LeanSixSigma ProfitMargin Improves: Regal-Beloit

Regal-Beloit sees bottom-line impact from Lean Six Sigma initiatives. Its profit margin is increasing from the operating efficiencies created by Six Sigma projects. The CEO reports that the earnings improvement is largely driven by contributions from corporate wide initiatives. REGAL-BELOIT CORPORATION is a leading manufacturer of mechanical and electrical motion control and power generation products. The company is headquartered in Beloit, Wisconsin. ...

... "The gross profit margin for the fourth quarter of 2006 was 24.3%, which was 150 basis points above the gross profit margin in the fourth quarter of 2005 as a result of contributions from our Lean Six Sigma and productivity initiatives. Income from operations was $39.5 million or 10.8% of sales, a 3.1% increase over the $38.3 million or 10.2% of sales reported for the fourth quarter of 2005." ...

Via Regal-Beloit: REGAL-BELOIT Fourth Quarter Earnings Per Share Increase 8%