Dover Corp was incorporated in 1947 in the State of Delaware. It became a publicly traded company in 1955. The Company owns and operates a portfolio of manufacturing companies providing components and equipment, specialty systems and support services for a variety of applications in the industrial products, engineered systems, fluid management and electronic technologies markets. The Company operates in four different business segments: Communication Technologies segment is engaged in the design and manufacture of products and components in the communications, life sciences, aerospace/industrial, defense, and telecommunication/other markets; Energy segment provides engineered solutions for the safe and efficient extraction and handling of oil and gas in the drilling, production, and downstream markets. Its Energy segment serves the oil, gas and power generation industries, with products that promote the efficient and cost-effective drilling, extraction, storage and movement of oil and gas products, or constitute critical components for power generation equipment. The pumps and compressors are used to transfer liquid and bulk products and are sold to variety of markets, including the refined fuels, LPG, pulp and paper, wastewater, food/sanitary, military, transportation and chemical process industries; Printing & Identification segment provides integrated printing, coding, and testing solutions for the fast moving consumer goods, industrial, and electronics markets. The segment serves three broad markets: fast moving consumer goods, industrial, and electronics. The Company uses a variety of raw materials, mainly metals and semi-processed or finished components, which are generally available from a number of sources. The Company owns many patents, trademarks, licenses and other forms of intellectual property. It competes with DeBeers Group (Element Six), Schlumberger Ltd., Weatherford International Ltd., General Electric (Lufkin) Industries, among others in Energy segment. In Engineered Systems it competes with Oshkosh Corp. (McNeilus), Siemens AG (Weiss GmbH), Challenger Lifts, among others. In Printing & Identification segment it competes with Danaher Corp. (Videojet), Domino Printing, Zebra Technologies, among others. In Communication Technologies segment it competes with Smiths Interconnect, SPS Technologies, Rakon Ltd., NDK Ltd., among others. The Company's domestic and international sales and operations are subject to risks associated with changes in local government laws, regulations and policies.
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