reynolds metals company alcoa
fanduel account suspended locationWhen 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. Reynolds, nephew of the tabacco giant R. J. Reynolds, in Louisville, Kentucky. Renato Bacchi is Executive Vice President and Chief Strategy and Innovation Officer and focuses on developing and overseeing the execution of strategies to support Alcoas vision to reinvent the aluminum industry for a sustainable future and the Companys innovations and technologies, including the Companys Technical Research Center for research and development activities. aluminum concern, cleared U.S. and European antitrust hurdles and completed Found 91 colleagues at Reynolds Metals Co Inc. The company is first incorporated as The Pittsburgh Reduction Company and opens a pilot production facility on Smallman Street. 1919 - 2000. 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. 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. Two Days Mattered Most. An attempt to increase production capacities by 20 percent cost Reynolds an estimated $650 million in the mid-1960s. At Alcoa, we believe our legacy is our call to action. 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. Modernization of its plants continued with the construction of a new 120-metric-ton-per-year facility at the company's Baie Comeau, Quebec, smelter, along with expansion and modernization of other company plants in Western Australia, Texas, and Louisiana. A WarnerMedia Company. We open a world of design possibilities with aluminum . ALCOA absorbed the assets of Reynolds Metals in 2000, but the Massena plant remained operational until March 2014. Co., the world's third-largest aluminum company, in a $4.5 In 1995, NYSDEC issued a ROD amendment calling for off-site disposal of highly contaminated soils and sediments and on-site disposal of lesser contaminated soils and sediments. 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. Discover Alcoan innovations that changed the world. [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. Cleanup Site Information. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. Principal Operating Units: Packaging and Consumer Products; Construction and Distribution; Transportation; Metals and Carbon Products; Bauxite and Alumina; Cans. 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. . He is also a Director of Alcoa Corporation. 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. Sonya joined Alcoa in 1989 and held roles of increasing responsibility in communications, marketing, and government affairs. Key messages stressing the mergers benefits were delivered via the Intranet to 125,000 employees within hours. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. In 1993 Reynolds underwent a restructuring that included reducing alumina production and aluminum production by 21 percent, and sold its aluminum reclamation plant in Benton Harbor, Michigan. The work is not part of the state-requested cleanup of contaminated soil, which officials say could begin next spring. combination, with certain conditions aimed at limiting Pittsburgh-based 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. 12/31/1982. Metals Alcoa works with the Pittsburgh Brewing Company to introduce easy-open aluminum pull tabs on cans of Pittsburgh Brewing's Iron City beer. NSNfulfillment.com is owned and operated by ASAP Semiconductor, an AS9120B, ISO 9001: . Reynolds Metals was acquired by Alcoa in June 2000. He has deep experience leading Alcoas finance function, having overseen for treasury, pension, tax, controllership, financial planning and analysis, audit, investor relations and transformation. endstream endobj startxref Prior to the separation of Alcoa Inc. into two companies, Molly was Director, Global Shared Services Strategy and Solutions. * ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) In 1931, the company moved its headquarters to New York City and in 1938 the headquarters moved again to Richmond, Virginia. [1][2] Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. Jeff is a member of Alcoas Executive Team, which sets strategy for the Company. Over the course of his Alcoa career, Jeff has served as business unit counsel for several businesses within the Global Primary Products group, including the former Alcoa World Chemicals business and the Alcoa World Alumina-Atlantic refining business. All rights reserved. Reynolds, Jr. had previously founded a stock-brokerage firm that would later become Reynolds Securities, which eventually merged with Dean Witter. 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. under which this service is provided to you. Jeff also served as the Secretary of Alcoa Corporation from November 2016 through December 2019. 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. A century later, 2017-T4 is still used for aircraft sheet and plate. HW. Gaines said the company earns profits by warehousing materials and transloading for nearby businesses. Current work at the former Reynolds Metals Company site in the 4000 block of Industrial Way is not the cleanup efforts, but the demolition of buildings by the current company to make way for future projects, as well as nearby routine power pole replacements by the local utilities district. The former Reynolds Metals Company International Headquarters building is in Henrico County, Virginia, near Richmond. Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. Other end-uses for Reynolds products are aluminum beverage cans, flexible and foodservice packaging, consumer home food managment, transportation, building, and construction. 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. Under the leadership of chairman and CEO Bourke the company moved into the 1990s with its focus on consumer products and on gold. At Alcoa, we promise to treat your data with respect and will not share your information with any third party. R.S. [8] In 1969, Aluminaut rescued Alvin (DSV-2). By using its well-established marketing, sales, and distribution organizations, Reynolds was able to add new products without increasing employment. Intranet Innovation Ketchum created an Alcoa Intranet site where merger documents, including advertising, were prepared and held ready for last minute changes. its acquisition of Reynolds With the end of World War II, the company focused its direction on consumer goods and construction. Alcoa, the parent company of Northwest Alloys, is reviewing options for leasing or development agreements today but did not want to slow down the cleanup process, Gaines said. 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. You must click the activation link in order to complete your subscription. Source: International Directory of Company Histories, Vol. 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. In 2007, he became plant manager for the San Ciprin smelter in Spain, and a year later he was named Director of Finance and Business Integration for GPP Europe. In 2008, Roy was named to the prestigious Young Global Leaders Program of the World Economic Forum. Phone: (518) 358-2272 Fax: (518) 358-3203, Saint Regis Mohawk Health Service hUK0+>VvIJJC UAzaxO}&db2j& )y:@{|=2Y$mWv1GyV ;yFvgb ,_c&OdgWl3L/9m6-UYicTIF`(* g`2dPnN-|j6o#}H Aluminaut's assistance enabled Woods Hole Oceanographic Institution to continue operating its submersible. Permits to start clearing contaminated soil along Industrial Way in Longview could be secured this summer, with cleanup starting in 2023, officials say. 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. 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. Earlier, Bill served as Chief Financial Officer of GPP. Reproduction in whole or in part in Like most U.S. industrial giants, Reynolds lost sales in the recession of the early 1980s. She returned to Alcoa Inc. in 2001 as Director of Marketing Communications for Alcoa Fujikura Ltd. and oversaw branding, advertising and promotion. 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). Alumina, the basic ingredient used to produce aluminum, is [1][2], On January 21, 2008, Alcoa sold its consumer unit to Rank Group Ltd. Rank's owner, New Zealand billionaire Graeme Hart, renamed Alcoa's former unit the Reynolds Packaging Group. In 1928, Reynolds purchased Robertshaw Thermostat, Fulton Sylphon, and part of Beechnut Foil, adding them to U.S. Foil to create Reynolds Metals. 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. 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. REYNOLDS METALS COMPANY FOUNDATION (Delaware (US), 24 Jul 1978 - ) REYNOLDS METALS COMPANY, LLC (Delaware (US), 18 Jul 1928 - ) 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). 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. Northwest Alloys does not produce aluminum in Longview. Alcoa Recycling Company is incorporated to support the companys goal of enhancing sustainability by increasing its recycling activity. Get the latest local business news delivered FREE to your inbox weekly. (if applicable) for The Wall Street Journal. 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. The Alcoa-Reynolds merger will raise Alcoa's market share to nearly 59 percent of North American CGA production, enhancing Alcoa's ability and incentive to exercise market . Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. Kelly began her aluminum career at Reynolds Metals in 1999, later acquired by Alcoa Inc. 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. He worked in the energy group, participating in the development of the Alcoa hydroelectric power plants there. 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. Alcoa Akwesasne, NY 13655 ALCOA, INCORPORATED, Defendant-Appellee, Reynolds Metals Company, Party in Interest-Appellee. 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"). 482 (N.D. Ind. Today the company is the world's third largest aluminum and packaging company. Alcoa treats the SPL produced from its U.S. smelters at the Gum Springs, AR, hazardous waste treatment facility . Reynolds, Jr. was named the company's new president in 1948. 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. The Open Database Of The Corporate World. Alcoa's largest acquisition to date was in 2000, when it acquired Reynolds Metals for $4.5B. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. Objective 1 - Deliver timely, accurate information to employees through 300 key communicators Key communicators visited the Intranet site during 562 user sessions double the objective. 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. After the Second World War, the sense of aluminum's utility expanded to include its ornamental characteristics. More than 5 million people in 56 markets heard the news through the VNR broadcast.More than 9 million readers saw advertisements in the Wall St Journal, USA Today and other media.No matter how many balls I tossed into the air, they were always caught. %PDF-1.6 % Roy joined Alcoa in 2002 as a business analyst for GPP in Knoxville, Tennessee. Effective April 1, 1997, the company was organized into six global units, down from its former 20 operating units, that would focus on the most profitable aluminum markets around the world. [1][2] Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. In 1947, the company released Reynolds Wrap Aluminum Foil. 