What's your prediction as it relates to the possiblity of Regal Beloit layoffs? Any chatter, news or rumors?
In the last few yrs regal is actively shutting many facilities in the US. Valprasio, Clinton, Durst, along with others. It’s latest hack Hub City inc. 200 lives strong shuttered without a thought. A company that used to have an 80 percent foot print... — read more
Thoughts? Any Regal Beloit Layoffs 2020? Any news or rumors?
Due to Regal's inability to negotiate for communicate that matter the plant in Valparaiso will be shut down. Thanks to Corporate Greed and this company's distain for union run shops. This will be putting nearly 200 out of work. Sad world we live in... — read more
June 5, 2014 Regal Beloit Corp. said Thursday it will close its Mount Sterling and Winchester, Ky., plants, eliminating about 200 jobs. The products and processes at these facilities will be transferred to other Regal and non-Regal facilities, the... — read more
July 31, 2013 Saying that demand for its heating, ventilation and cooling products was down in commercial and industrial businesses, Regal Beloit Corp. on Wednesday reported lower quarterly earnings. The Beloit-based company earned $51.1 million, or... — read more
Regal Beloit Corp. said Tuesday, July 9, 2013 it will close its Springfield, Mo., facility that employs 330 people. The Beloit-based manufacturer of electric motors, mechanical and electrical motion controls and power generation products will... — read more