Determining the specific subsidiary companies held by Dover Industries as of 2021 requires consulting authoritative sources such as the company’s annual reports or official investor relations materials. Publicly available information may also provide insight into their operational structure and the names of individual business units.
Understanding a company’s subsidiaries offers valuable insights into its strategic direction, market diversification, and overall financial performance. This information is crucial for investors seeking to assess the risks and opportunities associated with an investment, as well as for industry analysts tracking competitive landscapes and market trends.
The subsequent sections will outline the principal operating segments of Dover Corporation and provide examples of the types of businesses held within those segments, reflecting the organization as it stood around 2021. Please note that company structures can change; consulting Dover’s official filings is essential for the most current information.
1. Energy
The “Energy” segment within Dover Industries’ 2021 portfolio represents a significant strategic area. It comprises companies involved in technologies and solutions related to energy production, transportation, and consumption. The segment’s performance is intrinsically linked to global energy markets and the demand for efficient energy solutions.
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Artificial Lift Systems
This encompasses companies that manufacture and service equipment used to extract oil and gas from wells. These systems, such as rod lift and gas lift, are critical for maintaining production rates in mature fields. Their success contributes directly to the profitability of Dover’s energy segment, mirroring the fluctuations in commodity prices and drilling activity.
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Downhole Measurement Tools
Dover’s energy holdings may include businesses that produce instruments used to analyze well conditions during drilling and production. These tools provide data on pressure, temperature, and flow rates, enabling operators to optimize extraction. The demand for these technologies is driven by the need for increased efficiency and safety in oil and gas operations.
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Automation and Control Solutions
Certain subsidiaries likely focused on providing automation systems for energy infrastructure, such as pipelines and processing plants. These systems enhance efficiency, reduce operational costs, and improve safety. The adoption of automation solutions is increasing due to the industry’s focus on digitalization and operational excellence.
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Components for Gas Compression
Specific businesses within the Energy sector of Dover Industries manufacture components essential for gas compression. These components are important for maintaining the pressure needed for pipelines and other transportations. The growth is sustained by the demand to move natural gas efficiently.
The performance of Dover’s “Energy” segment in 2021 was thus influenced by the combined success of these subsidiary companies, each contributing specialized technologies and services to the oil and gas industry and potentially other energy sectors. Analyzing the segment’s revenue and profitability provides insights into Dover’s overall exposure to the energy market and its ability to capitalize on industry trends.
2. Engineered Systems
The “Engineered Systems” segment represents a core area of Dover Industries’ portfolio, encompassing companies that design, manufacture, and service specialized equipment and components. Its connection to Dover’s overall holdings in 2021 lies in its contribution to diverse industrial applications. A significant portion of Dover’s revenue and strategic focus is derived from Engineered Systems. For example, businesses producing precision bearings for aerospace or custom automation solutions for manufacturing facilities fall under this category. Their performance is directly tied to the health of manufacturing, aerospace, and other industrial sectors, thus influencing Dover’s overall financial results.
Understanding Dover’s Engineered Systems allows for a deeper assessment of its technological capabilities and market positioning. This segment often includes companies with proprietary technologies or specialized expertise, providing a competitive advantage. Consider, for instance, businesses that offer advanced plastic extrusion equipment or precision welding systems. These niche markets contribute substantially to Dover’s profitability. Furthermore, the Engineered Systems segment’s innovation and new product development fuel future growth, supporting Dover’s long-term strategic goals. This strategic focus will boost revenues, income, and growth.
In summary, the “Engineered Systems” segment is an essential component of Dover Industries’ corporate structure. It exemplifies the company’s diversification strategy and contributes substantially to its financial performance. Analyzing the performance of individual businesses within this segment provides critical insights into Dover’s overall health and prospects within the broader industrial landscape. These insights also allow Dover to provide unique and better services or products to customers.
3. Refrigeration & Food
The “Refrigeration & Food” segment within Dover Industries’ 2021 holdings represents a strategically important sector, focusing on equipment and solutions for the cold chain and food processing industries. This segment encompasses businesses that contribute to the preservation, preparation, and transportation of food products, addressing critical needs within the global food supply chain.
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Commercial Refrigeration Equipment
This area includes companies manufacturing display cases, refrigeration units, and other equipment used in supermarkets, convenience stores, and restaurants. These systems maintain optimal temperatures for perishable goods, ensuring food safety and extending shelf life. Dover’s involvement in this area signifies its commitment to supporting the retail food sector and contributing to reduced food waste.
