capital · May 21, 2026
SWEP to Invest $30 Million to Expand Heat Exchanger Production
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SWEP, a unit of Dover Corporation, announced plans on May 13, 2026 to invest $30 million to expand manufacturing capacity through 2026-2027. The additional funds will more than double capacity for larger sized brazed plate heat exchanger products. The expansion serves growing demand in AI data centers and global heating/cooling markets. Investments include new furnaces, test equipment, press lines and automation at five factories worldwide. Dover Corporation reports as NYSE: DOV.
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