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Regal Beloit Corporation

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uuid003q8qi

Namestring
Regal Beloit Corporation
Legal namestring
Regal Rexnord Corporation
Websiteurl
regalbeloit.com
Company typeenum
Public
Founded yearint
2021
Descriptiontext

Regal Rexnord Corporation (NYSE: RRX) is a global industrial manufacturer of engineered powertrain and motion control solutions, formed in October 2021 through the merger of Regal Beloit Corporation and Rexnord Corporation. The company designs, manufactures, and markets a broad portfolio spanning electric motors, bearings, couplings, gearboxes, clutches and brakes, conveyor technologies, AC/DC drives and controls, industrial chain, linear and miniature motion, fans and blowers, switchgear, and predictive maintenance sensors. It operates through more than 20 retained legacy brands, including Browning, Cambridge, CENTA, Century, Falk, FASCO, Genteq, Kollmorgen, LEESON, McGill, Nicotra Gebhardt, Portescap, Rexnord, Sealmaster, Stromag, Svendborg Brakes, Thomson, and Warner Electric, with a stated workforce of 30,000+ employees across 6 continents. Its core technology rests on the Industrial Powertrain Solutions platform, which integrates discrete components into engineered end-to-end systems, complemented by the Perceptiv wireless sensor brand for data-driven monitoring.

The company generates revenue primarily through B2B hardware sales to industrial OEMs and end users across 40+ industries, with primary exposure to data centers, commercial and residential HVAC, solar and wind power generation, and medical/healthcare, and secondary exposure to aerospace, mining, oil and gas, food and beverage, and other industrial verticals. Pricing is quote-based and customized for enterprise customers, and the company goes to market through a combination of direct enterprise field sales, an authorized global channel partner and distributor network, and a Where to Buy online storefront. Revenue diversification spans more than a dozen product categories and dozens of served end markets, with a stated commitment to sustainability including Net Zero environmental goals. The company is publicly listed and maintains a dedicated investor relations function.

Short descriptiontext

Regal Rexnord Corporation is a global industrial manufacturer of engineered powertrain and motion control solutions, selling motors, bearings, couplings, gearing, drives, conveyor technologies, and predictive maintenance sensors through 20+ brands to OEMs and end users across 40+ industries.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersNot specified, United States
HQ citystring
Not specified
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industrial powertrain solutions, electric motors manufacturing, power transmission components, industrial motion control, mechanical power transmission
Industry2 codes
1Pump & Compressor Packages (Skids, Booster Sets)
CodeIMAHANAGPrimaryYes
2Positive Displacement Pumps
CodeIMAHANABPrimaryNo
NAICS code5 codes
  • Engine, Turbine, and Power Transmission Equipment Manufacturing3336
  • Mechanical Power Transmission Equipment Manufacturing333613
  • Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing333612
  • Relay and Industrial Control Manufacturing335314
  • Power, Distribution, and Specialty Transformer Manufacturing335311
SIC code5 codes
  • Motors & Generators3621
  • Industrial & Commercial Fans & Blowers & Air Purifing Equip3564
  • Special Industry Machinery, Nec3559
  • Aircraft Parts & Auxiliary Equipment, Nec3728
  • Engines & Turbines3510
Product category
Industrial Powertrain and Motion Control
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Industrial Powertrain Products
TypeHardware Sales
Description

Sale of engineered motion control and power transmission products including electric motors, bearings, couplings, gears, conveyors, and automation solutions to industrial customers

regalrexnord.com
2Intelligent Solutions
TypeHardware Sales
Description

Data monitoring and predictive maintenance solutions including wireless sensors and monitoring technologies

regalrexnord.com
3Precision Motion and Automation
TypeHardware Sales
Description

Precision motion control and automation solutions including linear motion, miniature motion, and automation systems

regalrexnord.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 3 records shown
1Perceptiv
Description

Intelligent solutions brand offering wireless sensors and monitoring technology for predictive maintenance and data-driven decision making.

