servotronics inc. Resources | BNET
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Servotronics Inc. (SVT) is in the Manufacturing Industry

Revenue
Dec 31 2007
$31.3M
Profit
Dec 31 2007
$2.0M
Market Cap
Jul 22 2008
$36.3M

Latest News and Analysis

Additional Resources

  • Elma, N.Y.-Based Servotronics Reports Slight Loss in Quarter.

    The Buffalo News, N.Y. Knight Ridder/Tribune Business News Aug. 15--Elma-based Servotronics reported a slight loss in the second ...uarter amid continued weakness in the commercial aerospace market. The servo control component manufacturer reported a $22,000 net loss, or...

    Articles 2003-08-15

  • news digest.(Briefs)

    Cayenne delays STUTTGART, Germany - Porsche's delivery problems with the Cayenne are continuing. Earlier delays in air-suspension systems have been followed by hold-ups in other specialized, high-demand accessories. An internal warning letter sent last month to...

    Articles 2003-06-16

  • BMW's helping hand - WIP - BMW's 'Active Steering' - Brief Article

    The new 5 Series platform will be the base upon which BMW launches its electro-mechanical steering system, dubbed "Active Steering." Unlike regular power steering, which has either a fixed or narrowly variable steering ratio, or full steer-by-wire, where the only connection between the steering wheel and the road wheels are...

    Articles 2003-03-01

  • Elma, N.Y.-Based Servotronics' Profits Fall 95 Percent.

    The Buffalo News, N.Y. Knight Ridder/Tribune Business News Nov. 18--Servotronics' third-quarter profits plunged 95 percent from a year ago, which the Elma company, blaming continued weakness in industries such as commercial aviation. Servotronics reported quarterly net income of...

    Articles 2002-11-18

  • Elma, N.Y.-Based Servotronics Extends Anti-Takeover Defense.

    By David Robinson, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Aug. 28--Servotronics Inc., moving to ward off unwanted acquisition offers, said Tuesday it has extended its poison pill anti-takeover defense that will try to make unfriendly bids prohibitively expensive. ...

    Articles 2002-08-28

  • Venomous Volvo.(new Volvo S60 R)(Brief Article)(Product Announcement)

    Uncle Olaf is spinning in his grave-at 6000 rpm. Or he will be early next year when Volvo introduces a version of its S60 sedan meant to compete with performance icons like the BMW M3 and Audi S4. Ja, you heard dat right. The new Volvo S60...

    Articles 2002-08-19

  • The Buffalo News, N.Y., Business Briefs.

    The Buffalo News, N.Y. Knight Ridder/Tribune Business News Aug. 15--EARNINGS DROP AT SERVOTRONICS: The continuing recession and the slump in the aircraft industry since Sept. 11 contributed to a downturn for Servotronics Inc. in the second quarter, the company reported Wednesday....

    Articles 2002-08-15

  • Profit Jumps 68 Percent for Elma, N.Y.-Based Advanced Tech Firm Servotronics.

    By Matt Glynn, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Apr. 1--Servotronics Inc. said its profits increased 68 percent last year, bolstered by increased revenues in its advanced technology group. The Elma-based company reported profits of $700,000,...

    Articles 2002-04-01

  • Elma, N.Y.-Based Firm Sees Rise in Profits Thanks to Surging Aerospace Sales.

    By David Robinson, The Buffalo News, N.Y. Knight Ridder/Tribune Business News May 18--Surging sales from its aerospace products business helped offset weaker cutlery sales and allowed Servotronics Inc. to extend its streak of rising profits to five quarters during the first three months...

    Articles 2001-05-18

  • Elma, N.Y.-Based Aircraft, Missile Company Increases Profits Again.

    By David Robinson, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Mar. 28--Servotronics Inc. extended its streak of rising profits to four quarters during the final three months of last year as demand increased for advanced technology products from the Elma maker of...

    Articles 2001-03-28

  • Pep Boys to Close 38 Stores, Two in Western New York.(Knight Ridder/Tribune Business News)

    Oct. 31--Pep Boys -- Manny, Moe & Jack, Inc., one of the largest U.S. retailers of auto parts and service, has closed 38 unprofitable stores, including two in Western New York, and cut about 1,500 jobs as part of a restructuring plan to reduce costs. ...

    Articles 2000-10-31

  • Elma, N.Y.-Based Servotronics Plans to Sell Cutlery Unit.(Knight Ridder/Tribune Business News)

    Dec. 31--Servotronics Inc. is thinking about selling its cutlery business as part of a move to focus more on its business that makes servocontrols for airplanes, rockets and missiles. As part of that planned restructuring, the Elma-based company said Thursday it is talking...

    Articles 2000-01-03

  • page 1 of 1
  • Incorporated: 1959
  • CEO: Dr. Nicholas D. Trbovich

Servotronics operates in two business segments, Advanced Technology and Consumer Products. Co.'s Advanced Technology Products segment designs, manufactures and markets a range of servo-control components which convert an electrical current into a mechanical force or movement and other related products. Co.'s Consumer Products business is engaged in the design, manufacture and sales of a range of cutlery including kitchen knives such as steak, carving, bread, butcher and paring knives for household use and for use in restaurants, institutions and private industry, and pocket and other types of knives for hunting, fishing and camping.

Key Competitors

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Servotronics Inc. Company Info

Board of Directors

Dr. Nicholas D. Trbovich

Chairman

Mr. Donald W. Hedges

Mr. Nicholas D. Trbovich Jr.

Dr. William H. Duerig

Contact Information

1110 Maple Street

Elma, NY

http://www.servotronics.com

716 655-5990

NAICS Code

Cutlery and Flatware (except Precious) Manufacturing: 332211
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