News Releases

News Releases

Date Title and Summary
Toggle Summary George Sherman to Retire as Non-Executive Chairman of Rexnord Corporation; Paul Jones Named as Non-Executive Chairman
MILWAUKEE --(BUSINESS WIRE)--Jun. 11, 2015-- Rexnord Corporation (NYSE: RXN) today announced that Non-Executive Chairman George M. Sherman has decided to retire following the Company’s Annual Meeting of Stockholders in July 2015 . The Board of Directors has elected Paul W.
Toggle Summary Matthew Stillings Joins Rexnord Corporation as President, Water Management Platform
MILWAUKEE, Wis. --(BUSINESS WIRE)--Oct. 3, 2016-- Rexnord (NYSE:RXN) announced today that Matthew Stillings has joined the company as a Group Executive and President of its Water Management Platform. Stillings joins Rexnord from IDEX Corporation where he served most recently as Senior Vice
Toggle Summary Rexnord Acquires Green Turtle
MILWAUKEE --(BUSINESS WIRE)--Apr. 15, 2014-- Today Rexnord (NYSE: RXN) announced that it has acquired Green Turtle Technologies Ltd. , Green Turtle Americas Ltd. and Filamat Composites Inc. (collectively “Green Turtle”). Based in Toronto, Ontario , and Charlotte, North Carolina , Green Turtle
Toggle Summary Rexnord Acquires LWG Specialised Plumbing Products
MILWAUKEE --(BUSINESS WIRE)--Sep. 3, 2013-- Rexnord (NYSE: RXN) today announced that it has acquired the assets of LWG Specialised Plumbing Products (LWG) from Hills Holdings Limited (ASX: HIL). LWG is a leading Australia -based provider of plumbing solutions for the non-residential construction
Toggle Summary Rexnord Acquires Micro Precision Gear Technology
MILWAUKEE--(BUSINESS WIRE)--Aug. 23, 2013-- Rexnord (NYSE: RXN) announced today that it has acquired the assets of Micro Precision Gear Technology Limited (“Micro-Precision”), a UK -based manufacturer of specialty precision gears for the aerospace industry.
Toggle Summary Rexnord Acquires Precision Gear Holdings, LLC
MILWAUKEE --(BUSINESS WIRE)--Dec. 16, 2013-- Rexnord (NYSE: RXN) announced today that it has acquired Precision Gear Holdings, LLC (“PGH”). PGH has two operating subsidiaries, Merit Gear LLC , located in Antigo, WI , and Precision Gear LLC , located in Twinsburg, OH .
Toggle Summary Rexnord Acquires Tollok
MILWAUKEE --(BUSINESS WIRE)--Oct. 31, 2014-- Today Rexnord (NYSE: RXN) announced that it has acquired Tollok S.p.A. Based in Ferrara, Italy , Tollok serves a global customer base and has annual revenues of approximately €17 million (Euro). Tollok is a leading supplier of highly engineered shaft
Toggle Summary Rexnord Announces Pricing of Public Offering of Mandatory Convertible Preferred Stock
MILWAUKEE --(BUSINESS WIRE)--Dec. 1, 2016-- Rexnord Corporation (NYSE:RXN) today announced the pricing of its previously announced underwritten public offering of 7,000,000 depositary shares, each of which represents a 1/20th interest in a share of its 5.75% Series A Mandatory Convertible Preferred
Toggle Summary Rexnord Announces Product Line Exit and Previews Key Financial Metrics for the Fourth Quarter and Fiscal Year 2016
MILWAUKEE --(BUSINESS WIRE)--Apr. 26, 2016-- Rexnord Corporation (NYSE: RXN) is announcing its decision to exit a product line in its Water Management platform and the contribution of this product line to consolidated operating results in Rexnord’s fiscal year 2016 fourth quarter and full year.
Toggle Summary Rexnord Announces Share Repurchase Authorization
MILWAUKEE --(BUSINESS WIRE)--Feb. 9, 2015-- Rexnord Corporation (NYSE: RXN) today announced that its Board of Directors has authorized the Company to repurchase up to $200 million of the Company’s common stock. The repurchases may be made in open market purchases, privately-negotiated transactions