Shareholder Value Transfer - SVT

Type: Public
On the web: http://www.servotronics.com
Employees: 285
Employee growth: (0.3%)

Servotronics knows how to get things moving and cut to the chase. The company makes devices that convert electricity into mechanical movement and cutlery products. Its advanced technology products include servo-control components (torque motors, electromagnetic actuators, and hydraulic and pneumatic valves), which it sells mainly to clients in the aerospace industry. These include Honeywell, United Technologies, and the US government. Servotronics' cutlery unit makes a broad range of products from machetes and bayonets to kitchen knives and putty knives. Customers include retailers, restaurants, and agencies of the US government.

Key numbers for fiscal year ending December, 2011:
Sales: $34.2M
One year growth: 8.0%
Net income: $2.6M
Income growth: 23.4%

Officers:
Chairman, President, and CEO: Nicholas D. Trbovich
EVP, COO, and Director: Nicholas D. Trbovich Jr.
CFO and Treasurer: Cari L. Jaroslawsky

Competitors:
Fiskars
Hamilton Sundstrand
Magnetek