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Food Processing Equipment
Specific businesses are focused on manufacturing equipment used in the processing of food products. This can include machinery for grinding, mixing, slicing, and packaging. These technologies enhance efficiency, improve product quality, and increase throughput for food manufacturers. Dover’s provision of this type of equipment shows its involvement at the food production level.
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Heat Transfer Solutions
The segment may contain companies that produce heat exchangers, coolers, and other heat transfer components used in refrigeration and food processing applications. These components are essential for maintaining precise temperature control and ensuring the efficient operation of cooling systems. Dovers role here reflects the importance of optimized heat management.
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Automated Systems
Automated solutions in this segment can range from automated packaging lines to robotic food preparation systems. These technologies improve efficiency, reduce labor costs, and enhance food safety. Dover’s presence in automated systems highlights an effort toward modernizing the food industry.
The “Refrigeration & Food” segment contributes substantially to Dover Industries’ overall financial performance. The technologies provided by the businesses within this segment support the efficiency and sustainability of the global food supply chain, contributing to food safety, waste reduction, and operational optimization. Analyzing this segment clarifies Dover’s commitment to providing technological support across the refrigeration and food industries.
4. Pumps & Process Solutions
The “Pumps & Process Solutions” segment forms a significant component of Dover Industries’ holdings as of 2021. This segment encompasses a range of companies focused on designing, manufacturing, and servicing pumps, valves, and related equipment used in diverse industrial processes. Its relevance stems from the fundamental role these solutions play in fluid handling across various sectors, including chemical processing, water treatment, pharmaceuticals, and oil and gas. The presence of a robust “Pumps & Process Solutions” segment within Dover’s portfolio highlights the company’s commitment to providing critical infrastructure and technologies for essential industries. The performance of these businesses directly influences Dover’s overall financial results, particularly in sectors reliant on efficient and reliable fluid transfer and control.
For instance, a Dover subsidiary specializing in centrifugal pumps for chemical plants contributes to the efficiency and safety of chemical production. Another company focusing on diaphragm pumps for pharmaceutical manufacturing supports the precision and purity requirements of drug production. Similarly, valve manufacturers within this segment provide essential components for controlling fluid flow in pipelines and processing facilities. The success of these individual companies, driven by factors such as technological innovation, product quality, and market demand, collectively determines the overall performance of Dover’s “Pumps & Process Solutions” segment. This demonstrates how these companies contribute to Dover’s strategic positioning as a provider of essential industrial solutions.
In conclusion, the “Pumps & Process Solutions” segment is a crucial element of Dover Industries’ broader corporate structure. The segment’s companies enhance efficiency, safety, and reliability of processes across various industries, influencing overall financial performance and strategic positioning. Their success is tied to technological advancements, product quality, and market responsiveness. The challenges faced by this segment, such as evolving regulatory requirements and fluctuating commodity prices, impact Dover’s performance, emphasizing the importance of understanding this component within the context of the larger company.
5. Retail Fueling
Within the context of Dover Industries’ organizational structure as of 2021, “Retail Fueling” represents a significant operational segment. This segment comprises subsidiary companies dedicated to providing equipment, systems, and services related to the retail sale of fuel. Its inclusion as a core business area within Dover indicates a strategic alignment with the global petroleum industry and related infrastructure. The financial performance of these retail fueling businesses directly impacts Dover’s overall revenue and profitability. For instance, companies manufacturing fuel dispensers, point-of-sale systems, and vapor recovery equipment contribute directly to the segment’s performance. Increased demand for advanced fueling technologies, driven by factors such as environmental regulations or consumer preferences for faster transactions, influences the segment’s growth trajectory.
Dover’s involvement in retail fueling extends beyond equipment manufacturing to include service solutions such as installation, maintenance, and remote monitoring of fueling systems. This comprehensive approach enhances customer relationships and generates recurring revenue streams. The adoption of EMV (Europay, Mastercard, and Visa) chip card technology at fuel pumps serves as a practical example. Dover’s subsidiaries offering EMV-compliant systems benefited from regulatory mandates and the need to combat fraud, thus positively impacting the retail fueling segment’s financial results. Similarly, the growing popularity of alternative fuels, such as ethanol and biodiesel, creates opportunities for Dover’s subsidiaries to provide compatible dispensing equipment and infrastructure. This reflects the significance of adaptation in an industry undergoing technological and regulatory evolution.
