Gates Industrial Corporation plc (GTES) Pursues Growth in Data Centers with New Liquid-Cooling Solution

Gates Industrial Corporation PLC (NYSE:GTES) is one of the best breakout stocks to invest in. On November 14, Wells Fargo initiated coverage on Gates Industrial Corporation PLC (NYSE:GTES) with a Hold rating and a price target of $23.00. Meanwhile, on November 13, JPMorgan touted Gates Industrial as one of the companies poised to benefit from the growing demand for AI and data center infrastructure.

Earlier, on November 11, Gates Industrial Corporation PLC announced the launch of Data Master Eco, designed to enhance its data center portfolio. The halogen-free liquid cooling solution is specifically designed for hyperscale data centers and high-performance computing environments. Its edge stems from its ability to reduce manufacturing energy use by 75% by eliminating the need for natural gas, water, and steam in the curing process. It also reduces embodied emissions while simplifying recycling at the source, enhancing production efficiency.

The next-generation liquid cooling solution is poised to strengthen the company’s ability to supply direct-to-chip cooling hardware within its data center solution ecosystem. Data Master Eco also affirms that Gates Industrial’s edge and expertise are addressing challenges in modern computing.

“The Data Master Eco and our broader Data Center Solutions portfolio underscore our strategy to lead in high-value, high-growth markets,” said Ivo Jurek, chief executive officer of Gates. “As AI-enabled data centers scale to meet the market demand, and the need for advanced thermal-management solutions becomes essential, we’re focused of delivering application specific, high-performing liquid-cooling technologies that will define the next generation of global infrastructure.”

Gates Industrial Corporation plc (NYSE:GTES) manufactures and sells highly engineered power transmission and fluid power solutions for a wide range of industrial and consumer markets. These products include belts, hoses, and other components that perform critical functions in applications from automotive and energy to home appliances and heavy machinery.

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Disclosure: None. This article is originally published at Insider Monkey.