Vehicle Service Group to Expand Manufacturing Capacity in Madison, Indiana

New automated production line will bring jobs, skills development, and enhance local manufacturing capabilities

DOWNERS GROVE, Ill., May 22, 2025 /PRNewswire/ -- Vehicle Service Group (VSG), part of Dover (NYSE: DOV) and leading manufacturer of vehicle lifting and repair equipment, today announced an over $5 million investment in its Madison, Indiana, facility to support the installation of a state-of-the-art automated production line.

The new production line is designed to complement VSG's existing manufacturing capabilities and ensure the company can serve the North American market efficiently and reliably. An over $5 million investment in new automation and production equipment will also create new jobs and skills development opportunities for Madison-based team members, enhance production capacity to support growing demand in North America, and improve lead times and product availability for customers served by the Madison facility.

"This strategic expansion is part of VSG's global manufacturing optimization strategy to invest in automation, new technologies, and improved quality along with workforce development in our key markets," said Arjun Mirdha, President of VSG, TWG and OK International. "This investment is a testament to the dedication of our Madison team and not only strengthens our ability to serve customers with high-quality products delivered on time but also creates meaningful opportunities for our employees and supports the long-term growth of our operations here in Indiana. We're not just investing in equipment, we're investing in our people who deliver exceptional products and service to our customers, as well as our community, and the future of U.S.-based manufacturing."

The project timeline includes equipment installation, hiring, and training of team members, with production ramp-up planned for Q1 2026.

VSG has been a long-standing employer in the Madison area, and this latest investment reinforces its commitment to local job creation, workforce development, and economic growth.

For more information about VSG and its manufacturing operations, please visit www.vsgdover.com.

About Vehicle Service Group:

Vehicle Service Group (VSG), part of Dover Corporation, is a global leader in vehicle service and repair equipment. Through its trusted brands like Rotary, Forward, Direct Lift and Chief Collision Technology, VSG delivers innovation, quality, and performance to automotive service professionals around the world.

About Dover:

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.

Vehicle Service Group Contact:
David Fischmer
(812) 265-9543
dfischmer@vsgdover.com

Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com

Dover Investor Contact:
Jack Dickens, VP, Investor Relations
(630) 743-2566
jdickens@dovercorp.com

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SOURCE Dover