Frost & Sullivan Lauds Regal Beloit's Wide Breadth of Offerings Across a Range of Verticals in the Motors Industry
18 4월 2007 - 9:45PM
PR Newswire (US)
PALO ALTO, Calif., April 18 /PRNewswire/ -- Frost & Sullivan
selected Regal Beloit Corporation (NYSE:RBC) (RBC) as the recipient
of the 2007 Frost & Sullivan Company of the Year Award in the
North American motors industry. Regal Beloit has created industry
benchmarks in setting performance goals, driving internal growth,
increasing shareholder value, and exceeding customer expectations
with a keen focus on providing globally competitive, and yet
customized product solutions. The company has been able to
consistently deliver customer value with its unique ability to
drive organic growth while acquiring and rapidly integrating 43
companies over 51 years. The management team employs the RBC
Operating System at each of it's acquisitions enabling it to drive
consistent metrics, share best practices and deploy Lean Six Sigma
at all levels of the Company. "Using its strategic associations,
the company has been able to identify, assess, evaluate, and
establish a clear customer-winning approach for each of it's
individual businesses, which has facilitated the generation of
greater market revenues and global expansion of its customer base,"
says Frost & Sullivan Team Leader for Industrial Automation and
Process Controls, Shibu S.L. Regal Beloit's meticulous and
disciplined acquisition integration approach has helped it unite an
efficient workforce, beneficial customer relationships, excellent
distribution networks, and a global manufacturing and engineering
footprint. These moves have improved Regal Beloit's global
competitiveness, sophistication of technologies, and focus on the
customer. Very few companies can match Regal Beloit's abilities to
deliver consistent quality at competitive prices across end-user
verticals, globally. This is indicated by the company's exceptional
revenue compounded annual growth rate of more than 17% over the
past 10 years, which far exceeded the industry average. Regal
Beloit has been striving to enhance its customer responsiveness
through its five key initiatives: Customer Centricity,
Globalization, Innovation, Digitization and Lean Six Sigma. The
business savvy company has also created an ideal marketing mix of
direct sales and channel distribution networks for more targeted
and effective inbound as well as outbound customer campaigns. "With
more than 13,000 employees and 62 manufacturing, engineering and
service/distribution facilities, Regal Beloit has a global
manufacturing footprint with highly localized support for its
customers," notes Shibu. "It has shown distinctive ability to offer
quality and reliability through superior product development and
innovation, thus improving lifecycle benefits in all its products."
Each year Frost & Sullivan presents this Award to the company
that has demonstrated excellence in the fields of technology and
has shown commitment to continuously evolve and remain a leading
participant in its industry. The recipient has displayed excellence
in all areas of the process, including the identification of
industry challenges, market drivers and restraints, as well as
strategy development. Frost & Sullivan Best Practices Awards
recognize companies in a variety of regional and global markets for
demonstrating outstanding achievement and superior performance in
areas such as leadership, technological innovation, customer
service, and strategic product development. Industry analysts
compare market participants and measure performance through
in-depth interviews, analysis, and extensive secondary research in
order to identify best practices in the industry. About Regal
Beloit Corporation REGAL-BELOIT CORPORATION (NYSE:RBC) is a leading
manufacturer of mechanical and electrical motion control and power
generation products serving markets throughout the world.
REGAL-BELOIT is headquartered in Beloit, Wisconsin, and has
manufacturing, sales, and service facilities throughout the United
States, Canada, Mexico, Europe and Asia. About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been
partnering with clients to support the development of innovative
strategies for more than 40 years. The company's industry expertise
integrates growth consulting, growth partnership services, and
corporate management training to identify and develop
opportunities. Frost & Sullivan serves an extensive clientele
that includes Global 1000 companies, emerging companies, and the
investment community by providing comprehensive industry coverage
that reflects a unique global perspective and combines ongoing
analysis of markets, technologies, econometrics, and demographics.
For more information, visit http://www.awards.frost.com/. Contact:
Stacie Jones 210.247.2450 DATASOURCE: Frost & Sullivan CONTACT:
Stacie Jones of Frost & Sullivan, +1-210-247-2450, Web site:
http://www.frost.com/
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