hb```f``d$30 P(q4$@6gFU+ 2000: Alcoa acquires Reynolds Metals Company for $5.8 billion. 12% of Reynolds Metals Company employees are Hispanic or Latino. Discover Alcoan innovations that changed the world. Why Barnes & Noble Is Copying Local Bookstores It Once Threatened, What Floridas Dying Oranges Tell Us About How Commodity Markets Work, Alex Murdaugh Sentenced to Life in Prison, Watch: Retired Army Col. Paris Davis Awarded Medal of Honor. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. 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 company was founded by R.S. Salaried employees have since received pay adjustments. 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. Reynolds chose the location because of the abundant supply of competitively-priced hydropower and next-door customer General Motors. Metals/mining Company. 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. The ads were designed to reinforce the key messages of the global communications materials, boost employee pride and send a message of optimism to Wall Street. Alcoa had made a . 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. Six months later, the Aluminum Company of America (Alcoa) produced the first lightweight metal at the plant that would be used to fabricate World War II airplanes. Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but . [1][2] Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. Active worldwide in all major elements of the industry, Alcoa's operations . Sign up to Stock Advisor for $79 for 1 year, Save 15% on orders of $100+ with Kohl's coupon, The Tax Play That Saves Some Couples Big Bucks, Amazon Pausing Construction of Washington, D.C.-Area Second Headquarters. All Rights Reserved.Terms billion deal. Molly is a member of the Alcoa Executive Team, which sets strategy for the Company. Northwest Alloys does not produce aluminum in Longview. As Assistant General Counsel, Jeff was responsible for the management and integration of the international legal functions of the company in Russia, China, Europe, Australia and Latin America. H->/},lZ+ue1lj8 Gl :!= !pD87;6e,b>#'|'@?H10(}v9$ 0 >/Metadata 98 0 R/Pages 671 0 R/StructTreeRoot 153 0 R/Type/Catalog/ViewerPreferences<>>> endobj 675 0 obj <>/ProcSet[/PDF/Text/ImageB]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 676 0 obj <>stream . Reynolds deduced that Germany was preparing for war, with a massive production effort in aluminum sheet used to build military airplanes. Roy graduated with honors from The Wharton School of Business, University of Pennsylvania, simultaneously earning masters degrees in International Business and Corporate Finance as a fellow of the Lauder Institute International MBA program, and holds a bachelors degree in Mining Engineering from Columbia University. In 1938 R.S. Control of the company was still held by the Reynolds family. The facility has been an active aluminum production plant since 1958. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. ALCOA absorbed the assets of Reynolds Metals in 2000, but the Massena plant remained operational until March 2014. Roy has served as Alcoas Chief Executive Officer since November 2016 and took on the additional role of President in May 2017. He had also previously served as a board member of AlcoaPrevi, the Alcoa employees pension fund in Brazil. It has received a great deal of praise for its recycling philosophy. Messages focused on the strengths, histories and values of both companies, and included prepared articles for use in plant publications, to customizable letters for community leaders. The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. 673 0 obj <> endobj Led by legendary CEO Paul ONeill, Alcoa launches best-in-class safety effort aimed at zero workplace injuries. The last tenant of the site was the proposed coal exporter Millennium Bulk Terminals. 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). Alumina, the basic ingredient used to produce aluminum, is Under the leadership of chairman and CEO Bourke the company moved into the 1990s with its focus on consumer products and on gold. R.S. He believed new aluminum-producing facilities would need to be built to meet demand. Plagued by cost overruns and delays, by the time the project was finished demand for aluminum had leveled off. 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. Reynolds Metals constructed and operated an aluminum smelter and cable mill on the Columbia River in Longview, WA from 1941-2001. Gaines said Northwest Alloys is keeping its critical infrastructure around areas like its road sand dock, as well as rail loading and unloading areas and storage silos. . 482 (N.D. Ind. More than 90% of all alloys currently used in the aerospace industry were developed by Alcoa research. The Reynolds Metals Company International Headquarters is an International Style building complex set in a composed landscape near Richmond, Virginia, completed in 1958. . Reynolds closed the 1950s with a move to a new, modern corporate headquarters in suburban Richmond, Virginia. During its operation, various types of industrial waste were disposed of throughout the Reynolds facility. R.S. Reynolds Metals developed other, less well-known products; not all became commercially viable, such as an aluminum bus developed with Rohr Industries, a 12 foot aluminum utility boat, and other aluminum motor vehicles.,[6][7] The aluminum vehicles were surpassed in weight and cost by steel, plastics and fiberglass. Their plan did not work. Alcoa Corporation (an acronym for Aluminum Company of America) is a Pittsburgh-based industrial corporation.It is the world's eighth-largest producer of aluminum. Thanks to all who contributed The company also announced that employment would once again be reduced by 12 percent to cut costs. In 1947, the company released Reynolds Wrap Aluminum Foil. [5] Reynolds advertised aluminum for its multi-faceted property, now reaching areas of fashion, home improvement, and architecture. Reynolds was sold to Alcoa in 2000, five years after Mr. Reynolds stepped down from its board. alumina refineries. its acquisition of Reynolds [3] . %PDF-1.6 % 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). In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. Here are the top 25 Reynolds Metals Co. profiles on LinkedIn. As consumers, we often take for granted all the hard work that goes into building a great company. Impressive as the wartime figures were, they were dwarfed by postwar demand for aluminum. Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982. After submitting your request, you will receive an activation email to the requested email address. As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. 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. Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. The second phase will replace the line between Nippon Dynawave Packagings substation to the the substation on Weyerhaeusers property. The statistics refers to days lost due to workplace injury or illness. rardttir, R., "Aluminum production waste mapping - A case study of the Icelandic aluminum industry," 30 ECTS thesis, School of Engineering and Natural Sciences University of Iceland . Compare pay for popular roles and read about the team's work-life balance. reynolds metals company trademarks. IL. Alcoa's common stock is listed on the New York Curb Exchange, forerunner of the American Stock Exchange. When the merger was approved, 300 key communicators from both companies in 36 countries around the world could access, with the click of a mouse, merger communications kits and order a wide selection of collateral and materials for customized distribution to employees and other audiences. What Reynolds' shareholders . 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. HAL. RMC, under a Consent Order with NYSDEC, agreed to investigate the contamination at the facility; this investigation excluded the St. Lawrence River. Inc., the world's largest 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. Come for the cinnamon rolls, but stay for the peanut butter cookies, salted caramel apple cupcakes and more. Suite 500 Bill is a member of the Alcoa Executive Team, which sets strategy for the Company. hbbd``b`f KSb%) D| DXS+[ X@P #dF? 482 (1978) REYNOLDS METALS COMPANY, a corporation, Plaintiff, v. ALUMINUM COMPANY OF AMERICA, a corporation, and National Can Corporation, a corporation, Defendants. The production equipment was, therefore, installed in long rows, which eliminated the need for the expensive transporting of the product. As a leader in consumer aluminum recycling, Reynolds distributes aluminum and stainless steel mill products through a nationwide network of metal service centers. 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. These ads were available to key communicators via the Intranet site for use in local newspapers in the communities where Alcoa and Reynolds Metals plants are located.EVALUATIONObjective 1 - Deliver timely, accurate information to employees through 300 key communicators Key communicators visited the Intranet site during 562 user sessions double the objective. 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. . Prior to that she was Director of Metal Risk Management, and Marketing Manager for Alcoa Primary Products. Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. 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. Prior to Vista Metals, Kelly served as Chief Operating Officer of Electronic Recyclers International (ERI), responsible for leading operations, procurement, and logistics and providing strategic direction and tactical oversight to eight operating plants. [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. Reproduction in whole or in part in Renato joined Alcoa Inc. in 1997 in So Paulo (Brazil). Do Not Sell, Acceptance of $5.8B offer may not end battle for No. Find company research, competitor information, contact details & financial data for Reynolds Metals Company, LLC of New York, NY. Alcoa (F/K/A Reynolds Metals) Phoenix. The company's entrance into the gold market, an unexpected upsurge in aluminum prices in the late 1980s, the company's continued commitment to the modernization of its production facilities, and the expansion of its consumer products division made Reynolds a solid, profitable enterprise with the ability to weather the cyclical nature of the aluminum business. Reynolds, nephew of the tabacco giant R. J. Reynolds, in Louisville, Kentucky. The Foundation will play a significant role in strengthening sustainability in Alcoa communities worldwide. 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. It was headquartered for most of its existence in Richmond, Virginia; the Modernist style Reynolds Metals Company International Headquarters was built there in 1958. In this role, Sonya is responsible for global government affairs, community relations, communications, and sustainability in support of the Companys strategic priorities. Aluminum is an essential element in powering a global, sustainable economy. The following year, Reynolds ventured outside the United States for the first time by opening a foil production plant in Havana. Other RMC-related contaminants that were found in the St. Lawrence River sediment included aluminum, furans, and polyaromatic hydrocarbons (PAHs). From November 2016 to November 2019, Renato was Vice President and Treasurer. In 1937, in Europe to search for new sources of raw materials, Reynolds, Sr. observed that German production capacities for aluminum were more than two times that of the combined production capabilities of the United States, England, and France. 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. 