Regal Beloit Corporation, Beloit, WI, has acquired Morrill Motors, a designer and manufacturer of fractional horsepower motors and components for the commercial refrigeration and freezer markets.
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The business will be reported as part of the Company’s Electrical Segment.
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Regal Beloit expects the business to add $8 million to fourth-quarter sales and add $42 million in sales to 2008.
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Morrill brings to Regal-Beloit a wholly owned subsidiary in Jiaxing, China. The manufacturer says the acquisition further expands its global manufacturing and commercial capabilities.
Regal Beloit Corporation is a manufacturer of branded mechanical and electrical motion control and power generation products serving markets throughout the world. …