Dover Corporation · New York, NY United States · (NYSE: DOV)
Company Description
Phone: 212-922-1640
Fax: 212-922-1656
Rankings
- #333 in FORTUNE 500
- S&P 500
More Companies in: New York, New York
More Companies in These Related Industries: Machine Tools, Construction Equipment Mfg, Elevator & Moving Stairway Mfg, Packaging Equipment Mfg
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This link will open in a new window The "D" in Dover could stand for diversity. Dover manages approximately 40 companies that make equipment ranging from car wash systems to aerospace components. Dover operates in four segments: Electronic Technologies, Engineered Systems, Fluid Management, and Industrial Products. The company maintains a highly decentralized management culture, with a president for each division as well as for each subsidiary company. It has kept up a long-term acquisition and divestment strategy, participating in several transactions per year. The diversification means that while Dover might benefit from some changing economic tides, it may be negatively impacted concurrently by others. To read the full description, subscribe now.
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Key Dover Corporation Financials
| Company Type | Public - NYSE: DOV Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $7,568.9 |
| 2008 Employees | 32,300 |
Dover Corporation Executives
52 executives listed for Dover Corporation's New York, NY location.
| Title | Name & Bio | Contact |
| Chairman | Robert Cremin | |
| President, CEO, and Director | Robert Livingston | |
| VP Finance and CFO | Brad Cerepak |
Competition
Competitive Landscape for Dover Corporation
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Dover Corporation Competitors
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