Gates Industrial Introduces New Line of Premium, Multi-Purpose Hydraulic Hoses to Meet Replacement Market and OEM Needs
Gates Industrial Introduces New Line of Premium, Multi-Purpose Hydraulic Hoses to Meet Replacement Market and OEM Needs Gates MXTâ„¢ line, designed using applied materials science and process expertise, delivers lightweight, flexible hydraulic hoses that exceed industry standards |
[28-June-2018] |
DENVER, June 28, 2018 /PRNewswire/ -- Gates Industrial Corp. plc (NYSE: GTES), a leading global provider of application-specific fluid power and power transmission solutions, introduces the next generation of premium hydraulics with the new Gates MXTâ„¢ family of hoses. This innovative, patent-pending product line is a lighter weight and more flexible solution that meets or exceeds a wide range of industry standards, and addresses both replacement market and original equipment manufacturer needs. It is designed for applications across industries such as agriculture, mining, construction and other end-markets with demanding performance requirements. "We have been focused on enhancing our product development and manufacturing capabilities, and MXT is a great example of how these investments are starting to pay off," said Ivo Jurek, CEO of Gates Industrial. "This innovative new product further demonstrates our ongoing dedication to push the boundaries of applied materials science and manufacturing processes to deliver solutions that meet the evolving needs of our customers."ÂÂÂÂÂÂ "Our customers have been telling us they want lighter, more flexible and easier-to-handle products that address multiple industry standards. They are seeking to enhance the performance of their machines, simplify their engineering processes, improve operational efficiencies and streamline inventory with a simplified selection of replacement products that can be used on virtually any original equipment platform," said Tom Pitstick, CMO and SVP of Product Line Management for Gates Industrial. "MXT delivers on these needs and adds value to our customers beyond just premium product performance." Gates MXT Features
Gates MXT is the latest addition to the Gates MegaSys® product portfolio, a complete hydraulic hose and coupling system, and will be available worldwide in the third quarter in select sizes and regions. About Gates Industrial Corp. plc Media Contact:
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Company Codes: NYSE:GTES |
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