| Business Summary | | Regal-Beloit
Corporation
is
a
manufacturer
of
a
diversified
line
of
mechanical
and
electrical
motion
control
products.
The
Company's
mechanical
products
are
manufactured
by
its
Mechanical
Group
and
include
standard
and
custom
worm
gear,
bevel
gear,
helical
gear
and
concentric
shaft
gearboxes;
marine
and
high-performance
after-market
automotive
transmissions;
custom
gearing;
gear
motors;
manual
valve
actuators,
and
perishable,
high-speed
steel,
rotary
cutting
tools.
Mechanical
Group
products
are
sold
to
distributors,
original
equipment
manufacturers
and
end
users
across
many
industry
segments. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Regal-Beloit
Corporation
manufactures
a
line
of
mechanical
products
to
control
motion
and
torque
and
electrical
products
such
as
motors
and
generators.
For
the
six
months
ended
6/30/01,
net
sales
increased
21%
to
$349.1
million.
Net
income
decreased
41%
to
$11.1
million.
Revenues
reflect
additional
sales
due
to
the
acquisition
of
Leeson
Electric
and
Thomson
Technology.
Net
income
was
offset
by
a
lower
margin
due
to
lower
production
levels
and
increased
price
competition. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| James Packard, 58 Chairman,
Pres, CEO | $683K | $23K | Henry Knueppel, 52 Exec.
VP, Director | 391K | 127K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|