Houston -- May 31, 2018

To leverage their collective strength and heritage, Cook Compression, Inpro/Seal, Waukesha Bearings and Bearings Plus have formed the newly named Dover Precision Components operating company. As the umbrella for these keys brands, Dover Precision Components is an integrated provider of performance-critical solutions for rotating and reciprocating machinery and features a diverse portfolio of products and services.

Here is a closer look at the brands that form Dover Precision Components: Cook Compression delivers custom-engineered valves, sealing technologies, pistons and rods, as well as expert repair and reconditioning services and advanced technical support, for reciprocating compressors. Inpro/Seal, the inventor of the Bearing Isolator, designs and manufactures bearing protection and shaft seals to increase the reliability of rotating equipment. Waukesha Bearings is a global leader in engineered hydrodynamic fluid film bearings and brush seals for high-performing turbomachinery and, under the Waukesha Magnetic Bearings brand, produces the most robust active magnetic bearing systems available. Bearings Plus specializes in the repair, replacement and upgrade of fluid film bearings and seals to get turbomachinery back up and running, better than before.

The brands were originally brought together in November 2015 to broaden product offerings, expand global resources and apply operational efficiencies to better serve customers in the energy and industrial markets. Since then, synergies between the brands have extended engineering and materials expertise, opened new avenues for innovation, promoted best practices in manufacturing, and advanced quality and continuous improvement efforts.

“The introduction of the Dover Precision Components name supports our strategic partnerships with OEMs and end users and will improve the visibility of our broad capabilities to improve performance of rotating and reciprocating assets,” commented Dover Precision Components President Marcell Ulrichs. “The name will also provide a common identity for our customers and employees across the globe.”

Headquartered in Houston, Dover Precision Components maintains facilities in North America, Europe, Asia and the Middle East. It has more than 1,400 employees worldwide.

“We take great pride in the legacies of our brands,” said Ulrichs, “and we aim to further strengthen those brands under the umbrella of Dover Precision Components.”

About Dover Precision Components

Dover Precision Components delivers performance-critical solutions for rotating and reciprocating machinery across the oil & gas, power generation, marine, industrial, chemical and general processing markets. Comprising the Waukesha Bearings, Bearings Plus, Inpro/Seal and Cook Compression brands, our portfolio includes hydrodynamic bearings, active magnetic bearings, system and bearing protection, and reciprocating compressor valves, sealing technologies, pistons, rods and more. Each solution is custom-engineered to provide optimum efficiency, reliability and productivity, and backed by comprehensive aftermarket services. Dover Precision Components serves its global customer base through facilities in North America, Europe, Asia and the Middle East, as well as technical sales representatives around the world. Dover Precision Components is part of Dover Corporation’s Fluids segment.