Schmitt Industries, Inc.
| Nasdaq: SMIT
Schmitt Industries, Inc. designs, manufactures and markets highly precise test, measurement and process control systems for a wide variety of industrial and commercial applications, including grinding process monitoring and control, surface finish and microroughness measurement, laser-based non-contact dimensional and distance measurement lasers and remote propane tank level monitoring. It operates its business through two segments: Balancer and Measurement. The Balancer segment includes consists of a vibration sensor, a computer control unit, and a balance head that is placed either externally on the grinding wheel spindle with the use of a spindle mounted adaptor or internally inside the spindle bore. The Measurement segment includes precision laser-based measurement systems for surface roughness and dimensional and distance measurement applications and ultrasonic measurement products for remote monitoring of chemical storage tanks. The company was founded in 1987 and is headquartered in Portland, OR.