reynolds metals company alcoa

One market that did show promise, though, was bridge deck replacement, and in 1996 Reynolds renovated the Corbin suspension bridge in Huntingdon County, Pennsylvania. [citation needed]. Four sons of founder Richard S. Reynolds, William G. Reynolds, Richard S. Reynolds Jr., David P. Reynolds, and J. Louis Reynolds, were all part of the running of the business. At Arconic Architectural Products, we amplify the visual impact of building design to make bold ideas even bolder. Do Not Sell, Acceptance of $5.8B offer may not end battle for No. The company began a reorganization during the late 1960s, and separate operating divisions were formed, each of which was responsible for its own profit performance. Gaines said more structures are slated for demolition on the Northwest Alloys site than will remain on the 510 acres. [5], Reynolds Consumer Products went public with an initial public offering on NASDAQ under the ticker symbol REYN on Friday, January 31, 2020. At Alcoa, we promise to treat your data with respect and will not share your information with any third party. We open a world of design possibilities with aluminum . From the beginning of the U.S. space program, Alcoa alloys and propellants help make many space milestones possible, from the first manned flight and the first moon landing to the 1980s Space Shuttle and International Space Station programs. Reynolds Aluminum Supply Co. RASCO is a partner in MetalSpectrum, a metals e-commerce venture announced Tuesday that Alcoa also has a stake . Cowlitz County Public Utility District spokeswoman Alice Dietz said crews are currently replacing a line from the Bonneville Power Administrations Longview substation to Nippon Dynawave Packagings substation. After his return to the United States, taking his cue from what he observed in Germany, Reynolds set about to increase dramatically his own production capacity. Founder: Richard S. Reynolds Sr. Prior to joining Alcoa, Kelly was with Vista Metals Corp, as the Vice President, Finance. Lynch holds on to beleaguered metals empire - Chicago Tribune In 1947, the company released Reynolds Wrap Aluminum Foil. Renato was appointed Executive Vice President and Chief Strategy Officer in February 2022 and was previously Senior Vice President and Treasurer of Alcoa Corporation from November 2019 through January 2022. Learn more about the Foundation. The choice for the new official name is an easy one: "Alcoa," the well-known and popular short name coined first in 1910 as the name of a company town in Tennessee. (Alcoa) and Reynolds Metals Company (Reynolds). In 2000, Reynolds was purchased by Alcoa. Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders. By 1988 Reynolds had cut the number of employees by one-third and reduced by almost 25 percent its production costs, reversing the drain on company profits. Get the latest business insights from Dun & Bradstreet. In this role, Sonya is responsible for global government affairs, community relations, communications, and sustainability in support of the Companys strategic priorities. I am not sure, but I know that the Louisville location is now being referred to as Reynolds Louisville Plant, even though Reynolds Metals no longer exists as a company. R.S. Reynolds Metals Company | Mesothelioma Lawyers Throneberry Law Group Hart later closed five other plants within Reynolds. Privacy Policy. As a leading manufacturer of composite material, pre-painted heavy-gauge aluminum and bonded sheets, we define skylines all over the world with distinctive building faades. Everyone enjoyed reviewing these reminders from our past and generated good conversation. 482 (1978) REYNOLDS METALS COMPANY, a corporation, Plaintiff, v. ALUMINUM COMPANY OF AMERICA, a corporation, and National Can Corporation, a corporation, Defendants. QDRO Preparation for REYNOLDS METALS COMPANY PENSION PLAN FOR HOURLY Site by, Individual Residential Alternatives (IRA), Office of Emergency Management and Safety, Natural Resource Damage Assessment (NRDA), St. Lawrence River Area of Concern at Massena/Akwesasne, Alcoholism/Chemical Dependency Program (A/CDP), Let's Get Healthy - Diabetes Center for Excellence, Mental Health - Kanikonri:ihne (Good Mind Counseling), Home Improvement Supplement Program (HIP), USEPA Fourth Five-Year Review Report for Reynolds Metals Company - St. Lawrence County, NY - 2021, USEPA Third Five-Year Review Report for Reynolds Metals Company - St. Lawrence County, NY - 2016, USEPA Second Five-Year Review Report for Reynolds Metals Company, St. Lawrence County, NY - 2011, Explanation of Significant Differences for the Reynolds Metals Superfund Site (USEPA - 2008), Long Term Monitoring Report Conducted Post-Remedy (Arcadis 2010-2019), USEPA First Five-Year Review Report for Reynolds Metals Company - St. Lawrence County, NY - 2006, USEPA - Reynolds Metals Superfund website. Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982. Reynolds Metals pioneered the development of aluminum siding in 1945, and Richard S. Reynolds began predicting a growing demand for additional aluminum during peacetime. Earlier, Bill served as Chief Financial Officer of GPP. . More than 90% of all alloys currently used in the aerospace industry were developed by Alcoa research. He was 96 . After 128 years of operating as a vertically integrated company, Alcoa separates its mining/refining/smelting and power businesses (retaining the name "Alcoa") from its fabrication businesses that became known as "Arconic.". Reynolds Metals created the first high-speed, gravure-printed foil, aluminum bottle labels, heat-sealed foil bags for foods and foil-laminated building insulation paper. The last tenant of the site was the proposed coal exporter Millennium Bulk Terminals. I. The Reynolds Metals Company facility in Troutdale, Oregon, was a primary aluminum reduction plant. Molly left Alcoa Inc. in 2012 to become Vice President, Finance and Administration for The Pittsburgh Foundation, a non-profit organization that works to improve the quality of life in the Pittsburgh region by evaluating and addressing community issues. Pittsburgh, PA 15212-5858 Union employees with fixed compensation contracts did receive incentive compensation. In addition to responsibility for global treasury activities, Renato also had accountability for Alcoas Corporate Development function, which included evaluating the best uses of the companys capital, sourcing and executing transactions on acquisitions, divestitures and joint ventures. Reynolds Group Holdings - Wikipedia Prior to joining Alcoa, Jeff worked in a private practice as a litigation associate. Alcoa's first aerospace alloy, 2017-T4, is a critical material for building the historic USS Shenandoah rigid airship. Alcoa (F/K/A Reynolds Metals) Phoenix. Finally, we can read about how these great companies came about with Company Histories.. Bill serves on the Board of Directors of the National Association of Manufacturers, the largest industrial trade association in the U.S. and the nations most influential advocate for manufacturing. in tight supply, and the price has nearly doubled since last year. 00-1333. Reynolds Metals Co. on Thursday accepted a sweetened $4.4-billion, all-stock bid from Alcoa Inc., the world's top aluminum producer, swiftly ending a hostile takeover in the long-depressed industry. To save weight, the engine block and crankcase of the Wright Brothers' historic "Flyer" are cast from aluminum supplied by The Pittsburgh Reduction Company. Reynolds Metals Company employees: PE, Maslin, Sabo, Muldoon Before coming to Alcoa, Roy was Corporate Manager of Environmental Affairs at Greenstone Resources Ltd., a gold mining company based in Central America. Richard S. Reynolds Jr. succeeded his father as president in 1948 and under his leadership, the company underwent a major expansion with operations extended to countries around the world such as Venezuela and the Philippines. Video Vision Camera crews filmed Day One events, enabling Ketchum to generate managed media coverage and produce a merger video that was distributed for employee screenings.Its a WrapFull-page advertisements celebrating the merger were placed in media outlets that would reach analysts, investors, shareholders and employees, including The New York Timesand The Wall Street Journal. Before the ink . Furthermore, the company noted that as more and more aluminum is used in automobiles, appliances, building products, packaging items, foil and foil products, and other household goods, there will be more metals entering the recycling stream. Roy has served as Alcoas Chief Executive Officer since November 2016 and took on the additional role of President in May 2017. Subscribe to our emails. reynolds metal company- Aluminum/Al foil,plate/sheet,aluminum alloy Their plan did not work. Reynolds Group Holdings is an American packaging company with roots in the former Reynolds Metals Company, which was the second-largest aluminum company in the United States, and the third-largest in the world. NRD . Around this time, 30,000 workers were employed by Reynolds Metals. The PR industrys most comprehensive listing of firms from every region and specialty. In 1991 new products included a light-weight, stronger composite architectural panel metal for the construction industry. Jeff graduated from Penn State University in 1988, with a degree in Quantitative Business Analysis, and earned a Master of Business Administration Degree from the University of Pittsburgh in 1989. The SRMT tribal lands are divided by the United States and Canadian border and subdivided by Franklin County in New York and the provinces of Ontario and Quebec in Canada. In 1992, Reynolds sold its wire and cable operations, as well as its 84 percent interest in Eskimo Pie. combination, with certain conditions aimed at limiting Pittsburgh-based The Foundation will play a significant role in strengthening sustainability in Alcoa communities worldwide. . In May 1988 Reynolds