Gates Corporation, a global, diversified manufacturer of industrial and automotive products, has announced that it will expand its Iola manufacturing facility to accommodate a new line of oil and gas hose products. The 82,000 square foot expansion will increase the size of the company's existing plant, which manufactures hydraulic and other industrial hose products.
"Selecting Iola as the site for this new facility speaks to the quality of the people and products manufactured out of the Iola plant," said Ken Friedman, president of the Americas Region for Gates.
In operation since 1975, the Gates Iola plant currently employs more than 650 people in its manufacturing and distribution operations and is currently accepting applications for employment. Its expanded plant will be more than 500,000 square feet. Construction is expected to begin in the summer of 2015 and will take approximately 18 months to complete, including equipment installation and testing.
"Gates Corporation continues to invest in Iola and create good manufacturing jobs," Kansas Commerce Secretary Pat George said. "It's exciting that the company has achieved so much success in southeast Kansas and is contributing to our state's economic growth."
"We are very excited about this expansion of our Iola manufacturing facility," said Scott Strycker, Gates Iola plant manager.
Gates Corporation is the world's leading manufacturer of power transmission belts and a premier global manufacturer of fluid power products. Its highly engineered products are critical components used in diverse industrial and automotive applications where the cost of failure is very high relative to the cost of our products.
Gates provides a differentiated value proposition by offering a complete portfolio of premium product and service solutions for both replacement and first-fit applications across our targeted end markets, which encompass process and specialty, construction, agriculture, energy, transportation, and automotive.