THE RENCO GROUP INC
New York, United States, New York, United States | Steel/Iron
Welcome to The Renco Group, Inc. We are a family owned, private holding company that makes long term investments in companies across a range of industries where we see value and growth. We provide a permanent home for our family of companies; building value over time by retaining earnings and reinvesting in each business. Our long term commitment through various business environments has provided our companies with the stability and support necessary for our management teams to maximize the inherent value of their assets. We operate a decentralized business model with each company’s management team operating independently and with broad autonomy. We enable our operating subsidiaries to experience strong financial returns, by retaining highly skilled and experienced management teams with attractive incentives, and through capital support.
Currently with revenue in excess of $5 billion, employing over 17,000 around the world, we have long term interests in leading companies in the mining, mineral recovery, metals production / fabrication, defense, and automotive supply industries. Our affiliated operating companies are united in their commitment to environmental responsibility, to ensuring the health and safety of their employees, and to respecting and protecting the communities in which they operate.
Since our founding in 1975, we have completed more than 40 acquisitions and continue to actively pursue new opportunities. Should you wish to explore a commercial transaction with Renco, please contact Jim Reitzig, Director of Business Development, at (212) 541-6000 or jreitzig@rencogrp.com
History
The Renco Group, Inc. is a private, family-owned investment holding company founded in 1975 by Mr. Ira Rennert. Based in New York, The Renco Group, Inc. has established a reputation as a global leader within a diverse range of businesses including mining and mineral recovery, defense equipment, fabrication of metal products and automotive supply.
Historical Highlights & Company Milestones
Corporate Responsibility
Being an exceptional corporate citizen is integral to being a market leader
The Renco Group, Inc. and our affiliated companies take a serious approach toward our commitment to excellence in environmental stewardship, workplace safety, the well-being of employees and the support of local communities where our companies operate. It is this commitment that has led Renco's affiliates to spend in excess of $750 million on environmental improvement and remediation, employee safety, social and community projects since inception. As you will see, this commitment is a natural extension of The Renco Group's wider philosophy of fostering the growth, financial strength and performance of the companies we invest in.
Since The Renco Group Inc.'s inception, over 35 years ago, every company we have acquired or invested in has undergone continuous and dramatic improvements in the areas of environmental controls, technology innovation, operations safety, recycling and has supported initiatives to enhance surrounding communities.
Company Details | |
---|---|
Company Name | THE RENCO GROUP INC |
Business Category | Steel/Iron |
Address | New York, United States New York United States |
President | NA |
Year Established | 1975 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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