The LGL Group, Inc. is a globally-positioned producer of industrial and commercial
products and services that is currently focused on the design and manufacture
of highly-engineered, high reliability frequency and spectrum control products.
These electronic components ensure reliability and security in aerospace and
defense communications, low noise and base accuracy for laboratory instruments,
and synchronous data transfers throughout the wireless and Internet infrastructure.
The Company was incorporated in 1928 under the laws of the State of Indiana,
and in 2007, the Company was reincorporated under the laws of the State of Delaware
as The LGL Group, Inc. LGL maintains its executive offices at 2525 Shader Road,
Orlando, Florida, 32804. The Companys telephone number is (407) 298-2000. The
Companys common stock is traded on the NYSE MKT under the symbol "LGL."
The Companys warrants to purchase common stock, expiring August 6, 2018, are
available for trading on the over-the-counter market under the symbol "LGLPW."
The Company operates through its principal subsidiary, M-tron Industries, Inc.
(together with its subsidiaries, "MtronPTI"), which has design and
manufacturing facilities in Orlando, Florida, Yankton, South Dakota and Noida,
India, as well as local sales and customer support offices in Sacramento, California
and Hong Kong.
Originally founded in 1965, MtronPTI designs, manufactures and markets highly-engineered,
high reliability frequency and spectrum control products. These component-level
devices are used extensively in infrastructure equipment for the telecommunications
and network equipment industries, as well as in electronic systems for applications
in defense, aerospace, earth-orbiting satellites, down-hole drilling, medical
devices, instrumentation, industrial devices and global positioning systems.
As an engineering-centric company, MtronPTI provides close support to the customer
throughout their products entire life cycle, including product design, prototyping,
production, and subsequent product upgrades. This collaborative approach has
resulted in the development of long-standing business relationships with its
blue-chip customer base.
MtronPTIs primary objective is to create long-term growth with a market-based
approach of designing and bringing new products to its customers through both
organic research and development, and through strategic partnerships, joint
ventures, acquisitions or mergers. Through direct collaboration with original
equipment manufacturers ("OEMs"), our customers, MtronPTI seeks to
leverage its core strength as an engineering leader to expand client access,
add new capabilities and continue to diversify its product offerings. MtronPTIs
focus is on investments that will differentiate and broaden its RF/microwave
portfolio and lead toward higher levels of integration. We believe that successful
execution of this strategy will lead to a transformation of MtronPTIs product
portfolio towards longer product life cycles, better margins and improved competitive
position.
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