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