STOCK TITAN

Markem-Imaje Launches Breakthrough Trigger Device for Portable Coding and Marking

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Markem-Imaje, a part of Dover (NYSE: DOV), has launched a Marking Trigger Device that enhances the flexibility of its equipment for direct coding on a wide range of surfaces and sizes, including objects as large as aircraft wings. The device, invented by a Markem-Imaje product expert, enables direct coding onto an object regardless of its position or environmental conditions. This innovation empowers customers to easily and cost-effectively print on objects that were previously difficult to reach, providing enhanced flexibility for difficult-to-reach objects and is a productive, intuitive, and cost-effective coding and rework solution.
Positive
  • None.
Negative
  • None.

The introduction of the Marking Trigger Device by Markem-Imaje represents a strategic move to expand its product portfolio and address a broader market segment. The versatility of the device to code on various surfaces and sizes, including large industrial components, opens up new revenue streams for Dover's subsidiary. This innovation could potentially lead to the acquisition of new customers, particularly from industries that handle large-scale items, such as aerospace, construction and heavy machinery.

By analyzing market trends, it's clear that there is an increasing demand for customization and flexibility in industrial processes. The ability to code on objects regardless of environmental conditions aligns with the shift towards more agile and adaptable production techniques. This product could strengthen Markem-Imaje's competitive position, as it offers a solution that is not only innovative but also intuitive and cost-effective, which is a compelling value proposition for businesses looking to reduce operational costs and increase efficiency.

The Marking Trigger Device leverages modern engineering principles, such as Intelli'Design, to enhance operational efficiency. This principle likely involves smart design choices that enable ease of use and maintenance, reducing downtime and training requirements. The device's ability to adjust to different object shapes and sizes without compromising the quality of coding is significant. It indicates a level of precision engineering that could set a new industry standard for marking and coding equipment.

From a technological standpoint, the seamless integration of the device with existing equipment suggests a forward-thinking approach to product development. By enabling operators to install the device quickly and triggering codes automatically, Markem-Imaje is addressing a key pain point in the industry—minimizing manual intervention and the potential for human error in coding operations.

The deployment of the Marking Trigger Device in supply chain operations could have substantial implications for traceability and compliance. Accurate coding is crucial for tracking products throughout the supply chain and the ability to code on unconventional surfaces enhances this capability. For industries with stringent regulatory requirements, such as pharmaceuticals or aerospace, this device could simplify compliance with traceability standards.

In the long-term, the adoption of such devices could lead to more robust supply chain management systems, as the enhanced coding capabilities enable better data collection and analysis. This innovation could also reduce the need for secondary operations, such as rework or manual coding, thereby streamlining the supply chain and potentially reducing lead times and associated costs.

DOWNERS GROVE, Ill., Jan. 24, 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 that it has launched a Marking Trigger Device that enhances the flexibility of its equipment for direct coding on a wide range of surfaces and sizes, including objects as large as aircraft wings.

The Marking Trigger Device, which was invented by a Markem-Imaje product expert as part of an internal innovation competition, enables direct coding onto an object, regardless of its position or environmental conditions. The innovation may be used on many large and unwieldy objects, such as large tubes, pipes and construction materials. Additionally, it can be quickly and easily installed on the printhead or handheld by the operator, with each code automatically triggered onto the object.

"The Marking Trigger Device empowers customers to code what they need, where they need it, and bolsters the flexibility of the Markem-Imaje marking and coding solutions. With this device, customers across a broad range of industries can now easily and cost-effectively print on objects that were previously difficult to reach," said Guillaume Montagnat, Product Marketing Manager at Markem-Imaje.

This new, innovative device has been meticulously engineered and qualified using modern methods. It provides enhanced flexibility for difficult-to-reach objects and is a productive, intuitive, and cost-effective coding and rework solution. The device is engineered according to the Intelli'Design principle, with handheld code-triggering properties that address hard-to-reach applications or conveyor-less production environments. Its enhanced stability allows for quality coding, even when messages are long, and it seamlessly adjusts to flat and rounded objects. 

About Markem-Imaje:

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. Markem-Imaje provides global reach to over 50,000 customers with 30 subsidiaries, 6 technology centers, several equipment repair centers and manufacturing plants with the most comprehensive marking and coding portfolio available in the marketplace. Visit www.markem-imaje.com for further information.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 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 65 years, our team of over 25,000 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.

Markem-Imaje Contact:
Viktor Hermansson
+34 627 80 86 10
vhermansson@markem-imaje.com 

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

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/markem-imaje-launches-breakthrough-trigger-device-for-portable-coding-and-marking-302043655.html

SOURCE Dover

FAQ

What is the Marking Trigger Device launched by Markem-Imaje?

The Marking Trigger Device is a new innovation that enhances the flexibility of Markem-Imaje's equipment for direct coding on a wide range of surfaces and sizes, including large objects like aircraft wings.

Who is the parent company of Markem-Imaje?

Markem-Imaje is a part of Dover, with the ticker symbol 'DOV' on the New York Stock Exchange (NYSE).

What are the capabilities of the Marking Trigger Device?

The device enables direct coding onto an object, regardless of its position or environmental conditions, and can be quickly and easily installed on the printhead or handheld by the operator.

Who invented the Marking Trigger Device?

The device was invented by a Markem-Imaje product expert as part of an internal innovation competition.

How does the Marking Trigger Device benefit customers?

The device empowers customers to easily and cost-effectively print on objects that were previously difficult to reach, providing enhanced flexibility for difficult-to-reach objects and is a productive, intuitive, and cost-effective coding and rework solution.

Dover Corporation

NYSE:DOV

DOV Rankings

DOV Latest News

DOV Stock Data

24.60B
139.18M
0.42%
88.26%
2.82%
Oil and Gas Field Machinery and Equipment Manufacturing
Manufacturing
Link
United States of America
DOWNERS GROVE

About DOV

dover is a diversified global manufacturer with annual revenues of approximately $7 billion. we deliver innovative equipment and components, specialty systems and support services through four major operating segments: energy, engineered systems, fluids, and refrigeration & food equipment. dover combines global scale with operational agility to lead the markets we serve. recognized for our entrepreneurial approach for 60 years, our team of over 26,000 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 www.dovercorporation.com.