SECURITIES AND EXCHANGE
COMMISSIONWashington, DC 20549

FORM 10-QSB

[X]       
          QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT
          OF 1934

For
the quarterly period ended October 31, 2003 or

[  ]       TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE      SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to ___________

Commission
File No. 1-5926

MILLER INDUSTRIES, INC.
(Exact Name of Registrant as Specified in its Charter)

|Florida                                                        | 59-0996356                          
|-------------------------------------------------------------- | ------------------------------------
|(State or Other Jurisdiction of
Incorporation or Organization) | (I.R.S. Employer Identification No.)

16295 N.W. 13th Avenue., Miami, Florida 33169
(Address of Principal Executive Offices)

(305)
621-0501 (Registrants telephone number, including area code)

Not Applicable (Former Name, Former
Address and Former Fiscal Year, if Changed Since Last Report)

Indicate
by check mark whether the registrant: (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days.

Yes [  ]      No [X]

The
number of shares outstanding of each of the issuers classes of common stock, par
value $.05 per share, as of October 31, 2003 is 2,982,662 shares.

---

MILLER INDUSTRIES,
INC.FORM 10-QSB October 31, 2003 INDEX

|                                                           |  | Page No |  |  | 
|---------------------------------------------------------- |  | ------- |  |  | 
|PART I:  FINANCIAL INFORMATION                             | 
|Item 1.  Financial Statements                              | 
|Balance Sheets                                             |  | 1       | 
|Statement of Operations - Three and Six Months Ended       |  | 2-3     | 
|Statement of Cash Flows - Three and Six Months Ended       |  | 4       | 
|Notes to Financial Statements                              |  | 5       | 
|Item 2.  Management's Discussion and Analysis of Financial |  |         |  |  | 
|Condition and Results of Operations                        |  | 6       | 
|Item 3.  Controls and Procedures                           |  | 10      |  |  | 
|PART II: OTHER INFORMATION                                 | 
|Items 1 to 6                                               |  | 12      | 
|Signatures                                                 |  | 12      | 

MILLER INDUSTRIES, INC.

BALANCE SHEETS

October 31, 2003

(UNAUDITED)

|                                                     | 
|---------------------------------------------------- | 
|ASSETS                                               | 
|Investment Property:                                 | 
|Land                                                 | 
|Building and improvements                            | 
|Machinery and equipment                              | 
|Furniture and fixtures                               | 
|                                                     | 
|Total cost                                           | 
|Less: Accumulated depreciation                       | 
|                                                     | 
|Net book value                                       | 
|Other Assets:                                        | 
|Cash                                                 | 
|Inventories                                          | 
|Prepaid expenses and other assets                    | 
|Deferred lease incentive (net of accumulated         | 
|amortization of $21,913)                             | 
|Loan costs(net of accumulated amortization           | 
|of $10,539)                                          | 
|                                                     | 
|Total other assets                                   | 
|                                                     | 
|Total assets                                         | 
|                                                     | 
|LIABILITIES AND SHAREHOLDERS' DEFICIENCY             | 
|Liabilities:                                         | 
|Mortgages and notes payable                          | 
|Accounts payable and accrued expenses                | 
|Tenant security deposits                             | 
|                                                     | 
|Total liabilities                                    | 
|Shareholders' Deficiency:                            | 
|Common Stock, $.05 par, 5,000,000 shares authorized, | 
|shares issued and outstanding                        | 
|Paid-in capital                                      | 
|Deficit                                              | 
|                                                     | 
|Total shareholders' deficiency                       | 
|                                                     | 
|Total liabilities and shareholders' deficiency       | 
|                                                     | 

See accompanying notes to financial
statements.1

MILLER INDUSTRIES, INC.

STATEMENT OF OPERATIONS

FOR THE THREE MONTHS
ENDED OCTOBER 31, 2003 AND 2002

(UNAUDITED)

|                                                     | Three Months Ended
   October 31,
|---------------------------------------------------- | ---------------------------------
|
|Revenues:                                            |                                  
|Rental income                                        |                                  
|Hardware sales (net)                                 |                                  
|Other income                                         |                                  
|                                                     |                                  
|Total revenue                                        |                                  
|                                                     |                                  
|Expenses:                                            |                                  
|Rental expense (except interest)                     |                                  
|Cost of hardware sales                               |                                  
|Administrative                                       |                                  
|Interest                                             |                                  
|                                                     |                                  
|Total expenses                                       |                                  
|                                                     |                                  
|Income (loss) before tax provision                   |                                  
|                                                     |                                  
|Provision (credit) for Income Tax:                   |                                  
|Federal income tax                                   |                                  
|State income tax                                     |                                  
|Tax benefits of net operating loss carryforward      |                                  
|                                                     |                                  
|Total provision for income tax (net of tax benefits) |                                  
|                                                     |                                  
|Net income (loss)                                    |                                  
|                                                     |                                  
|Income (loss) per common share                       |                                  
|                                                     |                                  
|Average shares of common stock outstanding           |                                  
|                                                     |                                  

See accompanying notes to financial
statements.2

MILLER INDUSTRIES, INC.

