Who Owns OPW?
OPW is owned by Dover Corporation (NYSE: DOV), a publicly traded diversified manufacturer headquartered in Downers Grove, Illinois. Founded in 1892 in Cincinnati as Ohio Pattern Works, OPW makes fuel nozzles, tank fittings, loading systems, and fluid handling components for retail fueling and industrial markets. Dover acquired it in 1961, one of its earliest acquisitions.
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Who Owns OPW?
- Parent Company: Dover Corporation
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: New York Stock Exchange: DOV
| Brand | Parent Company | Ownership Type |
|---|---|---|
| OPW | Dover Corporation | Wholly owned |
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History of OPW
- Founded: 1892
- Founders: Ohio Pattern Works
The company started as Ohio Pattern Works in Cincinnati in 1892, making castings and pattern work before specializing in valves and fittings for the growing petroleum industry. Its automatic shut-off fuel nozzle, introduced mid-century, became the standard design used at gas stations worldwide.
Dover acquired OPW in 1961, one of the earliest deals in the conglomerate's history, and the brand became the foundation of what is now the Clean Energy & Fueling segment. Expansion added tank fittings, spill containment, overfill prevention, and vapor recovery products.
Today OPW spans retail fueling components, chemical and industrial loading systems (OPW Engineered Systems), and clean energy products for LNG and hydrogen handling as the segment pivots toward new fuels.
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About Dover Corporation
Is Dover Corporation publicly traded?
Yes. It trades on the NYSE under ticker DOV and is in the S&P 500.
What does Dover Corporation make?
Diversified industrial equipment across five segments: fueling systems, specialty pumps, product coding, commercial refrigeration, and engineered components for vehicle service, aerospace, and industrial markets.
Is Dover the same as Dover Elevator?
Dover Corporation once owned Dover Elevator, a major elevator maker, but sold it to Thyssen in 1999. The company today is a diversified manufacturer with no elevator business.
Who is the CEO of Dover?
Richard J. Tobin, president and CEO since 2018.
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How long has Dover raised its dividend?
70 consecutive years through 2025, one of the longest streaks in the market.
Where is Dover headquartered?
Downers Grove, Illinois, a Chicago suburb.
- Founded: 1947
- Headquarters: Downers Grove, Illinois, USA
- Company Type: Publicly Traded
- Stock: New York Stock Exchange: DOV
- Revenue: $8.1 billion (FY2025)
- Employees: Approximately 24,000
Where Is OPW Made / Based?
- Headquarters: Hamilton, Ohio, USA
OPW Categories & Tags
Brands Owned by Dover Corporation
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Danish CO2 transcritical refrigeration pioneer founded in 2006, acquired by Dover Corporation in 2025 to lead natural refrigerant solutions for food retail.
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Can-making production machinery brand founded in 1962 in Lynchburg, Virginia, a Dover Corporation business serving the global beverage can industry.
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Sliding vane pump brand founded in 1903 in Michigan, a Dover PSG business for petroleum, LPG, chemical, and industrial fluid transfer.
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Conglomerates IndustrialDover Fueling Solutions
Owned by Dover Corporation
Retail fuel dispensers and forecourt systems brand combining Wayne, Tokheim, and OPW fueling heritage under Dover Corporation.
fuelinggas-stationsfuel-dispensers
Conglomerates IndustrialDover
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The corporate brand of Dover Corporation, the Downers Grove industrial manufacturer behind Markem-Imaje, Hillphoenix, OPW, and dozens of niche equipment brands.
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Commercial refrigeration display case and systems manufacturer with roots to 1887, a Dover Corporation business headquartered in Conyers, Georgia.
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OPW Ownership: Pros & Cons
Advantages
- +Over 130 years of fuel handling heritage
- +Specification-level positions with global fuel retailers
- +Product extension into LNG, hydrogen, and industrial fluids
Considerations
- -Long-term gasoline demand decline pressures core nozzle volume
- -Component pricing pressure from low-cost manufacturers
- -Transition products must offset legacy fuel product declines
Frequently Asked Questions About OPW
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Sources & Further Reading
Competitors to OPW
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Dover Corporation | USA | 2016 | Mass market | Global | All Genders | |
| Dover Corporation | USA | 1955 | Mass market | Global | All Genders |
Learn More About Competitors
Conglomerates IndustrialDover Fueling Solutions
Owned by Dover Corporation
Retail fuel dispensers and forecourt systems brand combining Wayne, Tokheim, and OPW fueling heritage under Dover Corporation.
fuelinggas-stationsfuel-dispensers
Conglomerates IndustrialWilden
Owned by Dover Corporation
Inventor of the air-operated double diaphragm pump, founded in 1955 in California and operating today as a Dover PSG brand.
pumpsdiaphragm-pumpsfluid-handling
Competitive Analysis
Market Positioning: OPW competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to OPW
Looking for brands with different ownership structures? These similar brands are not owned by Dover Corporation, giving you alternative choices that support different corporate structures.
Conglomerates IndustrialBrevini
Owned by Dana
Dana's motion systems brand for industrial gearboxes and hydraulics, acquired in 2017.
gearboxeshydraulicsmotion-systems
Privately Owned
Brevini is privately owned, unlike OPW which is under a publicly traded parent company.
Conglomerates IndustrialGWB
Owned by Dana
Dana's German heavy driveshaft brand serving steel, rail, and industrial applications.
driveshaftsindustrialsteel
Privately Owned
GWB is privately owned, unlike OPW which is under a publicly traded parent company.
Conglomerates IndustrialU.S. Steel
Owned by United States Steel Corporation
Flagship brand of United States Steel Corporation, the iconic Pittsburgh steelmaker now a wholly owned subsidiary of Nippon Steel under a US government golden share arrangement.
steelmanufacturingmetals
Privately Owned
U.S. Steel is privately owned, unlike OPW which is under a publicly traded parent company.
Conglomerates IndustrialACC Limited
Owned by Adani Group
Indian cement and ready-mix concrete manufacturer, one of the oldest cement companies in India, owned by Adani Group since 2022.
cementconstructionbuilding-materials
Privately Owned
ACC Limited is privately owned, unlike OPW which is under a publicly traded parent company.
Conglomerates IndustrialAmbuja Cement
Owned by Adani Group
Indian cement manufacturer providing construction materials and building solutions, owned by Adani Group since 2022.
cementconstructionbuilding-materials
Privately Owned
Ambuja Cement is privately owned, unlike OPW which is under a publicly traded parent company.
Conglomerates IndustrialCHS
Owned by CHS Inc.
American agribusiness brand for grain, agronomy, energy, and crop input services, the master brand of the largest farmer-owned cooperative in the United States.
agribusinesscooperativegrain
Privately Owned
CHS is privately owned, unlike OPW which is under a publicly traded parent company.
Dover Corporation Stock Information
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Jobs at Dover Corporation
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