Dover has 24,000 employees across 6 locations and $7.14 B in annual revenue in FY 2019. Markem-Imaje, a wholly-owned subsidiary of the US-based Dover Corporation, is a trusted world manufacturer of product identification and traceability solutions, offering a full line of reliable and innovative inkjet, thermal transfer, laser, and print and apply label systems. With a focus on diversification in the 1960s,[13] such as the acquisition of Ohio Pattern Works & Foundry Company in 1961, came notable purchases of companies that continue to be a significant part of Dover Corporation today. The Investor Relations website contains information about Dover Corporation's business for stockholders, potential investors, and financial analysts. [52], Developing and supplying innovative and energy-efficient equipment and systems serving the commercial refrigeration, food service & beverage equipment and heating & cooling markets. [10] Ultimately, Dover sold its elevator business in 1999 to Thyssen AG for $1.1 billion. [5] The company relocated its headquarters to Illinois from New York in mid-2010. Finally, PSG enables the safe and efficient transfer of critical, valuable fluids and materials that require optimal performance and peace-of-mind reliability in applications where it matters most. [9] Dover continued to expand its elevator division throughout the 1960s and 1970s with the purchases of Moody & Rowe, Burch, Turnbull, Burlington, Hammond & Champness, Louisiana Elevator, and W.W. [13] In 2006, Dover acquired Markem Corporation which specializes in identification solutions. [53], reliable, independent, third-party sources, Learn how and when to remove this template message, List of conglomerates in the United States, "Dover Corp. Unlock information on related companies. At CPC, a subsidiary of Dover Corporation ("Dover"), we are strongly opposed to the use of forced, bonded, involuntary, prison or indentured labor. Lift International, LLC. Forward-Looking Statements: This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $7 billion. Dover's business is divided into three segments; Engineered Systems, Fluids, and Refrigeration & Food Equipment. Ltr. View All with Free Trial. A Subsidiary of ICC Industries Inc. Dover Chemical. [12], Again, as in 1985, during 2020, Dover's business was divided into five segments; ENGINEERED PRODUCTS, FUELING SOLUTIONS, IMAGING & IDENTIFICATION, PUMPS & PROCESS, SOLUTIONS, REFRIGERATION & FOOD EQUIPMENT. The Heil Co. d/b/a Heil Environmental, a subsidiary of Dover Corporation, is a manufacturer of garbage and recycling trucks.For many decades, Heil Environmental has been the chief supplier of refuse and recycling equipment for the world's largest waste collection agency, the New York City Sanitation Department. Dover Fueling Solutions (DFS)[49] is advancing fueling operations[citation needed] worldwide[citation needed] through innovative[citation needed] dispensing technologies, point-of-sale (POS) systems, automatic tank gauging and wet stock management solutions. 77-376, 1977-2 C.B. DOVER CORPORATION AND SUBSIDIARIES, ET AL.,1 Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket Nos. Dover Corporation. Dover Precision Components delivers performance-critical solutions for rotating and reciprocating machinery across the oil & gas, power generation, marine, industrial, chemical and general processing markets. Noida, Jan 13 (PTI) IT solution provider Markem-Imaje, a subsidiary of American conglomerate Dover Corporation, on Wednesday announced the commencement of … In 2005, he was appointed to the position of CEO. Bayne Machine Works, Inc. On December 8, 2009, UAL Corporation announced an order for 25 Airbus A350 and 25 Boeing 787 aircraft, with purchase rights for 50 more of each. Similar Companies. Dover Corp Exh 21 List Of Subsidiaries for DOVER CORP. Systems Intermediate Holdco Ltd. Anthony 211 Branches. Dover Corporation and Subsidiaries, et al. Dover's management implements a distinctive approach: subsidiaries are allowed to operate with almost complete autonomy. Petitioners Dover Corp. & Subsidiaries and two corporate affiliates (collectively "Dover") challenge decisions of the United States Tax Court, Howard A. Dawson, Jr., Judge, denying Dover's motions to restrain the assessment or collection by the Internal Revenue Service ("IRS" or the "Commissioner") of income tax liabilities in dispute for the years 1993-1995, and to compel the IRS to grant Dover income … DOVER WELLSITE BUSINESS TO BE NAMED APERGY Reflects heritage of