OPW ACQUIRES LIANYUNGANG JUMP PETROLEUM CHEMICAL MACHINE CO. LTD

by OPW Engineered Systems | Nov 05, 2013
CINCINNATI, OHIO – OPW, an operating unit within Dover Corporation's (NYSE: DOV) Energy segment, and a global leader in fluid handling solutions, announced today that it has completed the acquisition of Lianyungang Jump Petroleum Chemical Machine Co. Ltd ("Jump"). Jump is a leading provider of top loading and LNG onshore loading equipment in China. The company will become part of OPW's Chemical & Industrial business unit. Jump products will be marketed in the Asia-Pacific region.

"Jump's product offering allows us to expand upon our top, bottom, pneumatic and automated loading system portfolio in Asia-Pacific," stated Steve Van Pee, Vice President & General Manager of OPW Chemical & Industrial. "Their products complement the OPW Engineered Systems brand of loading systems that we market in China. By combining Jump's technologies and products with OPW's offering we can offer a breadth of solutions for refinery, oil depot, marine, chemical and LNG loading applications unmatched in the Asia-Pacific region."

"The acquisition of Jump is consistent with OPW's growth strategy outside of North America," stated David Crouse, OPW president. "The combination of Jump and OPW enables us to provide our customers with the best solution available, supplied and supported from a single source anywhere in Asia. By leveraging each company's strengths, we create the best team to develop even more innovative solutions to address the needs of our fluid handling customer base in Asia."

Jump was established in 1999, and is the first China domestic company qualified as a bottom-loading supplier for PetroChina. The company specializes in LNG and automated loading arms and has a reputation for delivering exceptional after sales service and support. Its headquarters and manufacturing facilities are located in Lianyungang, Jiangsu with sales offices in Beijing and Shenzhen.

Media Contact:
Darren Wight, Marketing Representative
OPW Fluid Transfer Group 
(513) 280-0047 or dwight@deanhouston.com

OPW is the global leader in fully integrated fluid handling, management, monitoring and control solutions for the safe and efficient handling of fuels and critical fluids from the refinery to the commercial and retail points of consumption, including loading systems, rail and transport tank truck equipment, tank gauging equipment and automated fuel management systems, valves and fittings, underground and above ground storage tank equipment, spill containers, overfill prevention devices, secondary containment sumps and flexible piping, fuel dispensing products, and clean energy fueling nozzles and accessories for LPG, Hydrogen and CNG. OPW has 1200 employees with manufacturing operations in North America, Europe, Brazil, China and India and sales offices around the world.  For additional information on OPW, please visitwww.OPWGlobal.com.