[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. filed: july 15, 1949 collapsible cartons customarily made of aluminum In 2008, Roy was named to the prestigious Young Global Leaders Program of the World Economic Forum. Alcoa and Reynolds Reach Merger Agreement - The New York Times 12/31/1982. Taking his son, Richard S. Reynolds, Jr., with him as assistant to the president, the company settled in Richmond, Virginia. With Audi's all-aluminum A8, aluminum reaches its full potential to reduce weight, reduce emissions and boost performance. In addition to its capital investment program, the company expanded its research-and-development efforts. [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. 804-281-2000. 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. At this location, Reynolds metals company employs approximately 166 people. At Alcoa, we believe our legacy is our call to action. 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"). The Pittsburgh Reduction Company, eager to open new applications and enter new markets, enters the home cookware market with light, sturdy, no-rust teakettles. 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. Our customers will expect us to be faster, brighter, more competitive and quality-conscious than ever before and we will not disappoint them.EXECUTIONIntranet Innovation Ketchum created an Alcoa Intranet site where merger documents, including advertising, were prepared and held ready for last minute changes. 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. 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. 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. Other RMC-related contaminants that were found in the St. Lawrence River sediment included aluminum, furans, and polyaromatic hydrocarbons (PAHs). Alcoa's growing influence in the aluminum industry. Company History: The largest aluminum manufacturer in the world, Alcoa Inc. produces aluminum and alumina for automotive, aerospace, commercial transportation, construction, packaging, and other markets. After submitting your request, you will receive an activation email to the requested email address. All rights reserved. In 2019, Renato completed the Advanced Management Program 196 at Harvard University. Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders. Prior to that she was Director of Metal Risk Management, and Marketing Manager for Alcoa Primary Products. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section. Prior to this role, he served as Chief Financial Officer, GPP. With an unrivaled foundation of operational excellence, we've spent more than a century refining our processes to develop next-generation technologies that shape how we live, build, move and fly. The worlds first flying machine is powered by an aluminum heart made from Alcoas new metal. Sonya Elam Harden is Executive Vice President and Chief External Affairs Officer for Alcoa Corporation. [citation needed]. A WarnerMedia Company. During Mr. ONeills 13-year tenure at Alcoa, the number of lost work days per 100 employees fell to 0.2 from 1.86. . The Open Database Of The Corporate World. He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. Reynolds recognized the advantages of using lighter-weight, less-expensive aluminum foil. The company was founded by R.S. The newly purchased Reynolds plant in Kentucky, however, was all on one floor, at ground level. The 320-foot bridge built in the 1930s was refitted with 22 aluminum deck panels. The average employee at Reynolds Metals Company makes $53,535 per year. 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. 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. During its operation, various types of industrial waste were disposed of throughout the Reynolds facility. Reynolds says that in December 1997, the federal government halted the sale of the Alloys facility to Alcoa. Earlier, she served as Director, Organizational Effectiveness, developing comprehensive organizational change strategies to enable successful execution of the business strategy and change programs. Reynolds owned a 56% interest in an alumina refinery in 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. . Key messages stressing the mergers benefits were delivered via the Intranet to 125,000 employees within hours. Today the company is the world's third largest aluminum and packaging company. Alcoa works with the Pittsburgh Brewing Company to introduce easy-open aluminum pull tabs on cans of Pittsburgh Brewing's Iron City beer. Gaines said more structures are slated for demolition on the Northwest Alloys site than will remain on the 510 acres. Employees: 126,700. Alcoa moved its global headquarters and principal executive office to its existing office location in Pittsburgh. From 2008 to 2010, he was General Counsel of Alcoa of Australia located in Perth, Australia. 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. 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 METALS COMPANY Trademarks :: Justia Trademarks Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. HAL. He has also held major assignments in the GPP business, including Controller and Operational Excellence Director. Factset: FactSet Research Systems Inc. 2018. Reynolds Metals was acquired by Alcoa in June 2000. The company was originally founded to produce foil for cigarette packaging. Reynolds, Jr. brought in a financial consulting firm to streamline operations. 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. $ + tax More than 5 million people in 56 markets heard the news through the VNR broadcast. Intranet Innovation Ketchum created an Alcoa Intranet site where merger documents, including advertising, were prepared and held ready for last minute changes. Please subscribe to keep reading. 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. All Rights Reserved.Terms IL. The Reynolds Metal Company was a prominent American producer of aluminum, founded in 1919 by Richard S. Reynolds, Sr. The beverage can with the stay-on, pull-top tab was well received in 1975. During the 1920s most foil for packaging was made of lead and tin alloys. 0 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. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Just hours after three foreign rivals announced a $9 billion deal to form the world's largest aluminum company, industry leader Alcoa Inc. went public with an offer to buy Richmond-based Reynolds . Alcoa accepted as a member of the International Council on Mining and Metals (ICMM), an organization focused on enhancing the industrys contribution to society with safe, fair and sustainable practices. lifetime. hUK0+>VvIJJC UAzaxO}&db2j& )y:@{|=2Y$mWv1GyV ;yFvgb ,_c&OdgWl3L/9m6-UYicTIF`(* g`2dPnN-|j6o#}H In 2000, Reynolds was purchased by Alcoa. Reynolds Metals pioneered the development of aluminum siding in 1945, and Richard S. Reynolds began predicting a growing demand for additional aluminum during peacetime. She is responsible for the Companys finance functions, corporate development, and the global Information Technology and Automated Solutions functions. 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. By 1990, the company included production plants throughout the country including a facility in Washington and mining operations throughout the world. 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. 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. The statistics refers to days lost due to workplace injury or illness. Alex Murdaughs Trial Lasted Six Weeks. Kelly began her aluminum career at Reynolds Metals in 1999, later acquired by Alcoa Inc. 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. He has deep experience leading Alcoas finance function, having overseen for treasury, pension, tax, controllership, financial planning and analysis, audit, investor relations and transformation. Trying to buy Reynolds Metals out from under Alcoa. She currently serves on the Board of the Public Affairs Council and chairs the Government Affairs Committee for the US Aluminum Association. She also oversees the Alcoa Foundation. Decided: May 10, 2001 Before NIEMEYER, MICHAEL, and MOTZ, Circuit Judges. 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. 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. Included were the first aluminum drill pipe in 1960 and the first aluminum beverage can in 1963, both successful. 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. Co., the world's third-largest aluminum company, in a $4.5 Prior to assuming this role, Jeff was Group Counsel for Alcoa Global Primary Products from 2010 to 2014. . Reynolds metals company is located in Malvern, Arkansas, and was founded in 2011. 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 decided to move the company's headquarters south again. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. 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. Reynolds Metal Company | People | The Collection of Historical Reynolds Metals Company produces aluminum and aluminum foil products. In 1994, Reynolds purchased the aluminum and stainless steel products distribution business of Prime Metals. Alcoa's first aerospace alloy, 2017-T4, is a critical material for building the historic USS Shenandoah rigid airship. Reynolds Metals constructed and operated an aluminum smelter and cable mill on the Columbia River in Longview, WA from 1941-2001. 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 . As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. 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. In 1975 the company's assets in Guyana were nationalized and Reynolds was forced to settle for a $10 million payment for its Guyanese holdings. As of 1980, the company was recycling almost half the number of cans it produced. 3100086. 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. Ancient Antioch Survived Many Disasters in Its 2,400 YearsTurkeys Earthquake Obliterated It, How Gas From Texas Becomes Cooking Fuel in France, Opinion: Common Sense Points to a Lab Leak, Opinion: Yes, Theres a Housing Crisis. Alcoa's Reynolds division was a leader in household baking and cooking products, which included Cut-Rite Wax Paper. Before coming to Alcoa, Roy was Corporate Manager of Environmental Affairs at Greenstone Resources Ltd., a gold mining company based in Central America. Later, the company produced aluminum vehicle parts and hull submarines. Aluminaut's assistance enabled Woods Hole Oceanographic Institution to continue operating its submersible. The material was moved manually from one floor to another before the finished product was ready for shipment. In May 1988 Reynolds acquired Presto Products, Inc., a $200-million-a-year producer of plastic bags. 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. Alcoa (F/K/A Reynolds Metals) Phoenix. 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 . In this role, Kelly is responsible for leading the commercial function including sales and trading, marketing, supply chain, commercial operations, and procurement. Soft-selling Aluminum: Minoru Yamasaki's Reynolds Metals Sales The A8's breakthrough is an all-aluminum space frame, designed and built with manufacturing techniques developed by Alcoa. Order (July 10, 2001) Plaintiff's Motion for Entry of Final Judgment (April 10, 2001) United States' Certificate of Compliance with the Provisions of the Antitrust Procedures and Penalties Act (April 10, 2001) United States' Response to Public Comments (January 16, 2001) Before the ink . It was headquartered for most of its existence in Richmond, Virginia; the Modernist style Reynolds Metals Company International Headquarters was built there in 1958. Their plan did not work. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 All the lifting and transferring of raw materials was a costly and inefficient way to manufacture foil. 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. reynolds metals co- Aluminum/Al foil,plate/sheet,aluminum alloy FOIL DISTRIBUTING COMPANY (trading name) REYNOLDS ALUMINUM RECYCLING COMPANY (trading name) . NJ USA. You may change your billing preferences at any time in the Customer Center or call 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. Featuring an all-aluminum exterior and many other innovative architectural elements, the Alcoa Building in Downtown Pittsburgh is completed. That company went on to be known as Alcoa. David P. Reynolds, a metals manufacturing executive who helped bring aluminum foil and aluminum beverage cans into the American kitchen, died on Monday in Richmond, Va. The introduction of foil revolutionized modern homes. Principal Subsidiaries: Reynolds Metals Development Company; Southern Reclamation Company; Reynolds Consumer Products, Inc.; Reynolds International Inc. It was named to the National Register of Historic Places, one of the rare mid20th century buildings on the list. McCOOK METALS LLC v. Reynolds Metals Company, Party in Interest Portions of the site were contaminated by these activities. Founder: Richard S. Reynolds Sr. The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. Reynolds was sold to Alcoa in 2000, five years after Mr. Reynolds stepped down from its board. His three brothers, David, William G., and J. Louis, also assumed much of the responsibility for running the business, concentrating primarily on a program of rapid overseas expansion. Alcoa conducts operations in 10 countries. Reynolds began as a supplier of foil for cigarette packaging. As a fully integrated manufactuer, distributor, and marketer of primary and value-added fabricated aluminum products, the company operates 100 manufacturing facilities in 24 nations. 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. Alcoa -- Home George Cain - Reynolds Metals Co Inc, Richmond, Virginia - AllPeople Finally, we can read about how these great companies came about with Company Histories.. In addition, Bill previously held key corporate financial positions in Financial Analysis & Planning and as Director of Investor Relations. LS7030 by Alcoa Reynolds Metals Company - Get an Instant Quote Reynolds Wrap was first made by a Reynolds Metals Company division, Reynolds Packaging, a business created to supply aluminum foil for packaging tobacco. Reynolds Metals Company -- Company History The U.S. Department of Justice and the European Commission approved the Get the latest local business news delivered FREE to your inbox weekly. Earlier in his career, Bill held engineering, marketing management and business planning positions with Westinghouse and Emerson Electric. reynolds metals company trademarks. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Millennium parent company files for Chapter 11, Columbia River site land goes back to Alcoa, State report lists wide price range for cleanup of former Reynolds site, Nebraska cheerleader competes by herself at state competition, but crowd doesn't let her feel alone, UPDATE: Owner of Longview's Grant's at the Monticello Hotel dies, KFC is bringing back a fan favorite after a nearly 10-year hiatus, UPDATE: Grant Hadler's death ruled a homicide; Kelso man arrested on suspicion of manslaughter, Police detain man reportedly threatening to jump off Lewis and Clark Bridge, Body found in river near Castle Rock identified, 2A High School Boys Basketball: Mark Morris going hardware shopping at State after dropping Sehome, Kelso man dies weeks after Lewis River Road accident, Cowlitz County Jail sees more serious suspected offenders, fights in 2023, High School Boys Basketball State Preview: Mark Morris, R.A. Long could play for a State championship, 2A High School Boys Basketball: Gray gets hot, helps Mark Morris over No. In tribute, Reynolds donated $1 million to Meals on Wheels. The company has developed new process technologies in aluminum-lithium casting, electromagnetic casting, and various techniques in automation. ALCOA/Reynolds Metals Site - USGS Reynolds, Jr. was named the company's new president in 1948. In 2016, she returned to Alcoa Inc. in a consulting role to the Finance Department related to the separation transaction. Kelly graduated from the University of Virginia, McIntire School of Commerce with a Bachelor of Science degree in commerce, concentration in Finance. Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982. Alcoa Sign up for our newsletter to keep reading. Akwesasne, NY 13655 There was a problem saving your notification. Metals/mining Company. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. When the merger was approved, 300 key communicators from both companies in 36 countries around the world could access, with the click of a mouse, merger communications kits and order a wide selection of collateral and materials for customized distribution to employees and other audiences. Suite 500 H->/},lZ+ue1lj8 Gl :!= !pD87;6e,b>#'|'@?H10(}v9$ 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 Hart merged his other packaging companies into Reynolds to create Reynolds Group Holdings. To save weight, the engine block and crankcase of the Wright Brothers' historic "Flyer" are cast from aluminum supplied by The Pittsburgh Reduction Company. Fata, Reynolds, and a group of Soviet organizations began constructing a $200 million aluminum-foil plant in Siberia in the 1990s. Content Protected Copyright 2023 NRDAR. After the Second World War, the sense of aluminum's utility expanded to include its ornamental characteristics. Alcoa-Reynolds merger a done deal - Pittsburgh Post-Gazette In 2010, he received the Chartered Financial Analyst designation from CFA Institute. Other end-uses for Reynolds products are aluminum beverage cans, flexible and foodservice packaging, consumer home food managment, transportation, building, and construction. 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The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. Two Days Mattered Most. Old Reynolds Aluminum Plant Troutdale Oregon History Page 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. You can enable targeting cookies on our Cookie Policy page. It will serve as the companys headquarters for more than 40 years. 1978) June 6, 1978. In this role, he oversaw extensive restructuring of the upstream business with an emphasis on optimizing the groups centers of excellence (COEs), including the launch of the mining COE. In 2007, Renato joined Brazil Treasury, where he designed and implemented the funding strategy for the Alumar expansion and the Juruti mining projects.
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