Mettler Toledo
| Mettler-Toledo International Inc.
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|---|---|
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| legal form | Incorporated |
| ISIN | US5926881054 |
| founding | 1989 |
| Seat | Columbus , United States |
| management | Olivier Filliol ( CEO ) |
| Number of employees | 15,400 |
| sales | $ 2.725 billion |
| Website | www.mt.com |
| As of December 31, 2017 | |
The Mettler Toledo Group , based in Columbus , Ohio and with its main operational headquarters in Greifensee , specializes in precision scales for professional use. The company is the world's largest manufacturer of weighing systems that cover a weighing range from 0.1 micrograms to 1000 tons. The range includes analytical instruments, systems for automated drug research and drug development, instruments for process analysis and control systems for the packaging, food and pharmaceutical industries, which are offered in over 100 countries.
In 2017, Mettler Toledo employed around 15,400 people worldwide and generated sales of almost 2.7 billion US dollars in the 2017 financial year. In 2014, Mettler Toledo achieved 35% of its sales in Europe, 35% in North and South America and 30% in Asia and other regions.
The company's shares are traded on the New York Stock Exchange .
history
In 1945, the Swiss engineer Erhard Mettler founded a precision engineering company in Küsnacht on Lake Zurich . He used the substitution principle and developed a single-shell scale for series production. In the laboratory, the single-pan analytical balance gradually replaced the conventional double-pan balance . In the 1950s, measurements were possible to within a tenth of a microgram .
In 1973 Mettler Instrumente AG launched the first fully electronic precision balance, the PT1200. This model was the world's first electronic balance that was approved for the highest accuracy class (Class I). Innovation activity resulted in a wide range of laboratory devices - including automatic titration machines and thermal analysis devices - as well as various products for industry. In the 1980s, the retail division became a third pillar alongside the laboratory and industrial division. Technological progress made it possible to turn shop scales into systems for managing fresh produce. In 1980 Mettler sold his company to Ciba-Geigy .
In 1989 Mettler acquired the Toledo Scale Corporation, the largest US manufacturer of industrial scales based in Columbus , Ohio . Its founder, Henry Theobald, had launched a retail scale with automatic weight and price display in 1901. Mettler Toledo emerged from the alliance of the two companies. In October 1996, Ciba-Geigy AG sold Mettler Toledo to AEA Investors in New York in preparation for the planned IPO. On November 14, 1997, the company closed its initial offering. Its shares have since been traded on the New York Stock Exchange under the ticker symbol MTD.
organization
The company is registered in Delaware , USA, but is headquartered in Greifensee , Switzerland . While the stock exchange activities are directed from the USA , the management operates from Switzerland. This comes about through the 1991 merger of Mettler and Toledo.
The sales organization for Germany is located in Giessen and goes back to the scales company Spoerhase, which Mettler bought in 1957. The company is the world's largest supplier of the three most widely used laboratory instruments - balances , pipettes and pH meters .
Mettler-Toledo instruments are used in research and development, including drug research, as well as in quality control in the pharmaceutical, chemical , food and cosmetics industries, among others .
Web links
Individual evidence
- ↑ Management
- ↑ a b c Mettler-Toledo International Inc .: Form 10-K Report 2017. (pdf) February 9, 2018, accessed May 30, 2018 .
- ^ A b Waagen Discounter: The Mettler Toledo company. Retrieved September 15, 2013 .
- ↑ Mettler Toledo Company Highlights 2017 (PDF, 2.2 MB) Accessed December 23, 2018.
- ↑ Mettler-Toledo International Inc .: Annual Report 2014. (pdf) (No longer available online.) March 11, 2015, archived from the original on June 6, 2017 ; Retrieved April 28, 2015 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Pierre Aerni and Bruno Nufer: 0.0000001 grams. Mettler Toledo - from beam scales to high resolution electronic scales. In: Franz Betschon , Stefan Betschon, Willy Schlachter (eds.): Engineers build Switzerland. First-hand history of technology. Volume 2. Verlag Neue Zürcher Zeitung, Zurich 2014, ISBN 978-3-03823-912-3 , pp. 258–266.
- ^ A b Mettler-Toledo International, Inc .: Frequent Questions. (No longer available online.) Archived from the original on June 6, 2017 ; Retrieved September 15, 2013 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ Mettler-Toledo International, Inc .: Group management: Olivier Filiol. Retrieved September 15, 2013 .
- ↑ Annual Report 2012, page 22
- ↑ Double success for Gießen in the competition 365 Landmarks in the Land of Ideas . Press release from Justus Liebig University Giessen, December 7, 2005
