October 2011
LasX Industries Named to Prestigious Inc. 5000 List
SAINT PAUL, MN, October 5, 2011 – LasX Industries, Inc., a leader in the development and manufacturing of high quality laser digital converting equipment, has ranked number 2,566 on Inc. magazine’s fifth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the important influence independent entrepreneurs have on job creation, technological advancement, and economic stimulation. |
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LasX experienced an impressive three-year sales growth rate of 91%,making it the 40th fastest growing company in the Minneapolis metro area and the 85th fastest growing manufacturing company on the Inc. 5000.
This is the second time LasX has appeared on the Inc. 5000. With a previous ranking of 4,880, LasX advanced almost 50% up the list since last year. This growth is a reflection of continual advancements in LaserSharp® digital converting technology, even within a stagnant economic climate. LasX has continually distinguished itself as an innovator within the industry by creating a standard for unmatched precision and accuracy in laser processing while streamlining manufacturing workflows with enhanced software and automation solutions.
About the Inc. 5000
The 2011 Inc. 5000 list is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they must have been based in the United States, privately held, for profit, and independent as of December 31, 2010. About LasX Industries Founded in 1998, LasX Industries, Inc. offers high-quality digital converting equipment and contract services to the medical, industrial, flexible packaging, and commercial print industries using patented LaserSharp® technology. LasX remains a leader in the industry by delivering on-demand laser processing solutions which accurately cut, score, perforate, etch, weld, or ablate components at high production speeds in a single workstation. For more information on a wide variety of laser cutting systems and digital finishing solutions, visit www.lasx.com. Media Contact: |
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