Regal-Beloit

Regal-Beloit

Infobox Company
company_name = Regal Beloit Corporation
company_
company_type = Public (NYSE|RBC)
foundation = 1955
location = Beloit, Wisconsin, USA
key_people = Henry Knueppel, Chairman & CEO
industry = Electric Motors & Controls, Tools
products = Electric HVAC Motors
Electrical generators
AC Motors
DC Motors
Capacitors
Electrical Connecting Devices
Gears
Gear Boxes
Marine Transmissions
Cutting Tools
Automotive Transmissions
Automotive Ring and Pinions
revenue = profit$1,428.7 million USD (2005)
operating_income =
net_income =
num_employees = ~13,000
parent =
subsid = GE Commercial Motors
Marathon Electric
LEESON
Thomson Technology
Durst
Lincoln Motors
Mastergear
homepage = [http://www.regal-beloit.com/ www.regal-beloit.com]
footnotes =

Regal Beloit Corporation (sometimes Regal-Beloit), headquartered in Beloit, Wisconsin, is one of the largest manufacturers of electric motors in the world. Its GE ECM brand brushless DC electric motors are found in almost all variable-speed residential HVAC equipment in the United States today, and its GE Commercial Motors, Leeson, and Marathon motor brands are used throughout the industrial sector.

The company has manufacturing, sales, and service facilities throughout the United States, Canada, Mexico, Europe and Asia employing over 13,000 people. As of 2007, the company is ranked 979th on the Fortune 1000, and is the 24th largest corporation in Wisconsin. [ [http://money.cnn.com/magazines/fortune/fortune500/2007/snapshots/4174.html Fortune 1000 snapshot] ]

History

The company was founded in 1955 as Beloit Tool Corporation, and began operations in a converted roller rink. In 1961, it moved to facilities in South Beloit, Illinois, and changed its name to Regal Beloit in 1969. In the 1980s the company expanded its product line by a series of acquisitions of smaller companies, and in 1991 its headquarters were moved to downtown Beloit. In 2004, two acquisitions from General Electric effectively doubled the size of the company.

In July 2007, Regal Beloit acquired the Fasco electrical components business of Tecumseh Products for $220 million in cash. [http://www.jsonline.com/story/index.aspx?id=628463]

References

External links

* [http://www.regal-beloit.com/ Official site] .


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