In summary, the “Retail Fueling” segment plays a vital role within Dover Industries’ overall corporate strategy, contributing substantially to its revenue stream. The segment’s performance is closely linked to technological advancements, regulatory changes, and consumer behavior in the petroleum industry. Challenges include navigating fluctuating oil prices, adapting to evolving environmental standards, and addressing cybersecurity threats to fueling systems. An understanding of this segment, as part of Dover’s broader portfolio, provides essential insights into the company’s market position and strategic priorities.
6. Dover Fueling Solutions
Dover Fueling Solutions (DFS) is a significant operating company within Dover Industries, representing a collection of individual brands and businesses focused on the global fueling and convenience retail sectors. Its place within Dover’s structure as of 2021 demonstrates the corporation’s strategic focus on this particular industry.
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Integrated Fueling Systems
DFS provides comprehensive fueling solutions including fuel dispensers, forecourt controllers, and point-of-sale systems. These systems are critical for managing fuel dispensing operations at retail sites. An example is the Wayne Fueling Systems brand, known for its fuel dispensers found at gas stations globally. The operation of these systems has implications for efficiency and accuracy in fuel dispensing transactions.
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Automation and Site Management
This area involves technologies for managing and automating fuel retail sites, encompassing solutions for inventory control, pricing management, and remote monitoring. These technologies enable retailers to optimize operations and reduce costs. The application of automated systems directly influences fuel retailers’ abilities to streamline site functions and enhance efficiency.
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Vehicle Identification and Fleet Management
DFS incorporates businesses involved in automated vehicle identification systems and fleet management solutions. These technologies facilitate secure and efficient fueling for commercial fleets. An example is a system that allows automated refueling based on vehicle identification, streamlining the process and preventing fraud. The function of these systems plays an important role in the commercial fuel distribution networks.
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Remote Management
In providing the remote management functionality, DFS offers service stations owners the ability to track transactions, pricing, and other essential data about their locations. By leveraging the power of DFS remote management, Dover Industries are able to solve several problems in the market related to fraud and security.
The integration of Dover Fueling Solutions within Dover Industries as of 2021 reflects the latter’s commitment to serving the retail fueling industry with a comprehensive suite of technologies and services. The operation of DFS impacts Dover’s overall financial performance and market positioning within the energy and retail sectors.
7. Markem-Imaje
Markem-Imaje represents a significant subsidiary within Dover Industries’ portfolio as of 2021. Its inclusion directly answers the query regarding entities owned by Dover. Functioning as a global manufacturer of product identification and traceability solutions, Markem-Imaje supplies equipment, consumables, and software used for applying variable information, such as dates, batch codes, and barcodes, onto products and packaging. The strategic importance of Markem-Imaje to Dover Industries lies in its contribution to diverse end markets, including food, beverage, pharmaceuticals, and industrial goods. For example, a food manufacturer might employ Markem-Imaje’s printers to apply expiration dates onto packaged goods, ensuring regulatory compliance and consumer safety. Similarly, a pharmaceutical company could utilize Markem-Imaje’s coding solutions to track drug products throughout the supply chain, mitigating the risk of counterfeiting. The revenue generated by Markem-Imaje directly impacts Dover’s overall financial performance, highlighting its integral role within the larger corporate structure.
The practical applications of Markem-Imaje’s technologies extend beyond mere labeling. Their solutions enable manufacturers to enhance traceability, improve supply chain efficiency, and comply with regulatory requirements related to product identification. Consider the implementation of serialized coding on individual pharmaceutical units, a process facilitated by Markem-Imaje’s printing and software solutions. This level of granular traceability allows manufacturers to track products from production to distribution, enabling rapid recall management in the event of a quality issue or safety concern. Furthermore, Markem-Imaje’s technologies support brand protection efforts by enabling authentication and preventing the proliferation of counterfeit products. This comprehensive approach to product identification and traceability underscores the company’s value proposition to its customers and its strategic importance to Dover Industries.
In summary, Markem-Imaje’s position within Dover Industries’ organizational chart as of 2021 illustrates Dover’s diversification into essential industrial solutions. Markem-Imaje is not only a key subsidiary but also a significant contributor to Dover’s success by enabling the solutions in market. Challenges associated with maintaining technological leadership in a rapidly evolving market and addressing diverse regulatory requirements across global markets necessitate continuous innovation and adaptation. The ongoing demand for product identification and traceability solutions ensures Markem-Imaje’s continued relevance within Dover’s portfolio, contributing to the broader strategic objectives of the corporation.
