Rogers Corporation

Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.[3]

Rogers Corporation
TypePublic
IndustryAdvanced specialty materials
Founded1832 (1832)
HeadquartersChandler, Arizona, United States
Key people
Colin Gouveia, President and CEO
ProductsAdvanced electronics solutions, Elastomeric material solutions
RevenueUS$971.2 million (2022) [1]
US$116.6 Million (2022) [2]
Websitewww.rogerscorp.com

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[4] and Elastomeric Material Solutions.[5] 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.[6]

In 2011, Rogers purchased German based curamik® Electronics, a manufacturer of power electronic substrates.[7]

In 2016, Rogers announced that it would move its headquarters from the village of Rogers in Killingly, Connecticut, to Chandler, Arizona.[8]

In November 2021, DuPont announced that it intended to acquire Rogers in a deal valued at $5.2 billion.[9] 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.[10][11]

As of 2023, Rogers has locations the United States, China, Germany, Hungary, Belgium, Korea, Japan, Singapore, Taiwan, and the United Kingdom.[12]

Corporate governance
  • Colin Gouveia, President and Chief Executive Officer[13]
  • Ram Mayampurath, Senior Vice President, Chief Financial Officer and Treasurer[14]

Products and technology

Rogers’ Advanced Electronics Solutions business provides advanced material solutions to enable signal integrity, radio frequency (RF) signal management, power efficiency, power distribution and thermal management. This business unit offers products including high frequency laminates, bondplys, prepregs, cooling solutions, ceramic substrates, and busbars.[15]

Rogers’s Elastomeric Material Solutions business provides high performance engineered materials, including PORON® polyurethane foams, BISCO® performance silicones, ARLON® custom silicones, DeWAL™ PTFE and UHMW films and tapes and XRD® extreme impact mitigation materials.[16]

Rogers offers liquid cooling materials designed to dissipate large amounts of heat, and provide thermal management of high-power laser diodes and other heat-generating optical devices. The cooling structures are copper foil channels bonded into a tight block, with aluminum-nitride (AlN) isolation layers added for extra performance.[17][18]

Rogers manufactures PORON® brand industrial microcellular polyurethane.[19][20]

PCB Duroid material

In March 2020 Rogers filed a complaint against ElastaPro for trade secret violations, claiming that this company had unlawfully obtained Rogers' technical formulations and manufacturing knowhow.[21]

References
  1. "Rogers Corporation Reports Fourth Quarter 2022 and Full Year Results". Retrieved 2023-03-06.
  2. "Rogers Corporation Reports Fourth Quarter 2022 and Full Year Results". Retrieved 2023-03-06.
  3. "Rogers Corporation Moves Headquarters from Connecticut to Arizona". www.nbcconnecticut.com. August 9, 2016. Retrieved 2016-09-21.
  4. "Quarterly Results". rogerscorp.com. Retrieved 2021-08-31.
  5. "Rogers Corporation 2020 Fourth Quarter" (PDF). rogerscorp.com. Retrieved 2021-08-31.
  6. "Rogers Corp. Celebrates Grand Opening of Rogers Technologies Suzhou Company in China". www.businesswireindia.com. 27 May 2004. Archived from the original on 2020-07-21. Retrieved 2020-07-21.
  7. "Rogers buys power electronics substrate maker Curamik Electronics | Semiconductor Digest". Retrieved 2022-10-19.
  8. Singer, Stephen. "Rogers Corp. Moving Headquarters After 184 Years In Connecticut". courant.com. Retrieved 2017-08-01.
  9. Cimilluca, Cara Lombardo and Dana (2 November 2021). "DuPont to Buy Rogers for $5.2 Billion, Divest Part of Mobility Unit". Wall Street Journal. Retrieved 2 November 2021.
  10. Bureau, E. T. (2022-10-03). "DuPont and Rogers Announce Update on Pending Merger". EnterpriseTalk. Retrieved 2022-10-15.
  11. "Rogers plunges 40% after Dupont announces it's terminating acquisition(NYSE:DD) | Seeking Alpha". seekingalpha.com. Retrieved 2022-11-01.
  12. "Rogers Corporation Global Locations". Retrieved 2023-03-06.
  13. "Rogers Announces Leadership Transition".
  14. "Rogers Appoints Ram Mayampurath Chief Financial Officer". rogerscorp.com. Retrieved 2021-08-31.
  15. "Rogers Corporation Advanced Electronics Solutions". Retrieved 2023-03-06.
  16. "Rogers Corporation Elastomeric Material Solutions". Retrieved 2023-03-06.
  17. DiGiose, Nicole (7 June 2017). "Rogers Corporation to showcase curamik cooling solutions at Laser World of Photonics Show". Power Electronics News.
  18. "curamik® Cooling Solutions". rogerscorp.com. Archived from the original on 2020-07-21. Retrieved 2020-07-21.
  19. "PORON Microcellular Urethane, Rogers PORON Foam". Stockwell Elastomerics. Retrieved 2022-11-27.
  20. "PORON® Industrial Polyurethanes - Rogers Corporation". www.rogerscorp.com. Retrieved 2022-11-29.
  21. "Rogers Corporation and Diversified Silicone Products Corporation File Complaint to Stop ElastaPro's Misappropriation of Trade Secrets and Unfair Competition". AP News. 2020-03-05. Retrieved 2020-07-21.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.