Regal Rexnord Corp (RRC), formerly Regal Beloit Corp (RBC) is a producer of electronic products. The product portfolio of the company includes blowers, bearings, AC drives, and controls, electric motors, electronic components, switch gears and control, power transmission products, couplings, generators, and mechanical drives. These products are marketed under brands including Fasco, Jaure, Leeson, Century, Rollway, Morse, and Grove Gear. RRC serves various industries including aerospace and defense, agriculture, automotive, power generation, beverages, packaging machinery, waste and wastewater, oil and gas, and marine and primary metals. The company operates in Asia, Africa, North America, and Europe. RRC is headquartered in Beloit, Wisconsin, the US.
Headquarters
United States of America
Address
111 West Michigan Street, Milwaukee, Wisconsin, 53203-2903
Website
www.regalrexnord.com
Telephone
1 608 3648800
No of Employees
26,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
RRX (NYSE)
Revenue (2023)
$6.3B
19.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-111.7%
(2023 vs 2022)
Market Cap*
$10.9B
Net Profit Margin (2023)
XYZ
-109.8%
(2023 vs 2022)
* As of and is in US$
Regal Rexnord Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Motors | Reliability Services and Condition Monitoring | Browning |
| AC Drives and Controls | Custom Conveyor Design | Cemp |
| Bearings | Installation, Repair and Rebuild Services | Century |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company partnered with Nanmu Equipment Technology and Shandong Foreway to bring more innovation and value to the agriculture and animal husbandry industry. |
| 2023 | Divestiture | In September, the company sold its industrial electric motor and generator business to WEG. |
| 2023 | Acquisitions/Mergers/Takeovers | In March, the company acquired Altra Industrial Motion Corp. |
Competitor Comparison
| Key Parameters | Regal Rexnord Corp | Siemens AG | Panasonic Holdings Corp | Cummins Inc | ABB Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | Japan | United States of America | Switzerland |
| City | Milwaukee | Muenchen | Kadoma-Shi | Columbus | Zuerich |
| State/Province | Wisconsin | Bayern | Osaka | Indiana | - |
| No. of Employees | 26,000 | 321,000 | 233,391 | 75,500 | 106,170 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rakesh Sachdev | Chairman | Executive Board | 2007 | 67 |
| Louis V Pinkham | Director; Chief Executive Officer | Executive Board | 2019 | 51 |
| Robert J Rehard | Vice President; Chief Financial Officer | Senior Management | 2018 | 54 |
| Alexander P. Scarpelli | Vice President - Corporate Controller; Chief Accounting Officer | Senior Management | 2022 | - |
| John M Avampato | Chief Information Officer; Vice President | Senior Management | 2010 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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