- Business
- Dover Corporation Dover Corporation is a diversified global manufacturer and solutions provider of innovative equipment, components, consumable supplies, aftermarket parts, software, digital solutions, and support services across five operating segments: Engineered Products; Clean Energy & Fueling; Imaging & Identification; Pumps & Process Solutions; and Climate & Sustainability Technologies. The Engineered Products segment serves vehicle aftermarket, aerospace and defense, industrial winch and hoist, and fluid dispensing markets with industry-leading equipment, components, and software; Clean Energy & Fueling offers safety and efficiency solutions for convenience retail, fueling, clean energy, cryogenic gas, and vehicle wash markets; Imaging & Identification designs equipment, consumables, and software for marking & coding, product traceability, authentication, and digital textile printing; Pumps & Process Solutions supplies performance-critical components for fluid handling in chemical, bioproduction, hygienic, energy, and industrial sectors; and Climate & Sustainability Technologies develops energy-efficient equipment for commercial refrigeration, heating & cooling, and beverage packaging. Headquartered in Downers Grove, Illinois, and founded in 1955, Dover Corporation operates worldwide, employing approximately 24,000 people and generating annual revenue exceeding $7 billion, with a focus on markets including industrial, energy, food retail, and aerospace. Recent developments include the completion of the $2 billion sale of its Environmental Solutions Group to Terex Corporation in October 2024; the divestiture of DESTACO to Stabilus for $680 million in April 2024; the acquisition of Malema Engineering Corporation in 2022 to bolster Pumps & Process Solutions; an over $20 million investment announced in October 2025 to expand Dover Food Retail's manufacturing campus in Virginia, relocating Anthony brand production from California, adding state-of-the-art equipment, R&D labs, a parts hub, and distribution center while creating over 300 jobs; the acquisition of Bulloch Technologies by Dover Fueling Solutions to enhance POS solutions for convenience stores; and a pending agreement to acquire SIKORA AG for €550 million in Q2 2025 to join the MAAG unit in Pumps & Process Solutions.