BNET Industries
Last Fiscal Year Sales:$1.1B
- Public
- US
Dow Jones Description
Rouge Industries, Inc., a Delaware corporation (together with its subsidiaries, ?Rouge Industries? or the ?Company?), was incorporated in 1996. The Company is primarily engaged, through its wholly-owned subsidiary, Rouge Steel Company (?Rouge Steel?), in the production of high quality, flat rolled carbon steel products consisting of hot rolled, cold rolled and galvanized steel. The Company?s products generally, and its value-added products specifically, are sold primarily to customers in the automotive industry. These customers have exacting quality, delivery and service requirements. The Company?s ability to meet these requirements and its participation in the development of new products designed for automotive applications have enabled it to maintain its position as a key automotive supplier. The Company also sells its products to steel converters, service centers and other end users. Other than Rouge Steel, Rouge Industries? wholly-owned subsidiaries include QS Steel Inc. (?QS Steel?) and Eveleth Taconite Company (?Eveleth?). QS Steel holds minority ownership interests in two Michigan-based joint ventures. Eveleth holds a minority interest in Eveleth Mines LLC (?EVTAC?), a Minnesota-based iron ore mining and pellet producing operation. Rouge Steel holds a 50% interest in Double Eagle Steel Coating Company (?Double Eagle?), a Michigan-based joint venture.
Contact Information
3001 Miller Road
P O Box 1639
Dearborn, Michigan 48121-1639
3133178900
Peer Companies
NAICS Code Rolled Steel Shape Manufacturing: 331221
News & Analysis
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rouge industries inc. - All News and Analysis
Rouge mulls options to deal with money problems.(Review)(Rouge Industries Inc. to refinance principal line of credit)
Dearborn-based steelmaker Rouge Industries Inc. said it "continues to pursue strategic alternatives'' as it tries to refinance its principal line of credit. The company had hoped to refinance that credit line by Sept. 30. Alternatives could include a sale of the company or some of its...
NEW GENERATOR TO RESTORE FULL SERVICE TO ROUGE SITE.
Because of plans changed weeks before the Feb. 1 explosion at the Rouge complex, Rouge Industries Inc. and Ford Motor Co. should have access to permanent, uninterrupted electrical service by July, a year before originally expected. Concerned about general electricity shortages, CMS Energy Corp....
SUPPLY LINE.
Collins & Aikman reorganizes Collins & Aikman Corp. of Charlotte, N.C., is reorganizing into three divisions. The company will divide its automotive carpet, acoustics, plastics and accessory mats business between the new North America Automotive Interior Systems Division in Troy, Mich., and the new...
Steeled for bad news: Rouge Industries' production woes continue.
Rouge Industries Inc. won't release second-quarter 1998 results until late July, but the Dearborn steelmaker already is bracing investors for bad news. Analysts, meanwhile, think Rouge's worries extend far beyond the current quarter. Rouge (NYSE: ROU) issued a warning that its second-quarter results would...
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