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Inc. 5000 ranks LAI International to annual list of fastest-growing firms
Precision contract manufacturing company is five-time winner with 18% three-year growth
PHOENIX, Aug. 29, 2011 — LAI International, a strategic supplier of precision components and subassemblies for original equipment manufacturers, made the Inc. 5000 list of fastest-growing, privately held U.S. companies for the fifth-consecutive year.
LAI International ranked 4,477 on the 2011 Inc. 5000, Inc.'s annual ranking and recorded a three-year growth rate of 18 percent.
“As an Inc. 5000 honoree, LAI International shares a prestigious pedigree with such notable alumni as Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Clif Bar, Patagonia, Oracle, Zipcar, and scores of other powerhouses,” Jane Berenson, editor-in-chief, Inc. magazine, said in a letter to Stewart Cramer, president, LAI International. “Congratulations to you and your team. Inc. recognizes the creativity, dedication and hard work that have gone into building LAI International into what it is today and wishes you many more years of success.”
The Inc. 500|5000 list is compiled by ranking best-in-class companies according to their success and growth from 2007 to 2010.
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. LAI was one of 253 U.S. manufacturing companies recognized by the Inc. 5000.
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.
For more information on LAI International's ranking on the Inc. 5000, see: www.Inc.com/Inc5000/profile/LAI-International.
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
Precision contract manufacturing company is five-time winner with 18% three-year growth
PHOENIX, Aug. 29, 2011 — LAI International, a strategic supplier of precision components and subassemblies for original equipment manufacturers, made the Inc. 5000 list of fastest-growing, privately held U.S. companies for the fifth-consecutive year.
LAI International ranked 4,477 on the 2011 Inc. 5000, Inc.'s annual ranking and recorded a three-year growth rate of 18 percent.
“As an Inc. 5000 honoree, LAI International shares a prestigious pedigree with such notable alumni as Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Clif Bar, Patagonia, Oracle, Zipcar, and scores of other powerhouses,” Jane Berenson, editor-in-chief, Inc. magazine, said in a letter to Stewart Cramer, president, LAI International. “Congratulations to you and your team. Inc. recognizes the creativity, dedication and hard work that have gone into building LAI International into what it is today and wishes you many more years of success.”
The Inc. 500|5000 list is compiled by ranking best-in-class companies according to their success and growth from 2007 to 2010.
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. LAI was one of 253 U.S. manufacturing companies recognized by the Inc. 5000.
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.
For more information on LAI International's ranking on the Inc. 5000, see: www.Inc.com/Inc5000/profile/LAI-International.
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
