Regal Rexnord Corporation (NYSE: RRX) announced today that it closed the previously announced sale of its Industrial Motors and Generators business that comprises the substantial majority of its Industrial Systems segment to certain subsidiaries of WEG S.A. (B3: WEGE3 / OTC: WEGZY).
The Zacks Manufacturing - General Industrial industry rides on growth in manufacturing activities for industrial products and easing supply-chain disruptions. IR, GTLS, AIT and RBC are some promising stocks in the industry.
Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its first quarter 2024 financial results after the market closes on Monday, May 6, 2024.