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS
ENDED OCTOBER 31, 2003 AND 2002

(UNAUDITED)

|                                                     | Six Months Ended
  October 31,
|---------------------------------------------------- | ------------------------------
|
|Revenues:                                            |                               
|Rental income                                        |                               
|Hardware sales (net)                                 |                               
|Other income                                         |                               
|                                                     |                               
|Total revenue                                        |                               
|                                                     |                               
|Expenses:                                            |                               
|Rental expense (except interest)                     |                               
|Cost of hardware sales                               |                               
|Administrative                                       |                               
|Interest                                             |                               
|                                                     |                               
|Total expenses                                       |                               
|                                                     |                               
|Income (loss) before tax provision                   |                               
|                                                     |                               
|Provision for Income Tax:                            |                               
|Federal income tax                                   |                               
|State income tax                                     |                               
|Tax benefits of net operating loss carryforward      |                               
|                                                     |                               
|Total provision for income tax (net of tax benefits) |                               
|                                                     |                               
|Net income (loss)                                    |                               
|                                                     |                               
|Income (loss) per common share                       |                               
|                                                     |                               
|Average shares of common stock outstanding           |                               
|                                                     |                               

See accompanying notes to financial
statements.3

MILLER INDUSTRIES, INC.

STATEMENT OF CASH FLOWS

FOR THE SIX MONTHS
ENDED OCTOBER 31, 2003 AND 2002

(UNAUDITED)

|                                                                      | Six Months Ended
  October 31,
|--------------------------------------------------------------------- | ------------------------------
|
|Cash Flows From Operating Activities:                                 |                               
|Net income (loss)                                                     |                               
|Adjustments to reconcile net income to net cash provided by operating |                               
|activities:                                                           |                               
|Depreciation                                                          |                               
|Amortization                                                          |                               
|Changes in operating assets and liabilities                           |                               
|                                                                      |                               
|Net cash provided by operating activities                             |                               
|                                                                      |                               
|Cash Flows From Investing Activities:                                 |                               
|Acquisition of property and equipment                                 |                               
|                                                                      |                               
|Net cash (used in) investing activities                               |                               
|                                                                      |                               
|Cash Flows From Financing Activities:                                 |                               
|Principal payments under borrowings                                   |                               
|Addition to debt                                                      |                               
|                                                                      |                               
|Net cash provided by (used in) financing activities                   |                               
|                                                                      |                               
|Net increase in cash                                                  |                               
|Cash at the beginning of year                                         |                               
|                                                                      |                               
|Cash at the end of year                                               |                               
|                                                                      |                               
|Additional Cash Flow Information:                                     |                               
|Cash paid for interest                                                |                               
|                                                                      |                               
|Cash paid for income tax                                              |                               
|                                                                      |                               

See accompanying notes to financial
statements.4

MILLER INDUSTRIES, INC.

NOTES TO FINANCIAL
STATEMENTS

OCTOBER 31, 2003

(UNAUDITED)

_________________

NOTE A  BASIS OF
PRESENTATION:

The
accompanying unaudited financial statements have been prepared in accordance with
generally accepted accounting principles for interim financial information and with the
instructions to Article 10 of Regulation S-X. Accordingly, they do not include all of the
information and footnotes required by generally accepted accounting principles for
complete financial statements. In the opinion of management, all adjustments (consisting
of normal recurring accruals) considered necessary for a fair presentation have been
included. Operating results for the six month period ending October 31, 2003 are not
necessarily indicative of results that may be expected for the year ended April 30, 2004.

For
further information, refer to the financial statements and footnotes thereto of the
Company as of April 30, 2003 and for the year ended April 30, 2003.

NOTE B  INCOME PER
SHARE:

Basic
earnings per share (EPS) is computed by dividing net income available to
common stockholders by the weighted average number of common stock shares outstanding
during the year. Diluted EPS is computed by dividing net income available to common
stockholders by the weighted average number of common stock shares outstanding during the
year plus potential dilutive instruments such as stock options and warrants. The effect of
stock options on diluted EPS is determined through the application of the treasury stock
method, whereby proceeds received by the Company based on assumed exercises are
hypothetically used to repurchase the Companys common stock at the average market
price during the period. Loss per share is unchanged on a diluted basis since the Company
has no potentially dilutive securities outstanding.

