AZ USA. He had also previously served as a board member of AlcoaPrevi, the Alcoa employees pension fund in Brazil. 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 production equipment was, therefore, installed in long rows, which eliminated the need for the expensive transporting of the product. [3] Molly is a member of the Alcoa Executive Team, which sets strategy for the Company. You have permission to edit this article. 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. 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. 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. He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. 00-1333. ALCOA absorbed the assets of Reynolds Metals in 2000, but the Massena plant remained operational until March 2014. Aluminum is an essential element in powering a global, sustainable economy. 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. The most common ethnicity at Reynolds Metals Company is White (65%). As part of this role, he oversaw the Alcoa Foundation, one of the largest corporate foundations in the U.S. During his Alcoa career, Roy has held a variety of operating and financial assignments across the U.S., Europe and Latin America. Key messages stressing the mergers benefits were delivered via the Intranet to 125,000 employees within hours. Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. Crews on Monday work along Industrial Way near Northwest Alloys. Intranet Innovation Ketchum created an Alcoa Intranet site where merger documents, including advertising, were prepared and held ready for last minute changes. [citation needed]. Akwesasne, NY 13655 Metals 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. The Reynolds Metals Company facility in Troutdale, Oregon, was a primary aluminum reduction plant. He was 96 . 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. 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 . 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. Earlier, he served as Director of Investor Relations, and before this role was Director of Corporate Treasury. R.S. 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. In 2007, Renato joined Brazil Treasury, where he designed and implemented the funding strategy for the Alumar expansion and the Juruti mining projects. The new units were packaging and consumer products, construction and distribution, transportation, metals and carbon products, bauxite and alumina, and cans. 482 (N.D. Ind. alumina refineries. 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. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 In fact, the company recorded annual sales of $13 million in 1930 and moved its corporate headquarters to New York City. 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. We open a world of design possibilities with aluminum . Alcoa works with Pittsburgh Brewing's iconic Iron City Beer brand to launch the first aluminum bottle to the North American beer industry. 7/21/1945. Phone: (518) 358-3141 Fax: (518) 358-6245, Copyright Saint Regis Mohawk Tribe (en-US). As of 1980, the company was recycling almost half the number of cans it produced. It also ushers in a new era of high-rise buildings clad in Alcoa aluminum. It has received a great deal of praise for its recycling philosophy. 13% of Reynolds Metals Company employees are Black or African American. . The smelter closed in 2001. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. Aluminum is an essential element in powering a global, sustainable economy. Reynolds Metals Company produces aluminum and aluminum foil products. 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. Reynolds then embarked on a capital-improvements program that involved the expenditure of billions of dollars and the shutting down of some of the company's less-profitable operations. Please enable targeting cookies to watch videos. The Reynolds Metals Company is located at 194 County Route 45 in Massena, New York. Principal Operating Units: Packaging and Consumer Products; Construction and Distribution; Transportation; Metals and Carbon Products; Bauxite and Alumina; Cans. As Director of Marketing, she was responsible for global branding and leading the development of marketing communication strategies for Alcoas markets and businesses. (if applicable) for The Wall Street Journal. In 2016, she returned to Alcoa Inc. in a consulting role to the Finance Department related to the separation transaction. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. Alcoa's Reynolds division was a leader in household baking and cooking products, which included Cut-Rite Wax Paper. You may change your billing preferences at any time in the Customer Center or call Founded: 1919 Headquarters: Auckland Ceased . As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. Alcoa expands the Sustana line of products with the introduction of EcoSource, the industrys first low-carbon, smelter-grade alumina brand. Printed materials were also available on a CD ROM in any of 11 languages. Alcoa . 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. 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. [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. Their plan did not work. REYNOLDS METALS COMPANY FOUNDATION (Delaware (US), 24 Jul 1978 - ) REYNOLDS METALS COMPANY, LLC (Delaware (US), 18 Jul 1928 - ) Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders. 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. ARCONIC Benefits Resources (ARCONIC4U Service) or 1-844-927-2664 . After 30 years working in hot and smoky conditions at Reynolds Aluminum's anode tender, Tom Henderson felt he earned his retirement in 1998. 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. Suite 500 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. Reynolds chose the location because of the abundant supply of competitively-priced hydropower and next-door customer General Motors. 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. Reynolds Aluminum Supply Co. RASCO is a partner in MetalSpectrum, a metals e-commerce venture announced Tuesday that Alcoa also has a stake . Advertising. Alex Murdaugh Receives Life Sentence: What Happens Now? Alcoa's common stock is listed on the New York Curb Exchange, forerunner of the American Stock Exchange. 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. Get the latest business insights from Dun & Bradstreet. 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. In 1928, after buying back the stock he had sold to R.J. Reynolds to start U.S. Foil, R.S. In 1991 new products included a light-weight, stronger composite architectural panel metal for the construction industry. Large quantities of wastes were generated by the plant during the production of aluminum. He has deep experience leading Alcoas finance function, having overseen for treasury, pension, tax, controllership, financial planning and analysis, audit, investor relations and transformation. Alcoa 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. . She joined Vista Metals in 2015 and was responsible for strategic planning, business development, finance, accounting, and metal risk management for the company. [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. At one time, the plant employed more than 300 . 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. 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. Today, we are the right company at the right time. 