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CPC Launches Industry-First Product for Cell and Gene Therapy Sterile Processing
Prnewswire· 2025-01-29 21:15
Core Insights - CPC has launched the MicroCNX® Nano Series aseptic connectors aimed at simplifying closed sterile processing in cell and gene therapy (CGT) [1][2] - The new connectors allow for easier assembly of sterile flow paths, moving away from older techniques like tube welding, which can create holdup volume [2][3] - The MicroCNX Nano connectors can withstand freezing temperatures down to -190°C, supporting cell health during storage and transport [3] Company Overview - CPC (Colder Products Company) is a leader in single-use connection technology for biopharmaceuticals, cell therapy, and gene therapy [5] - The company offers a variety of connectors that enhance production yields, reduce time to market, and maintain media sterility [5] - CPC is part of Dover Corporation, which has an annual revenue exceeding $7 billion and operates across multiple segments [6]
Markem-Imaje Launches New Bi-Jet Continuous Inkjet Printer
Prnewswire· 2025-01-28 21:15
Group 1: Product Launch - Markem-Imaje has launched the new 9712 Bi-Jet continuous inkjet (CIJ) printer aimed at construction, pharmaceuticals, and food manufacturers needing to print large codes or significant amounts of information on products [1][2] - The 9712 printer combines the functions of two machines into one, potentially reducing manufacturers' upfront capital costs by up to 50% and lowering operational expenses while providing high-quality coding performance [2][3] Group 2: Operational Efficiency - The 9712 printer allows manufacturers to operate with only one printer instead of the standard two CIJ printers, freeing up capital for other business priorities and reducing maintenance requirements [3] - The printer features market-leading service intervals between major preventive maintenance and Intelli'Swap® technology, which minimizes line shutdowns and maintenance-related costs compared to competing CIJ printers [5] Group 3: Technological Advancements - The 9712 printer includes the Intelli'Inks™ system for error-proof performance and lower consumption of Volatile Organic Compounds emissions, along with Jet Speed Control for automatic adjustments to ensure drop placement, quality, and code consistency [5] - The printer is designed for easy, customizable integration into Industry 4.0 systems, providing access to an intelligent self-support solution to enhance overall equipment effectiveness [5] Group 4: Company Overview - Markem-Imaje is a subsidiary of Dover Corporation, a global provider of supply chain solutions and industrial marking and coding systems, serving over 50,000 customers worldwide [3][4] - Dover Corporation has an annual revenue exceeding $7 billion and operates through five segments, employing approximately 24,000 people [4]
Advansor Launches Three New CO2 Climate Solutions
Prnewswire· 2025-01-27 21:15
Core Insights - Advansor has launched three innovative climate solutions aimed at enhancing sustainability and energy efficiency in the food retail, industrial, and energy sectors [1][2] Group 1: Innovations - The enhanced ValuePack CO2 climate solution is a highly energy-efficient platform that supports up to seven compressors for various applications, helping businesses reduce their carbon footprint and energy costs [5] - The ValueBox Combi is a plug-and-play CO2 heat pump that provides both heating and cooling, with capacities ranging from 200-700 kW and scalable up to 5 MW, offering a sustainable alternative to fossil fuel-based systems [5] - The SteelXL CO2 all-in-one climate solution is designed for high efficiency and reduced costs, operating entirely on natural CO2 and aligning with EU greenhouse gas regulations [5] Group 2: Company Background - Advansor has designed and produced over 16,000 CO2 systems for sustainable cooling and heating since 2006, positioning itself as a market leader in this sector [3] - Dover Food Retail, part of Dover Corporation, focuses on creating unique food experiences and offers a comprehensive portfolio of innovative solutions to enhance customer profitability [4] - Dover Corporation is a diversified global manufacturer with annual revenue exceeding $7 billion, operating across five segments including Climate & Sustainability Technologies [5][6]
Dover to Report Q4 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-01-24 18:11
Core Viewpoint - Dover Corporation (DOV) is expected to report a decline in both revenue and earnings for the fourth quarter of 2024, with a consensus revenue estimate of $1.98 billion, reflecting a 6.2% decrease year-over-year, and an earnings estimate of $2.08 per share, indicating a 15.1% decline from the previous year [2]. Financial Performance - The Zacks Consensus Estimate for DOV's revenues is $1.98 billion, indicating a 6.2% decline from the year-ago figure [2]. - The consensus estimate for earnings is $2.08 per share, which indicates a year-over-year decline of 15.1% [2]. - Dover has an average earnings surprise of 4% over the trailing four quarters, having beaten the Zacks Consensus Estimates each time [3]. Earnings Prediction - Dover has an Earnings ESP of +0.10% and currently holds a Zacks Rank of 3 (Hold) [4]. - The model predicts an earnings beat for Dover, supported by a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [3]. Segment Performance - **Engineered Products Segment**: Expected revenues of $310 million, a decline of 5.5% year-over-year, with organic sales positively impacting by 11.8% but offset by a 17.3% decline due to divestiture [7]. - **Clean Energy and Fueling Solutions Segment**: Projected revenues of $473 million, reflecting a 5.3% increase year-over-year, driven by strong demand in North America [9]. - **Imaging & Identification Segment**: Anticipated revenues of $292 million, indicating a 2% rise from the prior-year quarter, with organic sales growth of 2.9% [11]. - **Pumps & Process Solutions Segment**: Expected revenues to increase by 9.8% year-over-year to $488.3 million, with an adjusted EBITDA of $148.3 million, implying 11% year-over-year growth [14]. - **Climate and Sustainability Technologies Segment**: Projected revenues of $395.6 million, a 0.7% decline from the year-earlier figure, with adjusted EBITDA estimated at $74 million [15]. Market Performance - Dover's shares have gained 32.8% over the past year, outperforming the industry growth of 15.2% [16].
