1. Dover’s OPW launches new 68EZSB Reconnectable Swivel Breakaway. 2. The product boasts a 30% decrease in reconnection force compared to previous models. 3. Design enhancements prioritize safety and ease of use for retail fueling. 4. OPW Retail Fueling focuses on innovation in the clean-energy and fueling market. 5. Dover reported annual revenue of over $7 billion, showcasing its global operations.
The introduction of the innovative 68EZSB position OPW favorably in the market, reflecting strong future sales potential. Historical precedent shows product innovations can positively affect stock prices, as seen during prior product launches that led to increased market share.
The news highlights a significant product launch, which is critical for investors gauging OPW's future growth. The product's features and market position indicate strong demand potential, making it substantial news for DOV stakeholders.
The immediate launch and promotion of a new product can result in favorable sales and market reception quickly. Historically, new product launches in manufacturing sectors often see rapid impacts on stock performance in a matter of months.
/PRNewswire/ -- OPW Retail Fueling, part of Dover (NYSE: DOV) and a global leader in fluid-handling solutions, today announced the launch of the 68EZSB Reconnectable Swivel Breakaway. The next generation 68EZSB features a compact, lightweight design that incorporates 360º swivel rotation at both the male end and middle joint, with an easily reconnectable breakaway on the opposite end.
The 68EZSB's increased "swivelability" distinguishes it from the competition, along with its ability to be reconnected easily at waist height. Only approximately 5 lbs of reconnection force is required to push the coupling halves together until they latch, a 30% decrease from previous models.
"When designing equipment and systems for use at retail-fueling sites, the goal is to balance reliably safe and efficient operation with ease of use," said Ed Kammerer, Senior Director, Global Product Marketing for OPW. "We feel that the design enhancements, that have been incorporated into the new 68EZSB Reconnectable Swivel Breakaway, satisfy both demands, making it one of the safest and most simple-to-use reconnectable swivel breakaways on the market today."
For more information on OPW Retail Fueling products, please visit opwglobal.com/opw-retail-fueling.
OPW Retail Fueling is Fueled By Excellence through innovations designed to enhance safety, reliability, efficiency and business performance for the retail-fueling industry. Specifically, OPW Retail Fueling makes aboveground and underground fuel-handling products for both conventional, vapor-recovery and clean-energy applications in the retail and commercial fuel markets. OPW Retail Fueling is part of OPW, a leading equipment manufacturer in the retail-fueling, clean-energy, fluid-handling and vehicle wash industries. OPW has manufacturing operations in North America, Europe, Latin America and Asia Pacific, with sales offices around the world. OPW is part of Dover Corporation. To learn more about how OPW Retail Fueling is Fueled By Excellence in each of its markets, please visit opwglobal.com/opw-retail-fueling.
Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
Ed Kammerer
(513) 870-3131
[email protected]
Adrian Sakowicz, VP, Communications
(630) 743-5039
[email protected]
Jack Dickens, VP, Investor Relations
(630) 743-2566
[email protected]
SOURCE Dover