Dover Food Retail Announces Expansion of Manufacturing Campus in Virginia

Dover Food Retail (NYSE: DOV) will invest over $20 million to expand its Virginia manufacturing campus by relocating its Anthony brand production from Sylmar, CA, to Virginia, with the project projected to create more than 300 new jobs over the next year.

Rhea-AI Summary

Dover Food Retail (NYSE: DOV) will invest over $20 million to expand its Virginia manufacturing campus by relocating its Anthony brand production from Sylmar, CA, to Virginia, with the project projected to create more than 300 new jobs over the next year.

The expansion adds state-of-the-art equipment, expanded research and development laboratories, a Dover Food Retail parts hub, and a new distribution center of excellence to increase production of commercial glass refrigerators and freezer doors and frames for food retail customers across North America and worldwide.

Positive

• Investment of over $20 million to expand Virginia operations
• Projected creation of more than 300 jobs within the next year
• Relocation centralizes Anthony brand manufacturing at Virginia campus
• Addition of R&D labs, parts hub, and distribution center

Negative

• Relocation moves Anthony manufacturing out of Sylmar, CA

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News Market Reaction – DOV

On Oct 21, the first trading day after this news, DOV closed 2.44% above the previous close.

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DOWNERS GROVE, Ill., Oct. 20, 2025 /PRNewswire/ -- Dover Food Retail, a part of Dover (NYSE: DOV) and a leading manufacturer of commercial and industrial refrigeration systems and refrigerated display cases, announced that it will invest over $20 million to expand its Virginia operations by relocating its Anthony® brand manufacturing from Sylmar, CA, to its Virginia campus, which is projected to create more than 300 new jobs over the next year.  

The investment will expand on its current production with skilled workers manufacturing a wide range of commercial glass refrigerators and freezer doors and frames, utilizing cutting-edge technology to meet the demanding specifications of food retail customers across North America and worldwide.

"We are excited to be able to continue the growth journey in our Virginia campus. This latest round of investments will add all-new, state-of-the-art equipment to our factories, expand our research and development laboratories, create a Dover Food Retail parts hub, and establish our new distribution center of excellence," said Paul Sindoni, President of Dover Food Retail. "This investment will build upon our strong foundation of Dover Food Retail's U.S.-based manufacturing capabilities, building on our commitment to delivering exceptional products to our customers and maintaining our position as the innovation leaders in the industry."

About Dover Food Retail

Dover Food Retail is the partner to customers seeking to create unique food experiences. Operating through our industry-leading brands, Anthony, Hillphoenix, Advansor, and The AMS Group, and headquartered in Conyers, Georgia, we can provide insight and a comprehensive portfolio of innovative solutions that enable our customers to sell more food profitably. Our ability to evolve with the ever-changing market demands is driven by our passion for understanding our customers' business and providing them with the best quality products and services they need to succeed today and in the future. Our focused, forward-thinking approach, combined with the strength of our brands, sets the stage for streamlined product development, a broader product portfolio, and cutting-edge technology, redefining what is possible for customers in the food retail value chain. The Dover Food Retail group of companies are subsidiaries of Dover Corporation.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.

Dover Food Retail Contact:
Kelly Sayko
(804) 526-4455
ksayko@doverfoodretail.com 

Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com     

Dover Investor Contact:
Jack Dickens, VP, Investor Relations
(630) 743-2566
jdickens@dovercorp.com

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SOURCE Dover

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is Dover Food Retail (DOV) investing in the Virginia expansion announced Oct 20, 2025?

Dover Food Retail is investing over $20 million to expand its Virginia campus.

How many jobs will Dover Food Retail (DOV) create with the Virginia expansion?

The company projects the expansion will create more than 300 new jobs over the next year.

What manufacturing changes did Dover Food Retail (DOV) announce on Oct 20, 2025?

Dover is relocating Anthony brand manufacturing from Sylmar, CA, to its Virginia campus.

What new facilities will Dover Food Retail add at its Virginia campus?

The expansion includes state-of-the-art equipment, expanded R&D laboratories, a parts hub, and a distribution center of excellence.

Will the Virginia expansion affect Dover Food Retail (DOV) production for food retail customers?

The company said the expansion will increase production of commercial glass refrigerators and freezer doors and frames to serve food retail customers across North America and worldwide.

When did Dover Food Retail (DOV) announce the Virginia investment and relocation?

Dover announced the investment and relocation on October 20, 2025.