Labor Smart Seeks Partnership with The Staffing Group

Labor Smart Inc. has proposed in an open letter to The Staffing Group Ltd. that the two companies engage in a “mutual partnership.” The letter, to Brian McLoone, president and chief executive officer of The Staffing Group, notes that Labor Smart has been able to cut costs through a large-deductible workers’ compensation insurance policy it obtained last year. “A business combination with Labor Smart could unlock value and profits hidden behind the high cost of workers' compensation you are incurring,” Labor Smart President and CEO C. Ryan Schadel said in the...