What is the Renco Group?
The Renco Group is a privately owned holding company whose affiliated companies are in the mining, mineral recovery, metals production, and automotive assembly and fleet support industries.
What is the Renco Group's management structure, and what role does the Renco Group play in the day-to-day operations of its subsidiaries?
The Renco Group's headquarters in New York City houses an executive team that makes Renco's investment decisions. Each company affiliated with the Renco Group has its own executives who are responsible for all management and long-term planning.
Is there any financial relationship between the Renco Group's affiliated operating companies?
No. Each affiliated operating company controls its own finances and is a profit center independent from the other companies. Financial performance, market condition and legal actions at one company have no impact on the Renco Group's other companies.
How does the Renco Group's corporate management benefit its affiliated companies?
The Renco Group offers years of general management and investment experience for its companies to draw on. The Renco Group provides the access to capital markets that the individual companies need to raise funds for improvements.
What is the environmental record of the Renco Group's affiliated companies?
Under the Renco Group's ownership, each of its affiliated companies has improved upon the environmental record it had under previous ownership. Improving the environment is an integral part of the Renco Group's philosophy; improvements in environmental emissions and recycling promote efficiencies throughout the business. Outside groups, like the Environmental Defense Fund, have found Renco Group-affiliated companies to be exemplary corporate citizens. For more information, please see the Reducing Environmental Impact section of our website.
What is the employee safety record of the Renco Group's affiliated companies?
Groups across the United States have recognized the Renco Group's affiliated companies for their exemplary safety records. Renco Group-affiliated companies continually take steps to improve the well-being of their employees. This is reflected in declining lost-worker time at the Renco Group's affiliates. For more information and statistics on the Renco Group's affiliated companies' workplace safety record, please refer to the Commitment to Workplace Safety section of our website.
What relationship do the Renco Group's affiliated companies have with the communities in which they operate?
Renco Group-affiliated companies contribute to local economies by providing job opportunities and financial support. Other efforts have included sponsoring educational initiatives and hosting town meetings designed to help community members better understand the local operations and have their voices heard. Each company works aggressively to protect and improve the health of community residents by operating in an environmentally responsible manner. The Renco Group's philosophy is to encourage its companies to live up to these standards. For more information, please see the Community Commitment section of our website.
What awards and recognition have the Renco Group and its subsidiaries received for their environmental efforts?
Many of the Renco Group-affiliated companies have been recognized for their environmental performance. US Magnesium and Unarco have each been honored by their local governments for commendable environmental conduct. Facilities at The Doe Run Resources Corporation and at Doe Run Peru S.R.L. are certified under the exacting ISO 14001 standards. The Renco Group's affiliated companies are and have been environmental leaders in their respective industries. For more information, please see the Environmental Achievements and Awards section of our website.
Whom can I contact for more information on the Renco Group?
For more information, please contact Chris Deri at (212) 704-4520. For our corporate contact information, please see our Contact Us page.
|