8-K

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                             ----------------------


                                    FORM 8-K
                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                Date of Report (Date of Earliest Event Reported):
                                  June 26, 2007

                               ROGERS CORPORATION
               (Exact name of Registrant as specified in Charter)

            Massachusetts                 1-4347                  06-0513860
   (State or Other Jurisdiction of  (Commission File Number)  (I.R.S. Employer
           Incorporation)                                    Identification No.)

One Technology Drive, P.O. Box 188, Rogers, Connecticut 06263-0188
              (Address of Principal Executive Offices and Zip Code)

                                 (860) 774-9605
              (Registrant's telephone number, including area code)

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)

         Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_| Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))

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Item 2.05         Costs Associated with Exit or Disposal Activities

On June 26, 2007, Rogers Corporation (the Company) committed to a plan to
restructure its workforce and reduce other related costs. The plan calls for a
significant company-wide employee reduction intended to streamline operations.
Together with the plan announced on June 13, 2007 related to the employee
reduction in the Company's Custom Electrical Components reporting segment, the
total cash severance charge is expected to be approximately $3 million. The
Company is currently assessing the impact of the related severance costs on the
second quarter 2007 earnings in accordance with Statement of Financial
Accounting Standards (SFAS) No. 146, Accounting for Costs Associated with Exit
or Disposal Activities, and SFAS No. 112, Employers' Accounting for
Postretirement Benefits, and will provide this information when it is available.

A copy of the press release issued by the Company on June 27, 2007 announcing
the restructuring is filed as Exhibit 99.1 to this Form 8-K and is incorporated
herein by reference.

Item 2.06         Material Impairments

As a result of increased global competition and price pressure driven by over
capacity in the flexible circuit materials market, on June 26, 2007 the Company
determined that it currently expects to take a non-cash impairment charge in the
second quarter of 2007 related to the write-down of certain assets within the
Company's Printed Circuit Materials reporting segment. These assets currently
have a book value of approximately $7 million, and are comprised of land, a
building, equipment and inventory. The Company, with the assistance of an
independent third party valuation specialist, is currently performing a complete
valuation analysis on these assets in accordance with SFAS No. 144, Accounting
for the Impairment or Disposal of Long-Lived Assets, and will provide this
information when it is able to make a determination of such estimate or range of
estimates of the impairment charge.

It is not anticipated that the impairment charge will result in future cash
expenditures by the Company.

A copy of the press release issued by the Company on June 27, 2007 announcing
the expected impairment charge is filed as Exhibit 99.1 to this Form 8-K and is
incorporated herein by reference.

Item 7.01         Regulation FD Disclosure

On June 27, 2007, the Company also announced an update to its second quarter
2007 guidance. A copy of the press release is furnished as Exhibit 99.1 to this
Form 8-K.

The press release contains non-GAAP financial measures. For purposes of
Regulation G, a non-GAAP financial measure is a numerical measure of a
registrant's historical or future financial performance, financial position or
cash flows that excludes amounts, or is subject to adjustments that have the
effect of excluding amounts, that are included in the most directly comparable
measure calculated and presented in accordance with GAAP in the statement of
income, balance sheet or statement of cash flows (or equivalent statements) of
the issuer; or includes amounts, or is subject to adjustments that have the
effect of including amounts, that are excluded from the most directly comparable
measure so calculated and presented. In this regard, GAAP refers to generally
accepted accounting principles in the United States. At this time, the
Registrant can not provide the required reconciliations within the earnings
release of the non-GAAP financial measures to the most directly comparable GAAP
financial measures, as the potential impairment charges resulting in the
non-GAAP financial measures are not known to the Company as of the time of this
filing. These reconciliations will be included in future filings when these
amounts, or a range of these amounts, become determinable.



