BNET Industries

Renco Group Inc.

is in the Manufacturing Industry

Last Fiscal Year Sales:$3.5B
  • Private
  • US
Dow Jones Description

The Renco Group, Inc. is a private holding company with affiliated operating companies that do business in a variety of industries, including mining, mineral recovery, automotive assembly and fleet support, and metals production and fabrication. The Renco Group's affiliated companies, thanks to their skilled management and workforces, have experienced great growth in several areas. The Renco Group has provided financial capital and commitments and management advice to its affiliated companies over the years to aid their growth. Since the Renco Group's formation in 1986, sales by Renco Group-affiliated companies have increased to more than $2 billion. Assets, too, have grown to more than $2.4 billion. Over the years, the Renco Group has grown from within as well as through targeted acquisitions. Most of the Renco Group's acquisitions in the past 20 years have been metal and commodity related, including steel, metal fabrication, and mining companies, as well as lead, zinc, copper, silver, and gold processors. The Renco Group's other major purchase has been AM General LLC, which manufactures and assembles HUMVEE military vehicles and civilian HUMMERs . The Renco Group has chosen to acquire companies for cash and generally retains existing management with incentives. Each company is separate, and management enjoys significant autonomy. The Renco Group is a long-term investor and supports capital investments at each of its companies. ...

Chairman and CEO
Ira Leon Rennert
Number of Employees 13,500
Contact Information

1 Rockefeller Plz

New York, New York 10020

www.rencogroup....

(212) 541-6000

NAICS Code Iron and Steel Mills: 331111

News & Analysis

renco group inc. and wci steel inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Patrick G. Tatom COO & Executive Vice President
Marvin Koenig Executive Vice President
Roger Fay Vice President, Finance
Bruce Neil
Gary Slater
James A Armour
Jeffrey L Zelms
Michael H Legge
Timothy J Dillon

Board of Directors

Name (plus bio) Position
Ira Leon Rennert Chairman and CEO

Organization Position Status
Renco Group Inc. Chairman and CEO Current
AM General, LLC Chairman Former

Organization Position Status
WCI Steel, Inc. President and Chief Executive Officer Current
Renco Group Inc. COO & Executive Vice President Current
Jcu Hockey Assistant Coach Current
WCI chief operating officer Former
WCI executive vice president Former
WCI Steel, Inc. general manager of sales Former
Marietta College bachelor's degree in business and marketing Former

Organization Position Status
Renco Group Inc. Executive Vice President Current

Organization Position Status
Renco Group Inc. Vice President, Finance Current

Organization Position Status
Renco Group Inc. Current

Organization Position Status
Renco Group Inc. Current
University of San Francisco B.S. in Business Former

Organization Position Status
Renco Group Inc. Current
Ltv Corp Director Former
Ltv Corp AM General Former
Peace Corps Former

Organization Position Status
The Doe Run Company Vice Chairman and Chief Executive Officer of Doe Run Current
Renco Group Inc. Current
Missouri University of Science and Technology bachelor's degree in mining engineering Former

Organization Position Status
Renco Group Inc. Current
US Magnesium LLC Former
Phelps Dodge Corporation Former
The University of Arizona masters of business administration degree Former

Organization Position Status
Renco Group Inc. Current
GS Industries Inc. Former
Miami University business education graduate Former

Executive News

  • GM's Saab narrows talks with suitors to two-report

    Forbes.com - 6/02/09 - View Story

  • GM's Saab narrows talks with suitors to two-report

    Reuters - 6/02/09 - View Story

  • GM's Saab narrows talks with suitors to two-report

    CNN Money - 6/02/09 - View Story

  • "Yard sale" to take time, yield little

    Reuters - 6/02/09 - View Story

  • GM's "yardsale" could take time

    Reuters - 6/02/09 - View Story

  • DEALTALK-GM "yard sale" to take time, yield little

    CNN Money - 6/01/09 - View Story

  • Swedish PM says Saab vulnerable after deal-report

    Reuters - 5/30/09 - View Story

  • UPDATE 2-GM's Saab given more time to restructure

    Forbes.com - 5/29/09 - View Story

  • Tensions clog Opel talks

    Malaysia News.net - 5/29/09 - View Story

  • Magna takes lead in Opel bidding

    Reuters - 5/29/09 - View Story

  • Hope for Opel as Magna nears deal with parent GM

    Reuters - 5/29/09 - View Story

  • Magna takes lead in bidding for GM's Opel

    Reuters via Yahoo! - 5/29/09 - View Story

  • WRAPUP 1-Tensions rise as Germany races for Opel deal

    Forbes.com - 5/29/09 - View Story

  • GM's Saab given more time to restructure

    MSN Money - 5/29/09 - View Story

  • Tensions rise as Germany races for Opel deal

    Washington Post - 5/29/09 - View Story

  • UPDATE 1-NORDIC STOCKS - Factors to watch on May 29

    Forbes.com - 5/29/09 - View Story

  • UPDATE 1-GM's Saab given more time to restructure

    Reuters - 5/29/09 - View Story

  • NORDIC STOCKS - Factors to watch on May 29

    Forbes.com - 5/29/09 - View Story

  • German stocks - Factors to watch on May 29

    Forbes.com - 5/29/09 - View Story

  • Koenigsegg one of suitors for GM's Saab-report

    Forbes.com - 5/28/09 - View Story

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