Sunday, July 5, 2009

INC. 500 NEWCOMER, LHR TECHNOLOGIES

PASADENA, TEXAS-- August 27, 2008-- LHR Technologies, manufacturer of the CarveWright Woodworking System, was introduced to the Annual Inc. 500 List by Inc. Magazine as its 36th Fastest Growing Private Company in the United States. The company also ranked No. 2 in the Top 100 Consumer Product Companies in the US, as well as No. 2 in the Top 50 Businesses in Houston-Sugar Land- Baytown, TX Area.

These tremendous honors reflect the hard work and dedication of the staff at LHR Technologies and their CEO, Chris Lovchik. Of their success, Mr. Lovchik reflects, “Starting out, I had no choice but to risk everything.” That risk has resulted in a growth of nearly 4,000% in revenue over the last four years. “With the growth, I have the resources to better evaluate my options.”

Lovchik, along with co-founder David Jochim, both ex-NASA Robotics engineers, have put those resources to work for them. In early 2007, the company employed 6 people. Today, the company is bursting at the seams with over 60 employees. A new high-tech facility and training center is currently under construction to accommodate their growth.

They continue a dedication to the future with an emphasis on research and development for their CarveWright Woodworking System. LHR has created a brand that is very quickly being recognized by craftsman, hobbyists, technology educators, tool dealers and many other surprising markets. Its low price tag has put high-tech CNC woodcarving into the hands of everyone.

Now available through most major home improvement stores, various specialty craft stores & technology educational dealers, LHR has sold over 15,000 systems. Once offered only in the Continental United States, LHR Technologies now crosses geographical boundaries with their CarveWright Woodworking System by announcing its availability through Canadian distributor Triton Canada.

The CarveWright Woodworking System and Craftsman CompuCarve are revolutionary and compact CNC machines with simple to use software allowing anyone to create complex carvings. Additional accessories, such as a Scanning Probe, which allows for duplication of original works or virtually any other 3-D elements, add to the fun and unlimited possibilities. Educational materials, online user’s forum, projects and patterns are available at www.carvewright.com.

The CarveWright/CompuCarve systems have received a good amount of publicity & recognition over the last year. It has recently been featured twice on ABC’s Extreme Makeover: Home Edition in late-April’s “Martinez Family” and mid-January’s “Luther Family” episodes. It has also garnered a lot of additional press being featured on DIY Network’s CoolTools, honored as Workbench Magazine’s “Top 10 Innovations for 2008”, received 4 ½ out of 5 stars from About.com, featured in Wired Magazine as its selection for “Holiday Gadgets & Gift Wish List for 2007”. Woodworking experts have also published articles in Better Homes & Garden’s Wood Magazine (July 2008), American Woodworker and WoodCraft Magazines praising this exciting new tool.

For more information regarding LHR Technologies or CarveWright Woodworking System, please contact 713-473-6545 or visit the website at www.carvewright.com. Canadian inquiries should call 1-888-874 8661 or visit their future website at www.carvewright.ca.

About LHR Technologies: LHR Technologies Inc., a leader in woodworking tools innovation, was founded in 2001 by NASA robotics engineers who shared a passion for woodworking. With the goal to bring the art of woodworking into the next century, the company patented and distributed a revolutionary “quick changer” for handheld routers in 2003. The engineers used the same “quick changer” concept when creating the CarveWright. The CarveWright was introduced through Sears in November of 2006 under the name of The CompuCarve Woodcarving System and was driven by CarveWright software. The current CarveWright Woodworking System was released to the mass market in the summer of 2007. For more information, visit .

About Inc. Magazine: Inc., the only major business magazine edited exclusively for CEOs of Fast-growing private companies, delivers real a solution for today’s innovative company builders. It provides hands-on resources and market-tested strategies for managing people, finances, sales, marketing and technology. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc. inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness and imagination. Inc. has a paid subscription base of 700,000 readers.

No comments:

Post a Comment