| 02/28/2022 | MTH20220124 - Production Location Change. As a result of continued strong demand for our Marathon Special Products branded Closed Back and Open Back Terminal Blocks and the lack of available labor at our Bowling Green, Ohio location, Regal Rexnord will be moving production of these products to our facility in Monterrey, Mexico. This move will allow us to significantly increase production capacity leading to an immediate reduction in backlog and ultimately, reduced lead-times. The transition will be completed in two phases with the first phase (Closed Back) beginning in mid-February and the second phase (Open Back) planned to begin in mid-March. Each phase will take three to four weeks to complete. Production of these products will be shut down during this time and will resume in Monterrey as soon as equipment is back in operation.
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