New York-based manufacturing conglomerate Dover Corp. has moved the headquarters of its electronics unit from upstate New York to Tustin with the promotion of a rising star with local roots.
David R. Van Loan recently was named chief executive of Dover Technologies International Inc., which has a circuit board plant in Pomona. He replaced John Pomeroy, who retired from the Dover unit last month.
With Van Loan’s promotion came a move of the divisional headquarters from Binghamton, N.Y.
“The reason we moved here is because I live here,” said Van Loan, an Anaheim Hills resident. “I was raised in Huntington Beach. It would have been hard to leave.”
Dover Technologies counts yearly sales of $1.5 billion.
Van Loan served as president of Dover Technologies since July. He joined a decade ago when Dover bought his Pomona company, Everett Charles Technologies.
Dover makes everything from garbage trucks to refrigeration equipment and has yearly sales of $6 billion.
Van Loan said he wasn’t interested in moving to the blue-collar town of Binghamton. Being based in upstate New York makes travel challenging for customers and executives, he said.
“Binghamton is not easy to get in and out. It’s more convenient here,” he said.
In late December, Dover Technologies quietly opened a small office along East 17th Street in Tustin near the Costa Mesa (55) Freeway. The office is home to Van Loan and Peter Marshall, Dover Technologies’ chief financial officer.
For more on this story, see the Jan. 23 edition of the Business Journal.
