Inc. magazine has ranked laminating and binding supply company Lamination Depot in position 3,641 on their 2014 Inc. 500|5000 list, which recognizes the fastest-growing, privately-owned companies. Lamination Depot ranks no. 277 among all companies listed in the Business Products & Services category and no. 27 among Business Products & Services companies within California. This is Lamination Depot’s third appearance on the list, after their debut on the 2012 Inc. 500 | 5000 and subsequent appearance on the 2013 edition.
Over the course of the evaluation period, which spanned from 2010 through 2013, Lamination Depot increased their revenue by 87.2%. Among the contributing factors to this growth are the launch of their own supply and equipment brands, the addition of an array of new products, and the expansion of their shipping, customer service, and outside sales staff.
During the past year, Lamination Depot has focused on adding new products to their website, with more than 700 new items listed. Beyond the expanded product catalog, they have also been able to offer discounted pricing on existing products by launching their own line of branded supplies and equipment, sold under the TruBind and TruLam names. Additionally, Lamination Depot has increased their workforce by more than 30% year over year, so that they can continue providing the same level of service to their burgeoning customer base.
“It’s a prestigious honor to make our third consecutive appearance on the Inc. 5000 list – one that was achieved through the tireless efforts of our staff and the loyalty of our dedicated customers,” says Paul Godfrey, Founder and President of Lamination Depot. “One of the keys of our success has been our ability to act on the feedback provided by our customers. By adapting our staff, purchasing processes, and business practices to better fit the needs of our customers, we’ve been able to see continued growth during a time in which many businesses have found it challenging to remain profitable.”
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.