BELOIT, Wis. — Regal Beloit Corporation, a global player in the engineering and manufacturing of electric motors and controls, power generation products and power transmission components, today announced it has completed the merger with Rexnord Process and Motion Control (PMC) to become Regal Rexnord Corporation (NYSE: RRX).
The new company will be comprised of four distinct business segments: Motion Control Solutions, Climate Solutions, Commercial Systems and Industrial Systems.
Combining these two companies creates an expanded range of products to serve customers across the entire industrial powertrain. This new portfolio includes highly regarded brands from both Regal and Rexnord PMC, including Regal’s Browning, Grove Gear, Hub City, Jaure, Kop-Flex, McGill, ModSort, Sealmaster and System Plast brands, as well as PMC’s Berg, Cambridge, Centa, Falk, Rexnord and Stearns brands, among others.
Louis Pinkham, CEO of Regal Rexnord, commented “For over 125 years, Regal has consistently provided our customers with reliable, high quality powertrain products and solutions. Now, with the addition of Rexnord PMC, we are taking a tremendous positive step forward in Regal’s ongoing transformation, positioning the new Regal Rexnord company to create significant value for all our customers. We will provide more robust industrial powertrain solutions — comprised of our motors and critical power transmission components — to enable a range of efficiency and productivity gains for our customers. By providing more energy-efficient solutions, developed with greater intention, especially when it comes to leveraging voice of the customer, Regal Rexnord is also now in a better position to fulfill our business purpose: creating a better tomorrow by energy-efficiently converting power into motion.”
To learn more about the Regal Rexnord merger, visit www.regalrexnord.com/regal-rexnord-integration.