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This is Fred Ball for Zions Bank, speaking on business.
What name comes to mind when you think of durable, lightweight folding tables and chairs? Is it Mity-Lite? The Orem-based company was founded in 1987 and for more than 15 years, has provided just about everything needed to host a gathering in churches, hotels, banquet halls and convention centers throughout the world. Chances are you've sat on a Mity-Lite chair and eaten on a Mity-Lite table at least once.
Well, Mity-Lite continues to make interesting products. Within the next three or four months, the company will introduce a comfortable stacking chair designed for schools, churches and parks and recreational facilities. The new design is based on the company's popular SwiftSet folding chair, which is known for easy setup and takedown, comfort, and toughness. The new chairs can be stacked up to 17 high and still carried through a regular-size doorway. In having made the announcement, Mity-Lite has already received some early requests.
Mity-Lite is also expanding and plans to build a new 60,000-square-foot facility to manufacture a new product line. Construction will begin soon across the street from the company's existing headquarters.
Mity-Lite also announced a partnership with the Windsor Casket Co. Windsor utilizes a Mity-Lite manufacturing process known as Thermoforming to produce caskets that look just like marble, granite or popular wood grains. The caskets are formed from sheets of plastic, laminated with an acrylic finish, using one-piece construction. Because of the materials used, they weigh less, cost less and have a tighter seal.
With Mity-Lite's innovative approach to manufacturing and design, it's no wonder the company has done so well. You know, just five years after it was founded, Mity-Lite began selling its products to other countries. It now sells to a lengthy list of clients in Canada, Great Britain, Western Europe, South America and the Pacific Rim. Last year, sales reached over $40 million, and this year, the company expects sales will grow.
For Zions Bank, I'm Fred Ball. I'm speaking on business.
