RENCO has been a pioneer in developing next generation new technologies and ideas, spearheading advancements in the renewable composite products industry for over two decades, providing patented and patent pending innovative and state of the art solutions for a variety of industries, with main focus on manufacturing and supplying of construction related renewable composite products. Renco delivers top-notch products that increases the efficiency of the spaces in terms of functionality. Renco products do not require high maintenance. Any commercial space could easily be shaped with Renco.
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 enable our operating subsidiaries to experience strong financial returns, by retaining highly skilled and experienced management teams with attractive incentives, and through capital support. 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.
Restoration means that PBGC returns the plan to the former plan sponsor, the employer, as an ongoing pension plan. After the plan is restored, the sponsor assumes responsibility for paying current and future retirees their benefits, and those benefits are no longer subject to the legal limits on what PBGC may pay. Renco was the parent company of RG Steel. But because RG Steel has liquidated in bankruptcy, the settlement provides that Renco will then take control of the two plans and become the plans' sponsor and administrator.
Renco Electronics is an electronics manufacturer based in Rockledge, Florida. With facilities in the US and China , Renco makes transformers , inductors , chokes and coils. Renco Electronics, Inc.