BELOIT, Wis., Feb. 2, 2015 /PRNewswire/ -- Regal Beloit
Corporation (NYSE: RBC) today announced the closing of the
acquisition of the Power Transmission Solutions business (PTS) from
Emerson effective January 30,
2015.
Additional information regarding the financial impact of the
closing on 2015 guidance will be provided at Regal's previously
scheduled quarterly conference call at 9:00
AM CST (10:00 AM EST) on
Tuesday, February 17, 2015.
Individuals who would like to participate by phone should dial
888-317-6003 and enter 3880424 when prompted. International
callers should dial 412-317-6061 and enter 3880424 when
prompted. To view the presentation during the call, please
follow this link to Regal's Investors page:
http://investors.regalbeloit.com/phoenix.zhtml?c=116222&p=irol-presentations.
To listen to the live audio and view the presentation via the
internet, please go to:
http://www.videonewswire.com/event.asp?id=101366.
A telephone replay of the call will be available through
May 18, 2015, at 877-344-7529,
conference ID 10058928. International callers should call
412-317-0088 using the same conference ID. A webcast replay
will be available until May 18, 2015,
and can be accessed at
http://investors.regalbeloit.com/phoenix.zhtml?c=116222&p=irol-calendarPast
or at http://www.videonewswire.com/event.asp?id=101366.
Regal Beloit Corporation is a leading manufacturer of electric
motors, electrical motion controls, power generation and power
transmission products serving markets throughout the world.
Regal is headquartered in Beloit,
Wisconsin, and has manufacturing, sales and service
facilities throughout the United
States, Canada,
Mexico, Europe and Asia. Regal's common stock is
a component of the S&P Mid Cap 400 Index and the Russell 2000
Index.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/regal-beloit-closes-power-transmission-solutions-acquisition-300028928.html
SOURCE Regal Beloit Corporation