Belvac Expands Global Customer Base with Turnkey Integration Project in New Zealand
Prnewswire· 2025-01-23 21:15
DOWNERS GROVE, Ill., Jan. 23, 2025 /PRNewswire/ -- Belvac, part of Dover (NYSE: DOV) and a leading supplier of metal container manufacturing solutions, announced that it has completed its latest turnkey integration project for Recorp NZ in Auckland, New Zealand. "Our latest integration project reaffirms Belvac as a trusted partner for companies seeking advanced can and bottle manufacturing solutions," said David Mammolenti, President of Belvac. "In a rapidly evolving industry, Belvac remains at the forefron ...
Dover Corporation (DOV) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
ZACKS· 2025-01-23 16:07
The market expects Dover Corporation (DOV) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 30, 2025, might help the stock move higher if these key numbe ...
Dover Boosts PSG Business Portfolio With Cryo-Mach Acquisition
ZACKS· 2025-01-21 19:01
Dover Corporation (DOV) announced that it acquired a specialized designer and manufacturer, Cryogenic Machinery Corp. ("Cryo-Mach"). This move will boost DOV’s position in the cryogenic end market.Buyout to Aid DOV’s Participation in Cryogenic ApplicationsCryo-Mach, headquartered in California, specializes in the designing and manufacturing of mission-critical cryogenic centrifugal pumps, mechanical seals and accessories. It will become part of Dover’s PSG business within the Pumps &  Process Solutions segm ...
Dover Adds Cryogenic Pumps to Its Pumps & Process Solutions Segment
Prnewswire· 2025-01-20 21:15
Acquisition Overview - Dover has acquired Cryogenic Machinery Corp (Cryo-Mach), which will be integrated into the PSG business within Dover's Pumps & Process Solutions segment [1] - The acquisition aims to expand Dover's presence in the cryogenic end market [1] Strategic Benefits - Cryo-Mach specializes in designing and manufacturing mission-critical cryogenic centrifugal pumps, mechanical seals, and accessories [2] - The acquisition enhances Dover's capabilities in cryogenic applications, including liquified oxygen, argon, and nitrogen, and strengthens its position in industrial gas and transportation markets [2] - The addition of Cryo-Mach's technology diversifies PSG's portfolio and strengthens its position in the cryogenic end market [2] Management Perspective - Karl Buscher, President of PSG, expressed enthusiasm about adding Cryo-Mach to Dover's portfolio, emphasizing the acquisition's alignment with the company's strategy to expand core markets and access adjacent markets for sustainable, profitable growth [3] Company Background - Dover is a diversified global manufacturer with annual revenue exceeding $7 billion, operating across five segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies [4] - The company employs approximately 24,000 people and is recognized for its entrepreneurial approach and operational agility [4]
BASE Engineering Releases New Long-Range Chipset to Improve Communications in Challenging Industrial Operating Environments
Prnewswire· 2025-01-16 21:15
DOWNERS GROVE, Ill., Jan. 16, 2025 /PRNewswire/ -- BASE Engineering, Inc., part of OPW's Fluid Transfer Solutions business unit and Dover (NYSE: DOV), today announced the launch of its new Long-Range Chipset. This new wireless chipset option has been designed to increase range, reliability and installation flexibility beginning with the BASE Engineering portfolio of Ranger and ProControl handheld communication devices. The Long-Range Chipset features the capability to exceed 1,000 feet (305 meters) of range ...
Why Dover (DOV) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-01-15 18:16
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Dover Corporation (DOV) . This company, which is in the Zacks Manufacturing - General Industrial industry, shows potential for another earnings beat.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.94%, on average, in the las ...