News
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 […]
Read MoreServotronics, 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 […]
Read MoreServotronics, 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 […]
Read MoreServotronics, 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 […]
Read More2023 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. […]
Read MoreServotronics Responds to Star Equity’s Communication
— The Board of Directors and Management Remain Committed to Maximizing Shareholder Value by Executing the Company’s Strategic Plan — ELMA, N.Y., Nov. 16, 2022 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today responds to recent claims from Star Equity Holdings, Inc. (“Star Equity”) […]
Read More2022 3rd Quarter Report
Servotronics Announces Financial Results for Third Quarter 2022 — Revenue expected to increase in the fourth quarter of 2022 driven by increasing order volume from Servotronics’ Advanced Technology Group — ELMA, N.Y., Nov. 14, 2022 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products […]
Read MoreServotronics, Inc. Provides Letter To Stakeholders
ELMA, N.Y., Nov. 1, 2022 — Servotronics, Inc. (NYSE American – SVT) a designer andmanufacturer of servo-control components and other advanced technology products today made available a letter to stakeholders from William F. Farrell, Jr., Chief Executive Officer. The letter provides an initial update on the Company’s strategic plan that was developed by the Company’s leadership […]
Read More2022 2nd Quarter Report
Servotronics Announces Financial Results for Second Quarter 2022 Including 12% Growth in Revenue — Revenue expected to increase in the third quarter of 2022 driven by increasing order volume from Servotronics’ Advanced Technology Group — ELMA, N.Y., Aug. 15, 2022 — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other […]
Read More2022 1st Quarter Report
Servotronics Announces First Quarter 2022 Financial Results Including EPS of $0.13 and Significant Growth in Revenue, Gross Margin and Operating Income — Revenue growth expected to continue in the second quarter of 2022 driven by increasing order volume from Servotronics’ Advanced Technology Group — ELMA, N.Y., May 16, 2022 — Servotronics, Inc. (NYSE American – […]
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