8. Belvac
Belvac, as a business unit within Dover Industries in 2021, represents a key component when addressing the query of “what companies does dover industries own 2021”. Its existence as a subsidiary demonstrates Dover’s strategic allocation of capital and resources into specific manufacturing sectors. Belvac’s primary activity, the design and manufacture of continuous motion machinery for the production of metal containers, establishes a connection to the packaging industry. For instance, Belvac’s equipment is utilized to produce aluminum beverage cans, impacting sectors such as beverage distribution and consumer packaged goods. Understanding Belvac’s operations allows for assessing Dover’s market exposure and competitive advantages within this niche segment of the industrial machinery market. The profitability and growth trajectory of Belvac directly influence Dover’s overall financial performance, reinforcing its significance as a subsidiary.
The practical implications of Belvac’s operations are multifaceted. The efficiency and reliability of Belvac’s manufacturing equipment can directly impact the production costs and output capacity of metal container manufacturers. For example, enhanced machine designs leading to higher production speeds or reduced material waste translate to greater profitability for Belvac’s customers. Furthermore, Belvac’s commitment to innovation and the development of advanced manufacturing technologies can provide a competitive edge to Dover Industries. This can be illustrated by the introduction of equipment capable of handling lighter-weight or more sustainable container materials, aligning with evolving consumer preferences and environmental regulations. Such advancements bolster Belvac’s market position and contribute to Dover’s overall standing as a provider of advanced industrial solutions. Furthermore, the integration and adoption of technologies and innovations at Belvac can offer Dover Industries unique insights into what other subsidiaries or sectors may adopt, as well.
In summary, Belvac’s presence within Dover Industries as of 2021 exemplifies the corporation’s diversified portfolio and strategic focus on specialized manufacturing sectors. Its role in supplying machinery to the metal container industry, coupled with its emphasis on innovation and efficiency, underscores its importance to Dover’s overall financial performance and competitive positioning. However, challenges associated with fluctuating commodity prices and evolving manufacturing technologies necessitate continuous adaptation and investment in research and development. The ability of Belvac to navigate these challenges and maintain its market leadership directly impacts Dover’s success in the broader industrial landscape. The understanding of Belvac’s success enables understanding and implementation of innovative technologies for Dover Industries as a whole.
9. Sargent & Greenleaf
Sargent & Greenleaf’s presence within Dover Industries’ portfolio as of 2021 directly addresses the question of “what companies does dover industries own 2021.” As a subsidiary specializing in security solutions, specifically mechanical and electronic locks, its inclusion demonstrates Dover’s strategic diversification beyond heavy industrial manufacturing. The importance of Sargent & Greenleaf to Dover’s overall structure stems from its contribution to a distinct market segment high-security locking systems for safes, vaults, and ATMs. For instance, financial institutions rely on Sargent & Greenleaf locks to protect assets stored in vaults, illustrating the company’s relevance in safeguarding valuable commodities. This specialization enhances Dover’s overall market presence and portfolio diversification.
Understanding Sargent & Greenleaf’s role reveals practical applications impacting security and risk management across various sectors. The company’s development of tamper-resistant electronic locks for ATMs exemplifies its contribution to preventing theft and unauthorized access. The implementation of audit trail capabilities in their electronic locks allows for monitoring access attempts and identifying potential security breaches, furthering risk mitigation. The practical significance lies in providing reliable security solutions that minimize losses and maintain operational integrity for clients. This is further supported by Sargent & Greenleaf’s ongoing research and development, which provides innovative solutions to security risks in the market. The constant change and security risks also provide an opportunity for the company to grow.
In summary, Sargent & Greenleaf constitutes a key component of Dover Industries’ holdings in 2021, enriching the company’s diversification strategy. Its commitment to developing secure and reliable locking mechanisms directly supports the security needs of diverse industries. Challenges associated with adapting to evolving security threats and technological advancements necessitate ongoing innovation. The successful navigation of these challenges reinforces Sargent & Greenleaf’s standing within Dover’s broader portfolio and its contribution to safeguarding assets globally.
Frequently Asked Questions
This section addresses common queries regarding the subsidiary companies owned and operated by Dover Industries as of the year 2021. The information presented aims to provide clarity on Dover’s corporate structure and business segments during that period.
Question 1: How can a definitive list of Dover Industries’ subsidiaries in 2021 be obtained?
An authoritative list of Dover Industries’ subsidiaries as of 2021 would be found in the company’s official filings with the Securities and Exchange Commission (SEC), particularly the 10-K annual report for that fiscal year. These documents provide a comprehensive overview of the company’s organizational structure and significant holdings.
