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News

Servotronics Urges All Shareholders to Vote “FOR” All Highly Qualified Directors on the BLUE Proxy Card Today

ELMA, N.Y., May 25, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today announced it has filed supplemental proxy materials, including a presentation and continues soliciting proxies urging stockholders to vote “FOR” all Company Nominees on the BLUE proxy card at the 2023 annual […]

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Servotronics Announces First Quarter 2023 Financial Results

— Sales and gross margin reflect sequential improvement over fourth quarter of 2022 — ELMA, N.Y., May 15, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the first quarter ended March 31, 2023. Highlights for the first quarter financial […]

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Servotronics Sends Letter to Shareholders

— Urges Shareholders to Vote “FOR” ALL of Servotronics’ Highly-Qualified Directors on the BLUE Proxy Card – — Highlights Strategy to Create Shareholder Value and Refreshed Board of Directors — ELMA, N.Y., May 4, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products […]

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Servotronics Appoints Robert Fraass as Chief Financial Officer

ELMA, N.Y., April 26, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products announced today that Robert Fraass has been appointed Chief Financial Officer of the Company effective May 1, 2023. He replaces Lisa F. Bencel who will be leaving the Company later […]

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Servotronics Announces Strategic Vision to Maximize Long-Term Shareholder Value

— Progress throughout 2022 Supports Focus on Core Business to Drive Long-term Profitable Growth — ELMA, N.Y., April 4, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today announced details of its strategic vision to improve operational effectiveness and help drive sustainable growth and long-term […]

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2023 2nd Quarter Report

Servotronics Announces 2022 Financial Results — Servotronics highlights sales growth and improved operating results for the full year — ELMA, N.Y., March 31, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the fourth quarter and twelve months […]

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Servotronics, Inc. Announces Review of Strategic Alternatives for Consumer Products Group

— Servotronics to focus on core aerospace markets for continued growth — ELMA, N.Y., March 30, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that the Company’s Board of Directors has authorized the review of strategic alternatives for the Consumer […]

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Servotronics, Inc. Enhances Strategic Focus with Additional Resources

ELMA, N.Y., Feb. 21, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that it has strengthened its leadership team in-line with its recently adopted strategic plan. The Company has named David Speich to a temporary role to lead the business […]

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Servotronics, Inc. Appoints New Human Resources Director

ELMA, N.Y., Feb. 20, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that it has appointed Carrie Czerwinski as Director of Human Resources. “We are pleased to welcome Carrie Czerwinski as our new Director of Human Resources, bringing a wealth […]

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2023 1st Quarter Report

Servotronics, Inc. Appoints New Independent Director    — Brent D. Baird Joins the Board and Enters into Cooperation Agreement with the Company — ELMA, N.Y., Feb. 15, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today announced the appointment of Brent D. […]

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