Latest News and Press Releases

PORTLAND, Ore., Dec. 18, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced that the Company, together with three directors (“Directors”)...

PORTLAND, Ore., Dec. 03, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced that its Board of Directors authorized a share repurchase plan...

PORTLAND, Ore., Nov. 27, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (“Schmitt” or the “Company”) (NASDAQ: SMIT) today announced that it has closed on the sale of its Schmitt Dynamic Balance...

PORTLAND, Ore., Oct. 23, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) is pleased to announce the appointment of Regina (“Gina”) Walker, CPA ("Ms....

STRATEGIC SALE TO TOSEI ENGINEERING CORPPURCHASE PRICE OF $10.5 MILLION IN CASHTOSEI LEASES SCHMITT’S 28TH STREET PROPERTY FOR 10-YEARS30-DAY GO SHOP PERIOD PORTLAND, Ore., Oct. 10, 2019 (GLOBE...

PORTLAND, Ore., Oct. 08, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced its operating results for the first quarter of Fiscal 2020. ...

PORTLAND, Ore., Aug. 26, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) announced today that Ann M. Ferguson submitted her letter of resignation as...

PORTLAND, Ore., Aug. 06, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced  its Xact™ Tank Monitoring Solutions (“Xact”) business line, a leading provider of...

BOARD APPOINTS MICHAEL R. ZAPATA AS CHIEF EXECUTIVE OFFICERIMPLEMENTATION OF PERFORMANCE-BASED PAY FOR EXECUTIVESIMPLEMENTATION OF SUGGESTED MINIMUM SHARE OWNERSHIP REQUIREMENTSPROPOSAL FOR...

PORTLAND, Ore., July 31, 2019 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced its financial results for the fiscal year ended May 31, 2019. For the year ended May 31,...