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SVT Stock - Servotronics Inc.


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Servotronics, Inc., headquartered in Elma, New York, is a versatile manufacturer and marketer of control components and consumer products serving both domestic and international markets. The company operates through two distinct segments: the Advanced Technology Group (ATG) and the Consumer Products Group (CPG).

The ATG segment specializes in providing high-performance servo-control components to a diverse array of industries, including commercial aerospace, aircraft, government sectors, medical fields, and industrial applications. Key products within this segment include torque motors, electromagnetic actuators, hydraulic and pneumatic valves, and various devices that convert electrical currents into mechanical forces. Additionally, ATG manufactures precision metallic seals from standard and specialty alloy steels, catering to stringent technical specifications for critical applications.

In contrast, the CPG segment focuses on manufacturing and distributing a wide range of cutlery products, catering to both household and commercial markets. These products encompass steak knives, carving knives, bread knives, butcher knives, and paring knives used in restaurants, institutions, and private industries. Moreover, CPG supplies fixed and folding knives tailored for hunting, fishing, camping, military, and rescue applications. The segment also offers specialty tools such as machetes, bayonets, axes, strap cutters, and various utility knives, serving diverse customer needs across commercial and military sectors.

Servotronics leverages a robust sales network, including independent manufacturers' representatives, to market its products through a wide range of retail channels. These include big box stores, hardware outlets, supermarkets, department stores, discount retailers, gift shops, drugstores, outdoor supply stores, and sporting goods retailers. Furthermore, the company engages in electronic commerce to expand its reach and accessibility in the marketplace.

Established in 1959, Servotronics continues to uphold a tradition of innovation and quality craftsmanship, offering comprehensive engineering, design, and OEM/white-label manufacturing services to meet the evolving needs of its diverse customer base. With a commitment to excellence and customer satisfaction, Servotronics remains positioned as a leader in both the specialized control components and consumer products industries.

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Stock Sector: Manufacturing: Industrial Electrical Equipment

 

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