Schmitt Industries (SMIT)

Overall impact
C (52)

Commentary

Schmitt Industries is an average overall performer. With a 'C' rating of 52.2 for overall impact (45th percentile compared to all companies), Schmitt Industries ranks 25th out of 47 industry peers, behind Mechanical Technology, Flexpoint Sensor Systems, Hexagon and 21 others, and ahead of Coherent, Sensata Technologies, Vontier and 19 others. On top material causes for Schmitt Industries's industry (Technology Hardware), Schmitt Industries performs well in Conflict Free Mineral Production (82.0 score) and performs poorly in Quality Lifelong Education (30.3 score), No Poverty (37.7), Technology Innovation (13.6) and 3 other causes where it received a 'D' or 'F' score.
Impact
Cause SMIT
Peer rank
Overall impact

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Company
Employees
157
Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Sub-industry
Electronic Equipment & Instruments
SASB industry
Medical Equipment & Supplies
Headquarters
Or, United States
Share classes
SMIT
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 the AR2700 high-speed long-range sensor for applications in bridge crane monitoring, trolley positioning, and altitude measurements; an 8-inch touch panel display with a full suite of connection ports; 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. Additionally, it provides related monitoring services, including the 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, ice cream cakes, and related products, as well as sells through its website. It serves ice cream at catering events and holds various community-building events comprising ice cream classes, and live comedy and music performances through the Ample Hills Creamery brand. Schmitt Industries, Inc. was incorporated in 1984 and is headquartered in Portland, Oregon.
Material causes
Ethos considers the following causes material for Schmitt Industries, based on its industry sub-industry Electronic Equipment & Instruments. Learn more about material causes in our methodology overview.
Not available

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