Rogers makes high-performance specialty materials and components for electronics, automotive, industrial, aerospace, and defense applications. Rogers operates two segments: Advanced Electronics Solutions (AES) and Elastomeric Material Solutions (EMS). AES produces specialty circuit laminates and PCB materials for radar, ADAS, and wireless infrastructure, along with ceramic power substrates (curamik) and laminated busbars (ROLINX) used in EV/HEV power electronics and industrial motor drives. EMS produces polyurethane foams (PORON), silicone materials (BISCO), and fluoropolymers (DeWAL, ARLON) for cushioning, sealing, and vibration management in EV battery packs, portable electronics, aerospace, and medical devices. Rogers sells primarily to OEMs and component fabricators across North America, Europe, and Asia through a direct technical sales force, serving approximately 2,800 customers with no single customer exceeding 10% of sales. Rogers' core commercial strategy is embedding engineers with OEM design teams to win design-in specifications — once specified, Rogers materials tend to remain for the life of a platform, creating recurring revenue. Rogers earns a premium over commodity alternatives, with profitability heavily driven by factory utilization given significant fixed manufacturing costs. Rogers pursues a "local-for-local" manufacturing strategy across its global facility network. Key growth priorities include ramping a new curamik power substrate facility in Suzhou, China for the local EV market, pursuing data center thermal and signal integrity opportunities, and continued ADAS growth.