Regal-Beloit Buys Morrill Motors
October 16, 2007Regal Beloit Corporation, Beloit, WI, has acquired Morrill Motors, a designer and manufacturer of fractional horsepower motors and components for the commercial refrigeration and freezer markets.
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The business will be reported as part of the Company's Electrical Segment.
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Regal Beloit expects the business to add $8 million to fourth-quarter sales and add $42 million in sales to 2008.
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Morrill brings to Regal-Beloit a wholly owned subsidiary in Jiaxing, China. The manufacturer says the acquisition further expands its global manufacturing and commercial capabilities.
Regal Beloit Corporation is a manufacturer of branded mechanical and electrical motion control and power generation products serving markets throughout the world. ...
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Regal Beloit Corporation, Beloit, WI, has acquired Morrill Motors, a designer and manufacturer of fractional horsepower motors and components for the commercial refrigeration and freezer markets.
;
The business will be reported as part of the Company's Electrical Segment.
;
Regal Beloit expects the business to add $8 million to fourth-quarter sales and add $42 million in sales to 2008.
;
Morrill brings to Regal-Beloit a wholly owned subsidiary in Jiaxing, China. The manufacturer says the acquisition further expands its global manufacturing and commercial capabilities.
Regal Beloit Corporation is a manufacturer of branded mechanical and electrical motion control and power generation products serving markets throughout the world. Regal Beloit has manufacturing, sales, and service facilities throughout the U.S., Canada, Mexico, Europe and Asia.
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