Atlantic International (ATLN) said Monday that its Lyneer Staffing Solutions unit signed a workforce deal with an unnamed North American distributor serving the aerospace, defense, automotive, and medical sectors.
The agreement is projected to generate up to $10 million, with $5 million in contract business and $5 million in direct hire spending, and allows Lyneer to offer services at over 20 locations across the US, the company said.
Shares of Atlantic International were down more than 2% in recent Monday trading.
Price: 3.00, Change: -0.08, Percent Change: -2.60
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