Atlantic International (ATLN) said Tuesday that its subsidiary Lyneer Staffing Solutions was awarded an initial contract to provide temporary workforce services to a Pennsylvania food manufacturer.
The contract, which commenced in January, is valued at $2 million in annual spending and could be expanded nationally for additional revenue of more than $20 million over the next 12 to 24 months, the staffing and outsourced services firm said.
Atlantic International shares were up 4.5% in recent trading.
Price: 4.75, Change: +0.20, Percent Change: +4.48
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