Dover Corporation - DOV STOCK NEWS

CPC, a Dover (NYSE: DOV) subsidiary, has launched the MicroCNX® Nano Series aseptic connectors, an innovative solution for cell and gene therapy (CGT) sterile processing. This industry-first product simplifies the connection process by allowing users to click connector halves together to create sterile flow paths, replacing traditional methods like biosafety cabinets and tube welding.

The new connectors are specifically designed for 1/8- and 1/16-inch flow paths, reducing holdup volume by eliminating the need for extra tubing required in traditional tube welding. A key feature is their ability to be frozen to -190°C, supporting cell preservation during storage and transport. The connectors' compact size enables direct integration into freeze cassettes used in CGT product cryopreservation.

Markem-Imaje, a Dover (NYSE: DOV) company, has launched the new 9712 Bi-Jet continuous inkjet printer targeting construction, pharmaceuticals, and food manufacturers. The innovative printer combines two machines' functions into one, offering significant cost advantages and operational benefits.

The printer can code twice as fast or print double the amount of data, while its compact design and Bi-Jet printhead enhance production line performance. Key benefits include up to 50% reduction in upfront capital costs, lower operational expenses, and reduced maintenance requirements.

The 9712 features market-leading service intervals, Intelli'Swap® technology for synchronized part replacements, Intelli'Inks™ system for error-proof performance and lower consumption, and Industry 4.0 integration capabilities.

Dover's (NYSE: DOV) subsidiary Advansor has launched three new CO2-based climate solutions targeting food retail, industrial, and energy sectors. The new products include: the Enhanced ValuePack, supporting up to seven compressors for cooling, freezing, air-conditioning and heating; the ValueBox Combi, a plug-and-play heat pump offering 200-700 kW capacity (scalable to 5 MW); and the SteelXL, an all-in-one industrial system for comprehensive climate control.

These innovations focus on energy efficiency and sustainability, utilizing natural CO2 and complying with EU greenhouse gas regulations. The ValueBox Combi offers an alternative to fossil fuel-based heating, while the SteelXL incorporates the latest energy-saving technologies with multiple configuration options.

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.