Dover Corporation (NYSE: DOV) is a Fortune 500 and S&P 500 manufacturer of specialized industrial products and equipment within six segments. Dover Corporation is based in Downers Grove, Illinois, a western suburb of Chicago. The company relocated its headquarters from New York in mid-2010.
Dover Corporation is a multi-billion dollar, global producer of innovative equipment, specialty systems and value-added services for the industrial products, fluid management, engineered systems and electronic technology markets. It is organized into four reporting segments including six operating platforms as follows:
Segments Platforms
Industrial Products Material Handling
Mobile Equipment
Engineered Systems Product Identification
Engineered Products
Fluid Management Energy
Fluid Solutions
Electronic Technologies
Dover Corporation (“Dover”) is committed to maintaining compliance with all
applicable securities laws and regulations, accounting standards, accounting controls
and audit practices and to practicing good corporate governance.
Any person may submit a good faith complaint or concern regarding accounting
or auditing matters to the management and/or the Audit Committee of Dover without
fear of retaliation of any kind. All complaints and concerns are taken seriously. Dover’s
Audit Committee will oversee treatment of such complaints and concerns.
In order to facilitate the reporting of complaints, Dover’s Audit Committee has
established procedures for (1) the receipt, retention and treatment of complaints
regarding accounting, internal accounting controls, or auditing matters (“Accounting
Matters”) and (2) the confidential, anonymous submission by employees of concerns
regarding questionable Accounting Matters.
Any person may also in good faith communicate directly with the nonmanagement
members of Dover’s Board of Directors, and any stockholder may
communicate with the Board of Directors. The procedures for communications with the
non-management directors or the Board of Directors are substantially the same as for
reporting complaints or concerns about Accounting Matters, and are described below in
“Methods for Communications”.
From comprehensive insurance to vacation, Texas Hydraulics offers an extensive and flexible benefits package. Here is a summary of our key programs for full time employees.
Insurance
Medical & Vision - Each division of Texas Hydraulics offers a 2 PPO and 1 CDHP type of health plan. Each plan provides a wide variety of coverage for employees and their dependents. For eligible new employees and their dependents, coverage is available first of the month following 30 days of employment.
Dental - Each division of Texas Hydraulics offers employees and eligible dependents dental benefits. These include usual, customary and reasonable charges for oral evaluations, cleanings, fillings, root canals, and other dental services.
Prescriptions - Texas Hydraulics medical plans have prescription coverage. Co-pays vary with
each plan.
Life - Texas Hydraulics provides no-cost life insurance to all employees. Coverage begins first of the month following 30 days of employment. Additional life insurance may be purchased for the employee, spouse or dependents.
Disability - Benefits are also available due to disability from accident, illness or pregnancy.
Paid Time Off
Vacations - Texas Hydraulics has a paid vacation policy that is based on years of service. Ten (five for hourly employees) days are available after one full year of service and as many as 20 days after 20 years of service.
Holidays - All employees enjoy 9 paid holidays each year - New Year's Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and the Friday after, Christmas Day and a Christmas floater.
Sick Leave - After the first year of service, hourly employees are eligible for 1 day of paid sick time. After the second year of service, hourly employees are eligible for 2 days of paid sick time.
Performance Bonus
All Texas Hydraulics employees are participants in the company performance bonus program. The program is designed to reward earnings growth and high return on investment.
Retirement
Upon employment, employees are eligible to join the Dover Corporation Retirement Savings Plan. Employees contribute to the plan through payroll deductions. After one year of service, the company matches 25% on the first 6% of employee contributions.
Dover Corporation is a multi-billion dollar, global producer of innovative equipment, specialty systems and value-added services for the industrial products, fluid management, engineered systems and electronic technology markets. It is organized into four reporting segments including six operating platforms as follows:
Segments Platforms
Industrial Products Material Handling
Mobile Equipment
Engineered Systems Product Identification
Engineered Products
Fluid Management Energy
Fluid Solutions
Electronic Technologies
Dover Corporation (“Dover”) is committed to maintaining compliance with all
applicable securities laws and regulations, accounting standards, accounting controls
and audit practices and to practicing good corporate governance.
Any person may submit a good faith complaint or concern regarding accounting
or auditing matters to the management and/or the Audit Committee of Dover without
fear of retaliation of any kind. All complaints and concerns are taken seriously. Dover’s
Audit Committee will oversee treatment of such complaints and concerns.
In order to facilitate the reporting of complaints, Dover’s Audit Committee has
established procedures for (1) the receipt, retention and treatment of complaints
regarding accounting, internal accounting controls, or auditing matters (“Accounting
Matters”) and (2) the confidential, anonymous submission by employees of concerns
regarding questionable Accounting Matters.
Any person may also in good faith communicate directly with the nonmanagement
members of Dover’s Board of Directors, and any stockholder may
communicate with the Board of Directors. The procedures for communications with the
non-management directors or the Board of Directors are substantially the same as for
reporting complaints or concerns about Accounting Matters, and are described below in
“Methods for Communications”.
From comprehensive insurance to vacation, Texas Hydraulics offers an extensive and flexible benefits package. Here is a summary of our key programs for full time employees.
Insurance
Medical & Vision - Each division of Texas Hydraulics offers a 2 PPO and 1 CDHP type of health plan. Each plan provides a wide variety of coverage for employees and their dependents. For eligible new employees and their dependents, coverage is available first of the month following 30 days of employment.
Dental - Each division of Texas Hydraulics offers employees and eligible dependents dental benefits. These include usual, customary and reasonable charges for oral evaluations, cleanings, fillings, root canals, and other dental services.
Prescriptions - Texas Hydraulics medical plans have prescription coverage. Co-pays vary with
each plan.
Life - Texas Hydraulics provides no-cost life insurance to all employees. Coverage begins first of the month following 30 days of employment. Additional life insurance may be purchased for the employee, spouse or dependents.
Disability - Benefits are also available due to disability from accident, illness or pregnancy.
Paid Time Off
Vacations - Texas Hydraulics has a paid vacation policy that is based on years of service. Ten (five for hourly employees) days are available after one full year of service and as many as 20 days after 20 years of service.
Holidays - All employees enjoy 9 paid holidays each year - New Year's Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and the Friday after, Christmas Day and a Christmas floater.
Sick Leave - After the first year of service, hourly employees are eligible for 1 day of paid sick time. After the second year of service, hourly employees are eligible for 2 days of paid sick time.
Performance Bonus
All Texas Hydraulics employees are participants in the company performance bonus program. The program is designed to reward earnings growth and high return on investment.
Retirement
Upon employment, employees are eligible to join the Dover Corporation Retirement Savings Plan. Employees contribute to the plan through payroll deductions. After one year of service, the company matches 25% on the first 6% of employee contributions.
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