Latest BELOIT Stories

BELOIT, Wis., May 20, 2013 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC) will be presenting at the KeyBanc Capital Markets' Industrial, Automotive and Transportation Conference on May 29, 2013 at 9:00 am EDT. The presentation will be webcast and can be accessed at: http://wsw.com/webcast/key3/rbc/. An archive of the audio webcast will be available for 90 days following the presentation at the link referenced above or on the Company's investor relations home page at:...

New Toyota shoppers turn to Hesser Toyota for a "No Games. No Gimmicks. No Kidding." experience. BELOIT, Wis., May 20, 2013 /PRNewswire-iReach/ -- Drivers searching for the best new Toyota in Beloit WI are turning to the leading Toyota dealer in the Janesville area, Hesser Toyota. The dealership has been serving the Beloit area with some of the most unique and trusted vehicles on the market for years. Honored to serve drivers from across the the state of Wisconsin, the Toyota dealer...

Company is One of Three Worldwide to Receive Award Every Year Since its Inception BELOIT, Wis., May 14, 2013 /PRNewswire/ -- For the seventh consecutive year, building products distributor ABC Supply Co. Inc. has been honored with the Gallup Great Workplace Award, which recognizes the best-performing workforces in the world. The company is one of only 32 worldwide to receive the 2013 award and one of only three to have received the award every year since its inception. "We want to...

BELOIT, Wis., April 16, 2013 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) announced today that it plans to release its first quarter 2013 financial results after the market closes on Tuesday, April 30, 2013. Regal will hold a conference call to discuss the earnings release at 9:00 AM CDT (10:00 AM EDT) on Wednesday, May 1, 2013. Individuals who would like to participate by phone should dial 800-860-2442, referencing Regal. International callers should dial 412-858-4600,...

Acquisition Expands Company's Presence in Key Michigan Markets BELOIT, Wis., March 26, 2013 /PRNewswire/ -- ABC Supply Co., Inc. has acquired substantially all of the assets of Lee Wholesale Supply Inc., a distributor specializing in steep-slope roofing, siding and windows with four locations in the Michigan communities of Livonia, Macomb, New Hudson and Port Huron. "We are actively looking for acquisitions that will allow us to continue growing and make us an even stronger...

BELOIT, Wis., Feb. 8, 2013 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) today announced it has completed the acquisition of the RAM motor business previously owned by Schneider Electric. This business manufactures hermetic motors from 250 hp to 2,500 hp for commercial HVAC applications. For fiscal 2013, the Ram acquisition is expected to deliver up to $20 million of net revenue with earnings offset by purchase accounting adjustment costs. In 2014, the business is...

BELOIT, Wis., Jan. 11, 2013 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) announced today that it plans to release its fourth quarter 2012 financial results after the market closes on Monday, February 4, 2013. At 9:00 AM CST (10:00 AM EST) on Tuesday, February 5, 2013, Regal 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:...

BELOIT, Wis., Dec. 18, 2012 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) announced today that it has completed its previously announced public offering of common stock at a price of $67.00 per share to the public. Regal Beloit also announced that the underwriters in the offering have exercised their option to purchase additional shares to cover over-allotments, resulting in a total sale to the public of 3,162,500 shares of common stock. Regal Beloit expects to...

BELOIT, Wis., Dec. 13, 2012 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC) announced today that it priced a public offering of 2,750,000 shares of common stock at a price of $67.00 per share to the public. Regal Beloit has granted the underwriters in the offering an option to purchase up to 412,500 additional shares of common stock at the same price per share to cover any over-allotments. The public offering of the shares is expected to close on December 18, 2012. Assuming no...

BELOIT, Wis., Dec. 12, 2012 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC) announced today that it has commenced a public offering of 2,750,000 shares of common stock. Regal Beloit will grant the underwriters in the offering an option to purchase up to 412,500 additional shares to cover any over-allotments. Regal Beloit expects to use the net proceeds from the offering for general corporate and working capital purposes, including the potential funding of future acquisitions....