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By Kent Larsen
MITY Sells Seating Business
OREM, UTAH -- Mormon-owned MITY Enterprises has sold its office and
auditorium seating businesses to Lux Steel Inc., of Elkhart, Indiana.
Lux already manufactures high-end office seating and intensive-use
seating, and the Domore Specialty office seating line it is
purchasing from MITY is already located in Elkhart. MITY is also
selling its JG auditorium seating line to USSC Group Inc. of King of
Prussia, Pennsylvania. For now, MITY retains its multipurpose room
seating, including its Mity-Host(TM) stacking chairs and SwiftSet(TM)
folding chairs. MITY president and CEO Gregory L. Wilson said, "As
previously announced, after reviewing all of our options, we decided
that it was in the long term best interest of MITY Enterprises and
its shareholders to exit the seating business." Founded in 1987,
MITY Enterprises Inc. designs, manufactures and markets innovative
institutional furniture created to meet the efficiency needs of its
customers. The company focuses on providing premium quality
institutional furniture products to niche markets. The product lines
consist of multipurpose room furniture, healthcare seating, call
center furniture and office systems.
Source:
MITY Enterprises Inc. Sells DO Group Seating Businesses
Business Wire 9Oct01 B4
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