SCHMITT INDUSTRIES INC (SMIT)
US8068702005 - Common Stock
SCHMITT INDUSTRIES INC
NASDAQ:SMIT (1/13/2023, 7:00:03 PM)
After market: 0.4075 -0.01 (-2.86%)0.4195
+0.04 (+10.39%)
Company Profile
Schmitt Industries, Inc. designs, manufactures and markets measurement and process control systems. The company is headquartered in Portland, Oregon and currently employs 157 full-time employees. The firm's operating businesses include propane tank monitoring solutions, precision measurement solutions and ice cream production and sales through the retail, wholesale, and e-commerce channels. The firm operates through two segments: Measurement Segment (SMS) and Ice Cream Segment. Its SMS family of products includes the Acuity and Xact product lines. Acuity products utilize both triangulation and time-of-flight measurement principles and are known for their speed and accuracy. Acuity products are used in a variety of industrial, commercial and research applications. Xact ultrasonic measurement technology monitors the fill levels of propane and other liquid tanks via satellite-connected devices. The firm's Ice Cream Segment is comprised of Ample Hills. Ample Hills primarily sells artisan ice cream directly to customers at its retail locations.
Company Info
SCHMITT INDUSTRIES INC
2765 NW Nicolai St
Portland OREGON 97210
P: 15032277908.0
CEO: Michael R. Zapata
Employees: 157
Website: https://www.schmittindustries.com/
SMIT News
San Diego, CA -- (SBWIRE) -- 02/17/2023 -- An investigation on behalf of current long-term investors in shares of Schmitt Industries, Inc. (NASDAQ:SMIT) concerning potential breaches of fiduciary duties by certain directors and officers of Schmitt Industries, Inc. was announced.
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