CINCINNATI, OHIO USA – OPW, A Dover Company (NYSE: DOV) and the global leader in fluid handling solutions, announced today that it has consolidated its Asia-Pacific operations into a single business unit called OPW Asia-Pacific. The consolidation includes: OPW Fueling Components, OPW Fluid Transfer Group, KPS Malaysia and China, and Fibrelite Malaysia.
“The intention of this consolidation is to better leverage the scale of OPW’s growing presence in the region,” stated OPW president, David Crouse. “This enables us to better combine our talented teams to drive continuous improvement across new product development, product management, manufacturing, and supply chain.”
Richard Chen has been appointed Managing Director of the newly combined OPW Asia-Pacific business unit. Prior to this announcement, Richard served as the Managing Director of the company’s OPW Fueling Components Asia-Pacific operation, a position he has held since 2003.
Richard began his career with OPW Fueling Components in 2002 where he was based at the company’s world headquarters in Cincinnati, Ohio USA. In 2003, Richard opened OPW’s first manufacturing facility in Suzhou, China. In 2009, he increased OPW’s manufacturing presence in China and simultaneously opened Dover’s first shared services facility that included OPW FTG, De-Sta-Co, and Colder. A second building was added in 2010. Today there are five Dover operating companies within the shared services facility.
Richard has a BA in Economics, an MBA from Northeastern University in Boston, and a MS in Management Information Systems from Boston University.
“As a combined group, we have significantly enhanced our sales coverage, technical support, distribution, and manufacturing capabilities to offer higher levels of service to our customers in the region,” commented Richard Chen on the consolidation.
OPW Asia-Pacific will represent all product lines of OPW Retail Fueling (including KPS and Fibrelite), OPW Electronic Systems, OPW Transportation, and OPW Chemical & Industrial. For the China market only, the company’s legacy Jump and OPW branded loading arms will be represented by a recently combined Jump & OPW Loading Arm sales team. The new OPW Asia-Pacific will be headquartered in Shanghai, China.
Richard Wei, the former Managing Director of OPW FTG China will continue in his role as Integration Manager for the Jump acquisition. He will report directly to Steve Van Pee, General Manager of OPW’s Chemical & Industrial Business Unit.
OPW is the global leader in fully integrated fluid handling, management, monitoring and control solutions for the safe and efficient handling of critical petroleum-derived 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, including swivels, breakaways, industrial and automatic dispensing nozzles for vapor recovery, gasoline, diesel, and alternative fuels, and clean energy fueling nozzles and accessories for LPG, Hydrogen and CNG. OPW has 1500+ employees with manufacturing operations in North America, Europe, Brazil, China and India and sales offices around the world. OPW is an operating company within the Fluids segment of Dover Corporation (NYSE: DOV).