best-in-class, superior products and services Transaction on track for completion in May of 2018. OPW is part of Dover Corporation. The company is the largest producer of new elevators in the United States. Livingston's Dover career began twenty-nine years earlier with the acquisition of K&L Microwave, where he was a vice president. International (Poland) sp. About Dover Corporation. Dover is a constituent of the S&P 500 index[7] and trades on the New York Stock Exchange under "DOV". Ltr. [33] After joining Dover, Livingston also served as COO and vice president of Dover Corporation, president and CEO of Dover Engineered Systems, and president and CEO of Dover Electronics. [43] Dover CEO and president Robert Livingston described the spinoff as allowing both Knowles and Dover to more aggressively pursue their individual growth strategies. For example, in 1985 Dover restructured into five major subsidiaries to reflect its key markets of interest. Company Name . [13], Another significant acquisition included Sargent Industries, a manufacturer of control devices for aerospace and industrial end-markets, purchased in 1984 for $68 million. Industrial Products. 75-223 position in Rev. SUBSIDIARIES. Accelerated Process Systems, Inc. … DOV Dividend History & Description — Dover Corp. Dover is a manufacturer and solutions provider. Topics related to both. DOWNERS GROVE, Ill., February 15, 2018 - Dover (NYSE: DOV) announced today that its "Wellsite" upstream energy businesses will be named Apergy. This segment incorporates Belvac, who develop creative and flexible solutions[buzzword] directly for beverage container manufacturers and brand owners around the world. In 1989, Dover re-segmented into six sectors bas… Visit www.dovercorporation.com for further information. [8], In the 1930s and 1940s, George Ohrstrom Sr., a New York City stockbroker, bought four manufacturing companies: C. Lee Cook Company (seals and piston rings), Rotary Lift (automotive lifts), C. Norris (oil-well pump-sucker rods),[9] and Peerless (space heaters). ChampionX Corporation (“ChampionX”) (NYSE: CHX) announced today an exclusive collaboration agreement with Modumetal Inc. [35] The choice to move to Downers Grove, Illinois, was also partially impacted by an effort to consolidate operations, and reduce administration costs,[36] as the move brought all four segment headquarters under one roof. Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $7 billion. Dover Food Retail who design and manufacturing commercial glass refrigerator and freezer doors, refrigeration equipment, lighting systems and display equipment. z o.o. [42] Today, Knowles continues to be a global supplier of communication-technology components, such as MEMS (micro-electro-mechanical systems), microphones, speakers, receivers, transducers, capacitors and oscillators. INDUSTRY. Dover Corporation: Dover Wellsite Business to be Named Apergy. The Company Contact Us Careers In The News. 256 Subsidiaries. [buzzword][30], While Dover acquired more than seventy companies between 1998 and 2002, the company's acquisition rate slowed in the early 2000s. Dover Refrigeration & Food Equipment, Inc. Downers Grove, Illinois, US. [28], Also in 1994, Dover's COO and President, Thomas Reece, became CEO of the company. 2000-04-029 (Jan. 28, 2000), and Priv. Rul. Specialty Chemical Plant Operations. Topics related to both Dover Corporation and United Technologies. [citation needed], In 2014, Dover Corporation has operated with four segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. [46] In 2007, Dover reported four segments: Industrial Products, Engineered Systems, Fluid Management, and Electronic Technologies. Dover Corporation is a diversified industrial manufacturer with over $6 billion in annualized revenues from operating companies that manufacture specialized industrial products and equipment. [34] Under Livingston's leadership, Dover moved its corporate headquarters from New York City to the Chicago area in 2010. [13], That same year, Dover acquired Phoenix Refrigeration Systems, which then acquired Hill Refrigeration in 1994 to form Hillphoenix. [33] Inpro/Seal, a producer of bearing isolators, was purchased by Waukesha Bearings Corporation in 2009, which included 150,991 shares of Dover's common stock being issued to Inpro/Seal shareholders. Refrigeration & Food Equipment, Inc. Advansor Dover 2003-01-029 (Jan. 3, 2003), Priv. Delaware. Information. This elevator growth began in 1955, as Dover Elevator split from Rotary Lift and became an