United States

Profile: BG Staffing Inc (BGSF.A)

BGSF.A on American Stock Exchange

17 Nov 2017
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$0.11 (+0.69%)
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BG Staffing, Inc. (BG Staffing), incorporated on August 27, 2007, is a provider of temporary staffing services. The Company provides temporary workers to a range of customers that are seeking to match their workforce requirements to their business needs. Its customers operate across a diverse set of industries. The Company's operations are organized into three segments: Commercial, Multifamily and Professional. The Company's subsidiaries include BG Staffing, LLC, B G Staff Services, Inc., BG Personnel, LP, and BG Finance and Accounting, Inc.

The Company's temporary staffing services consist of on-demand or short-term staffing assignments, contract staffing, and on-site management administration. Short-term staffing services assist employers in dealing with employee demands caused by such factors as seasonality, fluctuations in customer demand, vacations, illnesses, parental leave, and special projects. Its contract staffing services place temporary employees with customers for time-periods of more than three months or for an indefinite time period.

Commercial Segment

The Company's Commercial segment provides temporary workers to primarily distribution and logistics customers needing a workforce. The Company has approximately 10 branch offices and over 20 onsite locations in four states. Its Commercial segment temporary workers perform services in a range of skilled and unskilled positions. The workers it assigns to its Commercial customers are its temporary workers, although its customers provide on-the-job direction, control and supervision.

Multifamily Segment

The Company's Multifamily segment is a provider of front office and maintenance personnel to the multifamily housing industry. The Company has over 20 branch offices in over 10 states. The Multifamily segment utilizes a centralized recruiting model from recruiting centers in Dallas, Houston, and Austin, Texas. It is also developing a recruiting operation in the Charlotte, North Carolina area. The workers the Company assigns to its multifamily customers are its temporary workers, although its customers provide on-the-job direction, control and supervision.

Professional Segment

The Company's Professional segment provides information technology (IT) professionals with skill in SAP Workday, Olik View, Hyperion, Oracle, project management and other IT staffing skills to customers on a national basis. The Company's customers include Fortune 500 companies and consulting firms engaged in systems integration projects. It operates its national coverage of the IT market from its offices in North Carolina and Rhode Island, and Maryland. In addition, it provides finance, accounting and related support personnel in Texas and Louisiana through its Texas-based Donovan & Watkins group.

Company Address

BG Staffing Inc

5850 Granite Pkwy Ste 730
PLANO   TX   75024-6748
P: +1972.6922422
F: +1972.6922444

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