Atlantic International Corp. Expands $11 Million Partnership with Food Production Leader, Aiming for 25% Growth and New Locations

ENGLEWOOD CLIFFS, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) — Atlantic International Corp. («Atlantic”) (OTC: ATLN), a leading provider of strategic staffing outsourced services and workforce solutions, today announced that its subsidiary Lyneer Staffing Solutions has agreed to a substantial extension of Lyneer's partnership with a premier food production company. This strategic collaboration, building on a long-term relationship with annual renewals, involves a total spend of $11 million with up to an additional 25% increase, which could bring the partnership value to approximately $13.75 million. The extension solidifies Lyneer's existing business and encompasses additional locations with the customer, representing an annual spend of $10 million. This expanded partnership marks a significant milestone in Lyneer's growth trajectory within the food production industry, reinforcing its position as a trusted workforce solutions provider.

Todd McNulty, CEO of Lyneer Staffing Solutions, expressed his enthusiasm about the expanded relationship: „At Lyneer, we deeply value our client partnerships and are thrilled to contribute to their growth by providing top-tier staffing solutions. This expansion is a testament to our team's dedication and our clients' trust in us to meet their workforce needs efficiently and effectively.”

The partnership extension reinforces Lyneer's position in the food production sector and aligns with the company's strategic growth objectives.

Jeffrey Jagid, CEO of Atlantic International, commented on the significance of this development: “Our partnership approach is at the core of Atlantic International's business philosophy. We are excited about the continued growth in this market and remain committed to fostering long-term relationships that drive mutual success for our clients and our organization.”

This expanded collaboration showcases Lyneer Staffing Solutions' ability to adapt to client needs and industry demands, further solidifying its reputation as a trusted partner in workforce management.

About Atlantic International Corp.

Atlantic International Corp. (»Atlantic”) is a leading strategic staffing, outsourced services, and