Schmitt Industries Inc. (SMIT)
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-28.18%
Pre-market May 26, 2023, 11:08 AM EDT

Company Description

Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide.

The company operates through two segments, Measurement and Ice Cream.

The Measurement segment designs, manufactures, and sells laser and confocal chromatic white light sensors for distance measurement and dimensional sizing products under the Acuity brand name for various industrial applications, including manufacturing, lumber production, steel casting, glass and paper production, medical imaging, crane control and micron-level part, and surface inspection.

It also offers AR550 high speed laser sensor for application in vibration measurements, scanning of roads, vehicle crash tests, and ballistic measurements; AS2100, an accurate distance sensor, used in metal production, transportation industry, process control, and fill level measurement applications; and satellite focused remote tank monitoring products under the Xact brand that measure the fill levels of tanks holding propane, diesel, and other tank-based liquids, as well as related monitoring services, including transmission of fill data from the tanks via satellite to a secure website for display.

The Ice Cream segment manufactures, wholesales, and retails ice creams and ice cream cakes, as well as sells through its website; and serves ice cream at catering events and holds various community-building events comprising ice cream classes, and live comedy and music performances through Ample Hills Creamery brand.

Schmitt Industries, Inc. was founded in 1984 and is headquartered in Portland, Oregon.

Schmitt Industries Inc.
Schmitt Industries Inc. logo
Country United States
IPO Date Jan 30, 1995
Industry Hardware, Equipment & Parts
Sector Technology
Employees 157
CEO Michael R. Zapata

Contact Details

Address:
2765 N.W. Nicolai Street
Portland, Oregon
United States
Website https://www.schmittindustries.com

Stock Details

Ticker Symbol SMIT
Exchange NASDAQ
Fiscal Year June - May
Reporting Currency USD
CIK Code 0000922612
CUSIP Number 806870200
ISIN Number US8068702005
Employer ID 93-1151989
SIC Code 3823

Key Executives

Name Position
Michael R. Zapata Executive Chairman, President & Chief Executive Officer
Donna Witkowski President of SBS

Latest SEC Filings

Date Type Title
Sep 08, 2023 SEC STAFF ACTION Filing
Apr 13, 2023 4 Filing
Feb 03, 2023 8-K Current Report
Jan 25, 2023 25-NSE Filing
Dec 23, 2022 SC 13D/A [Amend] Filing
Nov 17, 2022 4 Filing
Nov 17, 2022 3 Filing
Nov 16, 2022 8-K Current Report
Nov 14, 2022 SC 13D/A [Amend] Filing
Nov 10, 2022 3 Filing