Regal Beloit finalizes deal.(newsline) From: Air Conditioning, Heating & Refrigeration News | Date: September 24, 2007 | COPYRIGHT 2007 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

BELOIT, Wis. -- Regal Beloit Corp. acquired Jakel Inc. and completed the previously announced acquisition of the Fasco Residential/Commercial and Fasco Asia/Pacific operations from Tecumseh Products Co.

Both of the acquired businesses manufacture and market motors and blower systems for a variety of air moving applications including alternative fuels systems, water heaters, HVAC systems, and other commercial segments. The two independent businesses will be combined and operate as a single unit as part of the company's electrical segment.

The purchase price for the Fasco ...

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