8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 Current Report
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


          Date of Report (date of earliest event reported) May 17, 2004

                               SERVOTRONICS, INC.
         --------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)

         Delaware                   1-7109                       16-0837866
- ----------------------------    -----------------------      -------------------
(State or Other Jurisdiction   (Commission File Number)      (IRS Employer
 of Incorporation)                                           Identification No.)


                  1110 Maple Street, Elma, New York 14059-0300
                  --------------------------------------------
           (Address of Principal Executive Offices including zip code)

                                  716-655-5990
                                  ------------
               (Registrant's telephone number including area code)



ITEM 7.  Financial Statements, Pro Forma Financial Information and Exhibits

(c) Exhibits.

Exhibit 99.1      Servotronics, Inc. Press Release issued on May 17, 2004.


ITEM 12. Results of Operations and Financial Condition

     On May 17, 2004  Servotronics,  Inc. issued a press release  announcing its
financial  results for the period  ended March 31,  2004.  The press  release is
attached hereto as Exhibit 99.1 and is incorporated by reference herein.


                                   SIGNATURES


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date:    May 18, 2004

                                            SERVOTRONICS, INC



                                            By: /s/Lee D. Burns, Treasurer & CFO
                                            ------------------------------------
                                                   Lee D. Burns
                                                   Treasurer & CFO



Exhibit Index

Exhibit No.    Description
- -----------    -----------

99.1           Servotronics, Inc. Press Release issued on May 17, 2004.

EX-99.1

                                                                    EXHIBIT 99.1
[GRAPHIC OMITTED]
                 1110 Maple Street P.O. Box 300 Elma, New York
                    14059-0300 716-655-5990 FAX 716-687-6012

                                  May 17, 2004

                    SERVOTRONICS, INC. (AMEX- SVT) ANNOUNCES
                INCREASED 2004 FIRST QUARTER PROFITS AND REVENUES

     Elma,  NY --  Servotronics,  Inc.  (Amex - SVT)  reported a pre-tax and net
income of $252,000 and $158,000 respectively (or $0.08 net per share - Basic and
Diluted)  on  revenues of  $5,328,000  for the  quarter  ended March 31, 2004 as
compared to a pre-tax and net loss of ($112,000)  and($71,000)  respectively (or
($0.04)  per  share  Basic  and  Diluted)  on  revenues  of  $3,829,000  for the
comparable period ended March 31, 2003. The over $364,000  turnaround in year to
year before tax income is  attributed  to increased  shipments,  the  successful
replacement  of lost business  resulting from 9/11,  productivity  improvements,
cost  containment  activities  and the  successful  production  realizations  of
earlier engineering/marketing efforts. Increased shipments were recorded by both
the Advanced Technology Group (ATG), and the Consumer Products Group (CPG).
     As previously reported,  during the first quarter of 2004, Raytheon Missile
Systems  awarded  Servotronics a contract for over $2,700,000 for the production
of control  components  for the  Standard  Missile - a  shipboard  anti-aircraft
missile.  Also,  during the first  quarter of 2004  Servotronics  entered into a
three year agreement with a significant long-time customer that has an estimated
sales value of $6 million dollars through 2006.
     The Company's  demonstrated  ability to counteract  the adverse  effects of
9/11 and to grow sales  revenues  continues  to be enhanced  by its  significant
engineering  and marketing  commitments and the maintenance of a strong backlog,
cash flow and  balance  sheet.  During  2004,  the Company  continues  to invest
resources and front-end  costs  associated  with  prototype,  preproduction  and
start-up  activities for both the ATG and CPG. The timing of such costs directly
contributes to fluctuations  in operating  results from period to period because
these  costs are  expensed as  incurred  and, as such,  are not matched to their
future revenues and benefits.
     The Company is composed of two groups - the Advanced  Technology  Group and
the Consumer Products Group. The Advanced Technology Group designs, develops and
manufactures  servo  control and other  components  for various  commercial  and
government applications (i.e., aircraft, jet engines, missiles, satellite launch
vehicles,  etc.). This group is currently  providing  products for a significant
number of aerospace  programs  such as the F/A-18 E/F Super Hornet and other jet
fighters;  the Bell/Boeing  MV-22 Osprey Tiltrotor Joint Service  Aircraft,  the
Blackhawk,  Apache, A-10 and other helicopters,  the Standard Missile,  numerous
business and regional jet aircraft,  Raytheon's Hawker Horizon Aircraft, Embraer
TwinTurbo Fan aircraft,  the Airbus 300 series and Boeing 700 series  commercial
aircraft, DeHavilland DHC8-40 and various other programs.
     Servotronics'  Consumer  Products Group designs and  manufactures  cutlery,
bayonets,  machetes and combat,  survival,  sporting,  agricultural,  and pocket
knives for both commercial and government applications.
                           FORWARD-LOOKING STATEMENTS
     Certain  paragraphs  of this  release  contain  forward-looking  statements
within the meaning of Section 27A of the  Securities Act of 1933 and Section 21E
of the  Securities  Exchange  Act of  1934,  such  as  those  pertaining  to the
Company's  expectation of new business and success in its entry into new product
programs.  Forward-looking  statements involve numerous risks and uncertainties.
The  Company  derives a material  portion of its  revenue  from  contracts  with
agencies  of the U.S.  Government  or their  prime  contractors.  The  Company's
business is performed  under fixed price  contracts and the  following  factors,
among others,  could cause actual results and future events to differ materially
from  those  set  forth  or  contemplated  in  the  forward-looking  statements:
uncertainties  in today's global economy and global  competition,  difficulty in
predicting  defense  appropriations,  the vitality and ability of the commercial
aviation  industry to purchase new aircraft,  the willingness and ability of the
Company's  customers to fund long-term purchase programs,  and market demand and
acceptance  both for the Company's  products and its  customers'  products which
incorporate  Company-made  components.  The success of the Company  also depends
upon the trends that affect the national  economy.  Readers are cautioned not to
place undue reliance on forward-looking  statements,  which reflect management's
analysis only as of the date hereof. The Company assumes no obligation to update
forward-looking statements.
       SERVOTRONICS, INC. (SVT) IS LISTED ON THE AMERICAN STOCK EXCHANGE.