Regal Beloit to close two plants
Regal Beloit Corp., Beloit, Wis., a manufacturer of electric motors, mechanical and electrical motion controls, and power-generation products, has informed employees at its Mount Sterling and Winchester, Ky., locations of its decision to cease operations at both facilities. The products and processes located at these facilities will be transferred to other Regal and non-Regal facilities. The closures will affect about 200 employees.
Regal has multiple manufacturing facilities that make various component parts and motors. The company reports that consolidating these operations will allow it to remain competitive globally, reduce variations among its manufacturing facilities, and improve cycle times.