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Dover Opens Digital Labs in Greater Boston Area
"We're excited that this new facility will support the digital transformation of our business, create new innovative digital solutions, and expand the R&D capabilities of our Markem-Imaje business," said
Alongside Dover's digital and cloud service team, the Company's Markem-Imaje business will use the center to develop the next generation of laser marking and inkjet technology used to print information, such as barcodes and other key data, onto fast-moving consumer products and packaging, as well as industrial products. With its U.S. headquarters in nearby
"We remain committed to producing the safest, most efficient, and reliable product marking and traceability solutions in the market," noted
Earlier this year, Dover opened the MindSparq Ideation and Collaboration Center at
About Dover:
Dover is a diversified global manufacturer with annual revenues of approximately
About Markem-Imaje:
Markem-Imaje, a wholly owned subsidiary of the US-based
Markem-Imaje provides global reach to over 50,000 customers with 30 subsidiaries, 6 technology centers, several equipment repair centers and manufacturing plants with the most comprehensive marking and coding portfolio available in the marketplace. Visit www.markem-imaje.com for further information.
Forward-Looking Statements:
This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this document other than statements of historical fact are statements that are, or could be deemed, "forward-looking" statements. Some of these statements may be indicated by words such as "may", "anticipate", "expect", believe", "intend", "guidance", "estimates", "suggest", "will", "plan", "should", "would", "could", "forecast" and other words and terms that use the future tense or have a similar meaning. Forward-looking statements are based on current expectations and are subject to numerous important risks, uncertainties, assumptions and other factors, some of which are beyond the Company's control. Factors that could cause actual results to differ materially from current expectations include, among other things, general economic conditions and conditions in the particular markets in which we operate, changes in customer demand and capital spending, competitive factors and pricing pressures, our ability to develop and launch new products in a cost-effective manner, our ability to identify and complete acquisitions and integrate and realize synergies from newly acquired businesses, the impact of interest rate and currency exchange rate fluctuations, capital allocation plans and changes in those plans, including with respect to dividends, share repurchases, investments in research and development, capital expenditures and acquisitions, changes in law, including the effect of U.S. tax reform and developments with respect to trade policy and tariffs, our ability to derive expected benefits from restructuring, productivity initiatives and other cost reduction actions, changes in sourcing input costs or the supply of input materials, the impact of legal compliance risks and litigation, including with respect to product quality and safety, cybersecurity and privacy, our ability to capture and protect intellectual property rights, and various other factors that are described in the Company's periodic reports filed with or furnished to the
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SOURCE Dover
Investor Contact: Paul Goldberg, Vice President - Investor Relations, (630) 743-5180, peg@dovercorp.com; Media Contact: Adrian Sakowicz, Vice President - Communications, (630) 743-5039, asakowicz@dovercorp.com