| Business Summary | | Ablest
Inc.
and
its
subsidiary
are
primarily
engaged
in
the
business
of
corporate
staffing
services.
The
Ablest
Service
Corp.
(Ablest),
a
wholly
owned
subsidiary
of
the
Company,
provides
staffing
services,
which
focus
on
providing
temporary
and
contract
staffing
solutions
to
businesses
in
the
clerical,
light
industrial
and
technology
professional
sectors.
Staffing
services
are
principally
provided
through
52
offices
currently
located
in
the
Eastern
United
States
and
selected
Southwest
markets.
Ablest
does
not
service
any
specific
industry
or
field,
instead,
its
services
are
provided
to
a
broad-based
customer
list.
The
Company
was
also
previously
engaged
in
the
field
of
industrial
maintenance.
On
March
13,
2000,
the
Company
sold
substantially
all
of
the
assets
of
its
United
States
industrial
maintenance
business
and
the
stock
of
its
Canadian
subsidiary,
C.
H.
Heist
Ltd. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ablest
Inc.
is
a
provider
of
corporate
staffing
solutions.
The
Company
targets
clients
who
require
premium
staffing
services
that
include
clerical,
light
industrial
and
technology
professional
sectors.
For
the
26
weeks
ended
7/1/01,
net
revenues
fell
16%
to
$42.9
million.
Net
loss
from
continuing
operations
totaled
$836
thousand,
vs.
an
income
of
$216
thousand.
Results
reflect
lower
commercial
staffing
and
information
technology
revenues
and
a
decrease
in
gross
and
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Charles Heist, 50 Chairman
and Acting CFO | $301K | W. David Foster, 66 CEO,
Director | 326K | Kurt Moore, 41 Pres,
COO | 293K | Mark Kashmanian, 45 Treasurer,
Sec., CAO | 115K | Dollar amounts are as of 26-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|