BELOIT,
Wis., Sept. 8, 2023 /PRNewswire/ --
Regal Rexnord Corporation (NYSE: RRX)
Regal Rexnord Corporation ("Regal Rexnord") today announced its
decision, effective immediately, to change its corporate address
from 200 State Street, Beloit,
Wisconsin 53511 to:
111 West Michigan Street, Milwaukee, Wisconsin 53203
The new corporate location, one of the Company's largest
offices, is already the headquarters for its Industrial Powertrain
Solutions business segment. Its Power Efficiency Solutions business
segment headquarters are located just north of Milwaukee, in Grafton, WI, and the Milwaukee area is home to several other Regal
Rexnord facilities.
Regal Rexnord, formerly known as Regal Beloit Corporation, was
headquartered in Beloit, Wisconsin
for over 30 years and currently has two facilities within the
Beloit-Stateline area.
CEO Louis Pinkham commented on
the news, noting, "We are pleased to make this change,
recognizing our increased presence in Southeastern Wisconsin. We honor our roots and
appreciate the wonderful relationship we continue to maintain with
the Beloit-Stateline
area."
The Company confirmed that none of the Regal Rexnord associates
making up various functional and business teams in Beloit and South Beloit are being displaced as
a result of this address change.
Mr. Pinkham added, "While we anticipate some of our leaders
spending more time in Milwaukee,
we are a decentralized organization, and we continue
to collaborate effectively among all our RRX sites, for the benefit
of all our stakeholders. Changing our headquarters address does not
change that approach to collaboration."
About Regal Rexnord
Regal Rexnord Corporation is a global leader in the engineering
and manufacturing of factory automation sub-systems, industrial
powertrain solutions, automation and mechanical power transmission
components, electric motors and electronic controls, air moving
products, and specialty electrical components and systems, serving
customers around the world. Through longstanding technology
leadership and an intentional focus on producing more
energy-efficient products and systems, Regal Rexnord helps create a
better tomorrow – for its customers and for the planet.
Regal Rexnord is comprised of four operating segments:
Automation & Motion Control, Industrial Powertrain Solutions,
Power Efficiency Solutions and Industrial Systems. Regal Rexnord is
headquartered in Milwaukee,
Wisconsin and has manufacturing, sales, and service
facilities worldwide. For more information, visit
RegalRexnord.com.
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SOURCE Regal Rexnord Corporation