|Exchange:||New York Stock Exchange|
|Regal Beloit Corporation was incorporated in Wisconsin. The Company is a manufacturer of electric motors and controls, electric generators and controls, and mechanical motion control products. It has two reporting segments: Electrical and Mechanical. Its electrical segment designs, manufactures and sells mainly: horsepower AC and DC motors for commercial and industrial applications; fractional, integral and large horsepower motors used in a variety of pump, fans, compressor and electrical machinery applications; fractional motors and blowers used in gas fired water heaters and hydronic heating systems; custom electronic drives used in paper processing, steel processing, automotive test stands, oil and gas applications, and a variety of other industrial applications; capacitors for use in HVAC systems, high intensity lighting and other applications; AC and DC variable speed drives and controllers and other accessories for a variety of commercial and industrial applications; and automatic transfer switches and paralleling switchgear to interconnect and control electric power generation equipment. In fiscal 2012, the company launched 61 new products, 45 in the Electrical segment and 16 in the Mechanical segment. Mechanical segment manufactures and markets a broad array of mechanical motion control products including: standard and custom worm gearboxes, bevel gearboxes, helical gearboxes and concentric shaft gearboxes; open gearing; marine transmissions; manual valve actuators; and electrical connecting devices. The Company sells its products directly to OEMs, distributors and end-users. It operates large distribution facilities in Indianapolis, Indiana and LaVergne, Tennessee which serve as hubs for its North American distribution and logistics operations. Products are shipped from these facilities to its customers utilizing fleet of trucks and trailers as well as common carriers. It competes with a growing number of domestic and international competitors due in part to the nature of the products it manufactures and the variety of applications and customers it serves. The Company owns a number of United States patents and foreign patents relating to its businesses.|
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.