Regal Beloit Corporation is a global manufacturer of commercial and industrial electric motors, heating, ventilation and air conditioning (HVAC) electric motors, electric generators and controls, and mechanical motion control products. The Company manufactures and markets electrical and mechanical products. Its electrical products include HVAC motors, a line of alternating current (AC) and direct current (DC) commercial and industrial electric motors, electric generators and controls, capacitors, and electrical connecting devices. Its mechanical products include gears and gearboxes, marine transmissions, high-performance automotive transmissions and ring and pinions, and manual valve actuators. On September 30, 2008, the Company acquired Dutchi Motors B.V. On April 25, 2008 the Company acquired Joyce Court Holdings Ltd. and Grand Delight Investments Ltd.