Exhibit 12

Statement Regarding Computation of Ratio of Earnings for Fixed Charges

REGAL-BELOIT Corporation
Ratio of Earnings to Fixed Charges
($000)

											6-Months Ended
	Year Ended December 31,										June 30		June 29
	1999		2000		2001		2002		2003		2003		2004
Pre-tax Income		$63,254		$56,550		$34,042		$37,977		$40,843		$20,078		$22,582
Add: Fixed Charges -
Interest Expense		$9,406		$15,332		$22,239		$9,399		$6,462		$3,253		$2,804
Amortized Debt Expenses		$230		$475		$1,104		$1,040		$1,058		$515		$457
Portion of Rent Expense Repre-
sentative of Interest (30%)		$1,257		$1,480		$2,194		$2,078		$2,129		$1,060		$1,090
Total Fixed Charges		$10,893		$17,287		$25,537		$12,517		$9,649		$4,828		$4,351
Earnings Available for Fixed Charges		$74,147		$73,837		$59,579		$50,494		$50,492		$24,906		$26,933
Fixed Charges		$10,893		$17,287		$25,537		$12,517		$9,649		$4,828		$4,351
Ratio of Earnings to Fixed Charges		6.81		4.27		2.33		4.03		5.23		5.16		6.19