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Schmitt Industries, Inc.(SMIT)

Description: Schmitt Industries, Inc. designs, manufactures, and sells computer-controlled vibration detection, and balancing and process control systems 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, which consists of a computer 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 manufacturers' representatives and distributors. The Measurement segment designs, manufactures, and sells laser and white light sensors for distance, dimensional, and area measurement in various commercial applications; laser-based microroughness measurement products for the semiconductor wafer, hard disk drive, and other industrial applications; laser-based surface analysis and measurement products for various scientific applications; and ultrasonic measurement products that measure the liquid levels of propane tanks and transmit that data via satellite to a secure web site for display. Its products include surface roughness measurement products, such as TMS-2000-RC, a non-contact texture measurement system; and TMS-2000W-RC and TMS-3000W-RC for manufacturers of silicon wafers, device quality semiconductors, and memory devices. This segment also offers AccuRange sensors and scanners; Lasercheck, a line of surface roughness measurement gauges; Complete Angle Scatter Instrument Scatterometers; and Remote Tank Monitoring Products, including Xact Tank Monitoring Systems. The company was founded in 1984 and is headquartered in Portland, Oregon.


Keywords: Semiconductor Aerospace Laser Machine Tool Propane Process Control Metrology Vibration Disk Drive Scanner Hard Disk Drive Measurement Products Process Control Systems Memory Devices Tms Scientific Applications

Home Page: www.schmittindustries.com

SMIT Technical Analysis

2765 N.W. Nicolai Street
Portland, OR 97210
United States
Phone: 503 227 7908


Officers

Name Title
Mr. Michael R. Zapata Exec. Chairman, Pres & CEO
Mr. Philip Bosco CPA CFO & Treasurer
Ms. Donna Witkowski Pres of SBS

Exchange: NASDAQ

Country: US

Currency: US Dollar ($)

Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 5.5023
Price-to-Sales TTM: 0.3258
IPO Date: 1995-03-07
Fiscal Year End: May
Full Time Employees: 157
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