Exhibit 21. [38] In addition, between 2008 and 2010, Dover spent approximately $436 million to purchase a total of sixteen businesses, while only $100 million was earned from the sale of eight businesses. Dover's management implements a distinctive approach: subsidiaries are allowed to operate with almost complete autonomy. [26] The company is a partner of the EPA's GreenChill initiative, which focuses on reducing refrigerant emissions and climate-change impact. Similar Companies. Opinion for Dover Corporation and Subsidiaries v. Commissioner, 1997 T.C. Exhibit 21. Dover Corp Exh 21 List Of Subsidiaries for DOVER CORP. Dover Precision Components delivers performance-critical solutions for rotating and reciprocating machinery across the oil & gas, power generation, marine, industrial, chemical and general processing markets. [44], In 2015, Dover sold Sargent Aerospace & Defense to RBC Bearings. Memo. The Company (such term, and each other capitalized term used and not otherwise defined in these recitals having the meaning assigned … Copyright © 2021 RPCD Holdings LLC. Lewis R. Mandel, for respondent. [31][clarification needed], Dover focused on growing target areas from 2007 to 2009, including electronic communication, energy and fluids, product identification, and refrigeration. As a result, Dover was able to apply greater focus to growing four or five targeted end-markets. Peerless Manufacturing Company (1955-1977) Company Name. In 2005, he was appointed to the position of CEO. [12], Between 1955 and 1979, Dover acquired fourteen companies. Ltr. [46] In 2007, Dover reported four segments: Industrial Products, Engineered Systems, Fluid Management, and Electronic Technologies. We Are Dover. Dover Corporation: Dover Wellsite Business to be Named Apergy. Livingston's corporate development strategy sought to strengthen promising businesses and divest those that were either growing slowly or had significant exposure to highly volatile industries. ChampionX Corporation (“ChampionX”) (NYSE: CHX) announced today an exclusive collaboration agreement with Modumetal Inc. [52], Developing and supplying innovative and energy-efficient equipment and systems serving the commercial refrigeration, food service & beverage equipment and heating & cooling markets. Delaware. Dover Corporation and its subsidiaries manufacture industrial products and components, as well as provide related services and consumables in the United States and internationally. Dover is ranked 360th on the Fortune 500. Memo. Find the latest Dover Corporation (DOV) stock quote, history, news and other vital information to help you with your stock trading and investing. Dover's business is divided into three segments; Engineered Systems, Fluids, and Refrigeration & Food Equipment. This elevator growth began in 1955, as Dover Elevator split from Rotary Lift and became an independent operating company within Dover. Customer Resources Distributors Product Brochures [47] By 2012, Dover had re-segmented again into Dover Communication Technologies, Dover Energy, Dover Engineered Systems, and Dover Printing & Identification. WHEREAS, Dover Corporation (the “Corporation”) has heretofore adopted the Dover Corporation Pension Replacement Plan, as amended and restated as of January 1, 2010 (the “Plan”); and . The company was shorthanded to OPW, and in 1949 one of its engineers, Leonard H. Duerr, invented the automatic shutoff fuel-dispensing nozzle valve. DOVER WELLSITE BUSINESS TO BE NAMED APERGY Reflects heritage of best-in-class, superior products and services Transaction on track for completion in May of 2018. Dover Corp Exh 21 List Of Subsidiaries for DOVER CORP. Barker Specialty Products, L.L.C. In 1989, Dover re-segmented into six sectors bas… [17] Today, the basic technology of Duerr's invention continues to exist in automatic shutoff nozzles,[18] and OPW is still a part of Dover, specializing in the design and manufacture of commercial and retail-fueling solutions. UAL Corp. became the second US carrier to operate the Airbus A350. [23] The Sargent Aerospace & Defense unit persisted as a global supplier of precision-engineered components and aftermarket services, performing critical functions on a variety of commercial and military aircraft, submarines, and land-based vehicles. Such decision led respondent to disallow a large overpayment that petitioner had elected to be treated as a credit to be applied against its estimated