press releases

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