BG Staffing, Inc. (NYSE Mkt: BGSF) operates as a temporary staffing company in the United States. The company operates through three segments: Light Industrial, Multifamily, and IT Staffing. The Light Industrial segment offers temporary workers that perform services in various skilled and unskilled positions to primarily distribution and logistics customers in Illinois, Wisconsin, Texas, and Mississippi. The Multifamily segment provides front office and maintenance personnel on a temporary basis to various apartment communities primarily in Texas. The IT Staffing segment offers skilled contract labor for IT implementations and maintenance projects. SNNLive spoke with Allen Baker, President and CEO of BG Staffing, Inc. at the LD Micro "Main Event" 2014 in Bel Air, CA.
Mr. Baker begins with an overview of the company, “We’re a temporary staffing company, we operate nationally. We have three different segments that we operate in. They would be: light industrial, high-end IT staffing, and we have a specialty niche that’s a professional staffing group in the multi-family division.”
He explains the process behind the temporary staffing, “Companies have needs that they want us to fill. So we find the people, we screen the people, we put the people to work, we process them in our payrolls and our back office, we do all the government regulatory type things, filings and what-have-you, and then we bill our customers.”
He then discusses 2015, “I see that the company will continue to grow organically. The staffing industry analyst people are projecting anywhere between 5-6% growth for this year and in the next year and we will also be continuing to look for creative acquisitions that will help us execute our strategy, which is to diversify the skillsets that we offer and the geographic markets that we would like to serve.” For more information, check out their website: www.BGStaffing.com
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