acquired Presto Products, Inc., a $200-million-a-year producer of plastic bags. Reynolds Metals Co., 1991. In fact, the company recorded annual sales of $13 million in 1930 and moved its corporate headquarters to New York City. 12/31/1982. In 2019, Renato completed the Advanced Management Program 196 at Harvard University. Other end-uses for Reynolds products are aluminum beverage cans, flexible and foodservice packaging, consumer home food managment, transportation, building, and construction. Cleanup Site Information. Reynolds decided to move the company's headquarters south again. Alcoa announced an ambition to achieve net-zero greenhouse gas (GHG) emissions across its global operations by 2050. Printed materials were also available on a CD ROM in any of 11 languages. Saint Regis Mohawk Tribe (SRMT) tribal lands, known as Akwesasne (Land Where the Partridge Drums), are located to the east and Route 37 and the Grasse River are situated to the south and west, respectively. Phone: (518) 358-2272 Fax: (518) 358-3203, Saint Regis Mohawk Health Service During Mr. ONeills 13-year tenure at Alcoa, the number of lost work days per 100 employees fell to 0.2 from 1.86. He was Chief Operating Officer for GPP, where he focused on the day-to-day operations of Alcoa's mining, refining, smelting, castings and energy businesses. Privacy Policy. Alcoa is the largest aluminum company in the United States and the world. At one time, the plant employed more than 300 . Reynolds Agrees to Takeover by Alcoa - Los Angeles Times Prior to the separation of Alcoa Inc. into two separate companies, he was Executive Vice President and President of Alcoa's Global Primary Products (GPP) business from October 2015 to November 2016. Reynolds Metals Company leased, and later bought, six government defense plants that were up for disposal. She also served as Director, Global Procurement Center of Excellence and earlier was Manager, North America Financial Accounting Services. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. under which this service is provided to you. Reynolds Wrap was first made by a Reynolds Metals Company division, Reynolds Packaging, a business created to supply aluminum foil for packaging tobacco. Around the same time, the same process is discovered by chemist Paul T. Hroult of France, and it comes to be known as the Hall-Hroult Process. REYNOLDS METALS COMPANY v. HILL | FindLaw Alcoa - Wikipedia 19. Australia, 50% interest in a refinery in Germany and 100% interest in a William F. (Bill) Oplinger is Executive Vice President and Chief Operations Officer of Alcoa, responsible for the daily operations of the Companys global bauxite, alumina, and aluminum assets. Late in the 1980s the company introduced a line of colored plastic wraps and resealable plastic bags. Get all the articles, experts, jobs, and insights you need. The city of Cornwall, Ontario, is two miles north of the facility, and the . Reynolds metals company | (501) 844-2000 | Malvern, Arkansas Alcoa forms a joint venture known as ELYSISTM to commercialize a revolutionary smelting technology that Alcoa invented that eliminates all greenhouse gas emissions, instead producing pure oxygen. Prior to the separation of Alcoa Inc. into two independent, publicly-traded companies, Jeff served as Assistant General Counsel for Alcoa Inc. and as an Assistant Officer of the company. Metals/mining Company. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. The Personal Touch A whirlwind three-stop Day One tour by top executives, who met with hundreds of employees at Alcoas headquarters in Pittsburgh, Pa., at the Reynolds Metals HQ in Richmond, Va., and at Reynolds facility in Massena, N.Y. In 1980, 51 percent of its Jamaican assets and operations and all of its Jamaican land holdings were sold to the Jamaican government. FOIL DISTRIBUTING COMPANY (trading name) REYNOLDS ALUMINUM RECYCLING COMPANY (trading name) . Prior to the separation of Alcoa Inc. into two separate companies in 2016, Renato was Assistant Treasurer of Alcoa. Aluminum bottles are unbreakable, keep beer colder longer, look better and recycle better than glass containers. Natural Resource Damage Assessment and Restoration Program, Portland, OR | (503) 231-6179 | http://www.fws.gov/oregonfwo/, If you have any problems, suggestions, or comments about our website please notify DOINRDAR@ios.doi.gov. [3] In addition, the company has a metal supply system with operations in bauxite mining, alumina refining, and primary and reclaimed aluminum production. Hart merged his other packaging companies into Reynolds to create Reynolds Group Holdings. State of Oregon: Department of Environmental Quality By repurposing military by-products into consumer goods, aluminum was now being marketed for its decorative appeal as well, creating a product of both functional and eye-catching qualities. Alcoa works with Pittsburgh Brewing's iconic Iron City Beer brand to launch the first aluminum bottle to the North American beer