Gates Corporation Earns 2009 Plant Services Best Practices Award
The Award Recognizes the Power Transmission Division for Its Energy-Saving Solutions
Denver, CO, April 02, 2009 --(PR.com)-- Gates Corporation has garnered a prestigious 2009 Best Practices Award from Plant Services magazine for its energy-saving synchronous belt drive systems. The leading manufacturer of industrial products is recognized for its HVAC solutions for Reichhold Inc., a global supplier to the composites and coatings industries.
By converting various V-belt drives in its Durham, N.C. facility to Gates synchronous belt drives, Reichhold saves more than $34,000 per year in reduced energy costs. In addition, the synchronous belts will run for years without retensioning or replacement, saving additional downtime and maintenance costs.
Entries to the awards program described implementation of a maintenance or asset management practice, a service or a product in an industrial facility. They were judged on the basis of short- and long-term return on investment, innovation and breadth of applicability by a combination of Plant Services editors, readers and industry experts. Gates earned the award in the Energy category. Other categories included Equipment, Management, and Reliability.
Access the story at PlantServices.com to learn more.
About Gates Corporation
Gates Corporation is one of the world’s leading manufacturers of industrial and automotive products, systems and components 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 $5.5 billion in 2008. Tomkins plc has over 33,000 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. For more information, visit http://www.gates.com or email info@gates.com.
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By converting various V-belt drives in its Durham, N.C. facility to Gates synchronous belt drives, Reichhold saves more than $34,000 per year in reduced energy costs. In addition, the synchronous belts will run for years without retensioning or replacement, saving additional downtime and maintenance costs.
Entries to the awards program described implementation of a maintenance or asset management practice, a service or a product in an industrial facility. They were judged on the basis of short- and long-term return on investment, innovation and breadth of applicability by a combination of Plant Services editors, readers and industry experts. Gates earned the award in the Energy category. Other categories included Equipment, Management, and Reliability.
Access the story at PlantServices.com to learn more.
About Gates Corporation
Gates Corporation is one of the world’s leading manufacturers of industrial and automotive products, systems and components 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 $5.5 billion in 2008. Tomkins plc has over 33,000 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. For more information, visit http://www.gates.com or email info@gates.com.
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Contact
Gates Corporation
Mari Jane Panek
303.744.4533
www.gates.com
Mari Jane Panek
303.744.4533
www.gates.com
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