Rogers Corporation

#3213

Rank

$3.2B

MarketCap US

US United States

Country

Summary
Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, telematics and thermal solutions, aerospace and defense, mass transit, clean energy, connected devices, and wired infrastructure markets. This segment sells its products under the curamik, ROLINX, RO4000, RO3000, RT/duroid, CLTE Series, TMM, AD Series, DiClad, CuClad Series, Kappa, COOLSPAN, TC Series, 92ML, IsoClad, MAGTREX, XTremeSpeed RO1200, IM Series, 2929 Bondply, 3001 Bondply Film, and SpeedWave names. The EMS segment provides engineered material solutions, including polyurethane and silicone materials used in cushioning, gasketing, sealing, and vibration management applications; customized silicones used in flex heater and semiconductor thermal applications; and polytetrafluoroethylene and ultra-high molecular weight polyethylene materials used in wire and cable protection, electrical insulation, conduction and shielding, hose and belt protection, vibration management, cushioning, gasketing and sealing, and venting applications. This segment sells its products under the PORON, BISCO, DeWAL, ARLON, eSORBA, Griswold, XRD, Silicone Engineering, and R/bak names. The Other segment provides elastomer components; and elastomer floats for level sensing in fuel tanks, motors, and storage tanks for applications in the general industrial and automotive markets under the ENDUR and NITROPHYL names. Rogers Corporation was founded in 1832 and is headquartered in Chandler, Arizona.

History

In 1832, the company was founded by Peter Rogers as Rogers Paper Manufacturing Company. Today, the company is composed of two business segments: Advanced Electronics Solutions and Elastomeric Material Solutions. The company was listed on the New York Stock Exchange in April, 2000.

In 2004, Rogers started Rogers Technologies Suzhou Company Ltd, a wholly owned subsidiary, located in Suzhou, China. Rogers opened its first Suzhou facility in 2002, adding manufacturing capability for their roller and high-frequency laminate products. A second manufacturing facility opened in 2003.In 2011, Rogers purchased German based Curamik Electronics, a manufacturer of power electronic substrates.In 2016, Rogers announced that it would move its headquarters from the village of Rogers in Killingly, Connecticut to Chandler, Arizona.In November 2021, DuPont announced that it intended to acquire Rogers in a deal valued at $5.2 billion. The deal has been approved by all the necessary regulators save for the People's Republic of China's State Administration for Market Regulation. Due to the long delay that Chinese authorities presented, DuPont terminated the acquisition of Rogers and agreed to pay a termination fee of $162.5 million USD.


Vision
Rogers will be a High-Growth technology leader delivering Innovative Materials Solutions that enable Customers to Power, Protect and Connect Our World.

Key Team

Mr. Michael M. Ludwig (Transitional Exec. Officer)

Mr. Jonathan J. Rowntree (Sr. VP & GM of Advanced Electronics Solutions)

Mr. Randall Colin Gouveia (Sr. VP & GM of Elastomeric Material Solutions)

Mr. Mark D. Weaver (Chief Accounting Officer & Corp. Controller)

Mr. Robert C. Daigle (Sr. VP & CTO)

Stephen Haymore (Director of Investor Relations)

Mr. Jay B. Knoll (Sr. VP of Corp. Devel., Gen. Counsel, Chief Sustainability Officer & Sec.)


Recognition and Awards
Named one of Forbes’ Most Innovative Growth Companies for 2017, and a leader in the Dow Jones Sustainability Index

References
Rogers Corporation
Leadership team

Mr. Bruce D. Hoechner (Pres, CEO & Director)

Mr. Ramakumar Mayampurath (Sr. VP, CFO & Treasurer)

Mr. Peter B. Williams (Sr. VP of Global Operations & Supply Chain)

Products/ Services
Electronics, Industrial, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Rogers, Connecticut, United States
Established
1832
Company Registration
SEC CIK number: 0000084748
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
ROG
Social Media
Sun Mar 03 2024
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