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.

The Renco Group measures its operating companies by more than their financial successes. Many Renco Group-affiliated companies operate in industries that, though they supply minerals and materials crucial to our daily lives, have the potential to impact the environment and communities that surround them. The Renco Group is committed to ensuring that each of its companies has environmental responsibility as a top priority.

The Renco Group's philosophy is to encourage each of its companies to comply strictly with all applicable government and industry standards in every step of operation. But the Renco Group doesn't stop there. Through investment in innovative technologies, careful management of resources, and recycling and reclamation practices, we have encouraged our companies to consistently and continually reduce environmental impact to a degree that exceeds that required by law. As an example, US Magnesium, LLC has invested more than $200 million in the development and installation of new technology, reducing emissions by as much as 75 percent.

In addition to working to protect and improve the communities in which they operate, Renco Group-affiliated companies strengthen local economies, providing employment for more than 10,000 people in the United States and overseas.