1110 Maple Street
Post Office Box 300
Elma, New York 14059
716-655-5990

Servotronics, Inc. Hosts Job Fair To Support New Hiring Initiative

1110 Maple Street ♦ P.O. Box 300 ♦ Elma, New York 14059-0300 ♦ 716-655-5990 ♦ FAX 716-655-6012

August 14, 2017

SERVOTRONICS, INC. HOSTS JOB FAIR TO SUPPORT NEW HIRING INITIATIVE

Elma, NY – Servotronics, Inc. (NYSE American: SVT), a designer and manufacturer of servo-control components and other advanced technology products, announces a major new staffing program to hire at least an additional 30 new employees at its Elma, New York headquarters. The Company seeks qualified applicants for a wide range of positions on 1st, 2nd, and office shifts, including entry level, skilled labor, and professional candidates. To support this initiative, Servotronics will host a Job Fair during the week of its 58th anniversary, on Friday, August 25th from 4PM to 7PM and Saturday, August 26th from 9AM to 1PM, with onsite interviews available for qualified candidates.

“Servotronics is aggressively adding to its workforce to support increased demand from our customers,” said Kenneth D. Trbovich, President of Servotronics. “The Job Fair is designed to raise our profile for prospective employees and to let key talent know about the outstanding career opportunities at our growing Company.”
Available jobs include requisitions for an IT manager, technical writer, engineer, CNC grinder, CNC operators, CNC setup, coil winders, deburrers, inspectors, test technicians, and tool maker. Prospective employees with aerospace industry experience or manufacturing experience with precision grinding, milling, lathe, duburring, EDM, and induction brazing operations are strongly encouraged to attend our Job Fair and apply for consideration.

The Job Fair is located at Servotronics just off the Maple exit of the 400 at 1110 Maple Street, East Aurora, NY 14059. Applicants may view job openings and apply for both posted positions and general consideration at: http://servotronics.com/careers/.

Servotronics, Inc. is composed of two groups – the Advanced Technology Group (ATG) and the Consumer Products Group (CPG). The ATG primarily designs, develops and manufactures servo control and other components for various commercial and government applications (i.e., aircraft, jet engines, missiles, manufacturing equipment, etc.). The CPG designs and manufactures cutlery, bayonets, machetes and combat, survival, sporting, agricultural, and pocket knives for both commercial and government applications.

FORWARD-LOOKING STATEMENTS

Certain paragraphs of this release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, such as those pertaining to the Company’s planned growth efforts and expectation of new business and success in its entry into new product programs. Forward-looking statements involve numerous risks and uncertainties. The Company derives a material portion of its revenue from contracts with agencies of the U.S. Government or their prime contractors. The Company’s business is performed under fixed price contracts and the following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: uncertainties in today’s global economy and global competition, difficulty in predicting defense appropriations, the vitality and ability of the commercial aviation industry to purchase new aircraft, the willingness and ability of the Company’s customers to fund long-term purchase programs, and market demand and acceptance both for the Company’s products and its customers’ products which incorporate Company-made components. The success of the Company also depends upon the trends that affect the national and international economy. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management’s analysis only as of the date hereof. The Company assumes no obligation to update forward-looking statements.

SERVOTRONICS, INC. (SVT) IS LISTED ON NYSE American