Dover Industry Equipment (Suzhou) Opens New Factory in Weiting
On October 24, the opening ceremony of new factory of Dover Industry Equipment (Suzhou) Co. Ltd., was held in Suzhou Industrial Park (SIP) Weiting Town, marking the entry of Waukesha Bearings Cook Compression in SIP.
Dover is one of the world's Fortune-500 companies and a listed company at New York Stock Exchange with 52 subsidiaries and more than 500 factories. The corporation owns four main business segments, namely, communications technology, energy, engineering system, and printing and identification, among which energy business is the biggest one. In 2011, the of sales of Dover reached nearly 80 billion US dollars.
By now 6 subsidiaries of Dover have been built in SIP, and 3 are in Weiting Town including OPW Oil Equipment (Suzhou) Co, LTD., which is engaged in research and manufacturing of fuel truck nozzle, oil station fuel measurement system, oil and gas recovery processing system, petrol station underground pipeline products, Suzhou SWEP Technology Co., Ltd., which is devoted to research and manufacturing of brazed heat exchanger, and Dover Industry Equipment (Suzhou) Co. Ltd., for the research and manufacturing of sliding bearing, electromagnet bearing and seals of bearings.
October 26, 2012