Inc. magazine has ranked laminating and binding supply company Lamination Depot in position 3,506 on their 2016 Inc. 500|5000 list, which recognizes the fastest-growing, privately-owned companies. Lamination Depot ranks no. 339 among all companies listed in the Business Products & Services category and no. 35 among Business Products & Services companies within California. This is Lamination Depot’s fifth consecutive appearance on the list, after their debut on the 2012 Inc. 500 | 5000 and subsequent appearances on the 2013, 2014, and 2015 editions.
Over the course of the evaluation period, which spanned from 2012 through 2015, Lamination Depot increased their revenue by 90% and nearly doubled their on-hand inventory. Among the contributing factors to this growth are the expansion of their private-label supply and equipment brands, new purchasing strategies designed to better meet customer demand, and an increased emphasis on streamlining business processes.
During the past year, Lamination Depot has focused on expanding their private-label product lines, TruLam, TruBind, and TruBadge, while building their inventory of in-stock items for faster order fulfillment. One of their greatest areas of growth during this period has been their line of TruBind binding machines, which currently includes 11 exclusive models. Additionally, Lamination Depot has invested in new staff and business resources to continue providing the same level of service to their customer base amidst growing demand.
“Being included on the Inc. 500 | 5000 list for a fifth consecutive year is an immense honor,” says Paul Godfrey, Founder and President of Lamination Depot. “In a marketplace that is continually evolving, we are constantly refining our processes, seeking out new product lines, and simplifying our supply chain. We strive to become better at meeting our customers’ needs every single day, and that is the key to our growth year after year.”
A complete list of all Inc. 500|5000 honorees is available on Inc. magazine’s website, at www.inc.com/inc5000/. To view Lamination Depot’s complete profile, visit www.inc.com/profile/lamination-depot.
About Lamination Depot
Founded in 2002, Lamination Depot sells high quality laminating and binding supplies and equipment at deeply discounted prices. By purchasing products in large quantities directly from the manufacturers and packaging supplies in inexpensive, plain, corrugated boxes, they are able to offer consumers savings of 50-70% as compared to traditional office supply stores. With a focus on superior customer service, Lamination Depot has garnered recognition from both Yahoo Shopping and the Better Business Bureau, where they currently maintain an “A+” rating for reliability. Learn more about Lamination Depot by visiting www.laminationdepot.com.