BNET Industries
Market Cap:$1.0B
Last Fiscal Year Sales:$1.9B
- Public
- US
Dow Jones Description
Baldor is a leading manufacturer of industrial electric motors, drives, and generators, currently supplying over 8,000 customers in more than 160 industries. We sell our products to original equipment manufacturers and distributors serving markets in the United States and throughout the world. We focus on providing customers with value through a combination of quality products and customer service, as well as short lead times and attractive total cost of ownership, which takes into account initial product cost, product life, maintenance costs and energy consumption. We estimate that the initial purchase price and the lifetime maintenance costs of a typical electric motor represent approximately 2% of the cost of the electricity consumed by a motor run continuously over its lifetime. We believe that due to high energy prices, our customers increasingly base their purchasing decisions on the energy efficiency of our motors and other products, rather than on the price alone. Over the past 15 years, our revenue has grown at a 6.4% compounded annual growth rate. We have achieved most of this growth organically through product innovation, increased market share and expansion into new markets.
CEOJohn A. McFarland
Number of Employees 7,891
Contact Information
5711 RS Boreham Jr St
Fort Smith, Arkansas 72901-8301
(479) 646-4711
Peer Companies
NAICS Code Motor and Generator Manufacturing: 335312
Recent Events
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Metro jobless rates jump
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Baldor Electric Company Announces First Quarter 2009 Results
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Baldor Reports Higher Salaries, Lower Total Compensation
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Moody's affirms ratings on Baldor Electric 7 mins ago
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Baldor Electric Company Contributes $16.4 Million to Employee Profit Sharing and Savings Plan
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Baldor Electric Company Announces 1st Quarter 2009 Dividend, Management Promotion...
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Baldor Electric Company Announces Fourth Quarter and YTD 2008 Results
News & Analysis
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Baldor Electric Co. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator instructions And we’ll pause for a moment to assemble our queue. And we will take our first question from John Franzreb with Sidoti & Company. John Franzreb – Sidoti & Company Good morning, guys. John McFarland Good morning, John. John Franzreb – Sidoti &...
Baldor Electric Co. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, sir. Operator Instructions. We'll go first to Steven Sanders with Stephens, Inc. Steven Sanders - Stephens, Inc. Good morning, everyone. John McFarland Good morning, Steve. Steven Sanders - Stephens, Inc. Couple of questions. First, John on the January sales being quite a bit better than...
Baldor Electric Co. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. We'll go first to Steve Sanders, Stephens Inc. Steve Sanders - Stephens Inc. Good morning. John McFarland Good morning, Steve. Ron Tucker Good morning, Steve. Steve Sanders - Stephens Inc. Thanks for the additional color on the balance sheet and some of the things you...
Cash Is King: Accrual Earnings Stock Screen
Mark Barath submits: In the early part of this decade we learned, ironically enough, earnings don’t represent real money. When a company says it earned a dollar per share last quarter, it doesn’t always mean it has that dollar to spend on dividends, share repurchases, debt repayment, or re-invest in...
Baldor Electric Company Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions We will go first to Steve Sanders with Stephens Incorporated. Steve Sanders - Stephens Inc John, just coming back to your comments about the commodities. You highlighted steel, iron ore and freight. Can you kind of rank those in terms of relative...
Baldor Electric Co. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. (Operator Instructions.) And our first question will come from Andrea Wirth with Robert W. Baird. Andrea Wirth - Robert W. Baird Good morning, guys. John McFarland Hello, Andrea. Andrea Wirth - Robert W. Baird I just want to start off with your thoughts on...
Baldor Electric Company Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator instructions. And our first question will come from Mike Schneider with Robert W. Baird. Mike Schneider Thanks. Congratulations on a great year, guys. Maybe we can talk first just about the synergy savings. You pointed out about the change...
Baldor Electric Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions And our first question will come from [Matthew Dellacroix] with BNP Paribas. Matthew Dellacroix - BNP Paribas Good morning. Ron Tucker Good morning. John McFarland Good morning, Matthew. Matthew Dellacroix - BNP Paribas Could you give us an update on the orders so far in...
Baldor Electric Co. plans to sell its Reliance Electric power services business, according to a regulatory filing with the Securities & Exchange Commission
Baldor Electric Co. plans to sell its Reliance Electric power services business, according to a regulatory filing with the Securities & Exchange Commission. Baldor said the power services business is a small division of Reliance, with annual sales of about $70 million. Proceeds will be used to reduce debt.
