| Business Summary | | MITY
Enterprises,
Inc.
(formerly
known
as
Mity-Lite,
Inc.)
designs,
manufactures
and
markets
institutional
furniture
created
to
meet
the
efficiency
needs
of
its
customers.
The
Company
focuses
on
providing
furniture
products
to
niche
markets,
and
its
product
lines
include
multi-purpose
room
furniture,
specialty
office
seating
and
systems
and
healthcare
seating.
MITY
Enterprises
sells
its
line
of
multi-purpose
room
furniture
both
domestically
and
internationally
in
educational,
recreational,
hotel
and
hospitality,
government,
office,
healthcare,
church
and
other
public
assembly
markets.
The
Company
sells
its
specialty
office
seating
and
systems
products
domestically
and
internationally
in
the
call
center,
high-density
office
use,
corporate
and
dispatch
markets.
MITY
Enterprises
sells
its
healthcare
seating
mainly
in
Canada
and
the
United
States
in
the
long-term
healthcare
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MITY
designs,
manufactures,
and
markets
lightweight,
durable
folding
tables,
stacking
chairs
and
other
related
products
for
multi-purpose
rooms.
For
the
three
months
ended
6/30/01,
revenues
increased
1%
to
$11.1
million.
Net
income
from
continuing
operations
increased
2%
to
$1.3
million.
Revenues
reflect
sales
growth
in
the
Company's
healthcare
chair
operations.
Earnings
also
reflect
higher
personnel
costs
and
increased
prototyping
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Gregory Wilson, 53 Chairman,
Pres, CEO | $216K | Bradley Nielson, 39 Chief
Financial and Operating Officer | 192K | John Johnson, 54 VP | -- | Paul Killpack, 32 Treasurer | -- | Gregory Dye, 41 Sec. | 109K | Dollar
amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|