MityLite, Inc. is an American manufacturer of tables, chairs, portable dance floors, staging, and partitions.
Video Mity-Lite
Overview
MityLite, Inc. is based in Orem, Utah, United States. Founded in 1987, Mity-Lite manufactures lightweight folding tables and chairs, including aluminum, Madera Laminate, and Madera Plywood tables; banquet, stacking, and folding chairs; portable dance floors; staging; and partitions. MityLite employs about 250 people and has annual revenues of approximately US$60 million per year.
John Dudash became chief executive officer and president in 2011.
Maps Mity-Lite
History
In 1987, MityLite founder Greg Wilson owned Church Furnishings, Inc, a company that made pews and other church furniture. He secured a US$1 million contract order with The Church of Jesus Christ of Latter-day Saints for a banquet table he had developed. However, Wilson lacked the financing to manufacture the table. After a deal with Samsonite failed, Wilson incorporated as MITY Enterprises, Inc., with US$500,000 from angel investors.
In March 1994, MITY Enterprises went public, selling 900,000 shares of common stock at US$5.25 per share. The company was listed on the NASDAQ under the ticker symbol MITY.
In July 2007 Mity Enterprises merged with Sorenson Capital and Peterson Partners, both Salt Lake City-based private equity firms.
Awards and recognition
In November 2009, Mity-Lite was awarded Manufacturer of the Year by Utah's Manufacturing Extension Partnership.
References
External links
- MityLite corporate website
- MityLite Catalog
Source of article : Wikipedia