|
Balance Sheet Cash Flow Statement 280 Park Ave., Fl. 34W New York, NY 10017 NY Tel. 212-922-1640 Fax 212-922-1656 |
Type: Public
On the web:
http://www.dovercorporation.com
Employees:
32,300
Employee growth: (3.3%)
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.
Key numbers for fiscal year ending December, 2008:
Sales: $7,568.9M
One year growth: 4.7%
Net income: $590.8M
Income growth: (10.6%)
Officers:
Chairman: Robert W. Cremin
President, CEO, and Director: Robert A. (Bob) Livingston
VP Finance and CFO: Brad M. Cerepak
Competitors:
Cooper Industries
Ingersoll-Rand
Weatherford International
