Schmitt Industries, Inc.
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- Schmitt Industries, Inc. (SMIT) designs, manufactures, and sells high-precision test and measurement products worldwide through its Measurement segment; core offerings include Acuity brand laser and confocal chromatic white light sensors for distance measurement, dimensional sizing, thickness gauging, displacement measurement, surface profile scanning, crane positioning, road profiling, tire production, semiconductor manufacturing, lumber production, steel casting, glass and paper production, medical imaging, and micron-level part inspection; AR2700 high-speed long-range sensors for bridge crane monitoring, trolley positioning, and altitude measurements; Xact brand satellite-based remote tank monitoring systems using external ultrasonic sensors to measure fill levels of propane, diesel, jet fuel, ammonia, and other liquids with data transmission to secure websites; and legacy Schmitt Dynamic Balance System for in-process dynamic balancing of precision grinding machines. The company, founded in 1987 and headquartered in Portland, Oregon, also operates an Ice Cream segment through Ample Hills Creamery, manufacturing, wholesaling, retailing ice cream, ice cream cakes, and related products via e-commerce, catering events, and community activities including ice cream classes and live performances. In 2024, Schmitt Industries sells its Ample Hills Creamery subsidiary to ADM Capital for $6 million to refocus on core industrial measurement solutions amid declining measurement segment revenue of 6.9% to $5.366 million and ongoing operating losses; the firm maintains ISO 9001 certification from TUV Rheinland of North America and wholly owns its Acuity Lasers, Xact Tank Monitor, and legacy balancing product lines while trading on OTCPK with operations primarily in North America and global industrial applications.
Schmitt Industries (NASDAQ:SMIT) Share Price Passes Below 200-Day Moving Average – Should You Sell?
Deadline Alert: Bronstein, Gewirtz & Grossman, LLC, A Top Firm, Notifies Schmitt Industries, Inc. (SMIT) Investors of Class Action and Encourages Investors to Actively Participate
SCHMITT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Schmitt Industries, Inc. and Encourages Investors to Contact the Firm
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Schmitt Industries, Inc. (SMIT)
Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed on Behalf of Schmitt Industries, Inc. (SMIT) Investors and Encourages Investors to Contact the Firm Before December 12, 2022
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Schmitt Industries, Inc. Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Commenced by the Firm – SMIT
Schmitt Industries, Inc. (SMIT) Class Action: Contact Robbins LLP if You Have Significant Losses in Schmitt Industries, Inc.
ROSEN, A TOP RANKED FIRM, Encourages Schmitt Industries, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm – SMIT
Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Schmitt Industries, Inc. (SMIT) Investors
Bronstein, Gewirtz & Grossman, LLC, A Top Firm, Notifies Schmitt Industries, Inc. (SMIT) Investors of Class Action and Encourages Investors to Actively Participate
ROSEN, A LEADING LAW FIRM, Encourages Schmitt Industries, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm – SMIT
Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Schmitt Industries, Inc. (SMIT)
Schmitt Industries, Inc. (SMIT) Shareholder Update: Robbins LLP Reminds Investors of Class Action Against Schmitt Industries, Inc.
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Schmitt Industries, Inc. (SMIT)
The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Schmitt Industries, Inc. (SMIT) Investors
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Schmitt Industries, Inc. (SMIT) Investors
INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Schmitt Industries, Inc. (SMIT) Investors
Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Schmitt Industries, Inc. (SMIT) Investors
SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm
SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm