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...to
this brief overview of Regal Beloit
Corporation. We are pleased to
have this opportunity to tell
you about how we work, how we
think, and the values that make
us successful.
For starters, we understand that
we exist to benefit our customers,
employees, and shareholders —
those people who have most visibly
demonstrated their confidence
in this enterprise. Through their
support, we have pursued an aggressive
program of growth, acquiring 30
companies and/or product lines
in the past 26 years. We recognize
the only way we can benefit our
employees and shareholders is
by providing extraordinary value
to our customers.
Producing consistent profits demands
continuous excellence, whether
it's serving customers or attracting
outstanding people. Much of what
follows speaks to our strongly
held beliefs as to the importance
of both.
For those of you now being introduced
to Regal Beloit, we hope you'll
like what you see. If you're one
of the many thousands of existing
Regal Beloit customers, suppliers,
investors, or employees, let me
extend my thanks for making the
company what it is today. We're
very proud of our strong record
of profitability and growth over
the past five decades and we appreciate
your contribution to our success. |
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Henry
W. Knueppel
CEO
& Chairman of the Board |
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2005
Marked the 50th Year... |
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...of
operation for Regal
Beloit, a leading international
manufacturer of electrical
and mechanical motion
control components headquartered
in Beloit, Wisconsin.
From electric motors
and generators to gear
reducers, and electronic
switchgear, Regal Beloit's
products are often concealed
within, but essential
to the function of much
of the equipment powering
the world. You will
find Regal Beloit products
in home furnaces, pumps,
elevators, conveyors,
x-ray machines, office
equipment, power stations
and thousands of other
critical uses.
Regal Beloit's strength
is in its market diversity
as it serves an expansive
array of markets from
heavy industry to high
technology. Markets
include HVAC, food processing,
medical, material handling,
petro-chemical, construction,
manufacturing, agriculture
and mining, to name
a few. Few companies
can match Regal Beloit's
abilities to adapt and
modify products to required
specifications and deliver
consistent quality,
at a fair price and
a time dictated by the
customer.
Regal Beloit's ongoing
success can be attributed,
in part, to an aggressive
acquisition program,
which has become a company
hallmark. 2004 saw two
major acquisitions from
General Electric (GE),
which effectively doubled
the size of Regal Beloit.
The Company now has
over 11,000 employees
and 69 manufacturing
and service/distribution
facilities throughout
the United States and
in Canada, Mexico, Europe
and Asia.
Regal Beloit stock is
traded on The New York
Stock Exchange®
under the symbol RBC. |
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Find
out more about Regal
Beloit's long and successful
history of growth...more |
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