Renco Group

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Renco Group is a holding company controlled by Ira Rennert. It owned AM General, maker of the Hummer SUV, until a recent deal handed control to Rennert's neighbor, Ronald Perelman. Another Renco subsidiary, U.S. Magnesium, is accused of polluting the Great Salt Lake, and other Renco companies are accused of pollution in Missouri. The Renco Group owns mills and mines around the United States and in South America. Pollution problems at the company's properties have sparked public outcries, environmental lawsuits, and hundreds of millions of dollars in environmental penalties and fines.