SECURITIES AND EXCHANGE COMMISSION



SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________













Form 8-K














CURRENT REPORT






Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

________________________________











Date of Report (Date of earliest event reported) September 27, 2004
















REGAL-BELOIT CORPORATION

(Exact name of registrant as specified in its charter)






Wisconsin


1-7283


39-0875718

(State or other jurisdiction

of incorporation)

(Commission File

Number)


(IRS Employer Identification No.)












200 State Street, Beloit, Wisconsin 53511



(Address of principal executive offices)













(608) 364-8800


Registrant’s telephone number, including area code



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:



[ ] Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange

Act (17CFR240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange

Act (17CFR240.13e-4(c))







Item 5 Other Events



Mr. Christopher L. Mapes, Vice President and President of Motor Sales and Marketing has resigned from the Company effective September 21, 2004.













SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.





REGAL-BELOIT CORPORATION





By: /s/ David A. Barta

David A. Barta

Vice President, Chief Financial Officer





Dated: September 27, 2004