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. After spending several years in the tobacco business working for his uncle, R.S. [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. Alcoa Inc., the world's largest aluminum concern, cleared U.S. and European antitrust hurdles and completed its acquisition of Reynolds Metals Co., the world's third-largest aluminum company, in a . 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. . Aluminum production resumed from 1998 to 2000. . The new units were packaging and consumer products, construction and distribution, transportation, metals and carbon products, bauxite and alumina, and cans. Morningstar: 2018 Alcoa wraps up Reynolds. [citation needed]. Learn more about the Foundation. Reynolds decided to move the company's headquarters south again. U.S. v. Alcoa and Reynolds Metals. Renato joined Alcoa Inc. in 1997 in So Paulo (Brazil). Kelly began her aluminum career at Reynolds . After submitting your request, you will receive an activation email to the requested email address. 9 hO. 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. 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). Content Protected Copyright 2023 NRDAR. Morningstar, Inc. All Rights Reserved. The 320-foot bridge built in the 1930s was refitted with 22 aluminum deck panels. Prior to merging with Alcoa in 2000, Reynolds Metal stood as the third largest aluminum company in the world, and wielded major brand recognition among consumers for its main foil product, Reynolds Wrap. Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. 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. According to the SRMT, Akwesasne has a population of 12,400 people and covers a land area of approximately 16,640 square acres, which includes wetlands, agricultural land, woodlands, and light commercial development. 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. Roy has served as Alcoas Chief Executive Officer since November 2016 and took on the additional role of President in May 2017. Suite 500 [3], Reynolds Metals became known for the consumer product Reynolds Wrap foil, as well as for developing and promoting new uses for aluminum. The company has developed new process technologies in aluminum-lithium casting, electromagnetic casting, and various techniques in automation. 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. Today, the Hall-Hroult Process is the one method by which every aluminum producer in the world operates. Earlier, he served as Director of Investor Relations, and before this role was Director of Corporate Treasury. Alcoa Corporation In tribute, Reynolds donated $1 million to Meals on Wheels. As demand for the new metal grows, Alcoa moves its operations from Pittsburgh to nearby New Kensington, where it scales up to produce aluminum ingots as well as fabricated aluminum products. R.S. 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. 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. ELYSIS aluminum is produced and sold at industrial scale for the first time, representing a major milestone in advancing the ELYSIS technology invented by Alcoa. Alcoa purchased the land from Reynolds Metals that year. Alcoa's first aerospace alloy, 2017-T4, is a critical material for building the historic USS Shenandoah rigid airship. Reynolds Aluminum Supply Co. RASCO is a partner in MetalSpectrum, a metals e-commerce venture announced Tuesday that Alcoa also has a stake . No, You Cant Build Here. We feel that the views of the reader are as important as the views of the writer. The resulting lower manufacturing costs allowed the company to undersell its competitors by several cents per pound, ensuring the company's share of the growing market. At the time, most foil was manufactured in tall, multi-storied buildings. Later, the company produced aluminum vehicle parts and hull submarines. hb```f``d$30 P(q4$@6gFU+ At Arconic Architectural Products, we amplify the visual impact of building design to make bold ideas even bolder. Thatcher Trucking Co. Tanker Truck Accident Hydrochloric Acid Spill, Brio Refining Inc. and Dixie Oil Processors Inc. NPL Sites, Chevron/Former Gulf Oil Refinery Port Arthur Waste Site, Wayne Reclamation & Recycling/Wayne Waste Oil Site. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. 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. 700 0 obj <>stream Reynolds built the company's first aluminum foil plant and rolling mill in Louisville, and the Reynolds Metals Company was formed. 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. . Disclaimer. It's largest disclosed sale occurred in 2001, when it sold Cordant Technologies to Alliant Techsystems . Compare pay for popular roles and read about the team's work-life balance. 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. The entire project includes work on 57 poles, some of which have deteriorated, Dietz said. The company recycles more cans than it produces. In 1928, after buying back the stock he had sold to R.J. Reynolds to start U.S. Foil, R.S. Customer Service. 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.