NOTE C  OTHER
MATTERS

Effective
August 9, 2002, a tenants secured lender seized the tenants secured assets
which terminated the business of the tenant. Rental income that was terminated August 9,
2002 approximated $7,500 per month or $90,000 per year.

Effective
January 31, 2003, a tenants lease expired and the tenant vacated the premises.
Rental income that was terminated January 31, 2003 approximated $15,000 per month or
$180,000 per year.

5

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Results of Operations (Second Quarter of 2004 Fiscal Year v. Second Quarter of 2003 Fiscal Year)

Rental Income

The
Companys results of operations are primarily dependant upon the rental income which
it receives from leasing space in its building. Rental income is a function of the
percentage of the building which is occupied, and the level of rental rates. Rental income
during the second quarter of the 2004 fiscal year was $56,000, compared with $112,000 in
the second quarter of 2003. During the second quarter of 2004, approximately 57% of the
Companys warehouse was leased, compared to 51% to 2003.

Hardware Sales

The
Company receives revenue from the sale of replacement parts for the sliding glass doors
and windows formerly manufactured by the Company. The Company utilizes its existing
inventory of these parts to support these sales. These sales were $2,000 in 2004 and
$9,000 in 2003. The Company generally expects demand for the replacement parts to decline
over time due to the eventual replacement of the Companys doors and windows by
current owners.

Other Income

The
Company generated other income of $2,000 in the second quarters of 2004 and 2003. Other
income consists of interest income and miscellaneous income.

Rental Expense (Excluding
Interest)

The
Company incurs rental expense in connection with the leasing of its building. These
expenses consist of management fees, insurance, real estate taxes, depreciation and
amortization, insurance, maintenance and repairs, utility costs and outside services.
Rental expenses were $40,000 in the second quarter of 2004 and $31,000 in the second
quarter of 2003. The principal components were management fees ($9,000 in 2004 and $9,000
in 2003), taxes ($10,000 in 2004 and $9,000 in 2003), depreciation and amortization
($5,000 in 2004 and $6,000 in 2003) and insurance ($5,000 in 2004 and $4,000 in 2003). The
$5,000 increase in 2004 was due to the additional taxes and insurance costs.

Cost of Hardware Sales

The
Company records the cost of its hardware sales in connection with the sale of replacement
parts to customers of its former window and sliding glass door business. These costs are
tied to the level of hardware sales. These costs were not material in the second quarter
of 2004 and $4,000 in the second quarter of 2003.

6

Administrative Expenses

The
Companys administrative expenses were $12,000 in 2004, compared to $8,000 in 2003.
They primarily consist of accounting and legal fees ($7,000 in 2004 compared to $4,800 in
2003), and shareholders expenses ($2,800 in 2004 and $2,900 in 2003).

Interest Expense

The
Company pays interest on the mortgage loan on its building. Interest expense on the loan
was $18,000 in 2004 compared to $21,000 in 2003. The decease in the amount of interest was
attributable to a decline in the prime rate. The loan bears interest at prime plus
1⁄2%.

Provision for Income Taxes

The
Company recorded a credit for income tax of $2,000 in 2004, compared to a provision of
$17,000 in 2003, based upon the Companys income (loss) during these periods. The
provision in 2003 was completely offset by the carryforward of the Companys net
operating losses.

Net Income

As
a result of the foregoing factors, the Company had net loss of $10,000 in the second
quarter of 2004, compared to net income of $59,000 in the second quarter of 2002.

Results of Operations (First Half of 2004 Fiscal Year Compared to First Half of 2003 Fiscal Year)

Rental Income

The
Companys results of operations are primarily dependant upon the rental income which
it receives from leasing space in its building. Rental income is a function of the
percentage of the building which is occupied, and the level of rental rates. Rental income
during the first half of the 2004 fiscal year was $115,000, compared with $217,000 in the
first half of 2003. During the first half of 2004, approximately 57% of the Companys
warehouse was leased, compared to 51% to 2003.

Hardware Sales

The
Company receives revenue from the sale of replacement parts for the sliding glass doors
and windows formerly manufactured by the Company. The Company utilizes its existing
inventory of these parts to support these sales. These sales were $4,000 in the first half
of 2004 and $13,000 in 2003. The Company generally expects demand for the replacement
parts to decline over time due to the eventual replacement of the Companys doors and
windows by current owners.

Other Income

The
Company generated other income of $3,000 in the first half of 2004 and $5,000 in the first
half of 2003. Other income consists of interest income and miscellaneous income.

7

Rental Expense (Excluding
Interest)

The
Company incurs rental expense in connection with the leasing of its building. These
expenses consist of management fees, insurance, real estate taxes, depreciation and
amortization, insurance, maintenance and repairs, utility costs and outside services.
Rental expenses were $73,000 in the first half of 2004 and $57,000 in the first half of
2003. The principal components were management fees ($18,000 in 2004 and $18,000 in 2003),
taxes ($21,000 in 2004 and $17,000 in 2003), depreciation and amortization ($10,000 in
2004 and $9,900 in 2003) and insurance ($10,000 in 2004 and $7,000 in 2003). The $8,000
increase in 2003 was due to the additional taxes, depreciation and insurance costs.

Cost of Hardware Sales

The
Company records the cost of its hardware sales in connection with the sale of replacement
parts to customers of its former window and sliding glass door business. These costs are
tied to the level of hardware sales. These costs were $1,000 in the first half of 2004 and
$5,000 in the first half of 2003.

Administrative Expenses

The
Companys administrative expenses were $32,000 in the first half of 2004, compared to
$39,000 in 2003. They primarily consist of accounting and legal fees ($11,000 in 2004
compared to $8,800 in 2003), and shareholders expenses ($5,400 in 2004 and $5,000 in
2003).

Interest Expense

The
Company pays interest on the mortgage loan on its building. Interest expense on the loan
was $32,000 in the first half of 2004 compared to $39,000 in 2003. The decease in the
amount of interest was attributable to a decline in the prime rate. The loan bears
interest at prime plus 1⁄2%.

Provision for Income Taxes

The
Company recorded a provision of $34,000 in the first half of 2003, based upon the
Companys income during this period. The provision in 2003 was completely offset by
the carryforward of the Companys net operating losses.

Net Income

As
a result of the foregoing factors, the Company had net loss of $3,000 in the first half of
2004, compared to net income of $119,000 in the first half of 2002.

8

Liquidity and Capital
Resources

The
Companys cash increased by $13,000 during the first six months of the 2004 fiscal
year compared with an increase of $66,000 during the first six months of fiscal year 2003.
The increase in cash in 2004 was due to cash flow from operations. As of July 31, 2003,
the Companys cash position was approximately $772,000.

Current Operations

The
Company operates as a real estate investment and management company. The Company is
currently seeking to obtain additional commercial tenants for its existing building.

The
Companys principal operating expenses consist of management and professional fees
associated with the administration of the Company, interest expense on the Companys
new mortgage loan, real estate taxes and insurance. At the present time only 61% of the
Companys building is leased.

The
Companys business plan also contemplates the acquisition of additional
income-producing properties. The Company hopes to acquire such properties through a
combination of financing from third parties, seller financing and issuance of the
Companys equity securities.

The
Companys business plan is subject to significant uncertainty. There can be no
assurance that the Company will be able to obtain a sufficient number of additional
tenants in order to fully lease its existing building and to meet its debt service
requirements and operating expenses. Furthermore, there can be no assurance that the
Company will be able to locate or acquire suitable properties in order to expand its
holdings of real property.

9

ITEM 3.  CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls
and Procedures. The Company maintains controls and procedures designed to ensure that
information required to be disclosed in the reports that the Company files or submits
under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported
within the time periods specified in the rules and forms of the Securities and Exchange
Commission. Based upon his evaluation of these controls and procedures performed as of
October 31, 2003, the Chief Executive Officer and Chief Financial
Officer of the Company concluded that the Companys disclosure controls and
procedures were adequate.

Changes in Internal Controls.
The Company made no significant changes in its internal controls or in other factors that
could significantly affect internal controls subsequent to the date of their evaluation by
the Chief Executive Officer and Chief Financial Officer.

10

PART II.  OTHER INFORMATION

ITEM 6.  REPORTS ON FORM 8-K

(a)   
Exhibits

|Exhibit No. | Description                                                                                                                                                                                                                                                                                         
|----------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|31
  
32    | Certification of Chief Executive  Officer and Chief Financial  Officer,
pursuant to Rule 13a - 14(a).
Certification   of  Chief   Executive   Officer  and  Chief   Financial
Officers,  pursuant to 18 U.S.C.  Section 1350, as adopted  pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002.

(b)    
          Reports on Form 8-K.

Not
applicable.

SIGNATURE

Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.

|Dated:   February 17, 2004 | MILLER INDUSTRIES, INC.
     (Registrant)
By:     /s/  Angelo Napolitano           
        Angelo Napolitano
        Chairman of the Board of Directors
        Chief Executive Officer
        Principal Financial Officer
|-------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------