Regal Beloit acquires HVAC parts makers

Industrial Distribution staff -- Industrial Distribution, 9/4/2007 8:29:00 AM

Regal Beloit Corp. acquired Jakel Inc., a motors and blower systems maker based in Aurora, Mo., for an undisclosed amount.

The Beloit, Wis.-based motion control and power generation products manufacturer also said it completed its acquisition of Tecumseh Products Co.’s FASCO Residential/Commercial and Asia/Pacific operations for roughly $220 million.

Those businesses, which also make components for HVAC systems, will be integrated along with Jakel into Regal Beloit’s electrical segment. They are expected to increase sales by about $355 million next year, the company said.

“These acquisitions will allow us to expand our offering of energy efficient systems solutions to our customers, in addition to expanding our global manufacturing and commercial footprints and furthering our ability to bring innovative products to our customers,” Regal Beloit chairman and CEO Henry Knueppel said.

The FASCO deal gives the company six manufacturing and distribution facilities in Eldon and Cassville, Mo.; Piedras Negras, Mexico; Bangkok, Thailand; and Melbourne, Australia. The Jakel deal includes a manufacturing facility in Piedras Negras.

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