References to non-GAAP earnings per share (excluding the potential effect of the
aforementioned potential impairment charges) are included in the earnings
release because management believes that diluted earnings per share, excluding
the effect of the potential impairment charges, is a measure that should be
presented as it is useful to investors. Management believes that the following
should be considered when evaluating these non-GAAP financial measures:

o    Rogers reviews the operating results of its business excluding the impact
     of any asset impairment because it provides an additional basis of
     comparison. The Company believes that these events are unusual in nature,
     and would not necessarily be indicative of ongoing operating results. As a
     result, management believes that excluding such charges is useful in
     comparing past, current and future periods.

o    Asset impairments principally represent adjustments to the carrying value
     of certain assets and do not typically require a cash payment.

o    While asset impairments are typically material, they are generally
     considered to be outside the normal operations of a business.

o    Corporate management is responsible for the initial and ongoing investments
     and for making decisions about asset impairment and related charges on
     those investments.

The non-GAAP financial measures included in the earnings release will be
reconciled to the comparable GAAP results when these amounts are known and such
reconciliations will be posted on the Registrant's website at
www.rogerscorporation.com.

The information furnished in this report in this Item 7.01 and the Exhibit
attached hereto shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that Section, nor shall such information be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended, except
as shall be expressly set forth by specific reference in such filing.



Item 9.01         Financial Statements and Exhibits

(c)      Exhibits

Exhibit No.                                 Description
- -----------                                 -----------

99.1                 Press release, dated June 27, 2007, issued by Rogers
                     Corporation (filed herewith pursuant to Items 2.05 and 2.06
                     and furnished herewith pursuant to Item 7.01).

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                      ROGERS CORPORATION


                                      By:  /s/ Dennis M. Loughran
                                           ----------------------
                                           Dennis M. Loughran
                                           Vice President, Finance and
                                              Chief Financial Officer

Date:  June 27, 2007

EX-99.1

                                                                    Exhibit 99.1

                          Rogers Corporation Announces
          Additional Restructuring and Updates Second Quarter Guidance

    ROGERS, Conn.--(BUSINESS WIRE)--June 27, 2007--Rogers Corporation
(NYSE:ROG) today announced further restructuring, in addition to the
actions related to its Custom Electrical Components segment previously
reported on June 13, 2007. The Company stated it has taken a number of
measures to reduce costs, including a company-wide reduction in
employees intended to streamline the business and a number of other
initiatives aimed at further reducing expenses and improving
operations. Also, related to the decreased production at one of its
Printed Circuit Materials segment facilities, the Company may incur an
additional non-cash impairment charge related to certain underutilized
assets. The Company is revising guidance for the second quarter of
fiscal 2007 and will hold a conference call for investors today at
4:00PM to discuss these items. A Q&A session will immediately follow
management's comments.

    Rogers currently projects second quarter net sales of $95 to $97
million, compared to the May 2, 2007 guidance of $102 to $106 million.
The sales decline is primarily due to decreased sales within both the
Custom Electrical Components and Printed Circuit Materials reporting
segments. As mentioned in the June 13, 2007 release, the Durel
Division, part of the Custom Electrical Components reporting segment,
is subject to asset impairment due to a significant reduction in
current and forecasted future sales. In addition, sales of flexible
circuit materials have decreased due to on-going commoditization of
cell phone flexible circuit materials. Non-GAAP earnings for the
second quarter, excluding any impairment charges and the severance
expenses discussed below, are expected to be between $0.16 and $0.19
per diluted share versus the previous guidance of $0.45 to $0.49 per
diluted share.

    The Company cannot at this time reconcile the non-GAAP financial
measures to the most directly comparable GAAP financial measures, as
the potential impairment charges resulting in the non-GAAP financial
measures are not known to the Company at this time.

    As previously announced on June 13, 2007, the Company is
restructuring its Custom Electrical Components reporting segment's
Durel Division, which manufactures electroluminescent (EL) lamps, and
is expected to incur a non-cash impairment charge this quarter. The
total assets included in the restructuring analysis, including land, a
building, equipment, unamortized technology licenses, and inventory,
have a book value of approximately $24 million. The Company now
expects to incur an additional non-cash impairment charge related to
its flexible circuit materials product line, which is included in the
Printed Circuit Materials reporting segment. Flexible circuit
materials, which are used in a variety of consumer electronic
products, have been transformed into a commodity product with
increased global competition and price pressure driven by over
capacity. Rogers believes this condition is not temporary and as a
result, some of its assets are potentially subject to impairment.
These assets currently have a book value of approximately $7 million
and are comprised of land, a building, equipment and inventory. All
impairment evaluations are expected to be completed within the next
month and associated charges will be included in the Company's second
quarter earnings results.

