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Latest Beloit, Wisconsin Stories

2011-06-10 15:56:00

BELOIT, Wis., June 10, 2011 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) today announced that the Company has acquired the Australian Fan and Motor Company (AFMC) headquartered in Melbourne, Australia. AFMC manufactures and distributes a wide range of direct drive blowers, fan decks, axial fans and sub fractional motors for sales in Australia and New Zealand. For the remainder of 2011, the business is expected to add approximately $6.0 million to sales. According to Mark J....

2011-06-09 09:15:00

BELOIT, Wis., June 9, 2011 /PRNewswire/ -- For the fifth consecutive year, ABC Supply Co. Inc. has been honored with the Gallup Great Workplace Award, which recognizes the best-performing workforces worldwide. The company is one of only 29 in the world to receive the 2011 award. ABC Supply also is one of only four five-time winners, having received the award every year since its inception. Familiar names among this year's winners include Fifth Third Bank, Alexian Brothers Health System,...

2011-06-06 16:30:00

BELOIT, Wis., June 6, 2011 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) will be presenting at the Deutsche Bank 2011 Global Industrial and Basic Materials Conference in Chicago on June 14, 2011 at 10:40am CDT. The presentation will be web-cast and can be accessed at: http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=RBC&item_id=4065446 An archive of the audio web-cast will be available for 90 days following the presentation at the link referenced above or on the...

2011-05-04 16:00:00

BELOIT, Wis., May 4, 2011 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) will be presenting at the Wells Fargo 2011 Industrial and Construction Conference in New York, on May 10, 2011 at 1:30pm ET. The presentation will be web-cast and can be accessed at:http://cc.talkpoint.com/well001/051011a_cy/?entity=34_OKWNE53. An archive of the audio web-cast will be available for 90 days following the presentation at the link referenced above or on the Company's investor relations home page...

2011-05-02 17:33:00

BELOIT, Wis., May 2, 2011 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) today reported financial results for the first quarter ended April 2, 2011. Net sales of $662.7 million increased 30.6% compared to $507.3 million for the first quarter of 2010. Diluted earnings per share were $0.99 compared to $0.98 for the first quarter of 2010. "In line with our guidance, sales across all business units improved over the first quarter 2010," commented Mr. Mark Gliebe, Chief Executive...

2011-05-02 09:17:00

BELOIT, Wis., May 2, 2011 /PRNewswire/ -- Henry W. Knueppel, Chairman and Chief Executive Officer of REGAL BELOIT CORPORATION (NYSE: RBC), announced that the Board of Directors, at their regular quarterly meeting held on May 2, 2011, declared a dividend of $.18 per share payable on July 15, 2011, to shareholders of record at the close of business on July 1, 2011. The dividend represents the 204th consecutive dividend declared by the Company. Regal Beloit Corporation is a leading...

2011-04-20 16:05:00

BELOIT, Wis., April 20, 2011 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) announced today that it plans to release its first quarter 2011 financial results after the market closes on Monday, May 2, 2011. At 9:00 AM CDT (10:00 AM EDT) on Tuesday, May 3, 2011, the Company will hold a conference call to discuss the earnings release. To listen to the call and view the presentation slides via the internet, please go to http://www.regalbeloit.com/ or at:...

2011-04-05 08:07:00

BELOIT, Wis., April 5, 2011 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) today announced that it has acquired Ramu, Inc., a motor and control technology company headquartered in Blacksburg, Virginia, backed by the venture capital firm Khosla Ventures. Ramu, Inc. is a start-up company founded by Krishnan Ramu with a research and development team dedicated to the development of switched reluctance motor technology. Switched reluctance technology is a unique motor design that is...

2011-02-04 15:45:00

MILWAUKEE, Feb. 4, 2011 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) and Regal Beloit Corporation (NYSE: RBC) announced today they have each received a request for additional information and documentary material from the U. S. Department of Justice regarding the sale of A. O. Smith Electrical Products Company to Regal Beloit. The request will extend the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 as amended until 30 days after both companies have...

2011-02-04 15:45:00

BELOIT, Wis., Feb. 4, 2011 /PRNewswire/ --Regal Beloit Corporation (NYSE: RBC) and A. O. Smith Corporation (NYSE: AOS) announced today they each have received a request for additional information and documentary material, commonly referred to as a "second request," from the United States Department of Justice regarding the sale of A. O. Smith's Electrical Products Company to Regal Beloit. The requests are part of the regulatory process under the Hart-Scott-Rodino Antitrust Improvements Act...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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