Peoria, Arizona-based Spellbinders Paper Arts has been named to Inc. magazine’s prestigious Inc. 500 list, the magazine’s annual ranking of the country’s fastest growing privately owned companies.
Companies are selected for the list based on their rate of growth for the years 2006-2009. Spellbinders’ growth rate of 673% during that period ranked them number 446 on the list.
“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 has previously been in the news this year due to their protracted litigation against Quickutz over alleged infringement by Quickutz of a patent owned by Spellbinders.
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