STOCK TITAN

Atlantic International’s Subsidiary, Lyneer Staffing Solutions, Announces Key Expansion in Rock Hill, South Carolina

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags

Atlantic International Corp.'s (OTC: ATLN) subsidiary, Lyneer Staffing Solutions, has announced a significant expansion with the opening of a new location in Rock Hill, South Carolina. This strategic move is designed to support one of the world's largest global supply chain management companies, reinforcing Lyneer's commitment to partnering with industry leaders.

The expansion aligns with Lyneer's mission to provide innovative staffing solutions that enhance operational efficiency for clients. Todd McNulty, CEO of Lyneer Staffing Solutions, emphasized that the new Rock Hill office will enable more responsive, localized client support while addressing the dynamic staffing needs of the supply chain industry.

This development further solidifies Lyneer's position as a trusted partner for businesses seeking high-quality staffing solutions across various sectors.

Loading...
Loading translation...

Positive

  • Expansion into Rock Hill, South Carolina, supporting a major global supply chain management company
  • Strategic positioning to provide localized client support
  • Reinforcement of Lyneer's position as a trusted staffing partner

Negative

  • None.

News Market Reaction – ATLN

%
1 alert
% News Effect

On the day this news was published, ATLN declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ENGLEWOOD CLIFFS, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Lyneer Staffing Solutions, a wholly-owned subsidiary of Atlantic International Corp. (OTC: ATLN), announces the expansion of its operations with the strategic opening of a new location in Rock Hill, South Carolina.

This new facility will support one of the largest global supply chain management companies in the world, reinforcing Lyneer's commitment to partnering with industry leaders. The expansion underscores Lyneer’s mission to deliver innovative staffing solutions that drive operational efficiency and success for our clients.

Todd McNulty, CEO at Lyneer Staffing Solutions, stated, “With the addition of our Rock Hill office, we're better positioned to deliver responsive, localized client support while meeting the supply chain industry's dynamic staffing requirements.”

With a proven track record of delivering high-quality staffing services across various sectors, this expansion further solidifies Lyneer's position as a trusted partner for businesses seeking top-tier staffing solutions.

For more information about Lyneer Staffing Solutions and our new Rock Hill location, please visit www.lyneer.com.

For more information about Atlantic International Corp., please visit www.atlantic-international.com.

About Atlantic International Corp.
Atlantic International Corp. (“Atlantic”) is a leading strategic staffing, outsourced services, and workforce solutions company executing a high-growth strategy. Through its principal operating subsidiary, Lyneer Investments LLC (“Lyneer”), Atlantic’s approximately 300 employees generated over $400 million in revenue (for the twelve months ending December 31, 2023). According to Staffing Industry Analysts, Atlantic is among the top 20 largest national staffing companies servicing the light industrial, commercial, professional, finance, direct placement, and managed service provider verticals. Atlantic provides its customers with complete HR solutions, operating 40 independent on-site and vendor-on-premises facilities and paying over 12,000 employees weekly.

Safe Harbor Statement

With the exception of the historical information contained in this press release, the matters described herein, may contain “forward-looking statements” relating to the business of Atlantic, and its subsidiary company Lyneer. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors.

Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Contacts

Michael Tenore
General Counsel mstenore@atlantic-international.com

508-740-2220 IR@atlantic-international.com


FAQ

What is the significance of Lyneer Staffing Solutions' expansion to Rock Hill, South Carolina?

The expansion allows Lyneer to support one of the world's largest global supply chain management companies, enhancing its ability to provide localized client support and meet dynamic staffing needs in the supply chain industry.

How does the Rock Hill expansion align with Lyneer Staffing Solutions' business strategy?

The expansion aligns with Lyneer's mission to deliver innovative staffing solutions that drive operational efficiency for clients, while reinforcing its commitment to partnering with industry leaders.

What impact is expected from Lyneer Staffing Solutions' new Rock Hill location on Atlantic International Corp. (OTC: ATLN)?

The expansion is expected to solidify Lyneer's position as a trusted staffing partner, potentially contributing to Atlantic International Corp.'s growth and market presence in the staffing industry.

Who announced the expansion of Lyneer Staffing Solutions to Rock Hill, South Carolina?

Todd McNulty, CEO of Lyneer Staffing Solutions, announced the expansion to Rock Hill, South Carolina.