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    Servotronics Inc. (SVT)

    6.26 Down 0.25(3.77%) Mar 4, 4:00PM EST
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    Servotronics Inc.
    1110 Maple Street
    PO Box 300
    Elma, NY 14059
    United States - Map
    Phone: 716-655-5990
    Fax: 716-655-6012
    Website: http://www.servotronics.com

    Index Membership:N/A
    Sector:Industrial Goods
    Industry:Industrial Electrical Equipment
    Full Time Employees:231

    Business Summary 

    Servotronics, Inc., together with its subsidiaries, designs, manufactures, and markets advanced technology and consumer products in the United States. The company operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment provides various servo-control components that convert an electrical current into a mechanical force or movement, and other related products. This segmentÂ’s servo-control components include torque motors, electromagnetic actuators, hydraulic valves, pneumatic valves, and related devices, which are principally sold to the commercial aerospace, missile, aircraft, and government related industries, as well as medical and industrial markets. It also offers metallic seals in various cross-sectional configurations that are used to fit between two metal surfaces to produce a secure and leak-proof joint, as well as to close tolerances from standard and special alloy steels. This segment markets its products through its professional staff to the United States Government, government prime contractors, government subcontractors, commercial manufacturers, and end users. The CPG segment provides various cutlery products, including steak, carving, bread, butcher, and paring knives for household use and for use in restaurants, institutions, and private industry; fixed and folding knives for use in hunting, fishing, and camping; and machetes, bayonets, axes, strap cutters, and other tools primarily for military use. It also produces and markets other cutlery items, such as various specialty tools, putty knives, linoleum sheet cutters, field knives, scalpels, and micro-spatulas. This segment markets its products through its sales resources and independent manufacturersÂ’ representatives to hardware, supermarket, variety, department, discount, gift, drug stores; outdoors and sporting retailers; and various branches of the United States Government. Servotronics, Inc. was founded in 1959 and is based in Elma, New York.

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    Key Executives 
    Dr. Nicholas D. Trbovich , 79
    Founder, Chairman and Chief Exec. Officer
    Mr. Kenneth D. Trbovich , 40
    Pres, Director, Chief Exec. Officer of the Ontario Knife Company and Pres of the Ontario Knife Company
    Mrs. Cari L. Jaroslawsky , 46
    Chief Financial Officer and Treasurer
    Mr. Salvatore San Filippo , 66
    Sr. VP
    Mr. Michael D. Trbovich , 52
    Corp. Sec.
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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