Article: Labor Ready Acquires PlaneTechs.

Acquisition Expands and Diversifies its Skilled Trades Staffing Services

TACOMA, Wash. -- Labor Ready completed the acquisition of PlaneTechs, LLC effective Monday, Dec. 3, 2007. PlaneTechs was purchased for approximately $50 million in cash. Founded in 1997, PlaneTechs is a leading aircraft maintenance staffing provider and is headquartered in Chicago, Ill.

"The acquisition of PlaneTechs continues our diversification strategy within blue-collar staffing and adds a new element of growth and specialization to our skilled trades services," said Labor Ready CEO Steve Cooper. "PlaneTechs delivers an innovative approach to the flexible workforce requirements ...

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