industry. Reynolds fortunes were greatly improved by the discovery of gold at one of the company's bauxite properties in Australia in 1986. Alcoa Corporation - Governance - Executive Team Suite 500 Even with smaller cans, recycling them and other aluminum products was achieving record levels. Aluminum is an essential element in powering a global, sustainable economy. Alcoa's largest acquisition to date was in 2000, when it acquired Reynolds Metals for $4.5B. and/or its affiliates. Alcoa will have to sell Gaines said the company earns profits by warehousing materials and transloading for nearby businesses. Tammi joined Alcoa Inc. in 2006 as HR Director, UK & Ireland for the Building & Construction Systems business and has served in a variety of HR positions over the course of her Alcoa career, including HR Director, Europe Building & Construction, HR Director for Alcoa Wheels and Transportation Products, and HR Director, Aluminum. Cleanup of Reynolds Metals Company, Massena, NY | US EPA A WarnerMedia Company. The U.S. Department of Justice and the European Commission approved the In 1935 Reynolds developed a method of printing on aluminum foil, employing the rotogravure process, which enabled the company to expand quickly into other aluminum foil packaging markets. He later moved to Brazil as casthouse manager in the So Luis smelter and then as the plant controller. Former Reynolds Metals site cleanup could begin in 2023; Northwest The company continued to offer new products to the marketplace. In 1996, another can-making plant was closed in Houston, Texas, but the modernization of a plant in Torrance, California, neared completion with the number of manufacturing lines reduced from six to three. From November 2016 to November 2019, Renato was Vice President and Treasurer. [1][2] Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. reynolds metals co- Aluminum/Al foil,plate/sheet,aluminum alloy 673 0 obj <> endobj 12/31/1982. He was the last member of his family to head the company and would retire as chairman. Working At Reynolds Metals Company - Zippia Reynolds' Metals was acquired by Alcoa in 2000, and the 35-acre former headquarters campus and buildings were picked up by the University of Richmond in 2001 for a mere $8 million. All rights reserved. Morningstar: 2018 Washington State Department of Ecology spokesman Dave Bennett said the U.S. Army Corps of Engineers could OK cleanup permits in the next few months to clear contaminated soil at Northwest Alloys, the former Reynolds Metals site. In 2000, the plant was temporarily shut down. Reynolds Group Holdings was a New Zealand based packaging company with roots in the former Reynolds Metals Company, which was the second-largest aluminum company in the United States, and the third-largest in the world.Reynolds Metals was acquired by Alcoa in June 2000. If you experience any issues with this process, please contact us for further assistance. lifetime. Create an Account and Draft a QDRO for This Plan. Employees: 126,700. With the end of World War II, the company focused its direction on consumer goods and construction. US District Court for the Northern District of Indiana - 457 F. Supp. By the end of World War II, Reynolds had increased the company's production capacity to more than 450 million pounds. Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. At the time, most foil was manufactured in tall, multi-storied buildings. You must click the activation link in order to complete your subscription. Reynolds's leadership came under criticism from the financial community, particularly for what was perceived as the Reynolds family having too much control over the company. In 2010, he was named Corporate Finance Manager in Sao Paulo, leading the corporate controllership, corporate treasury, capital expenditure and internal control areas for Latin America and Caribbean region. [1] [2] Contents. However, when Reynolds Metals developed the world's first aluminum submarine, the Aluminaut, the experimental product participated in a key rescue. By using its well-established marketing, sales, and distribution organizations, Reynolds was able to add new products without increasing employment. Controlling Company ALCOA CORPORATION Alternative Names. Molly obtained a BS degree in Business Administration, Accounting from Duquesne University in Pittsburgh. The facility now known as Alcoa East was constructed in 1958 for the production of aluminum and closed in 2014. The Reynolds Metals Company opened its Massena aluminum reduction plant in 1958, on the bank of the St. Lawrence River, near the near the Massena-Cornwall International Bridge. Company History: The largest aluminum manufacturer in the world, Alcoa Inc. produces aluminum and alumina for automotive, aerospace, commercial transportation, construction, packaging, and other markets. All rights reserved. Prior to the separation of Alcoa Inc. into two publicly-traded companies in 2016, Bill had been Executive Vice President and Chief Financial Officer, a position he assumed in 2013. After the Second World War, the sense of aluminum's utility expanded to include its ornamental characteristics. 