The 2020 Mid-Year Economic Update_long

Gates Corp. To Build Facility In Turkey

Gates Corp., Denver, CO., a wholly-owned subsidiary of Tomkins plc, will invest in a new power transmission facility in the Izmir Free Trade Zone in Turkey. The new plant will support the growing demand for oil pumps and tensioners in Europe.
 
Gates expects to break ground in the fourth quarter of 2008 and to be operational in early 2010. Gates plans on a workforce of over 100 associates by 2012. Gordon Hensley of Gates Corp. was named director of Powertrain -Europe to manage the site.
 
Gates Corp. manufactures industrial and automotive products, systems and components with operations in 25 countries. Gates is part of the Industrial &Automotive group of Tomkins plc, with revenue of $5.8 billion in 2007. ...

Gates Corp., Denver, CO., a wholly-owned subsidiary of Tomkins plc, will invest in a new power transmission facility in the Izmir Free Trade Zone in Turkey. The new plant will support the growing demand for oil pumps and tensioners in Europe.
 
Gates expects to break ground in the fourth quarter of 2008 and to be operational in early 2010. Gates plans on a workforce of over 100 associates by 2012. Gordon Hensley of Gates Corp. was named director of Powertrain -Europe to manage the site.
 
Gates Corp. manufactures industrial and automotive products, systems and components with operations in 25 countries. Gates is part of the Industrial &Automotive group of Tomkins plc, with revenue of $5.8 billion in 2007.

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