Gates Industrial Corporation

DENVER -- November 12, 2026 -- Gates Industrial Corporation (NYSE: GTES) introduced the Gates ThermalCool 2100SS Pump, a stainless steel coolant pump rated for up to 200 L/min at 3 bar in a 4U-compatible design. The pump adds active coolant circulation to a data center portfolio that, according to the company, so far consisted of hoses, UQDs, fittings and engineered assemblies.

The rated flow works out to 12 cubic metres per hour, by FairsOnline's calculation.

Pump cools its own motor with the coolant it circulates

The motor is electrically dry and liquid-cooled by the coolant the pump already moves, so no separate cooling circuit or fan is needed, Gates says. The company positions this for enclosed rack-mounted coolant distribution units (CDUs) with limited airflow or high ambient temperatures.

Denver – September 29, 2026 -- Gates Industrial Corporation Ltd. (NYSE: GTES) has completed the acquisition of The Timken Company's belts business, including select manufacturing assets, expanding its North American power transmission footprint.

Gates gains manufacturing capacity and customer ties across three key markets

The deal adds production capacity and customer relationships spanning industrial original equipment manufacturers, the industrial aftermarket, and mobility power sports segments. Gates said the acquisition also strengthens its talent base with the addition of former Timken employees.

North Canton, Ohio – – September 29, 2026 -- The Timken Company has completed the sale of its belts business assets to Gates Industrial Corporation Ltd. (NYSE: GTES), marking a strategic exit from the belts manufacturing segment. Financial terms of the transaction were not disclosed.

Divestiture targets 2028 margin goals for Timken's Industrial Motion segment

Timken President and CEO Lucian Boldea called the sale "an important milestone in achieving our stated 2028 margin targets," noting the move allows the company to concentrate on its core advanced motion technology capabilities. The divested unit produced a broad line of belts for industrial, commercial and consumer applications.