BELOIT, Wis., Dec. 23, 2010 /PRNewswire-FirstCall/ -- Regal
Beloit Corporation (NYSE: RBC) today announced the closing of its
previously announced acquisition of Unico, Inc. Headquartered in
Franksville, Wisconsin, Unico
manufactures a full range of AC and DC drives, motor controllers,
and other accessories ideally suited for most industrial and
commercial applications. Unico has developed proprietary technology
in the fields of oil and gas recovery, commercial HVAC, test stand
automation and other developing applications.
Regal Beloit Corporation 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. Regal Beloit's common stock is a
component of the S&P Mid Cap 400 Index and the Russell 2000
Index.
SOURCE Regal Beloit Corporation