Its products are used in research, quality control, and manufacturing processes in life sciences, food, chemical, and many other industries.
The Company's business is geographically diversified, with sales in 2023 derived 41% from North and South America, 27% from Europe, and 32% from Asia and other countries.
He was able to prove his concept with a local butcher, who realized that customers appreciated the automatic computation which eliminated the risk of overcharging.
[7] Additionally, a new scale line featuring a double pendulum mechanism and a dial face was introduced and was most suited for industrial applications.
Mettler diversified its product line in 1970 with the introduction of its automated titration systems, and the acquisition of balance manufacturer Microwa AG.
Mettler acquired its 500-employee competitor August Sauter KG, of Albstadt-Ebingen, Germany, in 1971, for its specialized industrial and retail scales.
The initial public offering was completed and began trading on the New York Stock Exchange, under the ticker symbol NYSE: MTD.
[12] Mettler Toledo produces precision laboratory instruments used for sample preparation, synthesis, analytical bench top activities, material characterization, and in-line measurement.
Their solutions integrate counter, self-service, backroom, and checkout functions, enabling the incorporation of fresh goods data into a supermarket’s overall food item and inventory management system.
Additionally, Mettler Toledo offers solutions for emerging areas like self-checkout and unmanned stores, along with AI-driven image recognition technology for fresh goods.
In North America and select other markets, offerings also encompass automated packaging and labeling solutions for meat backrooms, integrated with in-store scales.
[14] Mettler Toledo reports that it has one of the largest and broadest global sales and service organizations among precision instrument manufacturers.
The company offers specialized services to pharmaceutical customers, ensuring compliance with U.S. Food and Drug Administration (FDA) and other international regulations.
[16] Mettler Toledo updated its Design for Environment Principles in 2022 and made the setting of specific sustainability targets mandatory for all new product development projects.