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Slide #79. Regal Beloit Corporation — Cemp, s.r.l.
Regal Beloit Corporation (RBC)
Regal Beloit Corporation (NYSE: RBC) today announced it has closed on the acquisition of Cemp, s.r.l., a European manufacturer of hazardous duty motors primarily for oil and gas and marine applications.
Regal Beloit is a manufacturer of electric motors, electrical motion controls, power generation and power transmission products. Co. is comprised of four operating segments: Commercial Systems, which produces AC and DC motors, electronic variable speed controls, fans, and blowers for commercial applications; Industrial Systems, which produces motors, generators, alternators and switchgear for industrial applications, along with aftermarket parts and kits to support such products; Climate Solutions, which produces small motors, electronic variable speed controls and air moving solutions; and Power Transmission Solutions, which produces, sells and services belt and chain drives.
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Strong Buy (3.67 out of 4)