Regal Rexnord Corporation engages in providing sustainable solutions that power, transmit and control motion.
The company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The company's automation offering, comprises controllers, drives, precision motors, and actuators, controls motion in applications ranging from factory auto...
Regal Rexnord Corporation engages in providing sustainable solutions that power, transmit and control motion.
The company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The company's automation offering, comprises controllers, drives, precision motors, and actuators, controls motion in applications ranging from factory automation to precision tools used in surgical applications. The company has manufacturing, sales, and service facilities worldwide.
Segments
The company operates through three segments: Industrial Powertrain Solutions (IPS), Power Efficiency Solutions (PES), and Automation & Motion Control (AMC).
The IPS segment designs, produces and services a broad portfolio of highly engineered transmission products, including mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes and gear motors, clutches, brakes, and industrial powertrain components and solutions. Increasingly, the segment produces industrial powertrain solutions, which are integrated sub-systems comprises Regal Rexnord motors plus the critical power transmission components that efficiently transmit motion to power industrial applications. The segment serves a broad range of markets that include metals, and mining, general industrial, energy, alternative energy, machinery / off-highway, discrete automation, and other markets.
The PES segment designs and produces fractional to approximately 5 horsepower AC and DC motors, electronic variable speed controls, electronic drives, fans and blowers, as well as integrated subsystems comprises two or more of these components. The segment's products are used in residential and commercial HVAC, water heaters, commercial refrigeration, commercial building ventilation, pool and spa, irrigation, dewatering, agricultural, conveying, and other applications.
The AMC segment designs, produces, and services conveyor products, conveying automation subsystems, aerospace components, precision motion control solutions, high-efficiency miniature servo motors, controls, drives and linear actuators, as well as power management products that include automatic transfer switches, and paralleling switchgear. The segment sells into markets that include industrial automation, robotics, food, and beverage, aerospace, medical, agricultural, and construction, general industrial, data center, and other markets.
Strategy
The company seeks to create value for its key stakeholders its customers, its shareholders and its associates – by accelerating profitable growth.
The primary aspects of the company's strategy include leveraging its 80/20 initiatives to accelerate profitable growth; deploying the Regal Rexnord Business System (‘RBS’); raising the company’s exposure to markets with secular growth tailwinds; maintaining a strong portfolio of highly-engineered products and trusted, long-standing brands; leveraging Regal Rexnord’s unrivaled scale and scope to enable unique customer value-propositions; providing a broader offering of increasingly robust solutions; utilizing its flexible global manufacturing presence; improving business durability; realizing synergies from its M&A transactions; and conducting ongoing portfolio assessments.
Divestitures
On September 23, 2023, the company signed an agreement to sell its industrial motors and generators businesses which represented the substantial majority of the Industrial Systems operating segment. The transaction closed on April 30, 2024.
Sales, Marketing and Distribution
The company sells its products directly to OEMs, distributors and end-users. The company has multiple divisions that promote its brands across their respective sales organizations. These sales organizations consist of varying combinations of its own internal direct salespeople, as well as exclusive and non-exclusive manufacturers' representative organizations.
The company operates large distribution facilities in Plainfield, Indiana; El Paso and McAllen, Texas; LaVergne, Tennessee; Florence, Kentucky; and Monterrey and Chihuahua, Mexico which serve as hubs for its North American distribution and logistics operations. Products are shipped from these facilities to its customers utilizing common carriers. The company also operates or partners with numerous warehouse and distribution facilities in its global markets to service the needs of its customers. In addition, the company has selected manufacturer representatives' warehouses located in specific geographic areas to serve local customers.
The company derives a significant portion of revenue from its OEM customers. Certain portions of its sales are to key OEM customers which makes its relationship with each of these customers important to its business. The company has long standing relationships with these customers.
Patents, Trademarks and Licenses
The company owns a number of U.S. patents and foreign patents relating to its businesses.
Facilities
The company has manufacturing, sales and service facilities in the U.S., Mexico, China, Europe, India, and Australia, as well as a number of other locations throughout the world.
Manufacturing and Operations
The company has developed and acquired global operations in locations such as Mexico, China, India and Europe so that it can sell its products in these markets, follow its multinational customers, take advantage of global talent and complement its flexible, rapid response operations in the U.S. and Canada. The company’s vertically integrated manufacturing operations, including its own aluminum die casting and steel stamping operations, are an important element of its rapid response capabilities. In addition, the company has an extensive internal logistics operation and a network of distribution facilities with the capability to modify stock products to quickly meet specific customer requirements. This gives the company the ability to efficiently, and promptly deliver a customer's unique product to the desired location.
History
Regal Rexnord Corporation, formerly known as Regal Beloit Corporation, was founded in 1955.