Regal Beloit to close two Kentucky plants

Special to The Freeman

June 5, 2014

BELOIT – Regal Beloit Corp. said Thursday it’s closing its Mount Sterling and Winchester, Ky., plants, which will eliminate about 200 jobs.

“Regal believes that consolidating these operations will enable it to remain globally competitive,” the company said in a statement.

The products and processes at the two Kentucky facilities will be transferred to other Regal and non-Regal facilities, according to the statement. The Beloit-based company plans to provide a comprehensive benefits package for eligible employees affected by the plant closures.

The manufacturer of electric motors, mechanical and electrical motion controls and power generation products said its goal is to help impacted employees successfully transition from their jobs to other work within Regal and the community.

www.regalbeloit.com