November 11, 2008
LAI International Inc., a supplier of precision components and subassemblies for OEMs, announced that it has won two ACE awards. LAI won awards for top 25 fastest-growing private companies and for top 50 private companies ranked by revenue by the Arizona Corporate Excellence awards. LAI says it 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 11th fastest-growing private company in Arizona. The awards measure 2007 revenue and a formula based on revenue growth over a two-year period.
LAI operates five manufacturing facilities in Minneapolis; Phoenix; Tucson, Ariz.; Westminster, Md.; and Scarborough, Maine. All are ISO 9001:2000- and AS9100- certified. The company also offers NADCAP-certified nonconventional machining processes.