2021 You can enable targeting cookies on our Cookie Policy page. * Its RV Aluminaut submarine was operated by Reynolds Submarine Services Corporation.[4]. Reynolds Metals was acquired by Alcoa in June 2000. Alcoa works with the Pittsburgh Brewing Company to introduce easy-open aluminum pull tabs on cans of Pittsburgh Brewing's Iron City beer. HAL. A century later, 2017-T4 is still used for aircraft sheet and plate. On a hill overlooking the Allegheny River and Alcoa's production facility along its banks in Pittsburgh, the company builds a campus-like facility dedicated to finding new aluminum applications, testing its performance and improving production processes. 22% of Reynolds Metals Company employees are women, while 78% are men. The 1,600-acre former Reynolds Metals Facility is located on the St. Lawrence River, approximately eight miles east of the village of Massena, New York. Alcoa is selected as a component of the Dow Jones Sustainability Index, one of the most highly recognized and long-standing global sustainability indexes. All-aluminum car bumpers were in use in 1973. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. The production equipment was, therefore, installed in long rows, which eliminated the need for the expensive transporting of the product. It was in turn leased to Philip Morris USA in 2003 and later joined by parent company Altria in 2008. Hazardous Waste Cleanup: Reynolds Metals Company in Massena - US EPA At Alcoa, we believe our legacy is our call to action. Reynolds, a former law student and nephew of R.J. Reynolds, one of the first U.S. tobacco barons. Reynolds recycled 584 million pounds of aluminum, including more than 11 billion aluminum beverage cans, and nearly 228 million pounds of non-can aluminum scrap in 1996 alone. It has received a great deal of praise for its recycling philosophy. any form or medium without express written consent of NRDAR is Strictly Prohibited. Today, because of innovations like the pull tab, and because of aluminum's recyclability, the canned beverage market is virtually 100% aluminum. Our strategic priorities of Reduce Complexity, Drive Returns and Advance Sustainably have made Alcoa a strong company, allowing us to succeed throughout the commodity cycles and innovate for a sustainable future. In the early 1980s, David Reynolds and William Bourke, a former Ford Motor Company vice president and now Reynolds's chairman and CEO, realized that Reynolds's upstream costs--for mining, smelting, and refining--were cutting into downstream profits on finished goods, like aluminum foil and cans. 0 Cable News Network. The site received 20,702 total hits, registering orders for or downloads of more than 10,000 brochures, 3,700 wallet cards, 2,700 posters, 47 printer-ready CDs in 11 different languages, and 200 employee videos. Reynolds developed aluminum siding for the booming postwar housing market. 457 F. Supp. She also established the Companys privacy office in response to the implementation of GDPR. McCook alleged that Alcoa interfered with McCook's customer contracts and prospective business advantage in violation of state law, that Alcoa monopolized the . Portions of the site were contaminated by these activities. In this capacity, he has advised on a variety of acquisition, divestiture and greenfield development projects, including the divestiture of the global Alcoa World Chemicals business segment, and the negotiation of development projects with the governments of Iceland, Ghana and Suriname. In 2010, he received the Chartered Financial Analyst designation from CFA Institute. 71 Margaret Terrance Memorial Way Tammi is a Fellow of the Chartered Institute of Personnel and Development and obtained a Master of Arts degree in Human Resources and Strategy (2004) and a Global Masters in Business Administration from Manchester Business School (2010). Molly is a seasoned financial executive having worked in strategic positions that require a combination of technical accounting, process improvement and technology expertise. Built 65years ago, is a Modernist building designed by the architect Gordon Bunshaft of Skidmore, Owings & Merrill. Ethical rating of Reynolds Metals Co. , group ALCOA (Aluminum Company Of America) and subsidiaries Labor 2 Jobs-27% /1998 Pollution 1 Fraud 1 Offshore 8 Sales 31 Bn $. /year Profit 12 Bn $. /1998 Wage 433 *min. Reynolds Metals was acquired by Alcoa in June 2000. After spending several years in the tobacco business working for his uncle, R.S. %%EOF We see them around but we don't know what goes on behind the scenes. All the lifting and transferring of raw materials was a costly and inefficient way to manufacture foil. In addition to its environmental advantages, recycled aluminum requires only five percent of the energy that would be used to produce aluminum from virgin materials.