Servotronics, Inc. SVT | AMEX

Company Info

Servotronics, Inc. (SVT) had its IPO on 1973-05-03, and is traded on AMEX stock exchange.

Servotronics, Inc. is a company engaged in the design, production, and distribution of both advanced control components and diverse consumer products, with operations spanning both domestic U.S. and international markets. The company's business activities are structured into two distinct divisions: the Advanced Technology Group (ATG) and the Consumer Products Group (CPG). The Advanced Technology Group (ATG) specializes in delivering sophisticated servo-control components. These critical components serve a range of sectors, including commercial aerospace, aviation, government-affiliated industries, as well as the medical and industrial fields. Key offerings from this segment encompass torque motors, electromagnetic actuators, and both hydraulic and pneumatic valves, alongside other devices engineered to translate electrical current into mechanical force or motion. Additionally, ATG manufactures precision metallic seals, crafted from standard and specialized alloy steels, available in diverse cross-sectional shapes with tight tolerances. Its clientele includes the U.S. Government, its primary and secondary contractors, various commercial manufacturers, and direct end-users. Conversely, the Consumer Products Group (CPG) is dedicated to manufacturing and supplying a wide array of cutlery and specialized tools. Its diverse knife selection includes models for everyday household use (such as steak, carving, bread, butcher, and paring knives), as well as those intended for the hospitality sector, institutions, and other private industries. CPG also produces fixed and folding knives popular for outdoor activities like hunting, fishing, and camping. Furthermore, it supplies robust implements like machetes, bayonets, axes, and strap cutters, predominantly for military, rescue, and first-responder applications, alongside other commercial uses. The segment's portfolio extends to specialty tools like putty knives, linoleum cutters, field knives, scalpels, and micro-spatulas. Beyond products, CPG offers comprehensive services, including plastic and metal fabrication, engineering, design, and original equipment manufacturer (OEM) or white-label manufacturing, catering to both consumer and commercial clients. These products reach consumers and businesses through the company's direct sales force, independent manufacturer representatives, and a broad network of retailers, including large format stores, hardware outlets, supermarkets, variety stores, department stores, discount retailers, gift shops, pharmacies, outdoor and sporting goods stores, and increasingly, via e-commerce platforms. Founded in 1959, Servotronics maintains its corporate headquarters in Elma, New York.

SVT website: https://www.servotronics.com