SVT Stock Discussion
Servotronics, Inc. Description
Servotronics, Inc. and its subsidiaries design, manufacture, and market 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 segment'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; pocket and other types of knives for use in hunting, fishing, and camping; and machetes, bayonets, and other types of knives primarily for military use. It also produces and markets other cutlery items, such as various specialty tools, putty knives, linoleum sheet cutters, field knives, and other edged products. This segment markets its products through its sales personnel and independent manufacturers' representatives to hardware, supermarket, variety, department, discount, gift, and drug stores, as well as to various branches of the United States Government. Servotronics, Inc. was founded in 1959 and is based in Elma, New York.
Industry: Electronic Components
Keywords: Aerospace Steel Alloys Actuator Camping Prime Contractor Prime Contractors Cutlery Steak Alloy Steel Metal Surfaces
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