[1] The company employs over 15,000 and has sales and manufacturing operations in North and South America, Europe, Asia, Australia, and the Middle East.

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.

The site was purchased by Denver-based Frontier Renewal in September 2014 with the intention of completing the cleanup preparing it for future development.

[7][8] After an unsolicited approach, in July 2010 Tomkins was acquired by a Canadian consortium of private equity firm Onex Corporation and the Canada Pension Plan Investment Board for £2.9 billion.

In July 2014, The Blackstone Group, the world's largest buyout firm, agreed to acquire The Gates Corporation from Onex Corp. (OCX) and Canada Pension Plan Investment Board for $5.4 billion.