Dover Corporation
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Dover Corporation (NYSE: DOV) is a Fortune 500 and S&P 500 manufacturer of specialized industrial products and equipment within six segments. Dover Corporation is based in New York, NY.
[edit] History
Dover Corporation can trace its roots to the Automobile Rotary Lift Company, founded in 1925. In 1955 Dover Corporation was created with Rotary Lift as its first division. Rotary Lift was instrumental in popularizing the modern hydraulic passenger elevator.
In 1959 Dover Corp. split Rotary Lift into two separate divisions: Rotary Lift, which continued manufacturing automobile lifts, and Dover Elevator Division, which focused on passenger and freight elevators. Dover Corp. sold its elevator division to German industrial conglomerate ThyssenKrupp in 1997.[1]
In 2007 Dover merged its four operating product identification companies into two business groups. Datamax Pioneer and O'Neil Printer Supplies Group merged to become Datamax O'Neil Printer Supplies [2], and Markem Corporation and Imaje Group became Markem-Imaje [3].
[edit] References
- ^ Mergers and Acquisitions
- ^ Two Dover Corp. Units Merge, Yahoo! Finance, Associated Press, August 8, 2007
- ^ [1], Process Online News, November 27, 2007
[edit] External links
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