Schmitt Industries, Inc.

Schmitt Industries, Inc. is an American company headquartered in Portland, Oregon, United States. The Company wholly ownsAcuity^® LasersandXact^® Tank Monitorproduct lines as well as Ample Hills Acquisition LLC.

Schmitt Industries designs, manufactures and markets highly precise test and measurement products for a wide variety of applications. The Company was founded in 1987 and continued to grow in the early 2000’s with the acquisition of the Acuity™ line ofdimensional and distance measurement lasers. These laser products utilize bothtriangulationandtime-of-flightmeasurement principles and are known for their speed and accuracy. The Acuity products are used in a wide variety of industrial, commercial and researchmeasurement applications.Common applications includethickness measurement,displacement measurement, andcrane positioning.

In 2007, the Company purchasedXact™ ultrasonic measurementtechnology for the remote monitoring of the fill levels of propane and other liquid tanks. The Xact system sends a “ping” through the tank wall and then detects the echo. This time-of-flight data, along with other information such as tank size and configuration, is used to calculate the fill level and that data is transmitted by satellite to a secure website for display. Typical users are bulk propane, diesel, jet fuel suppliers and ammonia users and distributors.

In 2020, the Company acquired Ample Hills Acquisition LLC, operating within that branchAmple Hills Creamery, a beloved ice cream manufacturer and retailer based in Brooklyn, NY.

Today, Schmitt Industries is one of the world leaders in providing highly precise test and measurement products, as well as providing a diversified portfolio focused on quality consumer products. Schmitt Industries is anISO 9001 certifiedcompany.