Herbst LaZar Bell Inc. · Chicago, IL United States
Company Description
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This link will open in a new window Herbst LaZar Bell (HLB) provides product design and engineering services specializing in consumer products, industrial components, and medical devices. With expertise in market research, business strategy, industrial design, materials and processes, engineering, manufacturing, and prototype services, HLB can minimize the trial and error part of product design. The employee-owned firm was founded as Sherman Herbst in 1962 by Walter Herbst and Bill Sherman. Headquartered in Chicago, HLB owns an additional office in Boston. To read the full description, subscribe now.
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Key Herbst LaZar Bell Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $2.0 |
| Employees | 40 |
Herbst LaZar Bell Inc. Executives
5 executives listed for Herbst LaZar Bell Inc.'s Chicago, IL location.
| Title | Name & Bio | Contact |
| Chairman | Walter Herbst | Network |
| CEO | Ford Pearson | Network |
| COO | Andrew Macey | Network |
Competition
Competitive Landscape for Herbst LaZar Bell Inc.
Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects. Average revenue per employee is about $200,000 for large firms, $115,000 for small ones. To read the full description, subscribe now.Top Herbst LaZar Bell Inc. Competitors
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