Welcome to our dedicated page for Dover news (Ticker: DOV), a resource for investors and traders seeking the latest updates and insights on Dover stock.
Dover Corporation (NYSE: DOV) delivers engineered solutions across clean energy, industrial manufacturing, and advanced technologies. This dedicated news hub provides investors and industry professionals with essential updates about the company's strategic developments.
Access official press releases covering earnings results, product innovations, sustainability initiatives, and operational milestones. Our curated collection simplifies tracking DOV's progress in key segments including Climate & Sustainability Technologies, Pumps & Process Solutions, and Clean Energy & Fueling systems.
Stay informed about leadership changes, partnership announcements, and market expansions through verified updates. All content is organized chronologically for quick reference, with clear sourcing to ensure reliability. Bookmark this page for efficient monitoring of Dover's advancements in industrial automation, digital identification systems, and specialized manufacturing solutions.
Metcal, a brand under Dover (NYSE: DOV), announced the launch of its MSA Series smoke absorbers, designed for efficient fume extraction during hand soldering. These compact workbench fans include the MSA-35L, a dual-position model, and the MSA-25U, a USB-powered unit. Both products aim to enhance operator safety by filtering harmful flux fumes and operate quietly while providing easy filter replacements. Metcal emphasizes these absorbers as essential for workspaces with limited room, furthering its commitment to innovation in benchtop solutions.
Pole/Zero, part of Microwave Products Group, has been awarded a $53.5 million contract from the US Department of Defense. The contract will enable the procurement of antenna interface units, communications trays, and other technical assemblies for the P-8A Poseidon communications suite, benefiting the US Navy and foreign military sales, including Australia. Work will be conducted in West Chester, Ohio, and is scheduled for completion by October 2028. This contract marks a significant development for Dover (NYSE: DOV) in the defense sector.
Dover has officially completed the acquisition of Witte Pumps & Technology GmbH, a German manufacturer of precision gear pumps, for an undisclosed amount. Witte, which is expected to generate approximately €40 million in revenue for 2022, will enhance Dover's Maag business unit within its Pumps & Process Solutions segment. This acquisition aims to broaden product offerings and improve geographic reach. Witte's established technology and a strong customer base will enable Dover to drive growth and cost efficiencies through integration.
Dover (NYSE: DOV) announced a strategic partnership between its Vehicle Service Group and TEXA, a leader in diagnostic tools for the vehicle repair industry. This collaboration aims to enhance Rotary's offerings in the automotive service sector by introducing a mobile Advanced Driver Assistance System (ADAS) solution and new fully automatic air conditioning (A/C) charging stations. The mobile ADAS solution will provide cost-efficient calibration services, while the A/C machines will facilitate quick refrigerant recovery and recycling.
Caldera, a part of Dover (NYSE: DOV), launched Version 16 of its raster image processor software, enhancing digital printing for users. The update features over 50 new Print & Cut drivers and improved licensing management through CalderaDock 2.0, streamlining the installation process. The software, compatible with macOS Ventura, utilizes Adobe PDF Print Engine 6, ensuring high-quality prints with advanced color management.
Caldera emphasizes efficiency for print operators, allowing for automation of processes within various printing environments.
Techcon, a part of Dover (NYSE: DOV), has launched the TS8200D Series Micro-Meter Mix Dispensing System, designed for precise dispensing of two-component adhesives like epoxies and polyurethanes. This system integrates updated M-Series Progressive Cavity Pumps and features software-controlled mix ratio configurations ranging from 1:1 to 10:1, ensuring accurate dispensing. Additional features include pressure sensors for monitoring pump performance, significantly minimizing the risk of cross-contamination.
This innovative solution targets industries such as electronics and automotive, enhancing operational efficiency.
Central Research Laboratories (CRL), a part of Dover (NYSE: DOV), has launched the E Rapid Transfer Port (ERTP), enhancing its product line for life sciences. This innovative model features a one-hand unlatched access door, a compact handle-turn radius, and reduced moving parts for easier maintenance. The ERTP is designed for compatibility with standard beta-flange systems, ensuring effective cleaning and operation. CRL aims to streamline production and reduce costs with this new offering, reflecting its 25 years of experience in developing remote-handling solutions.
Dover's Board of Directors has announced a quarterly cash dividend of $0.505 per share, payable on December 15, 2022. This dividend will benefit shareholders of record as of November 30, 2022. Dover, a diversified global manufacturer with over $8 billion in annual revenue, operates across five segments, including Engineered Products and Clean Energy. The company employs over 25,000 people and is recognized for its operational agility in the markets it serves.
Dover (NYSE: DOV) announced that its President and CEO, Richard J. Tobin, will speak at the Baird 2022 Global Industrial Conference in Chicago, Illinois, on November 8, 2022, at 7:55 am CT. Investors can access a live audio webcast of the presentation via dovercorporation.com, with an archive available for 90 days. Dover is a global manufacturer with annual revenues exceeding $8 billion, operating across five segments, and recognized for its innovative solutions and entrepreneurial approach.
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