Last $67.89 USD
Change Today -0.94 / -1.37%
Volume 465.6K
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Company Description

Contact Info

200 State Street

Beloit, WI 53511

United States

Phone: 608-364-8800

Fax:

Regal Beloit Corporation manufactures electric motors and controls, electric generators and controls, and mechanical motion control products. Segments The company has two segments, Electrical and Mechanical. Electrical This segment designs, manufactures, and sells primarily integral horsepower AC and DC motors for commercial and industrial applications; fractional and integral horsepower motors used in various pump, fans, compressor, and electrical machinery applications; fractional and integral horsepower motors, electronic variable speed controls and blowers used in commercial and residential heating, ventilation, air conditioning (HVAC) and commercial refrigeration products, including furnaces, air conditioners, and refrigeration equipment; fractional motors and blowers used in gas fired water heaters and hydronic heating systems; hermetic motors used in residential air conditioning and commercial air conditioning and refrigeration systems; hazardous duty motors for oil, gas and marine applications; custom electronic drives used in paper processing, steel processing, automotive test stands, oil and gas applications, and various other industrial applications; oil and gas artificial lift system pumping equipment used in well applications; capacitors for use in HVAC systems, high intensity lighting, and other applications; electric generators and controls ranging in size from approximately five kilowatts through four megawatts used in systems to generate backup or primary power; 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. The company provides an offering of stock models of electric motors in addition to the motors that the company produces to specific customer specifications. These products range in size from sub-fractional and fractional to small integral horsepower motors to larger commercial and industrial motors approximately 6,500 horsepower. The company’s HVAC electric motors and blowers are components of an HVAC system and are used to move air into and away from furnaces, heat pumps, air conditioners, ventilators, fan filter boxes, water heaters, and humidifiers. The company’s power generation business includes electric generators and power generation components and controls. Its generators are used in commercial, industrial, agricultural, marine, military, transportation, construction, data centers, and other applications. During 2013, the company acquired Cemp s.r.l. (Cemp), an Italy based electric motor company, which is a designer, manufacturer and marketer of flameproof electric motors; and the RAM motor business previously owned by Schneider Electric, which manufactures hermetic motors from 250 hp to 2,500 hp for commercial HVAC applications. Mechanical This segment manufactures and markets a range of mechanical motion control products, including standard and custom worm gearboxes, bevel gearboxes, helical gearboxes, and concentric shaft gearboxes; open gearing; marine transmissions; custom gearing; gear motors; manual valve actuators; and electrical connecting devices. The company’s gear and transmission related products primarily control motion by transmitting power from a source, such as an electric motor, to an end use, such as a conveyor belt, usually reducing speed and increasing torque in the process. Its valve actuators are used primarily in oil and gas, water distribution and treatment, and chemical processing applications. Mechanical products are sold to original equipment manufacturers, distributors, and end users across various industries. Research and Development In 2013, the company’s research and development expenses included $28.3 million. Competition Electrical segment: The company’s foreign competitors for electrical products include Broad-Ocean Motor Co.; Welling Holding Limited; Kirloskar Brothers Limited; ebm-papst Mulfingen GmbH & Co. KG; Crompton Greaves Limited; Lafert, ABB Ltd.; Johnson Electric Holdings Limited; Siemens AG; Toshiba Corporation; Panasonic Corporation; Leroy-Somer (a subsidiary of Emerson Electric Company); Tech-top, Weg S.A.; Hyundai; and TECO Electric & Machinery Co., Ltd. Its major domestic competitors for electrical products include Baldor Electric (a subsidiary of ABB Ltd.); U.S. Motors (a division of Nidec Corporation); SNTech, Inc.; General Electric company; Bluffton Motor Works; McMillan Electric company; and Newage (a division of Cummins, Inc). Mechanical segment: The company’s major domestic competitors include Boston Gear (a division of Altra Industrial Motion, Inc.); Dodge (a subsidiary of ABB Ltd.); Emerson Power Transmission (a division of Emerson Electric Company); and Winsmith (a division of Peerless-Winsmith, Inc.). Its major foreign competitors include SEW Eurodrive GmbH & Co., Nord, Motovario and Sumitomo Corporation. History Regal Beloit Corporation was founded in 1955.

 

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