Regal Beloit Divests Business, Impacting Electrical Segment Sales

Regal Beloit's Electrical segment net sales declined 6.6% excluding acquired businesses, partly due to a divested business. The company also mentions adjusting for a divested business in its North American commercial and industrial motor sales comparison.

“North American commercial and industrial motor net sales increased 1.3% for the second quarter 2012 compared to the second quarter of 2011, adjusting for the divested business.”

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