Dover Corp Stock Price, News & Analysis

Belvac, a Dover (NYSE: DOV) company specializing in metal container manufacturing solutions, has completed a turnkey integration project for Recorp NZ in Auckland, New Zealand. The project features a Drawn and Ironed can manufacturing line with an initial capacity of 1,800 cans per minute, scalable to 2,400 cpm.

The comprehensive project delivery included manufacturing equipment, ancillary systems, container designs, facility arrangements, plus mechanical and electrical design, installation, commissioning, optimization, and personnel training. This implementation enables Recorp NZ to offer the broadest range of can formats in the domestic market with low minimum order quantities (MOQs).

The new production line emphasizes operational efficiency and sustainability, incorporating advanced manufacturing equipment, conveyance systems, and production design to reduce spoilage rates.

Systech, a Dover company subsidiary and digital identification solutions provider, has launched the ST16 Semi-Automated Multi-Aggregation Station for pharmaceutical industry applications. This new solution combines software with hardware to optimize productivity and streamline processes in pharmaceutical packaging operations.

The ST16 offers dual functionality for aggregation and rework tasks in a single station, featuring automatic case detection, label inspection, and remote focus technology to reduce mechanical adjustments. The system is designed to improve efficiency in pharmaceutical supply chains that typically process over one million units daily, eliminating the need for manual unit scanning of non-aggregated cases.

Key features include case and pallet label printing capabilities, pallet label inspection options, and Pack-By-Layer software for rapid aggregation with minimal operator intervention. The solution emphasizes ergonomic design and ease of maintenance. Systech is showcasing the ST16 at PharmaPack 2025 in Paris.

Dover (NYSE: DOV) has announced the acquisition of Cryogenic Machinery Corp. (Cryo-Mach), a North Hollywood-based manufacturer of cryogenic centrifugal pumps, mechanical seals, and accessories. The acquisition will be integrated into Dover's PSG business within its Pumps & Process Solutions segment.

The strategic move expands Dover's presence in the cryogenic end market, particularly in applications involving liquified oxygen, argon, and nitrogen. This acquisition enhances Dover's participation in industrial gas and transportation markets while diversifying PSG's portfolio with cryogenic centrifugal pump technology. Financial terms of the transaction were not disclosed.

BASE Engineering, a Dover (NYSE: DOV) company within OPW's Fluid Transfer Solutions unit, has launched its new Long-Range Chipset. The technology enhances wireless communication capabilities for BASE Engineering's Ranger and ProControl handheld devices, offering range exceeding 1,000 feet (305 meters) with external antennas.

The chipset significantly improves communication reliability in industrial environments where propane and refined fueling equipment, construction equipment, cement and vacuum trucks, cranes, cargo ships, and manufacturing facilities operate. A key advantage is that many applications can function without external antennas, enabling cleaner and faster installations.

Dover (NYSE: DOV) has announced the acquisition of select assets from Carter Day International's petrochemical division. These assets will be integrated into Dover's MAAG business unit, which operates within the company's Pumps & Process Solutions segment. The acquisition enhances MAAG's pelletizing-system portfolio by adding specialized dewatering and drying equipment for the plastics industry, along with complementary high-volume dryer technology. The financial terms of the transaction were not disclosed.

Dover (NYSE: DOV) has announced its schedule for the release of fourth quarter 2024 earnings. The company will release its earnings report on Thursday, January 30, 2025, at approximately 6:00 a.m. Central time. A conference call will follow at 8:00 a.m. Central time to discuss the results.

Investors can participate in the conference call by dialing 1 (800) 245-3047 (domestic) or 1 (203) 518-9765 (international) using conference ID DOVQ424. A live audio webcast will be available on Dover's website. An audio replay will be accessible from January 30 until February 20, and the webcast replay will be archived on Dover's website for 90 days.

SWEP, a Dover (NYSE: DOV) company and leading supplier of brazed plate heat exchangers, has opened a new propane testing facility at its R&D Center in Landskrona, Sweden. The facility enables testing of up to XL-size units, expanding from their previous small- and medium-sized testing capabilities established in 2019.

This development responds to increasing market demand for natural and low-GWP refrigerant systems, driven by policies like the European F-Gas Regulation. The new test rig is designed for wide propane envelope testing and will support the development of heat exchangers optimized for next-generation heat pumps and chillers.

The facility is part of SWEP's Global Investment Program (2019-2025), focusing on expanding capacity and capabilities while ensuring operational safety due to propane's flammable properties.

Dover (DOV) subsidiary Caldera has launched Version 18 of its RIP software for large-format digital printing and cutting. The new release introduces several key enhancements including Adobe PDF Print Engine 6.3 integration, macOS Sequoia compatibility, and improved color accuracy through official Pantone, RAL, HKS, and NCS Spot Color Libraries.

CalderaCare subscribers will receive exclusive features including enhanced cutting accuracy on transparent films, grouped material assignment in EasyMedia, and production data collection capabilities via REST API. The update aims to boost productivity, streamline workflows, and improve print quality for professional printers while enabling integration with ERP and e-commerce systems.

Markem-Imaje, a Dover (NYSE: DOV) company, has launched its new Ultraply range of ribbons and self-adhesive labels, designed to meet increasing demand for high-quality, phone-scannable 2D barcodes in e-commerce and direct-to-consumer operations. The range includes four solutions: Ultraply Premium for demanding applications, Ultraply Performance for versatile use, Ultraply Prime for cost-effective solutions, and Ultraply Direct for high-speed labeling.

The products are optimized for Print and Apply (P&A) labelers, offering solutions from basic to complex case and pallet operations. The range focuses on delivering readable and durable 1D and 2D codes that comply with food regulations while maximizing printhead life and minimizing waste.