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 ...

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]

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 ...

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 ...

DOWNERS GROVE, Ill., Jan. 13, 2025 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has acquired certain assets within Carter Day International, Inc.'s petrochemical division. The acquired assets now become part of the MAAG business unit within Dover's Pumps & Process Solutions segment, expanding MAAG's pelletizing-system portfolio of dewatering and drying equipment for the plastics industry with highly-engineered products and proprietary technologies, and also include complementary high-volume dry ...

DOWNERS GROVE, Ill., Jan. 9, 2025 /PRNewswire/ -- Dover (NYSE: DOV) announced today that it will release fourth quarter 2024 earnings at approximately 6:00 a.m. Central time (7:00 a.m. Eastern time) on Thursday, January 30, 2025. Later that morning, Dover will host a conference call at 8:00 a.m. Central time (9:00 a.m. Eastern time) to discuss these results.To participate in the conference call, please dial 1 (800) 245-3047 (domestic) or 1 (203) 518-9765 (international), conference ID DOVQ424. Due to the ex ...

DOWNERS GROVE, Ill., Dec. 30, 2024 /PRNewswire/ -- SWEP, part of Dover (NYSE: DOV) and a world-leading supplier of brazed plate heat exchangers (BPHEs), today announced the opening of a new rig for propane testing at the SWEP Research & Development Center in Landskrona, Sweden.Recent policies such as the European F-Gas Regulation are driving market demand for heating and cooling systems that operate with natural- or low-GWP refrigerants. The capability to run large scale propane testing is an important step ...

DOWNERS GROVE, Ill., Dec. 18, 2024 /PRNewswire/ -- Caldera, part of Dover (NYSE: DOV), today announced the launch of Version 18 of its award-winning raster image processor ("RIP") software for large-format digital printing and cutting. Version 18 introduces a wide range of features and enhancements designed to boost productivity, streamline workflows, and improve print quality for professional printers."CalderaRIP Version 18 represents a major step forward in how we help printing professionals manage their ...

DOWNERS GROVE, Ill., Dec. 11, 2024 /PRNewswire/ -- Markem-Imaje, part of Dover (NYSE: DOV) and a global provider of end-to-end supply chain solutions and industrial marking and coding systems, today announced the launch of its Ultraply ribbons and self-adhesive labels range. With its innovative Print and Apply (P&A) labelers, the new range addresses growing demand for high-quality, phone scannable 2D barcodes driven by the exponential rise of e-commerce and direct-to-consumer (DTC) models.The Ultraply range ...

DOWNERS GROVE, Ill., Dec. 4, 2024 /PRNewswire/ -- Malema™, part of PSG and Dover (NYSE: DOV) and a leading provider of flow meter technologies for use in industrial and semiconductor applications, today announced the launch of the new Malema CIFM-88 Series DuraMassFlow™ PFA Coriolis Industrial Flow Meter. The new flow meter is suitable for chemical processing, pharmaceutical manufacturing, food and beverage production, paper applications, as well as wastewater treatment."The updated Coriolis flow meter embo ...