Regal Enhances Its Industrial Powertrain Capabilities

Rhea-AI Summary

Regal Beloit Corporation, a leader in electric motors and power transmission products, announced enhancements to its industrial powertrain capabilities. This includes a comprehensive range of components designed for energy efficiency and optimized performance in various industrial applications. The company is on track to complete a merger with Rexnord's Process & Motion Control business in Q4, which aims to boost capabilities in higher-torque applications and expand its presence in growth markets like renewable energy and e-commerce. Regal's powertrains are critical in sectors such as mining and materials handling.

Positive

• Enhanced industrial powertrain capabilities aimed at maximizing uptime and reducing energy consumption.
• Merger with Rexnord's business expected to enhance capabilities in higher-torque applications and growth markets.
• Broad range of components optimized for energy efficiency across various industrial sectors.

Negative

• None.

BELOIT, Wis., June 29, 2021 /PRNewswire/ -- Regal Beloit Corporation, a global leader in the engineering and manufacturing of high-efficiency electric motors and power transmission products, is continuing to enhance its industrial powertrain capabilities. Regal, with its leading power transmission and motors offering, and deep domain expertise in a range of industrial end markets, combined with enhanced component integration and optimization capabilities, is now even better positioned to maximize uptime and reduce energy consumption in customers' powertrain applications, whether for new builds or existing installations.

Regal is even better positioned to maximize uptime and reduce energy consumption in customers' powertrain applications.

The Regal^® electromechanical powertrain offering encompasses a broad range of Regal-produced components (e.g., motors, speed reducers, gearing, couplings, bearings, belt drives and more) that can be integrated to create complete end-to-end solutions, customized to meet specific application requirements, and optimized to maximize energy efficiency and productivity. In addition to helping customers design, assemble and commission their powertrains, Regal can monitor a solution's ongoing performance through its cloud-based Perceptiv™ internet of things (IoT) platform. Data collected and analyzed via Perceptiv can support a wide range of diagnostic and prognostic activities, enabling customers to sustain high performance from their assets.

"At Regal, we create a better tomorrow and endless potential for our customers by energy-efficiently converting power into motion," said Louis Pinkham, Regal's Chief Executive Officer. "We optimize our engineered mechanical power transmission components and motors to work better together, more efficiently and effectively. The ongoing asset monitoring we offer across the powertrain with Perceptiv intelligence helps to maximize uptime and prevent costly outages, while simplifying the maintenance, repair and operations experience for our customers."

Pinkham continued, "Earlier this year, Regal announced a transformational merger with Rexnord's Process & Motion Control business, which is on track to close in the fourth quarter. The merger is expected to further enhance our capabilities across the industrial powertrain, especially in higher-torque applications, where Rexnord is strong, while deepening our presence in attractive high-growth end markets such as renewable energy, aerospace and e-commerce, and in a broader set of geographies."

Currently, Regal's electromechanical powertrains are used within industries such as bulk and unit material handling, metals, pulp and paper, mining, and other critical industrial applications.

For more information on the Regal powertrain and other Regal products, visit https://www.regalbeloit.com/products/powertrain.

About the Company
Regal Beloit Corporation (NYSE: RBC) is a global leader in the engineering and manufacturing of electric motors and controls, power generation products and power transmission components, serving customers throughout the world. We create a better tomorrow by developing and responsibly producing energy-efficient products and systems.

Our company is comprised of four operating segments: Commercial Systems, Industrial Systems, Climate Solutions and Power Transmission Solutions. Regal is headquartered in Beloit, Wisconsin, and has manufacturing, sales and service facilities worldwide. For more information, visit RegalBeloit.com.

Release No. MCWR21012E

 

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SOURCE Regal Beloit

FAQ

What recent enhancements did Regal Beloit Corporation announce?

Regal announced improvements to its industrial powertrain capabilities, focusing on energy efficiency and performance optimization.

What is the significance of the merger with Rexnord for Regal?

The merger is expected to enhance Regal's industrial powertrain capabilities, particularly in higher-torque applications and high-growth markets.

Which sectors utilize Regal's electromechanical powertrains?

Regal's powertrains are used in industries such as bulk handling, mining, metals, and pulp and paper.

What role does the Perceptiv IoT platform play in Regal's offerings?

The Perceptiv platform allows for ongoing performance monitoring of powertrain solutions, aiding in diagnostics and performance optimization.

When is the merger with Rexnord expected to close?

The merger is on track to close in the fourth quarter of the year.