Skip to search.

Breaking News Visit Yahoo! News for the latest.

×Close this window

 Dow Up0.06% Nasdaq Down0.01%

Schmitt Industries, Inc. (SMIT)

-NasdaqCM

2.92 Down 0.03(1.02%) May 24, 9:30AM EDT

Add to Portfolio
ProfileGet Profile for:
Schmitt Industries, Inc.
2765 NW Nicolai Street
Portland, OR 97210
United States - Map
Phone: 503-227-7908
Fax: 503-223-2158
Website: http://www.schmitt-ind.com

Details 
Index Membership:N/A
Sector:Technology
Industry:Scientific & Technical Instruments
Full Time Employees:48

Business Summary 

Schmitt Industries, Inc. engages in the design, manufacture, and marketing of computer-controlled vibration detection and balancing equipment primarily to the machine tool industry in North America, Europe, and Asia. It operates in two segments, Balancer and Measurement. The Balancer segment offers Schmitt Dynamic Balance System consisting of a computerized control unit, vibration sensor, spindle-mounting adapter, and balance head, as well as an optional acoustical emission monitoring system to monitor the frequency signals generated on the grinding machine. This segment provides its products to manufacturers and operators of grinding machines covering various industries, such as automotive, aerospace, medical, and machine tools through independent manufacturersÂ’ representatives and distributors. The Measurement segment designs, manufactures, and markets a line of laser-based precision test and measurement products; offers an ultrasonic product for measuring the fill levels of liquid propane tanks to the manufacturers of hard disk drives, silicon wafers, and optical products; and operates a precision laser light scatter measurement laboratory. This segmentÂ’s products include surface roughness measurement products that consist of TMS-2000-RC, a non-contact texture measurement system, as well as TMS-2000-DUV-RC, which measures the surface micro roughness of ceramic/glass; distance measurement and dimensional sizing products that includes AccuRange series sensors and scanners; and remote tank monitoring products, such as Xact product to detect and measure the capacity and volume of liquid propane tanks. This segment also provides CASI Scatterometers, which measure surface quality, optical performance, smoothness, appearance, defects, and contamination of materials. The company was founded in 1984 and is headquartered in Portland, Oregon.

Key Statistics


Company Websites 
Home Page
Search Yahoo! for:
More on Schmitt Industries, Inc.

Key Executives 
 PayExercised
Mr. James A. Fitzhenry , 58
Chief Exec. Officer, Pres and Director
172.00K0.00
Mr. David W. Case , 49
VP of Operations
151.00K0.00
Ms. Ann M. Ferguson ,
Chief Financial Officer and Treasurer
N/AN/A
Ms. Linda M. Case , 68
Sec.
N/AN/A
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
View Insiders