Mechanical Technology Incorpora (NASDAQ:MKTY)

Mechanical Technology, Incorporated, through its subsidiary, MTI Instruments, Inc., designs, manufactures, and markets precision linear displacement solutions, vibration measurement and system balancing solutions, precision tensile measurement systems, and wafer inspection tools worldwide. The company offers electronic gauging instruments for position, displacement, and vibration applications in the industrial manufacturing/production markets, as well as the research, design, and process development market. It also provides metrology tools for semiconductor and solar wafer characterization; tensile stage systems for materials testing and precision linear displacement gauges for use in academic and industrial research and development settings; and engine balancing and vibration analysis systems for military and commercial aircraft. The company sells its precision automated manufacturing, and industrial and academic research and development products through direct sales and representatives in the Americas; and through distributors and agents in Europe and Asia, as well as axial turbo machinery directly to end users. It serves electronics, aircraft, aerospace, automotive, semiconductor, and research industries. Mechanical Technology, Incorporated was founded in 1961 and is headquartered in Albany, New York.