Reynolds decided to move the company's headquarters south again. We are delighted that you'd like to resume your subscription. The company continued to offer new products to the marketplace. You have permission to edit this article. 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. 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. Renato graduated from So Paulo University (Brazil) in 2000, with a degree in Electrical Engineering, and earned a Master of Business Administration degree from IbMec University (Brazil) in 2004. 0 Reynolds borrowed $100,000 and in 1919 he purchased a small, one-story building in Louisville, Kentucky, and founded the United States Foil Company (U.S. Foil). Reynolds Group Holdings is 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. Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. The board of directors of Reynolds Metals Co. voted unanimously Sunday to reject Alcoa Inc.'s $5.6 billion offer for the company, but left itself open to a new bid from Alcoa or another suitor. . She was Senior Vice President and General Manager of Aleris North America Rolled Products division from 2012 to 2014, responsible for over 1,800 employees at seven U.S-based aluminum mills. Reynolds Metals constructed and operated an aluminum smelter and cable mill on the Columbia River in Longview, WA from 1941-2001. Reynolds's 25% interest in a Washington smelter and all of Reynolds's The A8's breakthrough is an all-aluminum space frame, designed and built with manufacturing techniques developed by Alcoa. Prior to the separation of Alcoa Inc. into two companies, Molly was Director, Global Shared Services Strategy and Solutions. Reynolds Metals Company produces aluminum and aluminum foil products. 7/21/1945. Compare pay for popular roles and read about the team's work-life balance. He has deep experience leading Alcoas finance function, having overseen for treasury, pension, tax, controllership, financial planning and analysis, audit, investor relations and transformation. Morningstar, Inc. All Rights Reserved. 457 F. Supp. . Copyright (c) 2022 Company-Histories.com. 1000683 American Standard Manufacturing Co. Chicago. learn how over 7,000 companies got started! Privacy Policy. Finally, we can read about how these great companies came about with Company Histories.. All rights reserved. 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. Aluminum bottles are unbreakable, keep beer colder longer, look better and recycle better than glass containers. All times are ET. REYNOLDS METALS COMPANY FOUNDATION (Delaware (US), 24 Jul 1978 - ) REYNOLDS METALS COMPANY, LLC (Delaware (US), 18 Jul 1928 - ) He said work could begin next spring and crews would need two dry seasons to complete the cleanup. NSNfulfillment.com is a leading distributor of Alcoa Reynolds Metals Company hard-to-find NSN parts MS14287E037, military vehicles parts, ground effect vehicles, motor vehicles, trailers, aircraft tire and tubes parts and vehicular equipment and components. The material was moved manually from one floor to another before the finished product was ready for shipment. The 320-foot bridge built in the 1930s was refitted with 22 aluminum deck panels. Founder: Richard S. Reynolds Sr. Alcoa charters a new development organization: Alcoa Foundation. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. Alcoa treats the SPL produced from its U.S. smelters at the Gum Springs, AR, hazardous waste treatment facility . Aluminum is an essential element in powering a global, sustainable economy. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. By providing your email address, you are providing consent to Alcoa to send you the requested Investor Email Alert updates. Get the latest business insights from Dun & Bradstreet. Prior to that, Kelly was Vice President and Treasurer from 2011 to 2012 and started with Aleris in 2010 as Vice President of Global Risk Management in Zurich, Switzerland where she was responsible for managing and executing all aluminum and copper hedging on the London Metal Exchange (LME). As Reynolds Metals entered the 1990s, the company was in the best financial condition in its history. She previously served as the Secretary-Treasurer of the African American Cultural Center, which owns the August Wilson venue in Pittsburgh for the performing arts. He has also held major assignments in the GPP business, including Controller and Operational Excellence Director. [5], In 1958, the company launched the "Designs for Giving" campaign, in which professional artists and designers were hired to create special patterns for gift wrapping. Reynolds Metals pioneered the development of aluminum siding in 1945, and Richard S. Reynolds began predicting a growing demand for additional aluminum during peacetime. In 2010, he received the Chartered Financial Analyst designation from CFA Institute. %%EOF They downloaded fact sheets, newsletter articles, and employee benefits Q&A to help them communicate to employees. From 2008 to 2010, he was General Counsel of Alcoa of Australia located in Perth, Australia. Hart merged his other packaging companies into Reynolds to create Reynolds Group Holdings. In 1994, a pact to scale back production in the next two years among the chief aluminum-producing nations helped Reynolds to achieve strong sales. Alcoa Inc. and Reynolds Metals Company announced today that the U.S. Department of Justice and the European Union have approved their proposed merger and . 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. Before the ink . Sonya is a member of the Alcoa Executive Team, which sets strategic direction for the Company. Alcoa Inc. and Reynolds Metals Company announced today that the U.S. Department of Justice and the European Union have approved their proposed merger and . Suite 500 In 1938 R.S. The consumption of fish or wildlife from contaminated areas is of special concern because of the proximity of the Mohawk Tribal lands (see "Activity and Use Limitations" for current New York state and SRMT consumption advisories). Alcoa conducts operations in 10 countries. St. James Press, 1998. Prior to that she was Director of Metal Risk Management, and Marketing Manager for Alcoa Primary Products. The company also acquired a bauxite mining operation in Arkansas to help feed the smelters. The Reynolds Metals Company capitalized on the persuasive power of aluminum, by re-inventing it in such popular post-war campaigns as "The House of Ease," and "Do-It-Yourself!" [1] After serving as a key material for World War II aircraft frames and ship infrastructures, Reynolds Metals aluminum was re-cast from military to domestic use Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. 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. Subscribe to our emails. In 2019, the Department of Ecology announced a $28 million cleanup at the former Reynolds Metal plant, including excavating and capping contaminated soil onsite and disposing of soil contaminated with petroleum offsite. At one time, the plant employed more than 300 . Earlier, Bill served as Chief Financial Officer of GPP. 691 0 obj <>/Filter/FlateDecode/ID[<9C78213E2CE3C144AB7920A6F7FA9F46><27C37A7FD5E4B04A95E4799C14DA141A>]/Index[673 28]/Info 672 0 R/Length 84/Prev 442865/Root 674 0 R/Size 701/Type/XRef/W[1 2 1]>>stream During the 1960s the company continued to grow and introduce new all-aluminum products for home and industry. Reynolds looked into new products and areas of manufacturing to redeploy its assets, seeking businesses that would provide higher profits and faster growth than those of aluminum. In 1940 Reynolds Metals began mining bauxite (aluminum ore) in Bauxite, Arkansas and opened its first aluminum plant near Sheffield, Alabama, the following year. Alcoa is selected as a component of the Dow Jones Sustainability Index, one of the most highly recognized and long-standing global sustainability indexes. 9 hO. Like most U.S. industrial giants, Reynolds lost sales in the recession of the early 1980s. In 1947, the company released Reynolds Wrap Aluminum Foil. In line with its commitment to recycling, Reynolds set a long-term goal of recycling more plastics each year than it produces. 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. Alcoa's bold $4.4 billion acquisition of Reynolds Metals, its chief rival for most of the 20 th century, delivered a powerful message to Wall Street and the company's worldwide workforce - the potent combination of Alcoa and Reynolds creates a stronger global competitor that is poised to achieve new levels of growth. You did a masterful job of coordinating this project and have been a major contributor throughout. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). . The former Reynolds Metals Company International Headquarters building is in Henrico County, Virginia, near Richmond. Customer Service. The newly purchased Reynolds plant in Kentucky, however, was all on one floor, at ground level. Its RV Aluminaut submarine was operated by Reynolds Submarine Services Corporation.[4]. Contact info: george.cain@alcoa.com Find more info on AllPeople about George Cain and Reynolds Metals Co Inc, as well as people who work for similar businesses nearby, colleagues for other branches, and more people with a similar name . As a leader in consumer aluminum recycling, Reynolds distributes aluminum and stainless steel mill products through a nationwide network of metal service centers. Phone: (518) 358-2272 Fax: (518) 358-3203, Saint Regis Mohawk Health Service Impressive as the wartime figures were, they were dwarfed by postwar demand for aluminum. Major hazardous substances of concern include polyaromatic hydrocarbons (PAHs), aluminum, cyanide, fluoride, and polychlorinated biphenyls (PCBs) from electrical equipment. hUK0+>VvIJJC UAzaxO}&db2j& )y:@{|=2Y$mWv1GyV ;yFvgb ,_c&OdgWl3L/9m6-UYicTIF`(* g`2dPnN-|j6o#}H Source: International Directory of Company Histories, Vol. Please subscribe to keep reading. The statistics refers to days lost due to workplace injury or illness. Portions of the site were contaminated by these activities. Reynolds's World War II production was extensive. Reynolds Metals Company was founded in 1919 by R.S. Working with his sister Julia in a shed attached to the family home in Oberlin, Ohio, chemistry student Charles Martin Hall discovers a way to produce aluminum through electrolysis that drastically reduces its cost. Long-form journalism that analyzes the issues, challenges and opportunities facing the PR business. As consumers, we often take for granted all the hard work that goes into building a great company. Alcoa accepted as a member of the International Council on Mining and Metals (ICMM), an organization focused on enhancing the industrys contribution to society with safe, fair and sustainable practices. . After the Second World War, the sense of aluminum's utility expanded to include its ornamental characteristics. Learn more about the Foundation. 