Regal completes merger with Rexnord PMC, creating the Regal Rexnord Corporation
In October 2021, Regal Beloit Corporation completed the merger with Rexnord Process and Motion Control (PMC) to officially become Regal Rexnord Corporation. This merger combines two strong companies to become a leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motors and systems. The new company will be comprised of four distinct business segments: Motion Control Solutions, Climate Solutions, Commercial Systems and Industrial Systems.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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