6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.
For the full year 2011, sales were $2.8 billion, up 25.5 percent over sales in 2010. Profit attributable to Regal Beloit grew 1.9 percent to $152.3 million.
"Our performance in the fourth quarter is another indicator that the diversification of our end markets and our ability to be a consistent and successful acquirer allow us to perform well through difficult cycles," CEO Mark Gliebe said.
Electrical segment sales grew 33.6 percent in the quarter, and grew 26.5 percent for the full year. Sales for the mechanical segment grew 8.5 percent in the fourth quarter and 16.5 percent for the year.