1 Pullman in State semifinals, High School Boys Basketball History: Kobe Parlin sets all-time scoring record for Mark Morris in State quarterfinal win, Renewable fuel faces uncertain future in northern Oregon, Pacific Northwest, NORPAC, WestRock, Castle Rock developers talk updates, Former NFL star Chad Johnson says he saved money by living inside Cincinnati Bengals stadium for 2 years, Talking Business: The Cook's Creations brings treats to Three Rivers Mall, Port finalizes $9M purchase of Skyline Steel building, amends Omega Morgan lease. In this role, Sonya is responsible for global government affairs, community relations, communications, and sustainability in support of the Companys strategic priorities. 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. Reynolds Metals Company appeals from a class-certification order obtained by the plaintiffs in this case, who are former salaried employees of Reynolds ("the plaintiff employees"). 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. Molly is a seasoned financial executive having worked in strategic positions that require a combination of technical accounting, process improvement and technology expertise. Audi is the first to use metal from our revolutionary technology that eliminates all direct carbon dioxide emissions from the traditional smelting process. [13] When Alcoa purchased Reynolds Metals, it shed some non-metals packaging and printing businesses but preserved the Reynolds consumer brand, as well as the Reynolds Kitchens, which are still across the street from the former Reynolds headquarters building. its acquisition of Reynolds 12/31/1982. Renato serves on the board of directors of The Tull Family Theater, a nonprofit, film-based arts organization in the northwest region of Pittsburgh. 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. The introduction of foil revolutionized modern homes. Privacy Policy. 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. No, You Cant Build Here. She is responsible for the Companys finance functions, corporate development, and the global Information Technology and Automated Solutions functions. Roy has served as Alcoas Chief Executive Officer since November 2016 and took on the additional role of President in May 2017. Reynolds Metals Co., 1991. HAL. Key messages stressing the mergers benefits were delivered via the Intranet to 125,000 employees within hours. As of 1980, the company was recycling almost half the number of cans it produced. Prior to joining Alcoa, Tammi held various progressive HR roles with Basell Polyolefins and Network Rail. Taking his son, Richard S. Reynolds, Jr., with him as assistant to the president, the company settled in Richmond, Virginia. Though he failed in his effort to buy the company, losing out to metals giant Alcoa Inc., Lynch is back in the news again. [5] Reynolds marketed aluminum foil as gift wrap, aluminum yarn for Vogue dress patterns, and even extended their advertising strategy to include wrapping their office headquarters in aluminum.[5]. Alcoa purchased Reynolds in 2000 and briefly reopened, then announced in February 2002, that . Included were the first aluminum drill pipe in 1960 and the first aluminum beverage can in 1963, both successful. Prior to the separation of Alcoa Inc. into two separate companies in 2016, Renato was Assistant Treasurer of Alcoa. A total of 4 acquisitions came from private equity firms. They downloaded fact sheets, newsletter articles, and employee benefits Q&A to help them communicate to employees.World-Class Materials Ketchum developed a special edition box of Reynolds Wrap Aluminum Foil, posters, brochures, a wallet card and advertisements to commemorate the event. Principal Subsidiaries: Reynolds Metals Development Company; Southern Reclamation Company; Reynolds Consumer Products, Inc.; Reynolds International Inc. If you experience any issues with this process, please contact us for further assistance. Alex Murdaughs Trial Lasted Six Weeks. She joined Vista Metals in 2015 and was responsible for strategic planning, business development, finance, accounting, and metal risk management for the company. Advertising. alumina refineries. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. ("McCook") commenced an action against Alcoa, Inc., a competitor of McCook in the manufacture and sale of commercial aircraft wing components, in the Northern District of Illi- nois.In that action, McCook alleged that Alcoa interfered with McCook's customer contracts and prospective business advantage in violation of state law, that Alcoa monopolized the relevant . Reynolds Aluminum Supply Co. RASCO is a partner in MetalSpectrum, a metals e-commerce venture announced Tuesday that Alcoa also has a stake . It has received a great deal of praise for its recycling philosophy. The facility now known as Alcoa East was constructed in 1958 for the production of aluminum and closed in 2014. A power line built in 1975 which serves NORPAC, Weyerhaeuser, Nippon Dynawave Packaging and Westlake is also being replaced along Industrial Way, near the former Reynolds Metals site. 3100086. An aluminum smelter and cable mill ran on the property for almost 60 years, leaving contaminants like fluoride and cyanide in the soil, the state says. Former Reynolds Metals site cleanup could begin in 2023; Northwest Alloys razes buildings to plan for development. Reynolds Metals Company leased the plant in June 1946, and purchased it in June 1949. ALCOA Benefits Resources (ALCOA4U Service) or 1-844-312-5262. Here's a rundown on a combined Alcoa-Reynolds Metals and the terms of Alcoa's agreement with the U.S. Department of Justice. Cleanup Site Information. He worked as a project manager for a rail transportation equipment company in Pittsburgh before completing his JD, cum laude, from Duquesne University in 1995. R.S. 00-1333. 