Illinois company plans to move headquarters into old Regal Rexnord building

Alex Gary | September 11, 2024

 

BELOIT – A Rockford company that makes lifting equipment plans to move its company headquarters to the old Regal Rexnord building at 200 State St., bringing 30 executive and administrative jobs to downtown Beloit

 

The Caldwell Group Inc. received approval from the Beloit Plan Commission last week for a conditional use permit to have ground floor offices in a central business district. The company is under contract to purchase the building and hopes to begin working at the site by Oct. 1

 

“This location and this building are going to allow us to grow our company, host sales and training events, and get our business team all under one roof,” Caldwell Group CEO Doug Stitt said in a news release.

 

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