MTS Systems Corporation

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MTS Systems Corporation
Type Public NASDAQMTSC
Founded Eden Prairie, Minnesota 1966
Headquarters Eden Prairie, Minnesota
Key people Laura Hamilton, President & CEO
Industry Scientific & Technical Instruments
Products Testing hardware, Sensing hardware
Revenue $396.8 million USD (FY2006)
Employees 1,510
Website www.mts.com

MTS Systems Corporation (NASDAQMTSC) is a testing and sensing solutions company located in Eden Prairie, Minnesota, a southwest suburb of Minneapolis.

MTS Systems Corp. was fined $400,000 after pleading guilty on March 12, 2008 for submitting false US export license applications on proposed shipments to India. The company admitted to two misdemeanor counts of "false certification or writing" by omitting information linked to nuclear power plant test equipment. [1]

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[edit] References

  1. ^ "US firm, CEO admit weapon, nuclear-linked export violations ", Yahoo! News, March 13, 2008
  2. ^ "The Fifty Nine Story Crisis", The New Yorker, May 29, 1995
  3. ^ "Tune Mass Dampers Steady Sway of Skyscrapers in the Wind", The Risks Digest, Volume 4: Issue 43