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LRW Labor Ready

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Share Name Share Symbol Market Type
Labor Ready NYSE:LRW NYSE Ordinary Share
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Labor Ready Named to BusinessWeek's Top 100 Hot Growth Companies for Second Year

06/06/2007 1:30pm

Business Wire


Labor Ready (NYSE:LRW)
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Labor Ready Inc. (NYSE:LRW) has been selected by BusinessWeek as one of the Top 100 Hot Growth Companies for the second year in a row. BusinessWeek compiled its list – which appears in the June 4, 2007 issue – from all publicly traded companies with annual revenues of $50 million to $1.5 billion. Companies are ranked according to their results over the last three years in sales and earnings growth as well as return on invested capital. "We are pleased to be recognized by BusinessWeek as a Top 100 Hot Growth Company," said Labor Ready CEO Steve Cooper. “Providing a three-year average return on capital of more than 18 percent speaks to the strength of Labor Ready’s long-term strategy of being the leading provider of blue-collar staffing. Lower-skilled jobs are projected to be the fastest-growing opportunities over the next ten years. Our customers are primarily small businesses, and small businesses account for half the private domestic product and create more than 60 percent of the net new jobs each year. We believe we are well positioned to sustain our growth and continue to provide great returns for our shareholders." Labor Ready was also named in December to Forbes Magazine’s Platinum 400 list of America’s Best Big Companies. The company was also ranked 22nd by Forbes overall on its Best Managed Companies in America list and second among all business services companies. About Labor Ready Labor Ready is an international provider of temporary employees for manual labor, light industrial and skilled construction trades, operating under the brand names of Labor Ready, Labour Ready, Workforce, Spartan Staffing, and CLP Resources. Labor Ready’s customers are primarily small to mid-sized businesses in the construction, warehousing, hospitality, landscaping, transportation, light manufacturing, retail, wholesale, facilities and sanitation industries. Annually, Labor Ready serves more than 300,000 customers and puts approximately 600,000 people to work through its more than 900 branch offices in the United States, Canada, and the United Kingdom. For additional information, visit Labor Ready’s website at www.laborready.com.

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