Spellbinders Paper Arts Named to Exclusive Inc. 500|5000 List for Third Successive Year

Company Earns Prestigious Award for 289 Percent Year-Over-Year Growth
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Aug. 29, 2012 - PRLog -- Phoenix, AZ --  Spellbinders™ Paper Arts, LLC is an award-winning inventor, manufacturer and marketer of cutting edge tools for crafters that cut, emboss and stencil.  Inc. magazine has placed the company No. 1,098 on its sixth annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs.   Recognized for its steady growth for three consecutive years, Spellbinders ranked #77 within its industry category and #18 for Top Companies in the Phoenix metro area.

“We are delighted, once again, to be included in the Inc. 500|5000 list and to be recognized for our entrepreneurial achievements.  We remain dedicated to manufacturing the finest, highly detailed craft tools that provide value and versatility.  We thank our customers for their ongoing support in achieving our continued growth,” said Stacey Caron, Spellbinders Co-Founder and President.

In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.

“Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward.  Growth companies, not large corporations, are where the action is,” said Inc. Editor Eric Schurenberg.

About Spellbinders Paper Arts
Spellbinders entered the craft and hobby market in 2003 with the introduction of the Spellbinders Wizard™ Universal Craft Tool and a unique, patented collection of dies unlike any introduced before - or since. Always on the cutting edge in introducing innovative tools to the market, the Spellbinders Grand Calibur® Machine is the company's latest offering for crafters. Spellbinders product lines include more than 250 patented and patent-pending products, allowing crafters, hobbyists, artists and teachers to create one-of-a-kind, beautiful paper art projects.

Stacey Caron, President, has been selected to receive a 2012 Enterprising Women Award.  Now in its 10th year, the Annual Enterprising Women of the Year Awards recognize the finest women entrepreneurs in North America and beyond, and is widely considered one of the most prestigious recognition programs for women business owners.

The company received the Craft & Hobby Association (CHA) 2012 Summer Innovations Award for the Spellbinders Nestabilities® Majestic Elements line.  The award represents the industry’s most prestigious recognition for product innovation.

For three consecutive years, Spellbinders Paper Arts has been listed in the Inc. 500|5000, an exclusive ranking of entrepreneurs nationwide. Visit http://spellbinderspaperarts.com/ or e-mail info@spellbinders.us for more information.

About the Inc. 500 | 5000 List
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.  Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
Copyright© 2012 Spellbinders™ Paper Arts LLC. All rights reserved. Spellbinders and the Spellbinders logo are trademarks of Spellbinders Paper Arts LLC. Spellbinders product specifications are subject to change without notice. All other trademarks are the property of their respective companies.
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Tags:Crafts, Paper Crafts, Entrepreneurs, Manufacturing
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