BUFFALO, N.Y., May 29, 2015 /PRNewswire/ -- Servotronics, Inc.
held its Annual Meeting of Shareholders in Buffalo, New York on Friday, May 29, 2015. Elected as Company
Directors at the meeting were Dr. Nicholas
D. Trbovich, Donald W.
Hedges, Rigel D. Pirrone, Edward C.
Cosgrove and Kenneth D.
Trbovich.
Subsequent to the meeting, the Company's Board of Directors
declared a $0.15 per share cash
dividend. The dividend will be paid on July 15, 2015 to shareholders of record on
June 30, 2015. This dividend does not
represent that the Company will pay dividends on a regular or
scheduled basis.
The Company 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.
SERVOTRONICS, INC. (SVT) IS LISTED ON NYSE
MKT
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SOURCE Servotronics, Inc.