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. Crews on Monday work along Industrial Way near Northwest Alloys. She joined Vista Metals in 2015 and was responsible for strategic planning, business development, finance, accounting, and metal risk management for the company. Late in the 1980s the company introduced a line of colored plastic wraps and resealable plastic bags. 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). 0 12/31/1982. PRovoke Media picks out 15 people from the marketing communications and PR worlds who are worth keep Three years of dramatic instability suggested a more downbeat Davos, but public relations pros will Intelligence and insight from across the PR world. Two Days Mattered Most. In addition to its capital investment program, the company expanded its research-and-development efforts. Total cost is only $ 299.00. Alcoa successfully completes the installation of press filtration technology for bauxite residue at its Poos de Caldas refinery in Brazil. A small portion of the spooling operation from the Richmond Foil plant was moved to the Reynolds plant in Grove City, Pennsylvania, in early 2010. As Reynolds Metals entered the 1990s, the company was in the best financial condition in its history. Tammi A. Jones is Executive Vice President and Chief Human Resources Officer for Alcoa Corporation, focusing on all aspects of human resource management, including talent and recruitment, compensation and benefits, training and development and labor relations. The Great Depression did not affect the growth of the newly formed company. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. [11][12] Making extensive use of aluminum, down to threads in the carpeting, it is now owned by the University of Richmond and serves as the worldwide headquarters of Altria Group. We are delighted that you'd like to resume your subscription. He said work could begin next spring and crews would need two dry seasons to complete the cleanup. 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. Earlier, he served as Director of Investor Relations, and before this role was Director of Corporate Treasury. By the end of World War II, Reynolds had increased the company's production capacity to more than 450 million pounds. Half the land will be preserved as open space. The Open Database Of The Corporate World. 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. NATURE OF THE ACTION . 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 1992, NYSDEC issued a Record of Decision (ROD) that called for a combination of excavation and treatment of areas highly contaminated with PCBs and other contaminants and consolidation and containment of other contaminated areas on the grounds of the facility. This business is working in the following industry: Manufacture of minerals and metals. 10/29/1941. Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. Alcoa's first aerospace alloy, 2017-T4, is a critical material for building the historic USS Shenandoah rigid airship. It was named to the National Register of Historic Places, one of the rare mid20th century buildings on the list. 457 F. Supp. [1] [2] Contents. He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. In 1924, U.S. Foil purchased the manufacturer of Eskimo Pies, which were wrapped in foil. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. Prior to the separation of Alcoa Inc. into two companies, Molly was Director, Global Shared Services Strategy and Solutions. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. All-aluminum car bumpers were in use in 1973. Decided: May 10, 2001 Before NIEMEYER, MICHAEL, and MOTZ, Circuit Judges. . Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. The A8's breakthrough is an all-aluminum space frame, designed and built with manufacturing techniques developed by Alcoa. [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]. Found 91 colleagues at Reynolds Metals Co Inc. In 1976 David P. Reynolds was its chairman; J. Louis and William G. Reynolds were board members; a cousin, A.D. Reynolds was a vice-president; and William G. Reynolds, Jr. was the company's treasurer. In 1994, Reynolds purchased the aluminum and stainless steel products distribution business of Prime Metals. In 1991 new products included a light-weight, stronger composite architectural panel metal for the construction industry. 3100086. He earned a bachelors degree in Industrial Engineering and Operations Research from Virginia Tech and a Master of Science with honors in Industrial Administration from Carnegie Mellon University. At Alcoa, we believe our legacy is our call to action. Before the ink . 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. The increased demand for foil was the result of the ever-increasing public appetite for cigarettes, the demand for which was so great that it created constant shortages of foil used for packaging. 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. Alcoa purchased Reynolds in 2000 and briefly reopened, then announced in February 2002, that . 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. 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. In line with its commitment to recycling, Reynolds set a long-term goal of recycling more plastics each year than it produces. Around this time, 30,000 workers were employed by Reynolds Metals. 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. Reynolds used the plant to cast ingots from molten aluminum imported from another plant from 1992 to 1998. The most common ethnicity at Reynolds Metals Company is White (65%). 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. 8/23/1967. In 2007, Renato joined Brazil Treasury, where he designed and implemented the funding strategy for the Alumar expansion and the Juruti mining projects. No. She currently serves on the Board of the Public Affairs Council and chairs the Government Affairs Committee for the US Aluminum Association. Reynolds was the last member of his family to lead Reynolds Metals, which was founded in 1919 by his father, Richard S. Reynolds Sr., and grew to become the nation's second-largest aluminum manufacturer behind Alcoa.