LasX Industries Ranked #34 on Minneapolis-St. Paul Business Journal’s 2010 Fast 50

Dec. 27, 2010 - PRLog -- ST. PAUL, MN, October 22, 2010 – LasX Industries, Inc. was named the 34th fastest growing private company in Minnesota by the Minneapolis-St. Paul Business Journal. Unveiled Thursday evening, The Fast 50 is a compilation of the 50 fastest-growing private companies in the 13-county metro area based on three-year revenue growth. 

The annual list ranks companies based on revenue increase from 2007 to 2009. To qualify for the Fast 50, companies must have retained annual revenue of $1 million or more in 2007, with consecutive revenue growth in each of the following two years.

With a three-year 41% revenue increase, LasX landed on the Fast 50 due to continual development of innovative customized laser processing systems which serve a vast array of markets. This has resulted in increased equipment sales, particularly in the commercial print and flexible packaging industries.

Another factor that has given LasX an edge during even hard economic times is contract manufacturing. This service allows customers the flexibility to process their components at a LasX facility utilizing a variety of in-house digital converting systems. Companies are able to benefit from LaserSharp® technology without the commitment of purchasing an entire system.

The LasX contract services option is especially valuable for the development of assay test components for point-of-care medical devices, http://www.lasx.com/medical-converting.php an emerging market which demands precision processing solutions for multi-layer structures with extremely small and complex features.


About LasX Industries 

Founded in 1998, LasX Industries, Inc. offers high-quality digital converting equipment http://www.lasx.com/lasersharp-equipment.php and contract services http://www.lasx.com/laser-converting-services.php 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 http://www.lasx.com

# # #

LasX Industries, Inc. was founded in 1998 with a vision to deliver laser digital converting solutions to the converting industry. LaserSharp® technology offers converters a standard laser processing solution that is fundamentally changing the industry.