LAI
International named to Inc. 5000 fastest-growing companies list
Precision contract manufacturing company makes the list for fifth-consecutive year
PHOENIX, June
18, 2011 — LAI
International, a strategic supplier of precision
components and subassemblies for original equipment manufacturers,
announced it has been included on the Inc. 500|5000 list of
fastest-growing, privately held U.S. companies.
The Inc. 500|5000 list is compiled by ranking
best-in-class companies according to their success and growth from 2007
to 2010.
“For the fifth time, LAI International has made the Inc. 500|5000 list of
the fastest–growing private companies in America,” Jane Berenson, editor-in-chief, Inc. Magazine, said. “With this
accomplishment, LAI International joins the rarified company of
enterprises that have appeared on the list multiple times,
many of which have grown to become national icons.”
LAI International, which has showed revenue growth of 15.6 percent in the
last four years, has earned a spot
on the Inc. 5000 every year since the list began in 2007. LAI reached the position of 2,666 on the Inc. 5000
list in 2010. The company was ranked 3,688th in 2007, the inaugural
year of the Inc. 5000.
The 2011 rankings will be published by mid-August.
The 30th Annual Inc. 500|5000
Conference and Awards Ceremony, is set for Sept. 22–24, at
the Gaylord National Resort and Convention Center, Washington,
D.C.
Inc.'s list recognizes the significant accomplishments of
the 5,000 fastest growing privately-owned businesses in the country,
based on percentage growth in company net sales over a four-year
period. To qualify, companies must be U.S.-based and privately held,
independent and have had at least $100,000 in revenue in 2006, and $2
million in 2010.
About LAI International,
Inc.
LAI International, Inc. is a leading contract manufacturer of
make-complete precision-engineered components and assemblies for
aerospace, power generation, defense, medical and other advanced
technology industries. The company’s technology, engineering and
manufacturing solutions are used to build components for airframes,
aircraft engines, power generators, defense systems, medical devices
and other industrial applications.
LAI has developed
strategic relationships with leading global OEMs and operates five U.S.
manufacturing facilities, with locations in Minneapolis, Phoenix,
Tucson, Westminster, Md., and Scarborough, Maine — all of
which
are IS0 9001:2008 and AS9100 certified. The company also offers
Nadcap-certified conventional and non-conventional machining processes.
LAI has developed innovative applications in advanced machining
processes, including waterjet cutting and drilling, laser cutting,
drilling, welding and heat-treating, EDM drilling, CNC EDM, high-speed
EDM, conventional CNC machining, five-axis CNC machining and precision
five-axis grinding. The company also provides gage calibration, tooling
production, air-flow inspection and additional manufacturing services.
For more information, see
www.LAIco.com.
Quick Facts about LAI
International
- Five U.S. manufacturing facilities: Phoenix, Tucson, Minneapolis,
Westminster, Md., and Scarborough, Maine
- Corporate headquarters located in Scottsdale, Ariz.
- Founded in 1979
- ISO 9001 | AS9100 | Nadcap certified
- ACE Corporate Excellence Award winner, 2008-10
- Arizona Manufacturers Council's Outstanding Small-to-Medium
Manufacturer of the Year, 2011
- Boeing Performance Excellence Award, 2010
- GE Customer Impact of the Year Award winner
- Lockheed Martin Corporate STAR Supplier
- Northrop Grumman Platinum Source Preferred Supplier
- Inc. 5000 fastest-growing private U.S. company, five-time award
winner, 2007-11