tax liability for 1993. Dover Subsidiaries - Domestic and Foreign Subsidiaries . The early 2000s also marked a leadership change: Ronald Hoffman, Dover's vice president, and former president and CEO of Dover Resources, become president and COO of Dover Corporation in 2003. Dover Refrigeration & Food Equipment, Inc. Downers Grove, Illinois, US. For further information on Markem Corporation, including applications, markets and products, visit its website at www.markem.com. 19668-91, 19886-91, 6102-93. Livingston also worked to reduced expenses by consolidating back office operations, metal purchases, and freight transportation. For example, in 1985 Dover restructured into five major subsidiaries to reflect its key markets of interest. United Technologies. 340 — Brought to you by Free Law Project, a non-profit dedicated to creating high quality open legal information. The company is the largest producer of new elevators in the United States. Beijing Economical and Technological Development Area, Beijing 100176 Phone: 86 10 6780 3885 www.kpsystem.com The firm has offices in Hanoi, Ho Chi Minh City and New York. Refrigeration & Food Equipment, Inc. Advansor Dover [10] Dover Corporation was incorporated in 1947,[11] and in 1955, Ohrstrom brought in the former owner and president of C. Lee Cook Company, Fred D. Durham, to manage his four companies. With a focus on diversification in the 1960s,[13] such as the acquisition of Ohio Pattern Works & Foundry Company in 1961, came notable purchases of companies that continue to be a significant part of Dover Corporation today. Dover Corporation is a diversified industrial manufacturer with over $6 billion in annualized revenues from operating companies that manufacture specialized industrial products and equipment. About Dover Corporation. Each segment holds operating companies that are run like … Dover Corporation Company Overview. SUBSIDIARIES. [34] Under Livingston's leadership, Dover moved its corporate headquarters from New York City to the Chicago area in 2010. Noida, Jan 13 (PTI) IT solution provider Markem-Imaje, a subsidiary of American conglomerate Dover Corporation, on Wednesday announced the commencement of … Avborne Accessory Group, Inc. Delaware. The Company Contact Us Careers In The News. Dover Corporation manufactures industrial products and manufacturing equipments. The years following emergence from bankruptcy garnered mixed results for UAL. MEMORANDUM OPINION DAWSON, Judge: These cases were assigned to Special Trial … Livingston's Dover career began twenty-nine years earlier with the acquisition of K&L Microwave, where he was a vice president. Hillphoenix now manufactures commercial refrigeration systems and mechanical centers, electrical distribution products, walk-in coolers and freezers, and specialty display cases and fixtures. [9] Dover continued to expand its elevator division throughout the 1960s and 1970s with the purchases of Moody & Rowe, Burch, Turnbull, Burlington, Hammond & Champness, Louisiana Elevator, and W.W. This period was marked by the acquisitions of K&L Microwave in 1983, Dielectric Laboratories in 1985, and NURAD in 1986. The Company Contact Us Careers In The News. Its is a conglomerate based in Downers Grove, Illinois. See insights on Dover including office locations, competitors, revenue, financials, executives, subsidiaries and more at … - Page 4 - 4 - As explained in greater detail in our Memorandum Opinion filed this day in a companion case, Dover Corporation and Subsidiaries v. Commissioner, T.C. Dover Chemical Corporation is an equal opportunity employer. OPW is part of Dover Corporation. Industrial Products. [buzzword][29] One year later, the companies merged and were renamed Markem-Imaje, and have since focused on product coding, labeling, and traceability solutions. Rul. [14] Dover Elevator had a pretax operating profit of $93 million in 1997[15] and the sale was mutually beneficial: it allowed Dover to focus on building its other businesses and moved ThyssenKrupp Elevator Americas to the number three spot worldwide in the elevator and escalator industry. INDUSTRY. Dover Subsidiaries - Domestic and Foreign . Where Incorporated. Dover Corporation and all of its companies are committed to the highest ethical standards and to conducting business with the highest level of integrity. Dover Resources Inc., a wholly-owned subsidiary of Dover Corporation, manufactures a wide range of industrial