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Rexnord (RXN) Company Profile

Updated Feb 14, 2020
Rexnord has the following business profile:
Company's Full Name:Rexnord Corporation
Short Name:Rexnord
Trading Ticker Symbol:RXN
Primary Exchange:NYSE
Headquarter City/Country:Maryland, MD
Primary Industry Sector:Technology
Seconday Sub-sector:Industrial Machinery and Components
Main Business Areas: Technology, Industrial Machinery and Components, Industrials, Diversified Industrials, Water
Dividend Payments:Dividend History

Market and Trading Information for Rexnord

The following details were available for trading and market data about the stock of Rexnord as of writing:
Current Share Price:$35.29
Previous Year's Closing Price:$32.62
Percentage Price Change (YTD):8.19%
Market Cap:$4.31 billion
52-week Price Range:$24.24 - $35.64
Dividend Per Share:$0
EPS (TTM):1.61
Price-Earnings (Trailing):21.96
Price-Earnings (Forward):16.8

Company Profile and Business Description for Rexnord

Rexnord Corporation, incorporated on July 13, 2006, is a multi-platform industrial company. The Company operates through two segments: Process & Motion Control platform, and Water Management platform. The Process & Motion Control platform segment designs, manufactures, markets and services a range of engineered mechanical components used within systems. The Water Management platform segment designs, procures, manufactures and markets products that provide and enhance water quality, safety, flow control and conservation.

Process & Motion Control

The Process & Motion Control portfolio includes motion control products, shaft management products, aerospace components and related value-added services. The Company sells its Process & Motion Control products and services into a diverse group of end markets, including food and beverage, aerospace, mining, petrochemical, energy and power generation, cement and aggregates, forest and wood products, agriculture, and general industrial and automation applications. Its Process & Motion Control brands include Rexnord, Rex, Addax, Euroflex, Falk, FlatTop, Link-Belt, Omega, PSI, Shafer, Stearns, Thomas and Tollok. The Company manufactures and supplies engineered mechanical power transmission components used to affect and control material movement within heavy-duty process automation and discrete automation applications. Its motion control products include table top conveying chain and related accessories, gearing and gear drives, conveying equipment, industrial chain and custom assemblies.

The Company's FlatTop table top conveyor chain and related conveyor system accessories are used in discrete automation applications, such as high-speed beverage-filling operations and is primarily sold to the food and beverage processing and packaging, consumer products, warehousing and distribution, automotive, and parts processing industries. The Company produces a range of heavy, medium and light-duty gear drives for bulk and unit material handling, mixing, pumping and general gearing applications. Its conveying equipment components and industrial chain products are used primarily in heavy-duty process automation applications in various industries, including mining, construction and agricultural equipment, forest and wood products, cement and aggregates processing and hydrocarbon processing. The Company also produces custom-engineered, application-specific miniature gearboxes and motion control assemblies and components that are supplied to a range of end markets.

The Company manufactures and supplies engineered mechanical power transmission components used to control, support and protect rotating shafts within process automation and discrete automation applications. Rotating shafts transmit system power to the moving elements in machinery and equipment. Its shaft management products include couplings, torque limiters, electromagnetic clutches and brakes, industrial bearings, and shaft locking assemblies. Torque limiters, clutches and brakes are used in machinery applications to safely control shaft engagement and stopping. Industrial bearings are components that support, guide and reduce the friction of motion between fixed and moving machine parts. The Company produces mounted bearings, which are offered in a range of specialized housings to suit specific industrial applications. Shaft locking assemblies are used to secure machine shafts to hubs through a mechanical interference fit that eliminates shaft backlash and improves transmission of high torques and axial loads. The Company's shaft management products are used in a range of end markets that include food and beverage, mining, energy and power generation, aggregates processing, pulp and paper, steel, chemical, forest and wood products, agricultural equipment, and general industrial and automation.

The Company supplies aerospace components primarily to the commercial and military aircraft end markets for use in door systems, engine accessories, engine controls, engine mounts, flight control systems, gearboxes, landing gear and rotor pitch controls. It also supplies gears and related products through its aerospace-focused build-to-print manufacturing operations.

Water Management

The Water Management product portfolio includes professional grade water control and safety, water distribution and drainage, finish plumbing, and site works products for primarily nonresidential buildings and flow control products for water and wastewater treatment infrastructure markets. Its products are marketed and sold under various brand names, including Zurn, Wilkins and VAG. Its water safety, quality, and flow control products include a range of valve products, distribution and drainage products and site works products. Key valve products include backflow preventers, fire system valves, pressure reducing valves and thermostatic mixing valves. These flow control devices protect and control the potable water supply and emergency water supply within a building or site. Specification drainage products include point drains (such as roof drains and floor drains), hydrants, fixture carrier systems, and chemical drainage systems that are used to control storm water, process water, and potable water in various commercial, institutional, industrial, civil, and irrigation applications. Water distribution products include PEX piping, valves, fittings, and installation tools. PEX tubing is manufactured from cross-linked polyethylene and is designed for high temperature and pressure fluid distribution piping applications for both potable water and radiant heating systems in the residential and nonresidential construction industries. Linear drainage systems are used to capture and direct storm water in a range of commercial, institutional, industrial, and transportation infrastructure applications. Its wastewater pre-treatment products include oil and grease interceptors and separators, acid neutralization systems, and remote monitoring systems and are marketed under the Zurn and Green Turtle brands. Interceptors are used to separate and capture fats, oils, and greases from wastewater before it is discharged into the municipal wastewater collection system.

Zurn's finish plumbing products include manual and sensor-operated flush valves marketed under the Aquaflush, AquaSense and AquaVantage names, and heavy duty commercial faucets marketed under the AquaSpec name. Water conserving fixtures are marketed under the EcoVantage and Zurn One names. Its products are commonly used in office buildings, schools, hospitals, airports, sports facilities, convention centers, shopping malls, restaurants, and industrial production buildings. The Zurn One Systems integrate valve and/or faucet products with fixtures into complete, customizable plumbing systems. The EcoVantage fixture systems promote water-efficiency and low consumption of water that deliver savings for building owners in new construction and retrofit bathroom fixture installations. Its water and wastewater products are primarily sold under the VAG, GA and Wilkins brand names and are used to control the flow of water and wastewater throughout the water cycle from raw water through collection, storage, distribution and wastewater treatment. Its products include automatic control valves, check valves, air valves, butterfly valves, hydrants, actuation systems, and other specialized products for municipal, industrial and hydropower applications.

247 W Freshwater Way Ste 300

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