Gregory L. Wilson, president and chief executive officer of Mity-Lite Inc., based in Orem, has announced an increase in net sales for the third quarter totaling $5.7 million, up 25 percent from $4.5 million a year ago.
Net income for Mity-Lite for the quarter was $644,000, up 10 percent from last year. For the nine-month period ending Dec. 31, 1997, net sales totaled $19.7 million, up 37 percent from $14.1 million a year ago.Wilson attributes the sales growth during the quarter to growth in the church and hospitality market segments.
"We are encouraged by the continued strong demand we are experiencing for our products, especially during the traditional slower winter months," Wilson said. "Our bookings remain strong."
The group designs, manufactures and markets a variety of office seating and panel systems.