June 23, 2017 9:47 AM ET

Machinery

Company Overview of Gates Corporation

Company Overview

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 serve ...

1551 Wewatta Street

Denver, CO 80202

United States

Founded in 1911

Phone:

303-744-1911

Fax:

303-744-4443

Key Executives for Gates Corporation

Chief Executive Officer
Age: 51
Chief Financial Officer
Chief Operating Officer
Age: 57
Chief Manufacturing Officer and President of Americas Region
Age: 46
President of the Americas Region
Age: 59
Compensation as of Fiscal Year 2016.

Gates Corporation Key Developments

Gates Corporation Announces its Expansion of Original Equipment Quality Automotive Aftermarket Products

Gates Corporation announced its expansion of Original Equipment (OE) quality automotive aftermarket products with 465 new part numbers covering several product categories. Highlights of the announcement include: New Retractable Air Hose Reels. Gates presents two variations of the Retractable Air Hose Reel, the result of extensive customer feedback and exceptional engineering. The first is a multi-use, fully enclosed automatic reel that allows the hose to be reeled out to the needed length and then held at that position. Its gradual return feature ensures no uncontrolled rewind if the hose is accidentally released. The second is a heavy-duty reel with a heavyweight dual supporting arm with galvanized and powder coated assembly for indoor or outdoor durability. Both come with Gates' Hybrid Polymer Air Hose. Please note that these reels will be available after May 15, 2017. Increased Coolant Outlet Coverage. Gates has 42 new part numbers for extended coverage of their OE-Exact and OE Performance Coolant Outlets. Improved seals provide leak-free performance while an advanced weld process ensures consistent construction every time. The Gates Coolant Outlet line does not require special tools and features all-in-one solutions, simple bolt-on solutions, and easy one-step installation. Expanded Line of Heater Hose Assemblies. Gates adds 3 new parts covering over 7 million Chrysler applications to its OE-Exact Heater Hose Assembly line. Made with OE materials, Gates' heater hose assemblies provide an OE-exact fit at significant cost savings compared to the OE dealer. All assemblies are manufactured with heavy-gauge steel tubing, strong welds, and high resistance against corrosion and rust. More Turbocharger Hose for the Import Market. Gates is expanding their already popular Turbocharger hose line with 7 new import parts including 2 Subaru parts, their first for this make. These hoses are frequently sold only from an OE dealer, making them difficult to find. Gates import line uses only OE-exact materials, readily handling high temperatures and pressure while resisting oil permeation. Gates turbo hose and kit offerings provide coverage for millions of VIOs and multiple makes. Additional Molded and Branched Hose Options. Gates is growing its molded coolant hose line with 74 new parts covering almost 5,500,000 vehicles on the road. 34 of these new hoses cover 3,700,000 European vehicles and 21 are for Asian applications, broadening Gates' import coverage with OE-exact replacements. In addition, 38 new branched hoses have been added. These parts are generally only available from the OE dealer.

Gates Corporation Opens New Regional Headquarters in Shanghai and Singapore

Gates Corporation has opened new regional headquarters facilities in Shanghai, China and Singapore. The company has made significant investments in Customer Experience Centres within each of these locations, which are designed to offer customers and visitors a hands-on understanding of Gates product innovations.

Gates Corporation Announces Release of 221 New Automotive Aftermarket Parts

Gates Corporation announced the release of 221 new part numbers across several categories of its Original Equipment (OE) quality automotive aftermarket products. New Electric Heater Control Valves. Gates adds Electric Heater Control Valves to its already comprehensive heating and cooling product line and is now offering OE Exact and application-specific designs. This release includes 12 parts for import vehicles, including BMW, Audi and Jaguar. These valves are made of high-quality resins and corrosion resistant metal and undergo rigorous testing and inspections. Expansion to the Power Steering Assemblies line. Gates adds 32 new pressure assemblies and 16 new return assemblies to its already robust line of assemblies. These assemblies come with everything needed for a complete repair, are tested to ensure a proper fit and exceed SAE J2050 performance requirements. Expansion to the Emission Ventilation Hose and Pressure Regulator program with 16 new parts. With coverage, Gates is your superior resource for problematic ventilation hoses on popular applications, many of which are only available from the dealer. Gates' emission products effectively restore the emission system to proper operation and performance. All parts are constructed from high quality materials for durability and maximum service life. 38 New Coolant Hoses added. These additions include 11 molded hose upper and lower hoses (including 7 import hoses), 6 small diameter hoses, 4 molded silicone hoses for heavy truck applications, and 15 new branched hoses covering 3.5 million Ford and GM trucks as well as almost 1 million import applications.

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Recent Private Companies Transactions

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