Gates to close hose plant in Missouri

ERJ staff report (R&PN)

Denver, Colorado - Gates Corp. said it plans to close its hose manufacturing plant in Charleston, Mo., “in response to the continued challenging economic climate and ongoing pressures to remain competitive,” according to a company statement.

The factory employs about 125 and makes hydraulic hoses for use in tractors and airplanes. “This is a very difficult decision for any company to make, especially because of the impact on our work force,” said Scott Day, Gates vice president of manufacturing.

Gates did not give a timetable on when the facility will shut down.

From Rubber & Plastics News (A Crain publication)