Faustson Tool Principals Honored by City & Community of Arvada

ARVADA, Colo. - Oct. 23, 2014 - PRLog -- Recognizing their decades-long commitment to innovation and technology, Alicia Svaldi and Heidi Hostetter of Faustson Tool (http://www.faustson.com/) have been honored by the Arvada Economic Development Association (AEDA) (http://arvadaeconomicdevelopment.org/) with the Lloyd J. King Entrepreneurial Spirit Award. The award, named in honor of the late King Soopers founder, was presented October 9 at the AEDA 20^th annual Business Appreciation Awards Breakfast, which was held at the Arvada Center for the Arts and Humanities.

“To be recognized in this way by the city is really just heartwarming and very special for us,” said Faustson co-founder Alicia Svaldi. Hostetter agreed, “We are completely honored that we are being recognized for this.” They each also stressed their gratefulness to the City of Arvada and specifically the AEDA for its support as Faustson has grown into an innovative leader with a unique niche in their field.

“It’s been a good year for Faustson, and it’s gratifying to have our industry, our community, and our clients recognize the work we’re doing,” said Hostetter. “This award, along with Ball Aerospace recognizing us as its Platinum Supplier of the Year, and being a Colorado Companies to Watch finalist reflects well on our daily efforts to serve our customers and move our company, and our industry, forward. It also confirms that our move to offer 3D metal printing in 2015 is another step in the right direction.”

The 2014 award is the second time in the past five years that Faustson has been recognized for its contributions to Arvada’s economic development. In 2009, AEDA honored Faustson as an Outstanding Business.

“Faustson Tool continually demonstrates leadership and excellence in innovation, and in everything they do,” said Paul Heller, AEDA president. “They are a valuable member of Arvada's business community.”

This latest honor recognizes not only the company’s longevity in the community but its continued growth and innovation in its industry through partnerships with prestigious national and international clients and by adopting new technology to better serve its customers.

About Faustson Tool

Faustson Tool, a worldwide leader in the machining industry, provides services for clients worldwide in the medical, aerospace, aeronautics, defense, semiconductor and other industries. The company, founded in 1982, provides 3-, 4- and 5-axis milling and 5-axis EDM services, as well as turning capabilities for cutting-edge custom part production, and efficient production of standard parts. Faustson Tool is woman owned and operated small business. For more information, visit www.faustson.com, email hhostetter@faustson.com or call (303) 420-7422.

About the Arvada Economic Development Association –

   The AEDA’s mission is to provide business and commercial development services to new and existing businesses, so they can grow and expand to create jobs, increase revenue and make capital investments. For more information, visit www.ArvadaEconomicDevelopment.org.