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Manufacturer Regal Beloit Corp. (NYSE: RBC), Beloit, WI, reported first quarter sales of $878.8 million, an 8 percent increase compared to the first quarter of 2017. Profit was $59.3 million.
By segment, the company reported $414 million in Industrial Systems Segment sales, an 8.6 percent increase from the prior year; $259.9 million in Climate Solutions Segment sales, a 4.9 percent increase; $204.9 in Power Transmission Solutions Segment sales, an increase of 11 percent.