Regal Rexnord Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Aamir Paul
- Full Time Employees
- 28,950
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- 111 West Michigan Street Milwaukee WI United States of America 53203
- IPO Date
- Mar 17, 1980
- CIK
- 0000082811
- Website
- regalrexnord.com
- Similar Companies
- Business
- Regal Rexnord Corporation manufactures electric motors, power transmission components, and motion control solutions for industrial, commercial, and residential applications worldwide. The company operates through three primary segments: Industrial Powertrain Solutions, offering mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, and brakes; Power Efficiency Solutions, providing fractional to five horsepower AC and DC motors, electronic variable speed controls, electronic drives, fans, blowers, and integrated subsystems; and Automation & Motion Control, delivering conveyor products, conveying automation subsystems, actuators, precision motors, controls, drives, and aerospace components. Founded in 1955 as Beloit Tool Corporation and headquartered in Milwaukee, Wisconsin, Regal Rexnord maintains manufacturing, sales, and service facilities across the United States, Canada, Mexico, Europe, and Asia, serving sectors including metals, mining, energy, HVAC, factory automation, medical, aerospace, and alternative energy. Recent strategic changes include the 2023 completion of its $1.9 billion acquisition of Altra Industrial Motion Corp., enhancing automation and power transmission portfolios with projected $160 million in annualized cost synergies by year four; the 2021 merger with Rexnord's Process & Motion Control business; and the 2024 sale of its Industrial Motors and Generators businesses, comprising most of the former Industrial Systems segment, to evolve its business purpose toward diversified growth in powertrain, efficiency, and motion control solutions. In 2023, the company relocated its corporate address to Milwaukee from Beloit, Wisconsin, reflecting its expanded presence in southeastern Wisconsin.
Company News
Regal Rexnord Corporation $RRX Stock Acquired by Perpetual Ltd
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