Regal Beloit Corp. has informed employees at its Mt. Sterling and Winchester, Ky., plants of its decision to cease operations at both facilities.
The products and processes located at the Kentucky facilities will be transferred to other Regal and non-Regal facilities. The closing will affect approximately 200 employees.
Beloit-based Regal has multiple manufacturing facilities that make various component parts and electric motors. Regal believes that consolidating the operations will enable it to remain globally competitive, reduce variation between its manufacturing facilities and improve cycle times.
Regal will be meeting with the union to discuss the impact of this decision in compliance with the National Labor Relations Act. It is the company’s intention to provide a comprehensive benefits package for eligible employees affected by the plant closures. Regal’s goal will be to help affected employees make a successful transition from their jobs to other work within Regal Beloit or in the community.