Business briefs
Sonepar USA subsidiary buys two distributors Stuart C. Irby Co. of Jackson, Miss., a subsidiary of Sonepar USA, recently signed an agreement to acquire Burmelster Electric Co. of Minneapolis and High Voltage Testing Laboratories of Fargo, N.D. Burmeister was established in 1919 to serve utilities in the upper Midwest. While...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| John A. McFarland | CEO |
| Ronald E. Tucker | President, COO & Secretary |
| George E. Moschner | Cfo |
| Edward L. Ralston | Executive Vice President, Business Integration |
| Gene J. Hagedorn | Executive Vice President, Matls |
| L. Edward Ralston | Executive Vice President, Business Integration |
| Michael A. Cinquemani | Executive Vice President, Sales, Dodge & Intl |
| Randal G. Waltman | Executive Vice President Operations |
| Randall G. Waltman | Executive Vice President, Operatons |
| Randy G. Waltman | Executive Vice President, Operations |
| Randy L. Colip | Executive Vice President, Sales |
| Ronald W. Thurman | Executive Vice President, Engineering |
| Wayne Thurman | Executive Vice President, Engineering |
| Amy Lakin | Vice President, Materials |
| Amy Schwan-Burdick | Vice President, Matls |
| Jason W. Green | Vice President, Hr |
| Larry Johnston | Vice President Audit Services |
| Mark L. Shackelford | Vice President, Info Services |
| Marvin Ward | Vice President, HR, Reliance & Dodge |
| Randall P. Breaux | Vice President, Marketing |
| Robert Nemecek | Vice President, Sales, Dodge |
| Roger V. Bullock | Vice President, Drives |
| Thomas A. Mascari | Vice President, Business Integration |
| Tracy Long | Vice President, Ir & Assistant Secretary |
| William Fowler | Vice President, Information Services, Reliance and Dodge |
| William Pizzichil | Vice President, Engineering Reliance & Dodge |
| William Ramsbey | Vice President, Manufacturing |
| Yvon Fortier | Vice President, Maska |
| Mark Shackleford | Director, Info Services |
| Stan Robbins | Creative Director |
| Andrew Stephenson | Sales Manager of Baldor Uk |
| Bryant Dooly | Finance Controller |
| G Jr Bryant | Treasurer & Controller |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Robert J. Messey | Chairman |
| Barry K. Rogstad | Board Director |
| Jean Mauldin | Board of Directors |
| Jefferson W. Asher Jr. | Board of Directors |
| Merlin J. Augustine Jr. | Board of Directors |
| R.L. Qualls | Board of Directors |
| R.S. Boreham Jr. | Board of Directors |
| Richard E. Jaudes | Board Director |
| Robert L. Proost | Board Director |
| Robert L. Qualls | Board of Directors |
| Ronald A. Tucker | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | CEO | Current |
| Baldor Electric Company | Board Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | President, COO & Secretary | Current |
| Baldor Electric Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Cfo | Current |
| BKD, LLP | Accountant | Former |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Executive Vice President, Business Integration | Current |
| Baldor Electric Company | Audit Services Director | Former |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Executive Vice President, Matls | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Executive Vice President, Business Integration | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Executive Vice President, Sales, Dodge & Intl | Current |
| International Sales Co Inc | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Executive Vice President Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Executive Vice President, Operatons | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Executive Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Executive Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Executive Vice President, Engineering | Current |
| Baldor Electric Company | Vice President, Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Executive Vice President, Engineering | Current |
| Baldor Electric Company | Vice President, Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Materials | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Matls | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Hr | Current |
| Baldor Electric Company | Director, Hr | Former |
| Hallmark Cards, Inc. | Hr Positions | Former |
Larry L. Johnston, Jr. joined Baldor as an Integration Specialist in mid-May 2007. Prior to joining Baldor, Mr. Johnston was an accountant with the firm of Ernst & Young LLP for seven years, the last five years of which he was a Senior Manager.
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President Audit Services | Current |
| Baldor Electric Company | Integration Specialist | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Info Services | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, HR, Reliance & Dodge | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Sales, Dodge | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Drives | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Business Integration | Current |
| Reliance Electric Company | Vice President | Former |
| Reliance Electric Company | General Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Ir & Assistant Secretary | Current |
| Baldor Electric Company | Assistant Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Information Services, Reliance and Dodge | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Engineering Reliance & Dodge | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Manufacturing | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Vice President, Maska | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Director, Info Services | Current |
| Baldor Electric Company | Director, Info Services | Former |
Mr. Robbins has been involved in the Industry since 1973. He holds a B.A. in Commercial Design from Arkansas Tech University. He is experienced as a production artist, designer, creative director and printing sales representative giving him a diversity of experience to draw upon. Stan began his career as a production artist at Weldon, Williams & Lick, Inc. in Fort Smith. He worked in a small design studio in Fort Smith for three years and operated his own design and print brokering business for nine years. After a period of time as Creative Director at Baldor Electric Company and as a printing representative in West and Northwest Arkansas, he joined Ad Plus in 1996.
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Creative Director | Current |
| Advertising Plus | Production Manager | Current |
| Weldon, Williams & Lick, Inc. | Production Artist | Former |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Sales Manager of Baldor Uk | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Finance Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Treasurer & Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Arch Coal, Inc. | Chief Financial Officer | Current |
| Baldor Electric Company | Chairman | Current |
| Stereotaxis, Inc. | Chair | Current |
| Baldor Electric Company | Board of Directors | Current |
| Arch Coal, Inc. | Senior Vice President | Current |
| Jacobs Engineering Group, Inc. | Vice President of Financial Services | Former |
| Ernst & Young | partner | Former |
| Stereotaxis, Inc. | Board of Directors | Former |
| Washington University | B.S. | Former |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Board Director | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Board Director | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Board Director | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Baldor Electric Company | Board of Directors | Current |
| Baldor Electric Company | President, COO & Secretary | Former |
Executive News
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Baldor Electric to add 114 jobs in N.C.
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Metro jobless rates jump
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Baldor Electric Company to Hold Investor Meeting
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Baldor Electric Company to Hold Investor Meeting
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Baldor Electric Company to Hold Investor Meeting
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