independent operating company within Dover. For example, in 1985 Dover restructured into five major subsidiaries to reflect its key markets of interest. [48] The operating companies that reside within each segment are run like independent companies. began making hydraulic elevators. [14] Dover Elevator had a pretax operating profit of $93 million in 1997[15] and the sale was mutually beneficial: it allowed Dover to focus on building its other businesses and moved ThyssenKrupp Elevator Americas to the number three spot worldwide in the elevator and escalator industry. Systech International to be Acquired by Dover Corporation and Join Markem-Imaje. United Technologies. A result of this effort included the acquisition of Dieterich Standard, which manufactured liquid-measurement instruments and whose president, Gary Roubos, went on to become Dover's chief operating officer (COO) and president in 1977. [38] In addition, between 2008 and 2010, Dover spent approximately $436 million to purchase a total of sixteen businesses, while only $100 million was earned from the sale of eight businesses. The Company Contact Us Careers In The News. These values must drive our behavior as we aspire to earn and keep the respect and trust of our shareholders, customers and employees. Magg Group develops and manufactures innovative customized solutions for gear and screw pumps, pelletizing and filtration systems, as well as pulverizers for the plastics industries. WHEREAS, Dover Corporation (the “Corporation”) has heretofore adopted the Dover Corporation Pension Replacement Plan, as amended and restated as of January 1, 2010 (the “Plan”); and . Combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Get in Touch with 7 Principals* and 326 Contacts. This period was marked by the acquisitions of K&L Microwave in 1983, Dielectric Laboratories in 1985, and NURAD in 1986. The Dover Corporation was founded in March 1925 by Peter J. Lunati in Memphis, Tennessee. [13] In 1963, Dover acquired Acme Elevator, and then Elevator Service,[10] Reddy Elevator Company in 1964, and Hunter-Hayes Elevator Company in 1970. We offer competitive salaries, outstanding benefits and the opportunity to make a difference. Microwave Products Group serves defense, aerospace, and telecommunications markets. Memo. This is a document preview . So what At 12:01 a.m. EDT, Dover shareholders were distributed one share of Apergy Corporation for every two shares of Dover … Dover Corporation and all of its companies are committed to the highest ethical standards and to conducting business with the highest level of integrity. The Investor Relations website contains information about Dover Corporation's business for stockholders, potential investors, and financial analysts. Dover delivers innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Find the latest Dover Corporation (DOV) stock quote, history, news and other vital information to help you with your stock trading and investing. But fear not, Dover merely completed the spinoff of Apergy . Its is a conglomerate based in Downers Grove, Illinois. SWEP who design and manufacture brazed plate heat exchangers for HVAC, refrigeration and other industrial markets. [24], In the 1980s, Dover also began to focus more on electronics. Exhibit 21. 19668-91, 19886-91, 6102-93. Environmental Solutions Group develops solutions[buzzword] for the transportation and transformation of solid waste. DOVER INTERNATIONAL OPERATIONS INC. (Delaware (US), 27 Oct 2008 - ) ANTHONY TEMPERBENT GP LLC (Delaware (US), 9 Jul 2009 - ) ADVANSOR A/S (Denmark, 24 Feb 2006 - ) DOVER CORPORATION (Connecticut (US), 17 Feb 1995 - ) MARKEM - IMAJE INDIA PRIVATE LIMITED (India, 11 Jul 1997 - ) DOVER INTERCOMPANY SERVICES UK LIMITED (United Kingdom, 7 May 2013 - ) Dover Corporation manufactures industrial products and manufacturing equipments. Domestic . 