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About L.S. Starrett Company

L. S. Starrett Company (NYSE: SCX) is an American manufacturer of tools and instruments used by machinists and tool and die makers. The company was founded when businessman and inventor Laroy Sunderland Starrett (1836–1922) bought the Athol Machine Company in 1905. The company patented such items as the sliding combination square, bench vises, and a shoe hook fastener. They make precision steel rules and tapes, calipers, micrometers, and dial indicators, among many other things. Starrett employs about 2,000 people worldwide and the company claims to be the last remaining full-line precision tool company to be manufacturing their products within the United States. However, much of the firm's manufacturing takes place at facilities in the People's Republic of China, Brazil, Germany, and the UK, with 28% of Starret's worldwide sales being in Brazil in 2013.