George L. Ohrstrom Sr. was an American businessman and financier who played a significant role in the founding and early development of Dover Corporation, a global manufacturer of diversified industrial products, including engineering and manufacturing equipment, fluid management solutions, and other specialized products.
George L. Ohrstrom Sr. was born in 1900 in New York City. He attended Yale University and began his career as a stockbroker. In 1929, he founded the George L. Ohrstrom & Co. investment firm, which became highly successful and was involved in the financing of numerous business ventures. Ohrstrom was known for his skills in recognizing promising investment opportunities and helping businesses grow and expand.
In 1955, George L. Ohrstrom Sr. played a crucial role in the formation of Dover Corporation. He helped bring together several small industrial manufacturing companies under the Dover umbrella to create a more substantial and more diversified business entity. Ohrstrom served as a key financier and advisor during the early years of Dover Corporation, helping to shape its strategic direction and growth.
Under Ohrstrom's guidance, Dover Corporation expanded its operations and product offerings, becoming a leading manufacturer of industrial products with a global presence. Dover Corporation has since continued to grow and diversify, focusing on the acquisition of businesses with strong growth potential and a commitment to innovation and customer service.
Although George L. Ohrstrom Sr. passed away in 1967, his influence on Dover Corporation and its commitment to growth and innovation can still be seen today. The company has grown into a successful, diversified industrial manufacturer serving customers worldwide.
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