Question 2: Why is it important to know what companies Dover Industries owned in 2021?
Understanding Dover’s subsidiary ownership in 2021 provides insights into the company’s strategic focus, market diversification, and potential revenue streams. This information is valuable for investors, analysts, and industry observers seeking to assess Dover’s performance and competitive positioning.
Question 3: Did Dover Industries’ business segments in 2021 represent distinct subsidiary companies?
While Dover Industries reports its financial results based on business segments (e.g., Engineered Systems, Refrigeration & Food), these segments often encompass multiple subsidiary companies and brands. A single segment may include several distinct legal entities operating under different names.
Question 4: How frequently does Dover Industries change its portfolio of subsidiary companies?
Dover Industries, like many large corporations, engages in acquisitions, divestitures, and internal reorganizations that can alter its portfolio of subsidiary companies over time. Therefore, a list of subsidiaries valid for 2021 may not be entirely accurate for subsequent years.
Question 5: Are privately held companies included in a listing of Dover Industries’ subsidiaries?
Yes, both publicly traded and privately held companies that are majority-owned and controlled by Dover Industries are considered subsidiaries and would typically be included in a comprehensive listing.
Question 6: Where can additional information about specific subsidiary companies be found?
Information about individual subsidiary companies can sometimes be found on their respective websites or in industry publications. However, detailed financial information is usually only available through Dover Industries’ consolidated financial reporting.
In summary, identifying the specific subsidiary companies owned by Dover Industries in 2021 requires consulting official sources and understanding the dynamic nature of corporate structures. The insights gained from this information are valuable for assessing Dover’s strategic direction and market presence.
The next section provides further information related to Dover Industries’ overall strategic approach.
Analyzing Dover Industries’ Subsidiary Holdings in 2021
This section outlines several key considerations for effectively researching and interpreting information related to Dover Industries’ subsidiary holdings as of 2021.
Tip 1: Consult Official Financial Filings: The most reliable source for identifying Dover Industries’ subsidiaries is the company’s 10-K annual report filed with the Securities and Exchange Commission (SEC). This document provides a detailed list of significant subsidiaries and their respective business activities.
Tip 2: Differentiate Between Business Segments and Legal Entities: While Dover Industries reports financial performance by business segment, each segment may encompass multiple distinct legal entities. Do not assume that a segment name directly corresponds to the name of a single subsidiary company.
Tip 3: Account for Organizational Changes: Corporate structures are dynamic. Be aware that acquisitions, divestitures, and internal reorganizations may have altered Dover Industries’ subsidiary portfolio since 2021. Information from later years should be consulted for an up-to-date perspective.
Tip 4: Research Individual Subsidiary Brands: Once potential subsidiary names are identified, conduct independent research on those entities. This may reveal specific product lines, market positions, and financial details not explicitly stated in Dover Industries’ consolidated reports.
Tip 5: Consider the Scope of Control: Subsidiary relationships typically involve majority ownership and control. However, Dover Industries may also hold minority stakes in other companies. Focus primarily on entities where Dover exerts significant influence.
Tip 6: Beware of Assumed Associations: Avoid making assumptions about Dover Industries’ involvement in particular industries or markets based solely on anecdotal evidence. Verify information through reliable sources, such as industry reports and press releases.
Tip 7: Be Careful About Information from Unofficial or Unconfirmed Sources: When dealing with unconfirmed information, approach with caution and verify it using reliable sources before using it.
By applying these considerations, researchers can develop a more accurate and nuanced understanding of Dover Industries’ subsidiary holdings as of 2021. This knowledge informs assessments of Dover’s strategic positioning and financial performance.
The article concludes with a summary of Dover Industries’ operations and strategic approach.
Conclusion
The preceding analysis has elucidated the structure of Dover Industries as of 2021, with particular emphasis on identifying the types of companies held within its operating segments. These segments, including Engineered Systems, Refrigeration & Food, Pumps & Process Solutions, and others, represent a diversified portfolio of industrial technologies and manufacturing capabilities. Each segment contributes uniquely to Dover’s overall financial performance and strategic positioning.
While pinpointing every specific subsidiary requires consulting official SEC filings and understanding that corporate structures evolve, the exploration provided serves as a valuable framework. Further inquiry into Dover’s strategic direction should consider these subsidiary holdings and their role in Dover’s long-term objectives. The insights offer a valuable insight to analysts and customers looking to implement them in their organization.
