Laboratory Testing Inc. Receives Philadelphia 100 Honorable Mention

Nov. 8, 2011 - PRLog -- HATFIELD, PA, November 8, 2011 - Laboratory Testing Inc. was awarded an Honorable Mention by the Philadelphia 100, an annual project conducted by the Entrepreneurs' Forum of Greater Philadelphia, Philadelphia Business Journal and Wharton Small Business Development Center since 1988. Each year, the merit-based program recognizes the fastest growing, privately-held companies in the Greater Philadelphia Region. Laboratory Testing Inc. is a family-owned materials testing and metrology laboratory in business since 1984.

There were over 400 applications for the 2011 award, and this was the first year Laboratory Testing Inc. entered the competition. The rankings of winners are based on their growth rates in sales revenue over the prior three-year period. Sales revenue in the latest fiscal year for the 2011 Philadelphia 100 winners ranged from $171,000 to $153.9 million, with an average of $11.8 million. The median three-year growth in annual sales was 92.9%. Sixty-four companies were repeat winners, with over half having won more than once in previous years.

ABOUT Laboratory Testing Inc. -- Laboratory Testing Inc. (LTI) of Hatfield, PA is a materials testing and metrology laboratory in business since 1984. LTI specializes in metals testing and inspection; chemical analysis of metals, powdered metals, ores, ferroalloys, composites and ceramics; test specimen machining, dimensional inspection and calibration of measuring tools and instruments. The lab is accredited to ISO/IEC 17025 by PRI Nadcap and A2LA. Mechanical testing, tensile testing, hardness testing, high temperature testing, metallurgical testing, elemental analysis, corrosion analysis and nondestructive testing services including ultrasonic testing, hydrostatic pressure testing, X-ray inspection, magnetic particle, liquid penetrant and visual inspection services are performed to industry specifications. Certified test and calibration reports provide customers with detailed results. Failure investigations are conducted to determine the root cause of material failures and test specimens are machined on-site. First-article and third-party dimensional inspection services are performed on machined products and parts. The calibration lab provides dimensional, pressure, force, torque, electrical, temperature, mass and vacuum calibration services traceable to NIST. Field calibration service is offered for surface plates, hardness testers, optical comparators, temperature controllers, balances, electrical instruments, hand tools and testing machines. LTI provides new instruments, replacement parts and repairs for measuring instruments and equipment. Information on Laboratory Testing services and accreditations is available at http://www.labtesting.com, sales@labtesting.com or 800-219-9095.

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Laboratory Testing Inc. (LTI) is an independent, accredited testing and metrology laboratory performing metals and plastics testing, material analysis, nondestructive testing, specimen machining, failure analysis, dimensional inspection and calibration.