Date: 2013-08-01

Dover Reorganizes Into 6 Divisions, 13 Subsidiaries

Dover Corporation (USA) announced a sweeping reorganization, effective January 1, 2005, and coinciding with the company's 50th anniversary.

Currently, Dover's portfolio of 49 wildly diversified businesses, with over $5 billion in revenue, is organized into just four reporting market segments. As of 2005, that structure will be modified to 6 market segments containing 13 focused business groupings.

Founded in 1950, Waukesha is a leading manufacturer of bearings for a variety of rotating machinery applications, including turbomachinery, motors and generators, industrial, utility, naval and commercial marine industries. Products include tilting pad thrust and journal bearings, sleeve bearings and housings. It was acquired by Dover Corporation in 1977.

Fluid film bearings - Waukesha is the world

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