News Releases

News Releases

Date Title and Summary
Toggle Summary Rexnord Corporation to Acquire Centa Power Transmission
Expands into Adjacent Flexible Couplings Category; Adds Approximately $100 Million of Revenue MILWAUKEE --(BUSINESS WIRE)--Jan. 8, 2018-- Rexnord Corporation (NYSE: RXN) announced today that it has entered into a definitive agreement to acquire Centa Power Transmission ( Centa Antriebe Kirschey
Toggle Summary Rexnord Declares Dividend on Mandatory Convertible Preferred Stock
MILWAUKEE --(BUSINESS WIRE)--Jan. 2, 2018-- Rexnord Corporation (NYSE:RXN) announced today that its Board of Directors declared a quarterly dividend to holders of the 5.75% Series A Mandatory Convertible Preferred Stock of $14.375 per share (which dividend corresponds to $0.71875 per depositary
Toggle Summary Rexnord Corporation Completes Offering of $500 Million of 4.875% Senior Notes Due 2025 and Credit Agreement Amendment
MILWAUKEE --(BUSINESS WIRE)--Dec. 7, 2017-- Rexnord Corporation (the “Company”) (NYSE: RXN) today announced the closing of its offering of $500 million aggregate principal amount of 4.875% senior notes due 2025 (the “notes”). The notes were issued by the Company’s wholly-owned, indirect
Toggle Summary Rexnord Corporation Announces Pricing of $500 Million of 4.875% Senior Notes due 2025
MILWAUKEE --(BUSINESS WIRE)--Nov. 30, 2017-- Rexnord Corporation (the “Company”) (NYSE: RXN) today announced the pricing of its offering of $500 million aggregate principal amount of 4.875% senior notes (the “notes”). The notes will be issued by the Company’s wholly-owned, indirect subsidiaries RBS
Toggle Summary Rexnord Corporation Announces Offering of Senior Notes
MILWAUKEE --(BUSINESS WIRE)--Nov. 28, 2017-- Rexnord Corporation (the “Company”) (NYSE: RXN) today announced its intention to commence an offering, subject to market conditions and other factors, of $500.0 million aggregate principal amount of senior notes.
Toggle Summary Rexnord Reports Q2 FY2018 Financial Results and Increases FY2018 Operating Outlook
Call scheduled for Thursday, November 2, 2017 at 8:00 a.m. Eastern Time MILWAUKEE --(BUSINESS WIRE)--Nov. 1, 2017-- Rexnord Corporation (NYSE:RXN) Second Quarter Highlights Net sales were $511 million and up 4% year over year (+4% core sales (1) , -1% RHF product line exit, +1% foreign currency
Toggle Summary Rexnord to Participate in Baird 2017 Global Industrial Conference
MILWAUKEE --(BUSINESS WIRE)--Oct. 31, 2017-- Rexnord Corporation (NYSE: RXN) today announced that it will participate in the Baird 2017 Global Industrial Conference at the Four Seasons Hotel Chicago in Chicago, IL on November 7, 2017 . About Rexnord Headquartered in Milwaukee, Wisconsin , Rexnord
Toggle Summary Rexnord Schedules Q2 FY2018 Earnings Release and Investor Conference Call
MILWAUKEE --(BUSINESS WIRE)--Oct. 17, 2017-- Rexnord Corporation (NYSE: RXN) will hold a conference call and webcast presentation on Thursday, November 2, 2017 at 7:00 a.m. Central Time to discuss its second quarter fiscal year 2018 financial results, provide a general business update and respond
Toggle Summary Rexnord Corporation Acquires World Dryer Corporation
Expands Finished Plumbing Product Offering Into Adjacent Commercial Hand Drying Market MILWAUKEE --(BUSINESS WIRE)--Oct. 9, 2017-- Rexnord Corporation (NYSE: RXN) announced today that it acquired World Dryer Corporation . World Dryer is a leading global manufacturer of commercial electric hand
Toggle Summary Technical Snapshots for These Machinery Stocks -- ITT Inc., Milacron, Rexnord, and Welbilt
NEW YORK , October 3, 2017 /PRNewswire/ -- If you want a Stock Review on ITT, MCRN, RXN, or WBT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com has issued research reports on ITT Inc. (NYSE: ITT), Milacron Holdings Corp.