| Business Summary | | Servotronics,
Inc.
and
its
subsidiaries
design,
manufacture
and
market
advanced
technology
products,
consisting
primarily
of
control
components,
and
consumer
products,
consisting
of
knives
and
various
types
of
cutlery.
The
Company's
products
are
classified
into
Advanced
Technology
Products
and
Consumer
Products.
Advanced
Technology
Products
consist
of
various
servo-control
components
for
commercial,
aerospace,
missile,
aircraft
and
government-related
industries.
Consumer
Products
are
cutlery
products
sold
to
restaurants,
government
installations,
institutions
and
private
industry,
while
pocket
and
other
types
of
knives
are
sold
for
hunting,
fishing
and
camping
purposes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Servotronics
designs,
manufactures,
and
markets
servo-control
components
which
convert
electrical
current
into
mechanical
force.
SVT
also
designs,
produces
and
sells
a
variety
of
cutlery
products.
For
the
six
months
ended
6/30/01,
revenues
rose
5%
to
$9.2
million.
Net
income
rose
50%
to
$336
thousand.
Revenues
reflect
increased
sales
and
shipments
at
the
Advanced
Technology
Group.
Earnings
also
benefitted
from
decreased
administrative
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Nicholas Trbovich, 65 Chairman,
Pres and CEO | $371K | -- | Nicholas Trbovich, Jr., 41 VP,
Director | 171K | $12K | Raymond Zielinski, 56 VP | 123K | -- | Lee Burns, 59 Treasurer
and Sec. | 139K | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|