1998) case opinion from the US Court of Appeals for the Second Circuit Captive Insurance Company, Dover Artificial For reporting purposes, these five major subsidiaries were represented in four sections: building industries (Dover Elevator International); electronic products (Dover Technologies); petroleum (Dover Resources); and industrial and aerospace products (Dover Industries, Dover Sargent). FIVE-YEAR CREDIT AGREEMENT dated as of October 4, 2019 (this “Agreement”), among DOVER CORPORATION, the BORROWING SUBSIDIARIES from time to time party hereto, the LENDERS party hereto and JPMORGAN CHASE BANK, N.A., as administrative agent. Later that same year, the Dover Corporate offices opened in Washington, D.C., and Dover Corporation went public on the New York Stock Exchange. Dover Announces Acquisition of Innovative Control Systems, Inc., a Leading Provider of Vehicle Wash Site Management Solutions DOWNERS GROVE, Ill., Jan. 6, 2021 /PRNewswire/ -- Dover (NYSE: DOV) announced today that it has completed the acquisition of Innovative Control Systems, Inc. ("ICS"), a leading provider of car wash controllers, payment terminals, point-of-sale and wash site … Each segment holds operating companies that are run like … Dover Corporation and Subsidiaries - Page 29 - 29 - Respondent reaffirmed his Rev. Rul. Dover ’ s five major subsidiaries are Dover Elevator International, Dover Technologies, Dover Resources, Dover Industries, and Dover Diversified. Accelerated Companies, LLC. 2 The Court agrees with and adopts the Opinion of the Special Trial Judge, which is set forth below. [33] In 2014, Dover spun off Knowles,[41] which had a $2.6 billion market cap post-spin. Where Incorporated. GRAND RAPIDS, Mich., July 27 /PRNewswire/ -- Dover Corporation (NYSE: DOV) announces that Blackmer, a Company reported as part of its Dover Resources business segment, will add a high end robust centrifugal pump line, System One Pump, to complement its current (positive displacement) product line of vane, progressing cavity, hose and eccentric disc pumps. [50], Leading the design and manufacture of equipment, consumables and software, in addition to providing support services for the marking & coding and digital textile printing markets. Download Disclosure [13] The following year, Dover purchased an 88 percent interest in the French company Imaje Printing Products for $200 million;[9] this acquisition marks the largest in Dover's corporate history. Foreign Subsidiaries, Chippewa Square Livingston also worked to reduced expenses by consolidating back office operations, metal purchases, and freight transportation. Copyright © 2021 RPCD Holdings LLC. Formed as an independent company in 2003, its founders trace their on-the-ground engagement in Vietnam back to 1994, following decades of building businesses in emerging markets around the world. DOWNERS GROVE, Ill., February 15, 2018 - Dover (NYSE: DOV) announced today that its "Wellsite" upstream energy businesses will be named Apergy. Dover Corp. is a diversified manufacturer of industrial products. As a result, divisions were run in an independent fashion, each with its own president. View All with Free Trial. [17] Today, the basic technology of Duerr's invention continues to exist in automatic shutoff nozzles,[18] and OPW is still a part of Dover, specializing in the design and manufacture of commercial and retail-fueling solutions. Dover Corporation manufactures industrial products and manufacturing equipments. Delaware. Ltr. Later, Roubos became Dover's chief executive officer (CEO) in 1981. [9] Today, Dover is still known for its decentralized management structure, in its governance of operating companies, and for its acquisitive approach. [27] Hillphoenix has more equipment installed at GreenChill Certified retail stores than any other refrigeration manufacturer. A total of 15 acquisitions came from private equity firms.It has also divested 27 assets.. Dover’s largest acquisition to date was in 2011, when it acquired NXP s Sound Solutions Business for $855M.It’s largest disclosed sale occurred in 1998, when it sold Dover - Elevator Business to ThyssenKrupp AG for $1.1B. [32], In 2008, Robert Livingston was appointed Dover's new CEO and president. [39] Dover had acquired Knowles, a designer and manufacturer of hearing-aid technology and other acoustical componentry, six years earlier for $750 million. [original research? [40] Together, Sound Solutions and Knowles gave Dover the necessary scale to develop integrated solutions[buzzword] for the rapidly evolving mobile-electronics industry. SUB-INDUSTRY. Dover Resources Inc., a wholly-owned subsidiary of Dover Corporation, manufactures a wide range of industrial products. [26] The company is a partner of the EPA's GreenChill initiative, which focuses on reducing refrigerant emissions and climate-change impact. This is a document preview. OPW Delivers the most comprehensive[citation needed] and highest-quality[citation needed] line of fluid handling and car wash equipment, The Engineered Systems segment delivers equipment, components and software serving the vehicle service, environmental solutions[buzzword] and other end markets. - Page 2 - 2 - 7443A(b)(4) of the Internal Revenue Code of 1986, as amended, and Rules 180, 181, and 183. The agreement is intended to drive production-related technology developments by combining Modumetal’s advanced materials and processes and ChampionX’s extensive research and development capabilities. The Company (such term, and each other capitalized term used and not otherwise defined in these recitals having the meaning assigned … Dover Corporation Company Overview. Public Company Incorporated: 1955 Employees: 20,049 Sales: $2.12 billion Stock Exchanges: New York London Dover Corporation is a diversified manufacturing holding company composed of about 45 subsidiaries with about 40 lines of industrial products. SECTOR. Robert D. Whoriskey and Charles R. Goulding, for petitioners. Dover Corporation is an American conglomerate manufacturer of industrial products. [1] Dover's business is divided into five segments; ENGINEERED PRODUCTS, FUELING SOLUTIONS[buzzword], IMAGING & IDENTIFICATION, PUMPS & PROCESS, SOLUTIONS[buzzword], REFRIGERATION & FOOD EQUIPMENT. For further information on Markem Corporation, including applications, markets and products, visit its website at www.markem.com. Dover Corporation. [37] In 2010, KMC Inc. and Bearings Plus Inc. were acquired by Waukesha Bearings Corporation with the expectation of synergizing their bearing seal technologies with Dover. Downers Grove, Illinois, US. [31], In 2011, Dover expanded its acoustic components business with the purchase of Sound Solutions, a manufacturer of dynamic speakers and receivers for mobile phones and other consumer electronics, for $855 million. A Hoovers subscription is your VIP access to key information. Share. 12 See, e.g., Priv. UAL Corporation and its subsidiaries emerged from bankruptcy protection on February 1, 2006. Alfred Fueling Founded in 1945, we are the oldest continuously operating RF/microwave switch manufacturer in the United States and are an operating company within Microwave Products Group (MPG), a subsidiary of Dover Corporation. Rul. Dover Corporation and its subsidiaries manufacture industrial products and components, as well as provide related services and consumables in the United States and internationally. [51], Creating performance-critical solutions and products for the safe handling of fluids across the chemical, hygienic, oil & gas and industrial markets. [12], Between 1955 and 1979, Dover acquired fourteen companies. Dover's organization and segment structure has changed over its history. Dover Corporation was originally known as Rotary Lift, a manufacturer of automobile lifts that opened in 1925. [9] As such, the year 1955 marks the company's official founding. 1997-339, we considered respondent's decision not to accept petitioner's amended returns for 1990 and 1991. Employment Application . Avborne Accessory Group, Inc. Delaware. [45], Dover's organization and segment structure has changed over its history. Vietnam Partners brings together a unique combination of expertise in international finance and hands-on experience in Vietnam. Dover Corporation is an American conglomerate manufacturer of industrial products. [35], From 2008 to 2012, Dover acquired almost twenty-five companies. Nov 04, 2019 Dover President And Chief Executive Officer To Speak At Baird 2019 Industrials Conference. See insights on Dover including office locations, competitors, revenue, financials, executives, subsidiaries and more at … The company operates through four segments: Industrial Products, Engineered … List of conglomerates. Dover Corporation. Dover Subsidiaries - Domestic and Foreign . Dover Corporation is a diversified industrial manufacturing holding company composed of about 50 subsidiaries with about 200 product/market niches. [buzzword][29] One year later, the companies merged and were renamed Markem-Imaje, and have since focused on product coding, labeling, and traceability solutions. DOVER WELLSITE BUSINESS TO BE NAMED APERGY Reflects heritage of best-in-class, superior products and services Transaction on track for completion in May of 2018. Unless the context indicates otherwise, references herein to "Dover," "the Company," and words such as "we," "us," or "our" include Dover Corporation and its consolidated subsidiaries. Dover Corp Exh 21 List Of Subsidiaries for DOVER CORP - Sample agreements, legal documents, and contracts from RealDealDocs. Dover has acquired 47 companies, including 10 in the last 5 years. International Foreign Sales Corp. RealDealDocs™ has categorized these