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Hemen Yayinlanmak Üzere November 20, 2008

Irtibat: Kathy Brysse

Gates announces new facility in Turkey

Denver, CO – Gates Corporation, a wholly-owned subsidiary of Tomkins plc, today announced plans to invest in a new Power Transmission facility in the Izmir Free Trade Zone in Turkey. The investment will enable Gates to benefit from local market growth potential for its automotive business. It also offers a strategic location from which to further grow markets to the West, East and Middle East, and access to a large, entrepreneurial workforce with a long history as a trading nation.
“Expanding into Turkey allows Gates to meet the product and service needs of the growing European automotive market. It’s a dynamic geographic region that has a skilled workforce as well as a strong supply base. In addition, Turkey is growing as a significant market for our customers; their businesses depend on having reliable supplier partners such as Gates,” said John Bohenick, president, Gates Corporation. 
This new plant will support the fast-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 Corporation was named director of Powertrain – Europetoassume responsibility for the new site.
Gates Corporation ( is one of the world’s leading manufacturers of industrial and automotive products, systems and component with operations in 25 countries. Gates maintains sales and marketing operations in every major industrial and automotive market, including North and South America, Europe, Asia, Australia and the Gulf Region. Gates is part of the Industrial & Automotive group of Tomkins plc, a global engineering group listed on both the London (TOMK) and New York (TKS) stock exchanges, and with revenue of $5.8 billion in 2007. Tomkins plc has over 34,000 employees worldwide and enjoys strong market positions and technical leadership across all of its business activities and owns some of the best-known brands in their respective markets.