Mettler-Toledo International, Inc. (MTD) Dividend History

Mettler Toledo is a multinational manufacturer of scales and analytical instruments. It is the largest provider of weighing instruments for use in laboratory, industrial, and food retailing applications. The company also provides various analytical instruments, process analytics instruments, and end-of-line inspection systems. The company operates worldwide with 70% of net sales, derived in equal parts, from Europe and from the Americas. Asian business is included in the remaining 30%. Mettler Toledo is headquartered in Switzerland and incorporated in the United States. Allen DeVilbiss, Jr. was an inventor who lived in Toledo, Ohio, United States. He became interested in the concept of weighing machines, and conceived the idea of an automatic computing pendulum scale. 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. While his invention gained in popularity, DeVilbiss was not interested in making it a viable business.[self-published source]

Last update 12/11/2023