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Regal Beloit Corp. reports 10% drop in quarterly p...
2014-11-05 00:03:15| Electronics - Topix.net
The Regal-Beloit Corporation reports a 10 percent drop in its profits, after selling an underperforming joint venture in China. The Beloit-based industrial equipment maker also cited restructuring charges for a net income of $47.5 million from July through September.
Garage and Harley destroyed in Town of Beloit fire
2014-08-27 10:11:13| Automakers - Topix.net
Town of Beloit firefighters and mutual aid from the Town of Turtle Fire Department, were called to Dewey Avenue shortly after 10:00 Tuesday morning.
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Regal Beloit Declares Dividend
2013-07-26 06:00:00| Industrial Newsroom - All News for Today
(Beloit, WI): Mark J. Gliebe, Chairman and Chief Executive Officer of Regal Beloit Corporation (NYSE:RBC), announced that the Board of Directors, at its regular quarterly meeting held on July 26, 2013, declared a dividend of $.20 per share. The dividend is payable on October 11, 2013, to shareholders of record at the close of business on September 27, 2013. This represents the 213th consecutive dividend declared by the Company.<br /> <br /> Regal Beloit Corporation is a leading manufacturer of ...
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Jane Warner Joins Regal Beloit Board of Directors
2013-07-23 06:00:00| Industrial Newsroom - All News for Today
(Beloit, WI): Regal Beloit Corporation (NYSE:RBC) announced today that Ms. Jane Warner has joined the Company’s Board of Directors as a Class “C” Director with her initial term continuing until the 2014 annual shareholders meeting. Additionally, the Company announced an increase in the size of the board from nine to ten directors.<br /> <br /> Ms. Warner is recently retired from Illinois Tool Works as the Executive Vice President, Decorative Surfaces and Finishing Systems. ...
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330 Springfield workers will lose their jobs at Regal Beloit
2013-07-10 01:49:24| Electronics - Topix.net
Regal Beloit Corporation says it will close its manufacturing plant in Springfield, putting about 330 people out of their jobs by the end of 2014.
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