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In October 2016, Rexnord announced plans to move its bearings manufacturing plant, with its 300 union jobs and 75-80 supervisory jobs, from Indianapolis, Indiana, to Monterrey, Mexico, in June 2017. [ 11 ] [ 12 ] President-elect Donald Trump criticized Rexnord for firing 300-plus American employees, via Twitter on December 2, 2016.
Rexnord Corporation is a Milwaukee, Wisconsin-based subsidiary of Regal Rexnord Corporation. It was founded in 1891 by Christopher Levalley and incorporated in 1892 as the Chain Belt Company . It had $67.5 million in profit and $1.9 billion in sales in 2016. [ 1 ]
Regal Rexnord Corporation is a manufacturer of electric motors and power transmission components based in Milwaukee, Wisconsin. The company has manufacturing, sales, and service facilities throughout the United States, Canada , Mexico , Europe and Asia , with about 29,000 employees.
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