Gates Corporation manufactures power transmission belts and fluid power products used in industrial machinery and vehicles. It was founded in Denver,…
Gates Corporation manufactures power transmission belts and fluid power products used in industrial machinery and vehicles. It was founded in Denver, Colorado in 1911, and its early history includes the steel studded tyre and then the V belt, a design that became a standard method of transmitting power between rotating shafts.
The power transmission business makes synchronous and V belts, tensioners, pulleys and related components. These parts appear in engines, agricultural and construction equipment, industrial machinery, and increasingly in applications where a belt replaces a chain because it runs quieter and needs less maintenance. The fluid power business makes hydraulic hoses, couplings and assemblies that carry pressurised fluid in heavy equipment.
A large share of revenue comes from replacement parts rather than original equipment. Belts and hoses wear out on a predictable cycle, so the company supplies distributors, repair shops and maintenance operations as well as manufacturers, which gives the business a different demand pattern from equipment makers alone.
Gates listed on the New York Stock Exchange in 2018 and operates manufacturing, distribution and testing sites across the Americas, Europe and Asia, including significant operations in India and China.
Roles cover materials and mechanical engineering, manufacturing, quality, supply chain, application engineering and commercial functions.
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Gates Corporation operates in industrial manufacturing, is headquartered in Denver, Colorado, USA, employs around 10,001+ people.
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