LAI named to fastest-growing companies list
SCOTTSDALE, Ariz., March 16, 2009 — LAI International, a strategic supplier of precision components and subassemblies for original equipment manufacturers, was named as a fastest-growing company by the
Phoenix Business Journal.
LAI was ranked in 11th place on the ACE Fastest-Growing Companies list, which was published recently in the
Phoenix Business Journal’s Book of Lists 2009.
LAI has won awards for top-25 fastest-growing private company and for top-50 private company ranked by revenue by the Arizona Corporate Excellence Awards. LAI was the only industrial manufacturing company to win either award.
With a compound annual growth rate of 41 percent in the last two years, LAI is ranked as the eleventh fastest-growing private company in Arizona.
The ACE Awards measure revenue and a formula based on revenue growth over a two-year period.
About LAI International
LAI is the premier manufacturer of precision engineered components and assemblies for aerospace, power generation, defense and other advanced technology industries. Its technology, engineering and manufacturing solutions are the lifeblood of airframes, aircraft engines, power generators, defense systems and other mission-critical applications.
The company is the largest precision contract manufacturer in its class with the fastest growth as ranked by
Inc. Magazine.
LAI has developed longstanding, strategic relationships with leading global players across multiple areas of their operations, including Boeing, Eaton, GE, Lockheed Martin, Northrop Grumman, Pratt & Whitney, Rolls-Royce, Siemens, and more than 70 percent of Fortune 500 global manufacturers.
LAI operates five U.S. manufacturing facilities, with locations in Minneapolis, Phoenix, Tucson, Westminster, Md., and Scarborough, Maine —
all of which are ISO 9001:2000 and AS9100 certified. The company also offers
NADCAP-certified non-conventional machining processes.
For more information, see www.LAIco.com.
Quick Facts: LAI International, Inc.
- Founded in 1979
- Five U.S. manufacturing facilities: Phoenix, Tucson, Minneapolis, Westminster, Md., and Scarborough, Maine
- Corporate headquarters located in Scottsdale, Ariz.
- All facilities ISO 9001:2000 | AS9100 certified
- Lockheed Martin Corporate STAR Supplier
- Northrop Grumman Platinum Supplier
- Inc. 5,000 fastest-growing company award winner, 2007 and 2008