products. DOWNERS GROVE, Ill., February 15, 2018 - Dover (NYSE: DOV) announced today that its "Wellsite" upstream energy businesses will be named Apergy. JK Group, Markem-Imaje, MS Printing Solutions, and OK International all serve the printing and identification markets. Dover Corporation. These values must drive our behavior as we aspire to earn and keep the respect and trust of our shareholders, customers and employees. Delaware. [10] Ultimately, Dover sold its elevator business in 1999 to Thyssen AG for $1.1 billion. [21] Today, Alberta Oil Tool produces specialty drive rods, Norris tubular fittings, Norriseal control valves, and other products. After selling Dover Elevator, these segments became Diversified, Electronics, Industries, Resources, Systems and Technologies. Dover Corporation. Magg Group develops and manufactures innovative customized solutions for gear and screw pumps, pelletizing and filtration systems, as well as pulverizers for the plastics industries. The Heil Co. d/b/a Heil Environmental, a subsidiary of Dover Corporation, is a manufacturer of garbage and recycling trucks.For many decades, Heil Environmental has been the chief supplier of refuse and recycling equipment for the world's largest waste collection agency, the New York City Sanitation Department. Dover is a constituent of the S&P 500 index[7] and trades on the New York Stock Exchange under "DOV". Systech International to be Acquired by Dover Corporation and Join Markem-Imaje. [24], In the 1980s, Dover also began to focus more on electronics. Systems Intermediate Holdco Ltd. Anthony United Technologies. Annual Report for Fiscal Year Ended Dec. 31, 2014 Financial Charts", "Dover Annual Report for Fiscal Year Ended December 31, 2013", "Press Release: Knowles Set to Join the S&P MidCap 400; 8x8, Universal Insurance to Join S&P SmallCap 600", "Dover Corporate Headquarters Moving to Illinois; Move Will Bring 100 New Jobs, Foster Growth in Northeast Illinois", "Acquisitions and Divestitures since 1955", "Invest In Dover Corporation Like Warren Buffett", "Dover Agrees to Sell Elevator Business To Germany's Thyssen for $1.1 Billion", "Company News; Dover Corp. Says It Will Spin Off Its Elevator Business", "INTERNATIONAL BUSINESS; Thyssen and Dover in $1.1 Billion Deal", "United States Patent 2,582,195 Automatic Shutoff Dispensing Nozzle Valve", "DOVER ELECTRONICS COMPANY COMPLETES TAX-FREE SPIN-OFF TO DOVATRON INTERNATIONAL INC", "MARKEM Corporation to Be Acquired by Dover Corporation", "Dover Corporation (DOV) Dividend Stock Analysis", "Dover Corporation Acquires Anthony International", "Dover Remakes Business Portfolio For Better Sales Growth", "Dover Names Robert A. Livingston CEO and Ronald L. Hoffman Retires", "Company relocating HQ from Park Avenue to Downers Grove", "ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For fiscal year ended December 31, 2009 ... Dover Corporation", "Waukesha Bearings Acquires KMC and Bearings Plus", "Dover to Acquire the Sound Solutions Business Line of NXP", "Dover to Buy Knowles For About $750 Million", "Dover Completes Spin Off Of Knowles Corporation", "Recent Spin-Off Knowles Is An Opportunity Worth Investigating", "Dover Board of Directors Approves Spin-Off of Knowles", "Dover sells Sargent Aerospace & Defense unit for $500m", "HOME | DFS, Driving innovation for more than 100 years", "Imaging & Identification | Dover Corporation", "Pumps & Process Solutions | Dover Corporation", "Refrigeration and Food Equipment | Dover Corporation", Companies in the Chicago metropolitan area, https://en.wikipedia.org/w/index.php?title=Dover_Corporation&oldid=999382825, Companies listed on the New York Stock Exchange, Companies based in DuPage County, Illinois, Conglomerate companies established in 1955, Conglomerate companies of the United States, Articles with dead external links from November 2019, Articles with permanently dead external links, Articles lacking reliable references from March 2016, Articles with a promotional tone from November 2020, Wikipedia articles containing buzzwords from November 2020, All articles that may contain original research, Articles that may contain original research from March 2016, Wikipedia articles needing clarification from May 2016, Articles with unsourced statements from March 2016, Articles with unsourced statements from November 2020, Creative Commons Attribution-ShareAlike License, This page was last edited on 9 January 2021, at 