Rexnord Corp
NYSE:RXN (10/4/2021, 7:17:32 PM)
After market: 64.95 0 (0%)64.95
+0.58 (+0.9%)
Rexnord Corp. engages in the manufacture of engineered power transmission, aerospace, and other precision motion technology products. The company is headquartered in Milwaukee, Wisconsin and currently employs 6,570 full-time employees. The company went IPO on 2012-03-29. The firm operates through two segments: Process & Motion Control platform, and Water Management platform. The Process & Motion Control platform designs, manufactures, markets and services a range of engineered mechanical components used within systems. The Process & Motion Control portfolio includes motion control products, shaft management products, aerospace components and related value-added services. Its Process & Motion Control brands include Rexnord, Rex, Euroflex, Falk, FlatTop, Link-Belt, Thomas and Tollok. The Water Management platform designs, procures and markets products that provide and enhance water quality, safety, flow control and conservation. The Water Management product portfolio includes professional grade water control and safety, water distribution and drainage, finish plumbing and site works products. Its products are marketed and sold under various brand names, including Zurn, Wilkins and VAG.
Rexnord Corp
511 W Freshwater Way
Milwaukee WISCONSIN 53204
P: 14146433000.0
CEO: Todd A. Adams
Employees: 6570
Website: http://rexnordcorporation.com/
Regal Beloit (RBC) advances on closing its deal with Rexnord. On completion, the combination of Regal Beloit and Rexnord's PMC business will become a major provider of power transmission solutions.
Regal Beloit (RBC) receives necessary approvals from its shareholders in a special meeting held recently. This will help close the Rexnord deal early in fourth-quarter 2021.
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