    Considering the impact of the reduced sales, the Company evaluated
its overhead structure and costs and has reduced staffing accordingly.
The total cash severance expense associated with this restructuring is
expected to be about $3 million, and is also expected to impact second
quarter GAAP earnings.

    The Company also plans to dispose of its polyolefin foam operation
and this is not expected to incur any material gain or loss for the
Company. The Company expects to complete this transaction during the
third quarter.

    Robert D. Wachob, Rogers' President and CEO, commented, "Rogers
businesses have long been subject to the ebbs and flows of business
trends and cycles. Unfortunately, the speed of our success with our EL
cell phone products comes with an almost equally speedy decline. Due
to the magnitude of the sales decline, we are making some significant
changes to reduce expenses. By the end of 2007, we expect to decrease
payroll expenses by approximately $18 million due to the elimination
of approximately 300 hourly and 100 salaried positions. The result of
these difficult actions positions Rogers to return to reasonable
levels of profitability while preserving our ability to grow."

    Mr. Wachob concluded, "Our core strategic businesses both in
Printed Circuit Materials and High Performance Foams continue to
perform in line with our expectations, and we have more new products
in various stages of deployment than ever in our history. In addition,
we are fully committed to our new business development strategy of
seeking out new products and new markets and have preserved almost all
of our new product development pipeline. Our Thermal Management
Solutions (TMS) business is currently installing equipment and we
expect sales in 2008. Recently, we announced a joint development and
option to buy agreement with Optodot, with the potential to develop a
superior membrane for lithium-ion batteries. TMS started with a
similar single agreement and has grown to encompass several agreements
and a family of products; it's an example of where our future
stand-alone reporting segments may come from. In summary, we have
taken the necessary actions to return to reasonable profitability in
the near term. We remain committed to achieving our long-term growth
targets through developing new products, entering new markets and
maintaining our technology leadership position."

    To participate in today's 4:00PM conference call, please call:
1-800-574-8929 toll-free in the United States and 1-706-634-1907
internationally. There is no pass code for the live teleconference.
For playback access, available through 11:59PM (Eastern Time) July 5,
2007, please call: 1-800-642-1687 in the United States and
1-706-645-9291 internationally. The pass code for the audio replay is
5119382. The call will also be webcast live in a listen-only mode. The
webcast may be accessed through links available on the Rogers
Corporation Web site at www.rogerscorporation.com. Replay of the
archived webcast will be available on the Rogers Web site beginning
two hours following the webcast.

    Rogers expects to report its fiscal second quarter results on
August 1, 2007 and hold its quarterly earnings conference call on
August 2, 2007.

    Rogers Corporation, headquartered in Rogers, CT, U.S.A., develops
and manufactures high-performance specialty materials, which serve a
diverse range of markets including: portable communication devices,
communication infrastructure, consumer products, computer and office
equipment, ground transportation, and aerospace and defense. Rogers
operates manufacturing facilities in Connecticut, Arizona, and
Illinois in the U.S., in Gent, Belgium, in Suzhou, China, and in
Hwasung City, Korea. Sales offices are located in Belgium, Japan,
Taiwan, Korea, China, and Singapore.

    Safe Harbor Statement

    Statements in this news release that are not strictly historical
may be deemed to be "forward-looking" statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are based on management's current
expectations and are subject to the many uncertainties that exist in
the Company's operations and environment. These uncertainties, which
include economic conditions, market demand and pricing, competitive
and cost factors, rapid technological change, new product
introductions, legal proceedings, and the like, are incorporated by
reference from the Rogers Corporation 2006 Form 10-K filed with the
Securities and Exchange Commission. Such factors could cause actual
results to differ materially from those in the forward-looking
statements. All information in this press release is as of June 27,
2007, and Rogers undertakes no duty to update this information unless
required by law.

    CONTACT: Rogers Corporation
             Debra Granger, 860-779-5596
             Vice President Corporate Compliance and Controls
             Fax: 860-779-5509
             debra.granger@rogerscorporation.com
             Rogers' Web site: www.rogerscorporation.com