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November 25, 2015 6:23 PM ET


Company Overview of The Gates Corporation

Company Overview

The Gates Corporation manufactures and supplies power transmission belts and fluid power products. The company offers automotive aftermarket parts, such as belts, hoses, hydraulics, tools, and accessories for cars, light trucks, fleets, and recreational vehicles; and industrial belts, hoses, hydraulics, sprockets, and sheaves and equipment for use in the areas of agriculture, food and beverage processing, mining, oil and gas, transportation, and other markets. It also provides engineering support for oilfield engineering services in North America. In addition, the company offers programs and promotions for WDs, auto parts stores, and professional service centers. Its products and services se...

1551 Wewatta Street

Denver, CO 80202

United States

Founded in 1911





Key Executives for The Gates Corporation

Chairman and Chief Executive Officer
Age: 60
Acting Chief Financial Officer
Chief Manufacturing Officer and President of Americas Region
Age: 45
President of Europe, Middle East and Africa
President of Asia Pacific
Age: 51
Compensation as of Fiscal Year 2015.

The Gates Corporation Key Developments

Gates Corporation Introduces New Belt Education Display

Gates Corporation introduced its new System Smart Belt Education Display. The dual-sided, 3D interactive belt display shows how the individual components of the timing and the serpentine systems work together and wear at the same rate. All information on the countertop display is in both English and Spanish. Educational brochures on total system maintenance as well as a discussion guide for repair shops are also included. The display will enable repair shops to educate customers of the importance of serpentine and timing belt system maintenance. It is intended to help customers understand how components work and wear in unison so that they can make informed decisions regarding total system replacement in order to prevent inconvenient breakdowns and costly repairs.

Gates Corporation to Introduce New High-Mileage Sprockets for Expedition Cyclists and Global Bike Trekkers at Eurobike 2015

Gates Corporation will introduce new high-mileage sprockets for expedition cyclists and global bike trekkers at Eurobike 2015. The CDX:EXP sprockets are designed for use with Rohloff hubs and offer extended range in abrasive off-road conditions. The extra durability derives from the 25% increase in surface area compared to regular CDX sprockets. Rohloff is a close partner of Gates, and its hubs combined with Gates belt drives are an increasingly popular application for trekking cyclists who seek a low-maintenance, strong and clean alternative to chains and derailleurs. Despite their extra strength, the CDX:EXP sprockets weigh only a few grams more than current CDX sprockets due to a redesign of the sprocket interface. The CDX:EXP sprockets are currently available in three front sizes and four rear sizes for consumers who want to upgrade their existing CDX drive. The 39-tooth front sprocket is also designed for use with Pinion gearboxes. Electric bikes and commuter bikes remain the biggest sales categories for Gates, which will show a range of new belt drive bikes and eBikes at Eurobike and Demo Day from brands including HNF Heisenberg, Cube, GTech, Kalkhoff, Biomega, Stevens, Klaxon, Riese and Muller, Butchers & Bicycles, Cannondale, Bergamont, Ghost, Kettler, Ibex, BME and Cannondale. HNF Heisenberg is a new brand that has introduced three eBikes with Gates Carbon Drive and Bosch drive systems, including a first-of-its-kind full-suspension electric mountain bike whose suspension linkage was designed by BMW. Karlheinz Nicolai, one of the Heisenberg founders, is also the head of Universal Transmissions, the Gates Carbon Drive distributor for Europe and a research and development partner for Gates. Other new product highlights include the new lower-priced CDN belt system. Gates is working closely with Thun in Europe and FSA in Asia to design and make available bottom brackets specific for the CDN system. Gazelle will introduce a new commuter bike at Eurobike that uses the CDN system.

Gates Corporation Introduces New Serpentine Belt Inspection Tool

Gates Corporation introduced its new Belt Wear Gauge tool for serpentine belt inspection. Designed with input from professional technicians, the small, lightweight tool provides a simple and reliable way to determine belt wear by gauging material loss between belt grooves and providing instant pass/fail results. The new and improved tool makes it easy for professional technicians to diagnose the proper preventive maintenance for customers. It can be used on any open, straight surface on the belt and can also be used one-handed, on or off the vehicle, and in places that are hard to see. Technicians press the tool into the belt grooves with light pressure and then attempt to rock the gauge in a lateral motion. If the gauge remains tightly seated, the belt has sufficient service life remaining and does not need to be replaced. If the gauge allows lateral rocking movement, it indicates that the belt ribs are worn enough to allow belt slip and that the belt should be replaced.

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