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Divestiture Feb 2007 · Illinois Verified

Regal-Beloit Sells Illinois Gear Business

Regal-Beloit sold its Illinois Gear business in May 2005, which partially offset sales gains from the Sinya acquisition in 2006.

“the sale of the Illinois Gear business in May of 2005.”

Entities

Regal Beloit Corp. · Parent Illinois Gear · Subsidiary
Other Sentiment: Neutral

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.