Get Moblico news: TXTJOIN” to 833-338-4330

Chat with us: TXT or Call 855-662-5426

Team Moblico

Team Moblico

Regal Beloit Fourth Quarter Sales Down 16.3%

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn

https://www.mdm.com/articles/40763-regal-beloit-fourth-quarter-sales-down-163

Manufacturer Regal Beloit Corp. (NYSE: RBC), Beloit, Wisconsin, reported sales for 2019 of $3.2 billion, compared to $3.6 billion from the previous year. Profit was $238.9 million, compared to $231.2 million a year ago.

Sales for the fourth quarter were $738.2 million, down 16.3% compared to the same period a year ago. The company profit of $36.7 million for the quarter, compared to $55.6 million in the prior-year quarter.

More to explorer

Coronavirus Outbreak Hastens Technological Adaptation

https://www.achrnews.com/articles/143413-coronavirus-outbreak-hastens-technological-adaptationDuring the COVID-19 crisis, HVAC contractors with long histories of success find themselves moving faster than ever into new technological territory.

Refrigeration Contractors Expect COVID-19 to Bring Change

https://www.achrnews.com/articles/143412-refrigeration-contractors-expect-covid-19-to-bring-changeContractors report that while they have been kept busy maintaining refrigeration systems in grocery stores, restaurant work has slowed down.

FYI: News Briefs in HVAC – June 29, 2020

https://www.achrnews.com/articles/143414-fyi-news-briefs-in-hvac—june-29-2020For your information news briefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners,