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Included were the first aluminum drill pipe in 1960 and the first aluminum beverage can in 1963, both successful. 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. Copyright (c) 2022 Company-Histories.com. 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. Gaines said more structures are slated for demolition on the Northwest Alloys site than will remain on the 510 acres. Reynolds Metals became known for the consumer product . 1978) June 6, 1978. More than 90% of all alloys currently used in the aerospace industry were developed by Alcoa research. I am very grateful for your help.-- Gary Biviano, VP/Lead on the Alcoa/Reynolds Merger Communications Team. Factset: FactSet Research Systems Inc. 2018. 10/29/1941. Alcoa expands the Sustana line of products with the introduction of EcoSource, the industrys first low-carbon, smelter-grade alumina brand. Annual sales for Reynolds metals company are around USD 1,638,797. in tight supply, and the price has nearly doubled since last year. Here are the top 25 Reynolds Metals Co. profiles on LinkedIn. In addition to his business unit counseling roles, Jeff has provided legal counsel in the mergers and acquisitions area for transactions across Alcoas portfolio of businesses. Roy Harvey is President and Chief Executive Officer of Alcoa Corporation, a globally-competitive industry leader in bauxite, alumina, and aluminum, with 14,000 employees in 10 countries. Initially, the new company supplied lead and tin foil wrappers to cigarette and candy companies. Phone: (518) 358-3141 Fax: (518) 358-6245, Copyright Saint Regis Mohawk Tribe (en-US). The company was founded by R.S. Prior to the separation of Alcoa Inc. into two separate companies in 2016, Renato was Assistant Treasurer of Alcoa. She left Alcoa in 1998 to work for Harris Teeter, a grocery store chain in the southeastern United States, where she managed all customer relations, media and employee communications. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. (if applicable) for The Wall Street Journal. [14], Last edited on 13 February 2023, at 05:05, Reynolds Metals Company International Headquarters, "European Commission OKs Alcoa-Reynolds deal", "Pactiv Evergreen Inc. (Currently Known as Reynolds Group Holdings Limited) Announces Launch of Initial Public Offering", "Wrapping Aluminum at the Reynolds Metals Company", "National Register of Historic Places: Reynolds Metals Company International Headquarters", National Register properties in Henrico County, VA, "How a Downington Printing Plan Failed after 50 Years", "Reynolds shakes off market jitters with year's first big IPO", Opportunity in Crisis: The Reynolds Metals Story, https://www.reynoldsconsumerproducts.com/, Referenceforbusiness.com: History of the Reynolds Metals Company, https://en.wikipedia.org/w/index.php?title=Reynolds_Group_Holdings&oldid=1139065650, This page was last edited on 13 February 2023, at 05:05. and/or its affiliates. He believed new aluminum-producing facilities would need to be built to meet demand. Source: International Directory of Company Histories, Vol. Like most U.S. industrial giants, Reynolds lost sales in the recession of the early 1980s. Do Not Sell, Acceptance of $5.8B offer may not end battle for No. 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. 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. 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. Its RV Aluminaut submarine was operated by Reynolds Submarine Services Corporation.[4]. The facility has been an active aluminum production plant since 1958. 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. Get all the articles, experts, jobs, and insights you need. Renato joined Alcoa Inc. in 1997 in So Paulo (Brazil). . Earlier in his career, Bill held engineering, marketing management and business planning positions with Westinghouse and Emerson Electric. Alcoa bought the Reynolds Metals Co. and its Longview aluminum plant, located west of Longview, in 2000. Alcoa (F/K/A Reynolds Metals) Los Angeles. Jeffrey (Jeff) Heeter is Executive Vice President and General Counsel for Alcoa Corporation. 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 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. Reynolds's research had helped develop technology for the manufacture of aluminum automobile drive shafts and radiators. Large quantities of wastes were generated by the plant during the production of aluminum. It was in turn leased to Philip Morris USA in 2003 and later joined by parent company Altria in 2008. R.S. 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. 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. 00-1333. Disappointing sales in 1996, due to low aluminum prices and lower demand for some of its products, led to yet another company restructuring. 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. Reynolds's 25% interest in a Washington smelter and all of Reynolds's 201 Isabella Street You can enable targeting cookies on our Cookie Policy page. It has received a great deal of praise for its recycling philosophy. Half the land will be preserved as open space. Presto produced a full range of plastic bags and wraps for both indoor and outdoor use, including freezer, sandwich, and food storage bags, along with a line of moist paper tissues and cotton swabs. 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. 1. U.S. Foil's entrance into the market generated a price war with other foil manufacturers, who hoped that by cutting prices they could drive the fledgling company out of business. 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. Reynolds Metals Company leased the plant in June 1946, and purchased it in June 1949. Molly obtained a BS degree in Business Administration, Accounting from Duquesne University in Pittsburgh. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. Today, Alcoa is part of both the World and North American DJSI Indexes. 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. The company is first incorporated as The Pittsburgh Reduction Company and opens a pilot production facility on Smallman Street. In 1992, Reynolds sold its wire and cable operations, as well as its 84 percent interest in Eskimo Pie. 673 0 obj <> endobj Reynolds, Jr. was named the company's new president in 1948. After submitting your request, you will receive an activation email to the requested email address. Alcoa moved its global headquarters and principal executive office to its existing office location in Pittsburgh. As Director of Marketing, she was responsible for global branding and leading the development of marketing communication strategies for Alcoas markets and businesses. 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. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 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. Alcoa 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. Union employees with fixed compensation contracts did receive incentive compensation. Other end-uses for Reynolds products are aluminum beverage cans, flexible and foodservice packaging, consumer home food managment, transportation, building, and construction. 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. 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. 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. 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). The company began producing aluminum foil for packaging in 1926. 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. 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). In line with its commitment to recycling, Reynolds set a long-term goal of recycling more plastics each year than it produces. Many of the other modernized plants were making cans with smaller, lighter ends which reduces the amount of metal needed for a 12-ounce can by three percent. In 1981, the company expanded its recycling capacity with two more facilities. Salaried employees have since received pay adjustments. Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982. 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. . In 1976 David P. Reynolds, also known for his involvement in Thoroughbred horse racing, took over as president. Already a member? Pittsburgh, PA 15212-5858 Reynolds used the plant to cast ingots from molten aluminum imported from another plant from 1992 to 1998. The company recycles more cans than it produces. 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. Impressive as the wartime figures were, they were dwarfed by postwar demand for aluminum. Reynolds developed aluminum siding for the booming postwar housing market. Alex Murdaugh Receives Life Sentence: What Happens Now? All rights reserved. 12/31/1982. Alvin's work continues 45 years later. In this role, Jeff has overall responsibility for Alcoas legal, compliance, and governance matters globally. R.S. They downloaded fact sheets, newsletter articles, and employee benefits Q&A to help them communicate to employees. . Kelly leads customer-focused commercial strategies across the bauxite, alumina, and aluminum markets, as well as Alcoas global procurement function. The material was moved manually from one floor to another before the finished product was ready for shipment. During Mr. ONeills 13-year tenure at Alcoa, the number of lost work days per 100 employees fell to 0.2 from 1.86. alumina refineries. All times are ET. Former Reynolds Metals site cleanup could begin in 2023; Northwest Alloys razes buildings to plan for development. Reynolds Metals Company leased, and later bought, six government defense plants that were up for disposal. 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. We feel that the views of the reader are as important as the views of the writer. Alcoa Corporation Alcoa is an international aluminum company with operations in multiple countries and U.S . Designs included "Birds and Bees" for baby showers, "Born Lucky, Born Rich" for birthdays, and "Flight of Fancy" for weddings or Christmas. The Reynolds Metals Company is located at 194 County Route 45 in Massena, New York. Today, crews are razing buildings to prepare the property for development. 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. 12/31/1982. Founder: Richard S. Reynolds Sr. 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. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. He has also held major assignments in the GPP business, including Controller and Operational Excellence Director. Compare pay for popular roles and read about the team's work-life balance. Annual sales: $21 billion. 1919 - 2000. 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. Late in the 1980s the company introduced a line of colored plastic wraps and resealable plastic bags. 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. Renato serves on the board of directors of The Tull Family Theater, a nonprofit, film-based arts organization in the northwest region of Pittsburgh. Reynolds, nephew of the tabacco giant R. J. Reynolds, in Louisville, Kentucky. The former Reynolds Metals Company International Headquarters building is in Henrico County, Virginia, near Richmond. At Alcoa, we believe our legacy is our call to action. 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. filed: july 15, 1949 collapsible cartons customarily made of aluminum The most common ethnicity at Reynolds Metals Company is White (65%). This technology reduces carbon emissions, due to the lower use of disposal area, lower water accumulation and, consequently, lower energy consumption utilized for bauxite residue management. Cleanup Site Information. Alcoa charters a new development organization: Alcoa Foundation. At Arconic Architectural Products, we amplify the visual impact of building design to make bold ideas even bolder. 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. Employees: 126,700. Long-form journalism that analyzes the issues, challenges and opportunities facing the PR business. In fact, the company recorded annual sales of $13 million in 1930 and moved its corporate headquarters to New York City. Built 65years ago, is a Modernist building designed by the architect Gordon Bunshaft of Skidmore, Owings & Merrill. The Reynolds Metals Company facility in Troutdale, Oregon, was a primary aluminum reduction plant. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. All-aluminum car bumpers were in use in 1973. Molly was Vice President and Controller of the Company from December 2016 through October 2019 and was Director, Global Shared Services Strategy and Solutions from November to December 2016. 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 . Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Tammi is also a member of the Alcoa Executive Team, responsible for setting the strategic direction for the Company. Their plan did not work. 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 Massena plant was an outgrowth of RMC's 1940 decision to become . The 320-foot bridge built in the 1930s was refitted with 22 aluminum deck panels. 482 (N.D. Ind. Printed materials were also available on a CD ROM in any of 11 languages. 0 Today, we are the right company at the right time. Alcoa purchased the land from Reynolds Metals that year. Kelly graduated from the University of Virginia, McIntire School of Commerce with a Bachelor of Science degree in commerce, concentration in Finance. Alcoa's growing influence in the aluminum industry. She leads a global team of HR professionals in 10 countries. In 1993, RMC and NYSDEC signed a Consent Order that required RMC to implement the remedy in the ROD. 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. Founded: 1919 Headquarters: Auckland Ceased . The A8's breakthrough is an all-aluminum space frame, designed and built with manufacturing techniques developed by Alcoa. Alcoa purchased Reynolds in 2000 and briefly reopened, then announced in February 2002, that . Reynolds deduced that Germany was preparing for war, with a massive production effort in aluminum sheet used to build military airplanes. However, when Reynolds Metals developed the world's first aluminum submarine, the Aluminaut, the experimental product participated in a key rescue. ARCONIC Benefits Resources (ARCONIC4U Service) or 1-844-927-2664 . lifetime. 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. Reynolds decided to move the company's headquarters south again. Sign In. . Alcoa had made a . Prior to assuming her current position in February 2023, Molly was Senior Vice President and Controller for Alcoa Corporation, responsible for the Financial Accounting, Financial Planning & Analysis, and Country Controllership teams from November 2019 to February 2023. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. 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. Every two weeks, the company had taken 10 percent of . 71 Margaret Terrance Memorial Way ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) The entire project includes work on 57 poles, some of which have deteriorated, Dietz said. REYNOLDS METALS COMPANY FOUNDATION (Delaware (US), 24 Jul 1978 - ) REYNOLDS METALS COMPANY, LLC (Delaware (US), 18 Jul 1928 - ) As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. 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 . 2 * McCook Metals L.L.C. Earlier, she served as Director, Organizational Effectiveness, developing comprehensive organizational change strategies to enable successful execution of the business strategy and change programs. Privacy Policy. She previously served as Director of Communications, Global Primary Products for Alcoa Inc., where she directed public affairs, media relations, crisis communication, and stakeholder engagement. The Reynolds Metal Company was a prominent American producer of aluminum, founded in 1919 by Richard S. Reynolds, Sr. 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. hbbd``b`f KSb%) D| DXS+[ X@P #dF? The city of Cornwall, Ontario, is two miles north of the facility, and the . The 1,600-acre facility is bordered on the north by the St. Lawrence River and on the south by the Raquette River. The Port, which had spent years lobbying Reynolds and Alcoa to start the cleanup quickly, bought the 700-acre site from Alcoa for $17.3 million. Kelly Thomas joined Alcoa as Executive Vice President and Chief Commercial Officer on February 14, 2022. Influence 4 Infocom 1 [click on the rating for the method or on the number for the data] In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. Get up-to-the-minute news sent straight to your device. Alcoa's largest acquisition to date was in 2000, when it acquired Reynolds Metals for $4.5B. 804-281-2000. 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. [citation needed]. Aluminum is infinitely recyclable, and recycling uses 95% less energy than it takes to make aluminum from raw ore. The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. [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. Prior to joining Alcoa, Jeff worked in a private practice as a litigation associate. [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. Since 1952, Alcoa Foundation has invested more than $700 million in Alcoa communities and is one of the largest corporate foundations in the United States. Portions of the site were contaminated by these activities. Reynolds Wrap was first made by a Reynolds Metals Company division, Reynolds Packaging, a business created to supply aluminum foil for packaging tobacco. Reynolds closed the 1950s with a move to a new, modern corporate headquarters in suburban Richmond, Virginia. Molly is a member of the Alcoa Executive Team, which sets strategy for the Company. 12/31/1982. 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. 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. 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. American Smelting & Refining Co. (Federal Metals Division) Newark. Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. Featuring an all-aluminum exterior and many other innovative architectural elements, the Alcoa Building in Downtown Pittsburgh is completed. 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. We're excited to announce that part number LS7030 is now available in our ready-to-ship inventory.Part number LS7030 is a Angle Structural manufactured by Alcoa Reynolds Metals Company with FSC 9540 Structural Shapes Nonferrous Base Metal.Are you interested in a quick and competitive quote for this part? 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. Finally, we can read about how these great companies came about with Company Histories.. 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. 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