Metavesco's subsidiary, Epic Labor, has marked a significant milestone with the opening of its new branch in Baltimore, Maryland, extending its high-velocity staffing network into the Mid-Atlantic region. This strategic expansion is designed to leverage the area's bustling infrastructure, port activities, and event-driven labor demands, positioning Epic Labor to meet the diverse staffing needs of various industries.
The Baltimore branch is set to provide comprehensive staffing solutions across several sectors, including construction, warehousing, hospitality, manufacturing, and event support. A standout feature of Epic Labor's service is its '2-Hour Guarantee' for labor replacement, a commitment that aims to set the company apart in a highly competitive staffing industry.
Ryan Schadel, President and CEO of Metavesco, highlighted the strategic importance of the Baltimore location, describing it as a gateway to a region brimming with economic opportunities. The company has set ambitious financial targets for the new branch, anticipating an annual run-rate of $1.2 million within the first six months, with plans to increase this figure to $1.5 million by the end of its second year.
This expansion represents the fourth branch for Epic Labor and is a key component of the company's broader strategy to establish 98 branches nationwide by 2029. Located along the I-95 corridor, the Baltimore office is expected to not only reduce customer acquisition costs but also open doors for national account development, further solidifying Epic Labor's presence in the staffing industry.
At a time when many competitors are scaling back, Metavesco continues to pursue an aggressive expansion strategy. The company's focus on building scalable systems, enhancing profit margins, and capitalizing on cross-selling opportunities across its expanding network underscores its commitment to growth and innovation in the staffing services sector. The launch of the Baltimore branch exemplifies Metavesco's resilience and strategic foresight in navigating the challenges of the current economic environment.
