According to a press release, Regal Rexnord Corp. will comprise four business units focusing on motion control solutions, climate solutions, commercial systems and industrial systems. The new company will offer an expanded range of products and provide customers with world-class digital solutions.
 
Louis Pinkham, chief executive of Regal Rexnord, said, “For over 125 years, Regal has consistently provided our customers with reliable, high-quality powertrain products and solutions. Now, with the addition of Rexnord PMC, we are taking a tremendous positive step forward in Regal’s ongoing transformation, positioning the new Regal Rexnord company to create significant value for all our customers. By providing more energy-efficient solutions, developed with greater intention, especially when it comes to leveraging voice of the customer, Regal Rexnord is also now in a better position to fulfill our business purpose: creating a better tomorrow by energy-efficiently converting power into motion.”