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词条 Mity-Lite
释义

  1. Overview

  2. History

     Awards and recognition 

  3. References

  4. External links

{{Infobox company |
  logo   = File:Mity-Lite logo.jpg |  name   = MityLite, Inc.|  type   = |  foundation     = 1987 |  location_city  =  Orem, Utah|  location_country = United States|  key_people     =  John Dudash, CEO, President|  num_employees  = 250 |  products       = Folding tables
Folding chairs[1]


Banquet chairs
Stacking chairs
Portable dance floors
Staging
Partitions
Table & chair carts
Church furniture
Hotel furniture |


}}

MityLite, Inc. is an American manufacturer of tables, chairs, portable dance floors, staging, and partitions.

Overview

MITY® Inc. (formerly MityLite) is based in Orem, Utah with manufacturing operations in Lindsay, Ontario; Kitchener, Ontario; and Lawrenceburg, Tennessee. Founded in 1987 as MityLite™, the company manufactures durable tables and chairs made from materials including ABS plastic, steel, aluminum, Madera Laminate, and Madera Plywood. Product collections include MityLite chairs and tables, XpressPort® carts, Holsag® European beech hardwood chairs, Bertolini® stacking chairs for the worship market, and BRODA chairs for senior living and healthcare. MITY manufactures and sells products for the global, commercial marketplace including banquet, stacking, and folding chairs; portable dance floors; staging; and partitions.[1]

In March 1994, MITY Enterprises went public, selling 900,000 shares of common stock at $5.25 per share. The company was listed on the NASDAQ under the ticker symbol MITY.[2]

In July 2007, Mity Enterprises merged with Sorenson Capital and Peterson Partners, both Salt Lake City-based private equity firms.[4]

Prospect Capital Corp. became the parent company of MITY in September of 2013. Christopher Galbraith was named as president of MITY in December of 2018.

History

MITY® Inc. was founded In 1987 as MityLite™ by Greg Wilson, who owned Church Furnishings, Inc, a company that made pews and other church furniture. He secured a $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.[2]

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.[2] In July 2007 Mity Enterprises merged with Sorenson Capital and Peterson Partners, both Salt Lake City-based private equity firms.[3]

In July 2007 Mity Enterprises merged with Sorenson Capital and Peterson Partners, both Salt Lake City-based private equity firms.[4]

Prospect Capital Corp. became the parent company of MITY in September of 2013. Christopher Galbraith was named as president of MITY in December of 2018.

Awards and recognition

In November 2009, MITY® Inc. as MityLite™ was awarded Manufacturer of the Year by Utah’s Manufacturing Extension Partnership.[4]

References

1. ^{{cite news|last=Wilhelm|title=Mity-Lite's Strategic Recipe: Innovation, Market Savvy, Scalability|url=http://www.mitylite.com/assets/targetmagazine.pdf|date=2011-02-18|access-date=2011-06-10|archive-url=https://web.archive.org/web/20111009114840/http://www.mitylite.com/assets/targetmagazine.pdf|archive-date=2011-10-09|dead-url=yes|df=}}
2. ^“Mity-Lite Corporation: The IPO Process,” {{webarchive|url=https://web.archive.org/web/20130623135901/http://marriottschool.byu.edu/cet/resources/cases/Mity-Lite.pdf |date=2013-06-23 }} Marriott School of Business, Brigham Young University
3. ^"MITY Enterprises, Inc. to Be Acquired by Sorenson Capital and Peterson Partners for $21.50 Cash Per Share" Business Wire, 3 May 2007
4. ^Manufacturing Extension Partnership website {{webarchive|url=https://web.archive.org/web/20100428084741/http://www.mep.org/newsletters.php |date=2010-04-28 }}

External links

  • MityLite corporate website
  • [https://web.archive.org/web/20130508183207/http://www.mitylite.com/catalog/ MityLite Catalog]

5 : Companies established in 1987|Furniture manufacturers|Manufacturing companies based in Utah|1987 establishments in Utah|Companies based in Orem, Utah

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