22:08. At CPC, a subsidiary of Dover Corporation ("Dover"), we are strongly opposed to the use of forced, bonded, involuntary, prison or indentured labor. [citation needed], In 2014, Dover Corporation has operated with four segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. A Hoovers subscription is your VIP access to key information. ], Fred Durham influenced Dover's corporate culture, emphasizing autonomy, decentralization, and few corporate staff members. Company Name . [13] The following year, Dover purchased an 88 percent interest in the French company Imaje Printing Products for $200 million;[9] this acquisition marks the largest in Dover's corporate history. Environmental Solutions Group develops solutions[buzzword] for the transportation and transformation of solid waste. Unless the context indicates otherwise, references herein to "Dover," "the Company," and words such as "we," "us," or "our" include Dover Corporation and its consolidated subsidiaries. [5] The company relocated its headquarters to Illinois from New York in mid-2010. began making hydraulic elevators. International Foreign Sales Corp. RealDealDocs™ has categorized these documents and made them searchable using the same proprietary RealPractice technology that is deployed at some of the largest law firms in the country, so you have the best tools anywhere to leverage this work product. Dover Robert D. Whoriskey and Charles R. Goulding, for petitioners. Dover's organization and segment structure has changed over its history. Dover Corporation. Dover sold eight companies in 2001 for a total of $400 million. [39] Dover had acquired Knowles, a designer and manufacturer of hearing-aid technology and other acoustical componentry, six years earlier for $750 million. 16 17 REPORT OF INDEPENDENT ACCOUNTANTS To the Board of Directors and Stockholders of Dover Corporation: Our report on our audits of the consolidated financial statements of Dover Corporation and subsidiaries has been incorporated by reference in this Form 10-K from the 1997 Annual Report of Dover Corporation and appears on page 32 therein. [12], Again, as in 1985, during 2020, Dover's business was divided into five segments; ENGINEERED PRODUCTS, FUELING SOLUTIONS, IMAGING & IDENTIFICATION, PUMPS & PROCESS, SOLUTIONS, REFRIGERATION & FOOD EQUIPMENT. The Dover Corporation was founded in March 1925 by Peter J. Lunati in Memphis, Tennessee. Imaging & identification incorporates Markem-Imaje who manufacture product identification and traceability solutions[buzzword], including inkjet, thermal transfer, laser, print & apply label systems, and engineering systems. [original research? UAL Corporation and its subsidiaries emerged from bankruptcy protection on February 1, 2006. Customer Resources Distributors Product Brochures Dover Corporation manufactures industrial products and manufacturing equipments. For example, in 1985 Dover restructured into five major subsidiaries to reflect its key markets of interest. [40] Together, Sound Solutions and Knowles gave Dover the necessary scale to develop integrated solutions[buzzword] for the rapidly evolving mobile-electronics industry. So what At 12:01 a.m. EDT, Dover shareholders were distributed one share of Apergy Corporation for every two shares of Dover … Nov 04, 2019 Dover President And Chief Executive Officer To Speak At Baird 2019 Industrials Conference. Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $7 billion. [28], Also in 1994, Dover's COO and President, Thomas Reece, became CEO of the company. 2000-04-029 (Jan. 28, 2000), and Priv. Information. View All with Free Trial. Ltr. [51], Creating performance-critical solutions and products for the safe handling of fluids across the chemical, hygienic, oil & gas and industrial markets. 5842-91, 19640-91, Filed July 28, 1997. Captive Insurance Company, Dover Artificial [16][clarification needed], Dover's acquisition history reaches beyond the elevator industry. [1] Dover's business is divided into five segments; ENGINEERED PRODUCTS, FUELING SOLUTIONS[buzzword], IMAGING & IDENTIFICATION, PUMPS & PROCESS, SOLUTIONS[buzzword], REFRIGERATION & FOOD EQUIPMENT. DOWNERS GROVE, Ill., February 15, 2018 - Dover (NYSE: DOV) announced today that its "Wellsite" upstream energy businesses will be named Apergy. [13] Dover later chose to spin off DOVatron in 1993 to shareholders,[25] as the company specialized in circuit-board assembly and had become a source of competition for Dover customers. 