Kudos to the Spellbinders Paper Arts team which was named to the Inc. 500 List of Fastest Growing Companies. It’s nice to see that savvy craft businesses can still not only survive but thrive amidst the uncertainty of a slowly recovering economy. Congratulations Spellbinders!
Spellbinders Paper Arts Named to Prestigious Inc. 500 List
Craft Company Listed as One of America’s Fastest Growing Companies
Peoria, AZ – August 31, 2010 — Spellbinders™ Paper Arts, LLC, an award-winning inventor, manufacturer and marketer of cutting edge tools for crafters, announced today it has been named to the Inc. 500, a list of the fastest growing private companies in America. With an extraordinary three-year growth rate of 673%, Spellbinders Paper Arts is ranked 446 on this year’s list, No. 5 in the Phoenix Metro area and No. 25 in the Consumer Products & Services category. With over 27 million businesses registered in the United States, the Inc. 500 list represents the top-tier businesses in America today.
“Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous,” said Inc. editor Jane Berentson. “The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times.”
Each year, Inc. magazine ranks U.S.-based, privately held companies according to percentage growth. The fastest-growing list is an exclusive ranking of entrepreneurs nationwide – a group Inc. magazine refers to as the most important segment of the U.S. economy.
“It is an honor to be included in this year’s Inc. 500 list and recognized for our entrepreneurial achievements,” said Stacey Caron, Spellbinders’ President. “Our focus has always been on manufacturing innovative, quality products for crafters. This confirmation of our success is the ultimate recognition of our efforts to grow a business that is both rewarding and fulfilling.”
Spellbinders embraces Web 2.0 marketing methods. They have assembled a team of the best designers in the industry to share their expertise online through a variety of web communities.
About Spellbinders Paper Arts
Spellbinders™ entered the craft and hobby market in 2003 with the introduction of the 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 Grand Calibur™ and Presto Punch™ are the company’s latest offerings 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. Visit http://www.spellbinderspaperarts.com/ or e-mail firstname.lastname@example.org for more information.