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. Reynolds, Jr. was named the company's new president in 1948. In 2016, she returned to Alcoa Inc. in a consulting role to the Finance Department related to the separation transaction. The Reynolds Metals Company was founded in 1919 as the U.S. Foil Company in Louisville, Kentucky, by Richard S. Reynolds Sr., nephew of tobacco king R. J. Reynolds. The worlds first flying machine is powered by an aluminum heart made from Alcoas new metal. ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) under which this service is provided to you. He had also previously served as a board member of AlcoaPrevi, the Alcoa employees pension fund in Brazil. 1978) June 6, 1978. Reynolds built the company's first aluminum foil plant and rolling mill in Louisville, and the Reynolds Metals Company was formed. 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. The city of Cornwall, Ontario, is two miles north of the facility, and the . Alcoa had made a . The company borrowed $15 million and began construction on its first smelting facility, located at Sheffield, Alabama. The company is first incorporated as The Pittsburgh Reduction Company and opens a pilot production facility on Smallman Street. In 1981, the company expanded its recycling capacity with two more facilities. Alcoa will have to sell She also oversees the Alcoa Foundation. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Email notifications are only sent once a day, and only if there are new matching items. Aluminaut's assistance enabled Woods Hole Oceanographic Institution to continue operating its submersible. Jeff is a member of Alcoas Executive Team, which sets strategy for the Company. Thanks to all who contributed As part of this role, he oversaw the Alcoa Foundation, one of the largest corporate foundations in the U.S. During his Alcoa career, Roy has held a variety of operating and financial assignments across the U.S., Europe and Latin America. The work is not part of the state-requested cleanup of contaminated soil, which officials say could begin next spring. 22% of Reynolds Metals Company employees are women, while 78% are men. 10/29/1941. Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders. Permits to start clearing contaminated soil along Industrial Way in Longview could be secured this summer, with cleanup starting in 2023, officials say. An attempt to increase production capacities by 20 percent cost Reynolds an estimated $650 million in the mid-1960s. In 2007, Renato joined Brazil Treasury, where he designed and implemented the funding strategy for the Alumar expansion and the Juruti mining projects. Reynolds invested more than $400 million in Alabama to ensure its position as a world-class producer of aluminum-can stock and can-end stock. [10], In an initiative led by Paul D. Thomas, Reynolds Packaging Group chief executive officer and a former Alcoa executive, on September 21, 2008, Reynolds announced that one of the foil plants that produced Reynolds Wrap, in downtown Richmond, Virginia, would be closed and foil operations moved to Louisville, Kentucky, where Reynolds Wrap first was produced. Reynolds Metals Superfund Site (Alcoa East) The Reynolds Metals Corporation (RMC) Site includes a portion of the St. Lawrence River that borders the RMC facility, The recently-shuttered RMC aluminum production plant is located on the St. Lawrence River, approximately eight miles east of the village of Massena, New York. NEW YORK (CNNfn) - Alcoa Inc. Thursday won the battle to acquire Reynolds Metals Co. for $5.8 billion in stock and debt, but the war may be far from over. Reynolds, nephew of the tabacco giant R. J. Reynolds, in Louisville, Kentucky. reynolds metals company trademarks. Northwest Alloys does not produce aluminum in Longview. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. Alcoa purchased the land from Reynolds Metals that year. Alumina, the basic ingredient used to produce aluminum, is The Reynolds Metals Company is located at 194 County Route 45 in Massena, New York. Discover Alcoan innovations that changed the world. In 1991 new products included a light-weight, stronger composite architectural panel metal for the construction industry. 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. 3 aluminum maker. In 1993, RMC and NYSDEC signed a Consent Order that required RMC to implement the remedy in the ROD. Employee concerns and questions were anticipated and answered by key communicators or via e-mail19 advertisements in local newspapers delivered messages to residents in plant communities.
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