BNET Industries
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
Severn Trent Trading in Line With Expectations
LONDON (Reuters UK) - Water company Severn Trent SVT is trading in line with expectations but estimates lower consumption by metered customers will cut its full-year revenue by 1 percent, or 12 million pounds to 14 million. Severn Trent also said on Tuesday gross capital expenditure...
Additional Resources
ZF, TRW win high-end business on the new Volvo S80.(Suppliers)(Brief article)
Byline: Alex Graham Volvo's top versions of the new S80 medium-premium sedan get higher end parts compared with more basic versions of the car. For example, higher end S80s get ZF Lenksysteme's Servotronic 2 power-steering system, which offers more responsive steering at low...
Elma, N.Y.-based aircraft technology maker's profit increases 25 percent.
By Matt Glynn, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Nov. 16--Servotronics' third-quarter profits increased 25 percent from a year ago, fueled by higher sales to its customers in the U.S. government. The Elma-based maker of aircraft...
Elma, N.Y.-based manufacturer posts higher sales thanks to military orders.
By Matt Glynn, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Aug. 18--Uncle Sam helped Servotronics record strong increases in sales and profits in its second quarter. The Elma-based manufacturer, whose products range from components for aircraft...
Electric-Cutlery Maker Servotronics Posts Higher Profit, Sales.
By David Robinson, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Nov. 19--Servotronics earned its first quarterly profit in a year during the third quarter as the Elma servovalve and cutlery manufacturer started to reap the benefits of a new combat...
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...
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...
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...
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...
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. ...
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...
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....
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,...
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...
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...
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. ...
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...
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- 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
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
716 655-5990
