MTS Systems Corp. (MTSC)

MTS Systems Corp. is a global supplier of test systems and industrial position sensors. The company provides hardware and software solutions to accelerate and improve the design, development and manufacturing processes, which are used for determining the mechanical behavior of materials, products and structures. It operates through two segments: Test and Sensors. The Test segment provides testing solutions, including hardware, software and service. The Sensors segment offers products, which are used by industrial machinery and mobile equipment manufacturers to automate the operation of their products for improved safety and end-user productivity. The company products are also used to measure fluid displacement, such as liquid levels for customers in the process industries. MTS Systems was founded in 1966 and is headquartered in Eden Prairie, MN.