NEWS RELEASE
Contact: Stephen Turgeon
Phone: (401) 263-4667
(October 20, 2016) - Life Wear Technologies, the maker of ThermalMAX Reusable Heat Packs, has been named one of the fastest growing local companies by Providence Business News (PBN).
Life Wear was one of 30 companies honored at the newspaper's fifth annual Fastest Growing & Innovative Companies Awards banquet held in September. Life Wear was ranked second amongst companies with revenue between $5 million and $25 million, posting revenue growth of 512 percent from 2013 to 2015.
Earlier this year, PBN also honored Life Wear at its third annual Manufacturing Awards. Life Wear was one of 12 manufacturing companies recognized, taking home the Product Innovation and Design Award.
Life Wear is the manufacturer of CryoMAX® Cold Therapy 8-Hour Reusable Cold Packs and the recently launched ThermalMAX® Long Lasting Heat Packs. In August, it expanded its reach to over-the-counter topical medicines with its acquisition of the TriCalm line of anti-itch relief products.
Life Wear Technologies, LLC was established in 1974 as one of the original manufacturers of Sports Medicine products. After gaining notoriety as a leading innovator in the sporting goods arena, the company shifted its focus to the rapidly growing first aid and pharmacy market. In addition to the health supports, Life Wear Technologies began manufacturing elastic bandages, athletic tape and eventually hot & cold therapy products to become the first one-source solution for private label Sports Medicine products. Today, Life Wear Technologies is a leading supplier of both private label and branded Sports Medicine products sold in chain drug, food and mass merchant retailers.
For more information on Life Wear Technologies, go to www.lifeweartechnologies.com.
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