Headquartered in Polaris Parkway, Columbus, Mettler-Toledo International Inc. is the world's largest manufacturer and marketer of weighing instruments for use in laboratory, industrial and food retailing applications. The company focuses on the high value-added segments of the weighing instruments market by providing solutions for specific applications.
Mettler-Toledo is also a leading provider of analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development, and process analytics instruments used for in-line measurement in production processes.
Mettler-Toledo reported revenues of $3.1 billion in 2020. The company has three reportable segments— Laboratory Instruments, Industrial Instruments and Retail Weighing Solutions, which generated 54%, 40% and 6% of 2020 revenues, respectively.
Laboratory Instruments offering includes laboratory balances, automated laboratory reactors, liquid pipetting solutions, titrators, physical value analyzers, UV/VIS spectrophotometers, thermalanalysis systems and moisture analyzers, to name a few. The company with these products caters to the needs of pharmaceutical, food chemical, academia, cosmetics and food industries. Further, these products are used in testing labs, life science research labs, environment research labs and drug discovery process.
The Industrial segment offers industrial weighing instruments, industrial terminals, transportation and logistics, value scale systems, industrial software and product inspection systems. Mettler-Toledo also develops x-rays and metal detection required in production and packaging. Notably, this segment meets the needs of food, discrete manufacturing, chemical and pharmaceutical industries.
The Food Retail segment offers automated, weighing, packaging and labeling solutions.This segment operates in food and beverages, pharmaceutical, cosmetics, chemicals and biotechnology end-markets.
Products are manufactured at its China, Germany, Switzerland, the U.S. and the U.K. facilities. They are sold through a variety of distribution channels with Americas, Europe and Asia/Rest of the World (ROW) contributing 38%, 30% and 32% of 2020 revenues, respectively.