Regal Rexnord Corporation is a manufacturer of electric motors and power transmission components based in Milwaukee, Wisconsin. The company has manufacturing, sales, and service facilities throughout the United States, Canada, Mexico, Europe, and Asia, with about 29,000 employees.
One of the largest electric motor manufacturers in the world, its Genteq brand brushless DC electric motors are found in almost all variable speed residential HVAC equipment in the United States today, and its GE Commercial Motors, Leeson, and Marathon Electric Motor brands are used throughout the industrial sector.[4] As of 2021, the company is ranked 763rd on the Fortune 1000, and was the 17th largest corporation in Wisconsin.[5]
History
The company was founded in 1955 as Beloit Tool Corporation, and began operations in a converted roller rink. In 1961, it moved to facilities in South Beloit, Illinois, and in 1969 it changed its name to Regal Beloit. In the 1980s the company expanded its product line with a series of acquisitions of smaller companies, and in 1991 its headquarters were moved to downtown Beloit.