Hussey Seating hits record $100M in revenue
Hussey Seating Co. reported record revenue of $100 million for its most recent fiscal year.
The company also had its largest profit-sharing contribution for its employees.
A chunk of business in Nashville contributed to the North Berwick company’s year: It replaced 65,500 seats in Nissan Stadium, home of the NFL Tennessee Titans, and 17,000 seats in Bridgestone Arena, home to the NHL’s Nashville Predators.
Even with that, Hussey’s primary market isn’t the professional event venue market, but rather the K-12 and college and university market for space-saving telescopic bleachers.
“If you’re sitting on a bleacher anywhere in North America, there’s a 50% chance it was made right here in North Berwick,” said Gary Merrill, president and CEO.
Hussey said that 98% of its business was from outside the state of Maine, yet the company had a local payroll of $15 million.
Hussey, which was founded in 1835, has 270 full-time employees. It’s a family owned business in the sixth generation of operation.
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