Schmitt Industries, Inc. operates in the Process control instruments sector. Schmitt Industries, Inc designs, manufactures and markets computer-controlled vibration detection and balancing equipment (the Balancer Segment) primarily to the machine tool industry. The Company operates in two segments: the Balancer segment and the Measurement segment. Through its wholly owned subsidiary, Schmitt Measurement Systems, Inc. (SMS), an Oregon corporation, it designs, manufactures and markets precision laser-based surface measurement products for a range of commercial applications in addition to the disk drive, silicon wafer and optics industries; laser-based distance measurement products for a range of industrial applications; and ultrasonic measurement products that accurately measure the fill levels of liquefied propane tanks and transmit that data via satellite to a secure Website (the Measurement Segment). It also sells and markets its products in Europe through its wholly owned subsidiary, Schmitt Europe Ltd. (SEL), located in the United Kingdom. In our complete report available for purchase the company is compared to: Scientific Industries, Inc., Profire Energy, Incorporation and Electromed, Incorporation.