regalrexnord.com
+2 more records
Core offering1 text field

Regal Rexnord is a global industrial manufacturer of engineered motion control and power transmission products. Its offering spans electric motors, bearings, couplings, gearing, clutches and brakes, conveyor technologies, AC/DC drives and controls, switchgear, linear motion, miniature motion, fans and blowers, and industrial chain, sold under 20+ established industrial brands. The company combines these into integrated powertrain systems and complements them with the Perceptiv wireless sensor platform for predictive maintenance and the COPRA centrifugal fan system for high-efficiency air moving applications.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Commitment to Net Zero environmental impact through sustainability initiatives
Product overview1 text field

Regal Rexnord is a diversified industrial manufacturer and solutions provider that offers a broad portfolio of mechanical power transmission and motion control products. The company operates as a platform-plus-components architecture, combining over 30 acquired brands (including Browning, Cambridge, Kollmorgen, Nicotra Gebhardt, Portescap, Rexnord, Thomson, and Warner Electric) under a unified powertrain solutions umbrella. Core products span 14 categories including electric motors, bearings, couplings, gearing, clutches & brakes, conveyor technologies, linear motion, miniature motion, fans & blowers, industrial chain, power transmission components, AC/DC drives & controls, switchgear, and predictive maintenance sensors. The Industrial Powertrain Solutions platform integrates these components into engineered systems, while the Perceptiv brand provides wireless IoT sensors for data-driven monitoring. The COPRA centrifugal fan system from Nicotra Gebhardt represents a key high-efficiency product. The company serves 40+ industries including data centers, HVAC, mining, medical, and alternative energy, with 30,000+ associates across 6 continents.

Product and service15 records
1AC/DC Drives & Controls
CategoryMotion and motor controls
Description

Electrical control systems that regulate motor speed, torque, and power in industrial automation applications. Sold to industrial OEMs and operators needing variable-speed control.

2Bearings
3Clutches & Brakes
4Conveyor Technologies
5Couplings
6Electric Motors
7Electronic Components
8Fan and Blower Solutions
9Gearing
10Industrial Chain
11Linear Motion
12Miniature Motion
13Power Transmission Components
14Precision Motion & Automation
15Predictive Maintenance (Perceptiv)
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-10-01
Description

In October 2021, Regal Beloit Corporation and Rexnord Corporation combined to form Regal Rexnord Corporation, creating a synergistic brand portfolio of engineered powertrain solutions. This strategic combination brought together complementary product lines including power transmission components, bearings, and motion control solutions.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Leading global supplier of electric motors, drives, and motion control products across industrial, HVAC, and infrastructure applications. Directly competes with Regal Rexnord in low-voltage motors, drives, and industrial automation.

TypeBroad incumbent
Description

Diversified industrial conglomerate with substantial businesses in motors (SIMOTION/SIMOGEAR), drives, automation, and power transmission. Provides a much broader digital industrial platform against which Regal Rexnord competes in integrated solutions.

TypeDirect peer
Description

Power management company with significant industrial clutches, brakes, gearing, and electrical components businesses overlapping Regal Rexnord's power transmission and switchgear portfolios. Serves similar industrial and data center end markets.

TypeDirect peer
Description

Global industrial automation and power transmission solutions provider with strong positions in motors, drives, fluid control, and process automation. Overlaps directly with Regal Rexnord's powertrain, HVAC, and industrial customer base.

TypeDirect peer
Description

Pure-play industrial automation and motion control specialist with strong positions in servo motors, drives, and integrated control systems (Allen-Bradley). Competes with Regal Rexnord's Kollmorgen and precision motion brands in factory automation.

TypeDirect peer
Description

Global specialist in gear drives, gearmotors, drives electronics, and mechatronic drive systems for industrial automation. Closely comparable to Regal Rexnord's gearing, motors, and drives portfolios in industrial conveyor and material handling applications.

TypeDirect peer
Description

Engineered bearings and power transmission products manufacturer serving industrial, aerospace, and renewable energy markets. Comparable to Regal Rexnord's power transmission, gearing, and bearings segments in industrial end markets.

TypeDirect peer
Description

World-leading bearing and seal manufacturer with growing exposure to industrial powertrain and rotating equipment services. Directly competes with Regal Rexnord's bearings portfolio (Sealmaster, McGill, Browning) across industrial applications.

TypeDirect peer
Description

Global leader in electric motors with strong positions in industrial, appliance, and precision motion motors. Directly competes with Regal Rexnord's Century, LEESON, and FASCO motor brands and Portescap miniature motion business.

TypeDirect peer
Description

Diversified motion and control technologies manufacturer with overlapping portfolios in motors, drives, gearing, and electromechanical systems serving industrial OEMs. Like Regal Rexnord, Parker operates a broad industrial powertrain and motion control platform with significant aerospace exposure.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability1 record

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries21 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Regal Beloit Corporation

Industrial Powertrain and Motion Controlregalbeloit.com

Regal Rexnord Corporation is a global industrial manufacturer of engineered powertrain and motion control solutions, selling motors, bearings, couplings, gearing, drives, conveyor technologies, and predictive maintenance sensors through 20+ brands to OEMs and end users across 40+ industries.

What Regal Beloit Corporation does

Regal Rexnord Corporation (NYSE: RRX) is a global industrial manufacturer of engineered powertrain and motion control solutions, formed in October 2021 through the merger of Regal Beloit Corporation and Rexnord Corporation. The company designs, manufactures, and markets a broad portfolio spanning electric motors, bearings, couplings, gearboxes, clutches and brakes, conveyor technologies, AC/DC drives and controls, industrial chain, linear and miniature motion, fans and blowers, switchgear, and predictive maintenance sensors. It operates through more than 20 retained legacy brands, including Browning, Cambridge, CENTA, Century, Falk, FASCO, Genteq, Kollmorgen, LEESON, McGill, Nicotra Gebhardt, Portescap, Rexnord, Sealmaster, Stromag, Svendborg Brakes, Thomson, and Warner Electric, with a stated workforce of 30,000+ employees across 6 continents. Its core technology rests on the Industrial Powertrain Solutions platform, which integrates discrete components into engineered end-to-end systems, complemented by the Perceptiv wireless sensor brand for data-driven monitoring.

The company generates revenue primarily through B2B hardware sales to industrial OEMs and end users across 40+ industries, with primary exposure to data centers, commercial and residential HVAC, solar and wind power generation, and medical/healthcare, and secondary exposure to aerospace, mining, oil and gas, food and beverage, and other industrial verticals. Pricing is quote-based and customized for enterprise customers, and the company goes to market through a combination of direct enterprise field sales, an authorized global channel partner and distributor network, and a Where to Buy online storefront. Revenue diversification spans more than a dozen product categories and dozens of served end markets, with a stated commitment to sustainability including Net Zero environmental goals. The company is publicly listed and maintains a dedicated investor relations function.

Regal Beloit Corporation firmographics

Firmographics
Name
Regal Beloit Corporation
Legal name
Regal Rexnord Corporation
Website
https://regalbeloit.com
Company type
Public
Founded year
2021
Operating status
Operating
Short description
Regal Rexnord Corporation is a global industrial manufacturer of engineered powertrain and motion control solutions, selling motors, bearings, couplings, gearing, drives, conveyor technologies, and predictive maintenance sensors through 20+ brands to OEMs and end users across 40+ industries.
Ownership category
akta.pro rank

Regal Beloit Corporation industry classification

Industry
Product category
Industrial Powertrain and Motion Control
NAICS
Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Mechanical Power Transmission Equipment Manufacturing (333613), Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612), Relay and Industrial Control Manufacturing (335314), Power, Distribution, and Specialty Transformer Manufacturing (335311)
SIC
Motors & Generators (3621), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Special Industry Machinery, Nec (3559), Aircraft Parts & Auxiliary Equipment, Nec (3728), Engines & Turbines (3510)
akta.pro primary industry
Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG)
akta.pro secondary industry
Positive Displacement Pumps (IMAHANAB)

Keywords

  • Industrial powertrain solutions
  • Electric motors manufacturing
  • Power transmission components
  • Industrial motion control
  • Mechanical power transmission

Where Regal Beloit Corporation is headquartered

Location

Headquarters

HQ city
Not specified
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Regal Beloit Corporation business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Industrial Powertrain Products: Sale of engineered motion control and power transmission products including electric motors, bearings, couplings, gears, conveyors, and automation solutions to industrial customers
  2. Intelligent Solutions: Data monitoring and predictive maintenance solutions including wireless sensors and monitoring technologies
  3. Precision Motion and Automation: Precision motion control and automation solutions including linear motion, miniature motion, and automation systems

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Regal Beloit Corporation product offering

Product offering

Core offering

Regal Rexnord is a global industrial manufacturer of engineered motion control and power transmission products. Its offering spans electric motors, bearings, couplings, gearing, clutches and brakes, conveyor technologies, AC/DC drives and controls, switchgear, linear motion, miniature motion, fans and blowers, and industrial chain, sold under 20+ established industrial brands. The company combines these into integrated powertrain systems and complements them with the Perceptiv wireless sensor platform for predictive maintenance and the COPRA centrifugal fan system for high-efficiency air moving applications.

Product overview

Regal Rexnord is a diversified industrial manufacturer and solutions provider that offers a broad portfolio of mechanical power transmission and motion control products. The company operates as a platform-plus-components architecture, combining over 30 acquired brands (including Browning, Cambridge, Kollmorgen, Nicotra Gebhardt, Portescap, Rexnord, Thomson, and Warner Electric) under a unified powertrain solutions umbrella. Core products span 14 categories including electric motors, bearings, couplings, gearing, clutches & brakes, conveyor technologies, linear motion, miniature motion, fans & blowers, industrial chain, power transmission components, AC/DC drives & controls, switchgear, and predictive maintenance sensors. The Industrial Powertrain Solutions platform integrates these components into engineered systems, while the Perceptiv brand provides wireless IoT sensors for data-driven monitoring. The COPRA centrifugal fan system from Nicotra Gebhardt represents a key high-efficiency product. The company serves 40+ industries including data centers, HVAC, mining, medical, and alternative energy, with 30,000+ associates across 6 continents.

Differentiator

Problem solved

Functional benefit

Brands

  • Perceptiv: Intelligent solutions brand offering wireless sensors and monitoring technology for predictive maintenance and data-driven decision making.
  • COPRA
  • Automation Solutions

Products and services

  • AC/DC Drives & Controls Electrical control systems that regulate motor speed, torque, and power in industrial automation applications. Sold to industrial OEMs and operators needing variable-speed control.
  • Bearings
  • Clutches & Brakes
  • Conveyor Technologies
  • Couplings
  • Electric Motors
  • Electronic Components
  • Fan and Blower Solutions
  • Gearing
  • Industrial Chain
  • Linear Motion
  • Miniature Motion
  • Power Transmission Components
  • Precision Motion & Automation
  • Predictive Maintenance (Perceptiv)

Quantifiable outcome

  • Commitment to Net Zero environmental impact through sustainability initiatives

Companies that use Regal Beloit Corporation

Customer profile

Segments8 records

Ideal customer profiles5 records

Regal Beloit Corporation technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Regal Beloit Corporation partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Rexnord CorporationcoreStrategic or Co-development Partner · 1 October 2021In October 2021, Regal Beloit Corporation and Rexnord Corporation combined to form Regal Rexnord Corporation, creating a synergistic brand portfolio of engineered powertrain solutions. This strategic combination brought together complementary product lines including power transmission components, bearings, and motion control solutions.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Regal Beloit Corporation competitors and assessment

Company assessment

Direct peers

  • ABB: Leading global supplier of electric motors, drives, and motion control products across industrial, HVAC, and infrastructure applications. Directly competes with Regal Rexnord in low-voltage motors, drives, and industrial automation.
  • Eaton: Power management company with significant industrial clutches, brakes, gearing, and electrical components businesses overlapping Regal Rexnord's power transmission and switchgear portfolios. Serves similar industrial and data center end markets.
  • Emerson Electric: Global industrial automation and power transmission solutions provider with strong positions in motors, drives, fluid control, and process automation. Overlaps directly with Regal Rexnord's powertrain, HVAC, and industrial customer base.
  • Rockwell Automation: Pure-play industrial automation and motion control specialist with strong positions in servo motors, drives, and integrated control systems (Allen-Bradley). Competes with Regal Rexnord's Kollmorgen and precision motion brands in factory automation.
  • SEW-Eurodrive: Global specialist in gear drives, gearmotors, drives electronics, and mechatronic drive systems for industrial automation. Closely comparable to Regal Rexnord's gearing, motors, and drives portfolios in industrial conveyor and material handling applications.
  • Timken: Engineered bearings and power transmission products manufacturer serving industrial, aerospace, and renewable energy markets. Comparable to Regal Rexnord's power transmission, gearing, and bearings segments in industrial end markets.
  • SKF: World-leading bearing and seal manufacturer with growing exposure to industrial powertrain and rotating equipment services. Directly competes with Regal Rexnord's bearings portfolio (Sealmaster, McGill, Browning) across industrial applications.
  • Nidec: Global leader in electric motors with strong positions in industrial, appliance, and precision motion motors. Directly competes with Regal Rexnord's Century, LEESON, and FASCO motor brands and Portescap miniature motion business.
  • Parker Hannifin: Diversified motion and control technologies manufacturer with overlapping portfolios in motors, drives, gearing, and electromechanical systems serving industrial OEMs. Like Regal Rexnord, Parker operates a broad industrial powertrain and motion control platform with significant aerospace exposure.

Broad incumbents

  • Siemens: Diversified industrial conglomerate with substantial businesses in motors (SIMOTION/SIMOGEAR), drives, automation, and power transmission. Provides a much broader digital industrial platform against which Regal Rexnord competes in integrated solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Regal Beloit Corporation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Regal Beloit Corporation leadership team

Management profile

Number of profiles

Regal Beloit Corporation subsidiaries and ownership

Company hierarchy

Subsidiaries21 records

Regal Beloit Corporation funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Regal Beloit Corporation M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Regal Beloit Corporation

What does Regal Beloit Corporation do?

Regal Rexnord is a global industrial manufacturer of engineered motion control and power transmission products. Its offering spans electric motors, bearings, couplings, gearing, clutches and brakes, conveyor technologies, AC/DC drives and controls, switchgear, linear motion, miniature motion, fans and blowers, and industrial chain, sold under 20+ established industrial brands. The company combines these into integrated powertrain systems and complements them with the Perceptiv wireless sensor platform for predictive maintenance and the COPRA centrifugal fan system for high-efficiency air moving applications.

Is Regal Beloit Corporation a public or private company?

Regal Beloit Corporation is a public company. It is classified as public and is currently operating.

When was Regal Beloit Corporation founded?

Regal Beloit Corporation was founded in 2021.

Where is Regal Beloit Corporation based?

Regal Beloit Corporation is headquartered in Not specified, United States, in the North America region.

How does Regal Beloit Corporation make money?

Three revenue lines are on record. Industrial Powertrain Products are the primary driver. The others are intelligent Solutions and precision Motion and Automation.

Who are Regal Beloit Corporation's main competitors?

Direct peers on record are ABB, Eaton, Emerson Electric, Rockwell Automation, SEW-Eurodrive, Timken, SKF, Nidec and Parker Hannifin. Siemens is listed as a broad incumbent.

Does Regal Beloit Corporation have an API?

No public API is recorded for Regal Beloit Corporation.

What industry is Regal Beloit Corporation in?

Regal Beloit Corporation's product category is Industrial Powertrain and Motion Control. Its primary akta.pro industry code is IMAHANAG, Pump & Compressor Packages (Skids, Booster Sets), with a secondary code of IMAHANAB, Positive Displacement Pumps. Its NAICS code is 3336 and its SIC code is 3621.

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Live signals
AInvestRegal Rexnord (RRX) Tops Q2 Earnings EstimatesRegal Rexnord reported Q2 earnings of $2.99 per share, beating the Zacks Consensus Estimate of $2.6 per share by 15%, while revenues of $1.56 billion missed consensus by 1.48%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The stock has gained 56.8% year-to-date, significantly outperforming the S&P 500's 13% gain.GlobeNewswireRegal Beloit Corporation Partners with Verified Market Research for Clean Room Fan Filter Unit Market StudyRegal Beloit partnered with Verified Market Research for a clean room fan filter unit market study. The study provided market sizing, competitive benchmarking, and forecasts to 2031, enabling Regal to prioritize semiconductor clean-room applications in APAC and invest in smart-enabled units.PR NewswireRegal Beloit And Rexnord Announce Estimated Exchange Ratio And Estimated Amount Of Regal Special Cash Dividend In Connection With Anticipated Completion Of Combination Of Regal And Rexnord's PMC BusinRegal Beloit Corporation and Rexnord Corporation announced estimated exchange ratios and dividend details for their anticipated combination, in which Rexnord will spin off its Process & Motion Control business to shareholders and Regal will immediately acquire it in a stock-for-stock merger. The estimated exchange ratio is 0.2230 shares of Regal common stock for each Land share, with a special cash dividend of approximately $6.99 per share totaling roughly $284 million. The spin-off dividend has a record date of September 29, 2021 and payment date of October 4, 2021, while the merger completion remains subject to closing conditions.PR NewswireRegal Beloit And Rexnord Announce Details For Anticipated Completion Of Combination Of Regal And Rexnord's PMC BusinessRegal Beloit Corporation and Rexnord Corporation announced additional details for completing their corporate combination, in which Rexnord will spin off its Process & Motion Control (PMC) Business via a pro rata dividend and Regal will subsequently acquire the spun-off entity in a stock-for-stock merger. The transaction sets record dates of September 29 and October 1, 2021, with anticipated closing on October 4, 2021, and will result in the combined company being renamed "Regal Rexnord Corporation" trading under ticker "RRX," while the remaining Rexnord entity becomes "Zurn Water Solutions Corporation" trading under "ZWS." Stockholders are advised to consult financial advisors regarding trading options during the transition period, with conditional dividends and specific exchange ratios to be determined closer to closing.PR NewswireRegal Beloit Corporation Announces Planned Appointment of Theodore D. Crandall and Robin A. Walker-Lee to its Board of DirectorsRegal Beloit Corporation announced the planned appointment of Theodore D. Crandall and Robin A. Walker-Lee to its Board of Directors, contingent on the closing of its merger with Rexnord Corporation's Process & Motion Control segment. Both appointees currently serve on the Rexnord board and were mutually agreed upon per the merger terms, with the transaction on track to close in the second half of 2021. The additions bring extensive financial expertise and increased diversity to Regal's board amid its transformation into a larger industrial powertrain company.PR NewswireRegal Introduces Tiered Offering for Its Connected Products and Services Powered by Perceptiv™ intelligenceRegal Beloit Corporation announced on July 15, 2021 a new tiered product and service offering for its Perceptiv™ IoT ecosystem, bundling sensors, software and monitoring services into four equipment monitoring classes and three analysis tiers. The new structure is designed to serve customers at different stages of IoT implementation, from entry-level asset management to mission-critical equipment monitoring, across industries including food, beverage, material handling and heavy metals. The company positions this as a new standard for industrial monitoring with both on-premises and cloud computing options.PR NewswireRegal Enhances Its Industrial Powertrain CapabilitiesRegal Beloit Corporation is enhancing its industrial powertrain capabilities through improved component integration and optimization, supported by its cloud-based Perceptiv™ IoT platform for asset monitoring. The company is also preparing to close a transformational merger with Rexnord's Process & Motion Control business in the fourth quarter of 2021, which aims to expand its presence in high-growth sectors like renewable energy and aerospace.PR NewswireRegal Beloit Corporation Declares Quarterly Dividend Increase of 10%Regal Beloit Corporation's Board of Directors declared a quarterly dividend of $0.33 per share, representing a 10% increase from the prior quarter, payable on July 16, 2021 to shareholders of record on July 2, 2021. The company has paid a dividend every quarter since January 1961, demonstrating long-standing commitment to shareholder returns. Regal Beloit is a global engineering and manufacturing company specializing in electric motors, power generation, and power transmission products.PR NewswireRegal Beloit Corporation Announces DividendRegal Beloit Corporation's Board of Directors declared a quarterly dividend of $0.30 per share, payable on January 15, 2021, to shareholders of record as of December 31, 2020. This announcement continues the company's tradition of paying dividends every quarter since January 1961.PR NewswireRegal Beloit Corporation Announces Publication of 2020 Sustainability ReportRegal Beloit Corporation published its 2020 Sustainability Report on September 23, 2020, outlining the company's progress and commitments across environmental, social, and governance areas. The report highlights the company's commitments including a 10% reduction in non-hazardous waste, CO2 emissions, and energy consumption by 2025, along with efforts in product innovation, workplace diversity, and community engagement. Regal, a global manufacturer of electric motors and power transmission products headquartered in Wisconsin, aims to increase transparency around its ESG objectives through expanded disclosures.