Mettler Toledo

Mettler-Toledo (NYSE: MTD) 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 35% of net sales derived from both Europe and the Americas, and 30% from Asia and other countries.

Formation and history

Toledo Scale Company

Allen DeVilbiss, Jr. (1873-1911) was an inventor who lived in Toledo, Ohio, USA. 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.