Mity-Lite
| Founded | 1987 |
|---|---|
| Headquarters | , United States |
Key people | John Dudash, CEO, President |
| Products | Folding tables Folding chairs[1] Banquet chairs Stacking chairs Portable dance floors Staging Partitions Table & chair carts Church furniture Hotel furniture |
Number of employees | 250 |
| Website | mitylite.com |
MityLite, Inc. is an American manufacturer of tables, chairs, portable dance floors, staging, and partitions.
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. [1] MityLite employs about 250 people and has annual revenues of approximately US$60 million per year.[2]
John Dudash became chief executive officer and president in 2011.
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.[3]
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.[3]
In July 2007 Mity Enterprises merged with Sorenson Capital and Peterson Partners, both Salt Lake City-based private equity firms.[4]
Awards and recognition
In November 2009, Mity-Lite was awarded Manufacturer of the Year by Utah’s Manufacturing Extension Partnership.[5]
References
- ^ a b Wilhelm (2011-02-18). "Mity-Lite's Strategic Recipe: Innovation, Market Savvy, Scalability" (PDF).
- ^ “Orem's MityLite to settle claims it hired too many Pacific Islanders” The Salt Lake Tribune, 16 October 2009
- ^ a b “Mity-Lite Corporation: The IPO Process,” Marriott School of Business, Brigham Young University
- ^ "MITY Enterprises, Inc. to Be Acquired by Sorenson Capital and Peterson Partners for $21.50 Cash Per Share" Business Wire, 3 May 2007
- ^ Manufacturing Extension Partnership website