Schmitt Industries, Inc.

Schmitt Industries, Inc. is a leading designer and manufacturer of highly precise test, measurement, and process control systems established in 1987. The company operates through its Acuity® and Xact® product lines, offering a range of high precision test and measurement products, solutions, and services. The Acuity line specializes in laser and white light sensor distance measurement and dimensional sizing products, catering to a wide array of industries. On the other hand, the Xact line focuses on ultrasonic-based remote tank monitoring products, targeting the Internet of Things environment. Moreover, the company also owns and operates Ample Hills Creamery, a popular ice cream manufacturer and retailer situated in Brooklyn, NY. Schmitt Industries' prowess in providing high precision solutions makes it a promising investment opportunity in the manufacturing sector. As the company continues to innovate and expand its product lines, it presents a strong potential for growth and market penetration. Additionally, the acquisition of Ample Hills Creamery diversifies its portfolio, indicating an adaptive and forward-thinking approach. While specific recent investment information is not available at the moment, Schmitt Industries, Inc. stands as a compelling prospect for venture capital firms seeking to invest in a well-established, innovative, and diverse manufacturing company headquartered in the United States. With its history of delivering highly precise test and measurement solutions, Schmitt Industries presents an opportunity for venture capitalists to support the company's future endeavors and expansion plans.