Rexnord, Regal Beloit shareholders sign off on merger

Shareholders at Rexnord Corp. and Regal Beloit Corp. have approved a plan to merge Rexnord’s process and motion control business into Regal Beloit as part of a reverse Morris trust transaction. Regal shareholders also signed off on changing the Beloit-based company’s name to Regal Rexnord Corp. “It’s great to see such strong support from our

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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