documents and made them searchable using the same proprietary RealPractice technology that is deployed at some of the largest law firms in the country, so you have the best tools anywhere to leverage this work product. [6] Each segment holds operating companies that are run like independent companies. [47] By 2012, Dover had re-segmented again into Dover Communication Technologies, Dover Energy, Dover Engineered Systems, and Dover Printing & Identification. Incorporates CPC provides quick disconnect couplings, fittings and connectors for life sciences and industrial applications. Barker Specialty Products, L.L.C. UAL Corp. became the second US carrier to operate the Airbus A350. Rul. Imaging & identification incorporates Markem-Imaje who manufacture product identification and traceability solutions[buzzword], including inkjet, thermal transfer, laser, print & apply label systems, and engineering systems. [22], 1964 marked a significant year, as OPW's former leader Thomas Sutton became president of Dover and corporate headquarters were relocated to New York City. The company operates through four segments: Industrial Products, Engineered … [6], Providing a comprehensive[citation needed] portfolio of high-quality[citation needed] and cutting-edge[citation needed] products and solutions[buzzword] for the retail fueling and other adjacent markets incorporates Dover Fueling Solutions and OPW. Information. It is also the second-largest in Canada and the third-largest in the United Kingdom. Dover Corporation & Subsidiaries, Pathway Bellows, Inc. &subsidiary, and Measurement Systems, Inc.,petitioners-appellants, v. Commissioner of Internal Revenue, Respondent-appellee, 148 F.3d 70 (2d Cir. Beijing Economical and Technological Development Area, Beijing 100176 Phone: 86 10 6780 3885 www.kpsystem.com [9] A great deal of this acquisition activity served to build the Dover Elevator business. Dover Corporation Announces Redemption of 4.300% Notes Due 2021 and 2.125% Notes Due 2020. Dover was formed in 1947 and is based in Downers Grove, Illinois. - Page 4 - 4 - As explained in greater detail in our Memorandum Opinion filed this day in a companion case, Dover Corporation and Subsidiaries v. Commissioner, T.C. Finally, Unified Brands partner with customers to find smart, differentiated food equipment solutions[buzzword] that result in better meals, an elevated consumer experience and an exponential return on investment. Factors at play in this decision included Chicago's central location, wide variety of housing options for employees, quality of life, and nearby air service to national and global destinations. [23] The Sargent Aerospace & Defense unit persisted as a global supplier of precision-engineered components and aftermarket services, performing critical functions on a variety of commercial and military aircraft, submarines, and land-based vehicles. The 1970s were characterized by Dover's intent to expand beyond its principle industries of building materials, equipment, and industrial components. United Technologies. Where Incorporated. Peerless Manufacturing Company (1955-1977) Company Name. ], Fred Durham influenced Dover's corporate culture, emphasizing autonomy, decentralization, and few corporate staff members. [6] Founded in 1955 in New York City,[1] Dover is now based in Downers Grove, Illinois,[6] and employs more than 26,000 people worldwide. Founded in 1955 in New York City, Dover is now based in Downers Grove, Illinois, and employs more than 26,000 people worldwide. JK Group, Markem-Imaje, MS Printing Solutions, and OK International all serve the printing and identification markets. Dover Chemical Corporation is an equal opportunity employer. Rul. 107. Such decision led respondent to disallow a large overpayment that petitioner had elected to be treated as a credit to be applied against its estimated tax liability for 1993. Dover Corporation and Subsidiaries, et al. We Are Dover. Domestic . For reporting purposes, these five major subsidiaries were represented in four sections: building industries (Dover Elevator International); electronic products (Dover Technologies); petroleum (Dover Resources); and industrial and aerospace products (Dover Industries, Dover Sargent). 5842-91, 19640-91, Filed July 28, 1997. Dover To learn more about OPW's 125 years of providing industry-leading solutions, visit our website at opwglobal.com. [21] Today, Alberta Oil Tool produces specialty drive rods, Norris tubular fittings, Norriseal control valves, and other products.