Exhibit 24.1
                             Powers of Attorney
                    Signature Page of This Registration
  
                                 SIGNATURES
               
  The Registrant.  Pursuant to the requirements of the Securities Act of 1933,
  the Registrant certifies that it has reasonable grounds to believe that it
  meets all the requirements for filing on Form S-8 and has duly caused this
  registration statement to be signed on its behalf by the undersigned,
  thereunto duly authorized, in the City of Beloit, State of Wisconsin, on
  this 27th day of March, 1998.
  
                                REGAL-BELOIT CORPORATION
                                REGISTRANT
  
                                     JAMES L. PACKARD
                                   -------------------
                                By:  JAMES L. PACKARD
                                Chairman, President and Chief Executive Officer
  
                               POWERS OF ATTORNEY    
                          
  Each person whose signature appears below constitutes and appoints
  James L. Packard and Kenneth F. Kaplan, and each of them, as his or her
  true and lawful attorneys-in-fact and agents with full power of substitution
  and resubstitution, for him or her and in his or her name, place and stead,
  in any and all capacities, to sign any and all amendments to this
  registration statement, and to file the same with all exhibits thereto, and
  other documents in connection therewith, with the Commission, granting unto
  said attorneys-in-fact and agents full power and authority to do and
  perform each act and thing requisite and necessary to be done, as fully to
  all intents and purposes as he or she might or could do in person, hereby
  ratifying and confirming all that said attorneys-in-fact and agents, or his
  or her substitute or substitutes, may lawfully do or cause to be done by
  virtue hereof.
  
  Pursuant to the requirements of the Securities Act of 1933, this
  registration statement has been signed by the following persons in the
  capacities and on the dates indicated.



     Signature                Title                          Date
     ---------                -----                          ----
                                                       
  JAMES L. PACKARD
  -----------------------     Chairman, President and        March 27, 1998
  James L. Packard            Chief Executive Officer
  
  
  KENNETH F. KAPLAN
  -----------------------     Secretary, Vice President      March 27, 1998
  Kenneth F. Kaplan           and Chief Financial Officer
  
  
  HENRY W. KNUEPPEL
  -----------------------     Executive Vice President       March 27, 1998
  Henry W. Knueppel           Director
  
  
  FRANK E. BAUCHIERO           
  -----------------------
  Frank E. Bauchiero          Director                       March 27, 1998
  
  
  J. REED COLEMAN
  -----------------------
  J. Reed Coleman             Director                       March 27, 1998
  
  
  JOHN M. ELDRED
  -----------------------
  John M. Eldred              Director                       March 27, 1998
  
  
  STEPHEN N. GRAFF
  -----------------------
  Stephen N. Graff            Director                       March 27, 1998
  
  
  G. FREDERICK KASTEN JR.
  -----------------------
  G. Frederick Kasten, Jr.    Director                       March 27, 1998
  
          
  WILLIAM W. KEEFER
  ----------------------
  William W. Keefer           Director                       March 27, 1998
  
  
  JOHN A. MCKAY
  ----------------------
  John A. McKay               Director                       March 27, 1998
  

  The Plan.  Pursuant to the requirements of the Securities Act of 1933, the
  --------
  Plan has duly caused this Registration Statement to be signed on its behalf
  by the undersigned, thereunto duly authorized, in the City of Beloit, State
  of Wisconsin, on March 27, 1998.
  
                               REGAL-BELOIT CORPORATION
                               PLAN
  
  
  
                               By:  JAMES L. PACKARD    
                                  -------------------
                                    James L. Packard
                                    Plan Sponsor