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October 2010
LasX Industries Named One of the 5,000 Fastest-Growing Private Companies in America

 

ST. PAUL, MN, October 16, 2010 – Inc. magazine ranked LasX Industries, Inc. number 4,880 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy– America’s independent-minded entrepreneurs.

“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,”said Inc. president Bob 		  Inc 5000 logo

LaPointe.“The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”

The 2010 Inc. 5000 list is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies had to be based in the United States, privately held, for profit, and independent as of December 31, 2009.

 

LasX experienced a revenue increase from $8.6 million in 2006 to $9.1 million in 2009, making
it the 83rd fastest growing company in the twin cities area. LasX’s growth can be attributed
to cutting edge advancements in laser technology combined with an increased demand for automation in today’s manufacturing environment, causing increases in LaserSharp®
equipment orders.


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.

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Media Contact:
Allison Marten
amarten@lasx.com

651-407-0011