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  • Gates Corporation, based in Denver, Colorado USA, is a world leader in industrial engineering and manufacturing. The company employs over 14,500 staff and has sales and manufacturing operations in all of the world's major markets, including North and South America, Europe, Asia, Australia, and the Middle East. On October 1, 1911, Charles Gates Sr. purchased the Colorado Tire and Leather Company located in Denver, Colorado beside the South Platte River. He paid $3,500 for a property that would one day become one of the world's largest manufacturers of power transmission belts and a leader in hydraulic and fluid power products for industrial and automotive products. Colorado Tire and Leather Company made a single product, the Durable Tread, a steel-studded band of leather that motorists attached to tires to extend their mileage. In 1917, the company began phasing out leather in favor of rubber and Charles Gates changed its name to the International Rubber Company. That same year, John Gates, Charles's brother, developed a belt made of rubber and woven threading called a V-belt, due to its shape.

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