Regal Beloit Corp was incorporated in Wisconsin. The Company is a manufacturer of electric motors and controls, electric generators and controls, and mechanical motion control products. Its business segments includes Electrical and Mechanical. Its electrical segment designs, manufactures and sells integral horsepower AC and DC motors for commercial and industrial applications ; fractional, integral and large horsepower motors used in a variety of pump, fans, compressor and electrical machinery applications; fractional motors and blowers used in gas fired water heaters and hydronic heating systems; hazardous duty motors for oil, gas and marine applications; custom electronic drives used in paper processing, steel processing, automotive test stands, oil and gas applications, and a variety of other industrial applications; AC and DC variable speed drives and controllers and other accessories for a variety of commercial and industrial applications; and automatic transfer switches and paralleling switchgear to interconnect and control electric power generation equipment. The Company's HVAC electric motors and blowers are vital components of an HVAC system and are used to move air into and away from furnaces, heat pumps, air conditioners, ventilators, fan filter boxes, water heaters and humidifiers. Its power generation business includes electric generators, transfer switches and switchgear, and power generation components and controls. Its generators are used in commercial, industrial, agricultural, marine, military, transportation, construction, data centers and other applications. The Company's mechanical segment manufactures and markets a broad array of mechanical motion control products including: standard and custom worm gearboxes, bevel gearboxes, helical gearboxes, and concentric shaft gearboxes; open gearing; marine transmissions; custom gearing; gear motors; manual valve actuators; and electrical connecting devices. The Company's gear and transmission related products primarily control motion by transmitting power from a source, such as an electric motor, to an end use, such as a conveyor belt, usually reducing speed and increasing torque in the process. Its valve actuators are used primarily in oil and gas, water distribution and treatment and chemical processing applications. Mechanical products are sold to OEM's, distributors and end users across many industries. The Company sells its products directly to OEMs, distributors and end-users. The Company competes with a growing number of domestic and international competitors due in part to the nature of the products it manufactures and the wide variety of applications and customers it serve.