Hillphoenix Portfolio of Natural Refrigeration Solutions Will Enable Food Retailers to Meet Recent California Air Resource Board Regulations

DOWNERS GROVE, Ill., December 17, 2020 – The California Air Resource Board (CARB) enacted regulations on December 14 that significantly impact the supermarket and industrial refrigeration industry. These regulatory requirements on refrigerants are the most stringent to date and significantly limit the design and kind of refrigeration systems allowed in the marketplace. Hillphoenix’s portfolio of environmentally friendly products will allow businesses to remain compliant with these new regulations.

These rules specifically affect retail and industrial stationary refrigeration units with greater than 50 pounds of refrigerant and a Global Warming Potential (GWP) of 150 or more like the ones found in grocery stores and other food retail establishments. The regulations apply to new refrigeration equipment and retrofits and take effect at the beginning of January 2022.

“This landmark decision by the California Air Resources Board will have a lasting impact on the industry and likely have far-reaching influence on regulatory decisions across the United States and the globe,” stated Scott Martin, director of research, industry relations and development for Dover Food Retail and Hillphoenix. “With our leading portfolio of natural refrigeration solutions, Hillphoenix is able to provide innovative and environmentally friendly products that will enable our customers to meet these new regulations.”

For many years, Hillphoenix anticipated regulatory change and invested in the development of sustainable technologies and refrigeration solutions. The result being a broad portfolio of refrigeration systems that meet these new regulatory requirements. These investments include the 2011 acquisition of Advansor DE in Europe, a leader in CO2 technology research and development in sustainable refrigeration systems, and the 2020 opening of a new factory in Denmark that is proving to be a springboard for CO2 leadership in Europe and North America. To date, Advansor has over 7,000 installations of CO2 systems in Europe.

“Advansor is a world leader in natural refrigeration technologies, and our [proprietary] technology uses CO2 in refrigeration to lessen the product’s contribution to global warming,” stated Advansor managing director Kristian Breitenbauch. “We are continuously innovating to improve environmental outcomes for our customers.”

U.S. manufacturing at Hillphoenix is focused on providing a wide variety of CO2 systems with North American installations exceeding 1,000 as many major retailers have committed to making the technology switch.

“Hillphoenix is a pioneer in designing environmentally sustainable refrigeration products for the industry,” said Martin. “With improvements in alternative refrigerants and energy efficiency, Hillphoenix has helped remove over 2.5 billion pounds of harmful emissions in the last two decades and delivered thousands of natural refrigeration solutions to food retailers throughout the country. We remain committed to supporting the reduction of harmful emissions to lessen the environmental burden and help our customers succeed in the marketplace.”

About Hillphoenix:
Hillphoenix branded products and services deliver advanced design and manufacturing of commercial refrigerated display cases and specialty products along with commercial and industrial refrigeration systems and integrated power distribution systems. Training, design, energy and aftermarket services are available through the Hillphoenix Learning and Design Centers and The AMS Group. For more information visit www.hillphoenix.com, or call 800-283-1109.

About Dover Food Retail:
Dover Food Retail, part of Dover Corporation with headquarters in Conyers, Georgia, is the partner to customers seeking to create unique food experiences. Employing the capabilities of our industry-leading brands, Anthony and Hillphoenix, we are able to provide insight and a comprehensive portfolio of innovative solutions that enables our customers to sell more food, more profitably. Our ability to evolve with the ever-changing market demands is driven by our passion for understanding our customers’ business and providing them with the best quality products and services they need to succeed both today and in the future. Our focused, forward-thinking approach, combined with the strength of our brands, sets the stage for streamlined product development, a broader product portfolio, and cutting-edge technology resulting in redefining what is possible for customers in the food retail value chain.

About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $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, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions and Refrigeration & Food Equipment. Dover combines global scale, operational agility, world-class engineering capability and customer intimacy to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of over 23,000 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.

Investor Contact:
Andrey Galiuk
Vice President – Corporate Development
and Investor Relations
(630) 743-5131
agaliuk@dovercorp.com

Media Contact:
Adrian Sakowicz
Vice President – Communications
(630) 743-5039
asakowicz@dovercorp.com