hvacrollups.com
← All signals
Expansion Apr 2006 · Changzhou, China Verified

Regal-Beloit Expands Global Manufacturing Footprint in China

Regal-Beloit's CEO stated the acquisition demonstrates the company's commitment to expanding its commercial presence in high-growth markets and its global manufacturing footprint. This marks the second wholly owned China-based company for Regal-Beloit.

“This acquisition is a demonstration of our commitment to expand our commercial presence in high growth markets, to continue to support our global customer base and to continue to expand our global manufacturing footprint.”

Entities

HVAC Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.