SMT Scharf AG Value Stock - Dividend - Research Selection
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Description of the company
SMT Scharf AG designs, develops, supplies, installs, and maintains systems for the transport of personnel, equipment, and material for underground mining and tunnel construction. The company operates through three segments: Coal Mining, Non-Coal Mining, and Tunnel. It offers monorail transport systems, including diesel-powered monorail locomotives, electric monorail transport systems, battery-powered monorail locomotives, and industrial monorail systems for the transportation of men and materials; and floor mounted rail systems comprising diesel locomotives and rope driven rail systems. The company also provides cable storage systems, such as cable and hose handling systems; battery vehicles, drill and bolt products, load and haul products, and utility products; chairlift systems for mining personnel transport; and conveyors. Its products are primarily used in hard coal, gold, platinum, copper, nickel, hard rock, and salt mining activities. The company has operations in Germany, Russia, Poland, China, and South Africa. SMT Scharf AG was founded in 1941 and is based in Hamm, Germany.