor SMART announced earlier today that it will be debuting three new offices as it continues to expand its geographic reach in the United States. The new offices will be located in Denver, Colorado; Houston, Texas; and St. Petersburg, Florida. The Denver and Houston office locations will mark the key entry of Labor SMART into the states of Colorado and Texas. The first of several new offices planned for construction in 2014, Labor SMART plans to enthusiastically meet the growing demand for temporary blue collar staffing needs of both large and small enterprises.

Labor SMART’s CEO, Ryan Schadel stated, “We continue to see growth in on-demand labor needs and believe this is a strong indication that the economy is strengthening. Because employers may still hesitate to hire full time employees for many reasons, we believe that the growth of on-demand temporary employment is indicative of a changing workplace and may signal a new paradigm that could render old ways of looking at employment data obsolete.” Schadel reports that many companies prefer to use temporary workers, as it is simply cost-effective and a smart move over more traditional hiring patterns.

This trend is demonstrated in Labor SMART’s recently reported year-over-year growth. In comparison to 2012, Labor SMART revenues increased 130.7% in 2013. In addition, Schadel noted that industry analysts are calling for continued growth in this area.

Labor SMART has positioned itself to take advantage of this growth opportunity in the just-in-time labor market by providing remarkable levels of service as well as having a local presence in 15 growing markets, some of which include Georgia, Tennessee, Indiana, Kentucky, Alabama, Florida, South Carolina, North Carolina, Missouri, and the newly added areas of Texas and Colorado.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.