77-376, 1977-2 C.B. This is a document preview. [13] Dover continued to grow its refrigeration business with the 2012 purchase of Anthony International for $602.5 million. Dover Fueling Solutions (DFS)[49] is advancing fueling operations[citation needed] worldwide[citation needed] through innovative[citation needed] dispensing technologies, point-of-sale (POS) systems, automatic tank gauging and wet stock management solutions. The Investor Relations website contains information about Dover Corporation's business for stockholders, potential investors, and financial analysts. Petitioners Dover Corp. & Subsidiaries and two corporate affiliates (collectively "Dover") challenge decisions of the United States Tax Court, Howard A. Dawson, Jr., Judge, denying Dover's motions to restrain the assessment or collection by the Internal Revenue Service ("IRS" or the "Commissioner") of income tax liabilities in dispute for the years 1993-1995, and to compel the IRS to grant Dover income … [10] Dover's purchase of the Shepard Warner Elevator Company in 1958 marked the beginning of an effort to grow the elevator business. [27] Hillphoenix has more equipment installed at GreenChill Certified retail stores than any other refrigeration manufacturer. Downers Grove, Illinois, US. Factors at play in this decision included Chicago's central location, wide variety of housing options for employees, quality of life, and nearby air service to national and global destinations. A result of this effort included the acquisition of Dieterich Standard, which manufactured liquid-measurement instruments and whose president, Gary Roubos, went on to become Dover's chief operating officer (COO) and president in 1977. We offer competitive salaries, outstanding benefits and the opportunity to make a difference. Dover Corp Exh 21 List Of Subsidiaries for DOVER CORP - Sample agreements, legal documents, and contracts from RealDealDocs. The Investor Relations website contains information about Dover Corporation's business for stockholders, potential investors, and financial analysts. Dover Corporation is an American conglomerate manufacturer of industrial products. Information. [45], Dover's organization and segment structure has changed over its history. A Subsidiary of ICC Industries Inc. Dover Chemical. This segment incorporates Belvac, who develop creative and flexible solutions[buzzword] directly for beverage container manufacturers and brand owners around the world. June 20, 2001 – Imaje SA, (Bourg-lès-Valence, France), a Dover Corporation (NYSE:DOV) subsidiary and part of Dover Technologies, announced the acquisition of Markpoint Holding AB, a Swedish designer and manufacturer of marking solutions for packaging industries. It is also the second-largest in Canada and the third-largest in the United Kingdom. It also includes Dover Digital Printing who deliver effective printing solutions[buzzword] through innovative software, inks and consumables, along with printing systems for the digital textile, soft signage and specialty materials markets. 256 Subsidiaries. Moore. To learn more about OPW's 125 years of providing industry-leading solutions, visit our website at opwglobal.com. Share. View All with Free Trial. Anthony designs and manufactures specialty glass, commercial-glass refrigeration and freezer doors, lighting systems, and display equipment. Memo. View the 2020 Company Overview (Interactive) View the Company Overview (PDF) Reconciliation for Non-GAAP Measures – 2020 Company Overview (PDF) To request copies of the 2019 Annual Report please click here 2019 Dover Corporation Annual Report. 2 The Court agrees with and adopts the Opinion of the Special Trial Judge, which is set forth below. In Memphis, Tennessee $ 400 million the company is a diversified global manufacturer and solutions provider with revenue. Was originally known as Rotary Lift, a manufacturer of industrial products and manufacturing equipments AG for 1.1. Completed the spinoff of Apergy segments became diversified, electronics, Industries, Resources, and. In 1989, Dover also began to focus more on electronics ] had... Targeted end-markets acquired almost twenty-five companies, also in 1994 to form Hillphoenix [ 10 Ultimately... Opinion for Dover Corp multiple business entities operating in entirely different Industries Under one corporate Group, Markem-Imaje MS... 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