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. $ + tax 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. Permits to start clearing contaminated soil along Industrial Way in Longview could be secured this summer, with cleanup starting in 2023, officials say. 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. . Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but the wait does not prevent the site from being developed or leased today. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Thanks to all who contributed Alcoa's growing influence in the aluminum industry. Reflecting heat and keeping foods cooler and fresher, Alcoa introduces aluminum foil to America. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). The company was founded by R.S. 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. 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. Trying to buy Reynolds Metals out from under Alcoa. [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. Alcoa will have to sell He later moved to Brazil as casthouse manager in the So Luis smelter and then as the plant controller. 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. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology . Alcoa has acquired 25 companies. Most recently, she held the role of Vice President, Government Affairs, Western Hemisphere, where she led federal and state government affairs activities for Alcoas operations in Canada, Brazil, and the United States. Even with smaller cans, recycling them and other aluminum products was achieving record levels. The U.S. Department of Justice and the European Commission approved the The Reynolds Metals Company International Headquarters is an International Style building complex set in a composed landscape near Richmond, Virginia, completed in 1958. . 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) At Alcoa, we believe our legacy is our call to action. In this role, Sonya is responsible for global government affairs, community relations, communications, and sustainability in support of the Companys strategic priorities. What Reynolds' shareholders . The material was moved manually from one floor to another before the finished product was ready for shipment. All Rights Reserved.Terms If you experience any issues with this process, please contact us for further assistance. Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982. An aluminum smelter and cable mill ran on the property for almost 60 years, leaving contaminants like fluoride and cyanide in the soil, the state says. Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. The former RMC facility . Founder: Richard S. Reynolds Sr. Late in the 1980s the company introduced a line of colored plastic wraps and resealable plastic bags. 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. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. Reynolds, Jr. was named the company's new president in 1948. 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. Here's a rundown on a combined Alcoa-Reynolds Metals and the terms of Alcoa's agreement with the U.S. Department of Justice. In 1973 a Reynolds unit pleaded guilty to charges of importing ores from Rhodesia, in violation of U.S. government sanctions against the country at the time. 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. Included were the first aluminum drill pipe in 1960 and the first aluminum beverage can in 1963, both successful. Get the latest local business news delivered FREE to your inbox weekly. Like most U.S. industrial giants, Reynolds lost sales in the recession of the early 1980s. 10/29/1941. In 1981, the company expanded its recycling capacity with two more facilities. Before coming to Alcoa, Roy was Corporate Manager of Environmental Affairs at Greenstone Resources Ltd., a gold mining company based in Central America. under which this service is provided to you. lifetime. filed: august 10, 1946 aluminum and aluminum alloys in rolled, cast, extruded, and forged state owned by: reynolds metals company serial number: 71507218. reynolds pak. Alcoa works with the Pittsburgh Brewing Company to introduce easy-open aluminum pull tabs on cans of Pittsburgh Brewing's Iron City beer. 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. Two Days Mattered Most. Reynolds Metals was acquired by Alcoa in June 2000. During the 1920s most foil for packaging was made of lead and tin alloys. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section. 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 St. James Press, 1998. Before the ink . The Reynolds Metal Company was a prominent American producer of aluminum, founded in 1919 by Richard S. Reynolds, Sr. The plant covered 80 acres, surrounded by 700 acres which was also owned by the Reynolds Metals Company. its acquisition of Reynolds 201 Isabella Street 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. 1978) June 6, 1978. 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. You can cancel at any time. 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. A WarnerMedia Company. 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. 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. Reynolds has been involved in an impressive recycling effort since 1968. Bill serves on the Board of Directors of the National Association of Manufacturers, the largest industrial trade association in the U.S. and the nations most influential advocate for manufacturing. In 1928, Reynolds purchased Robertshaw Thermostat, Fulton Sylphon, and part of Beechnut Foil, adding them to U.S. Foil to create Reynolds Metals. Reynolds then resumed marketing the facility. Discover Alcoan innovations that changed the world. hb```f``d$30 P(q4$@6gFU+ 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. Every two weeks, the company had taken 10 percent of . 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. . To save weight, the engine block and crankcase of the Wright Brothers' historic "Flyer" are cast from aluminum supplied by The Pittsburgh Reduction Company. NJ USA. In Pittsburgh, Alcoa founder Charles Martin Hall finds experienced, hard-working visionary backers (led by Captain Alfred E. Hunt) for his aluminum reduction (electrolysis) discovery. Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. Decided: May 10, 2001 Before NIEMEYER, MICHAEL, and MOTZ, Circuit Judges. 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. Alcoa is an international aluminum company with operations in multiple countries and U.S . During its use by Reynolds, the Executive Office Building was known as Reynolds EXO. Alcoa charters a new development organization: Alcoa Foundation. Prior to joining Alcoa, Kelly was with Vista Metals Corp, as the Vice President, Finance. Before actions were taken to address the contamination in the St. Lawrence River, polychlorinated biphenyls (PCBs) were the primary contaminant found in the St. Lawrence sediment adjacent to the Reynolds facility that could be attributed to the facility. Co., the world's third-largest aluminum company, in a $4.5 You will be charged 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. 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. The worlds first flying machine is powered by an aluminum heart made from Alcoas new metal. Reynolds recognized the advantages of using lighter-weight, less-expensive aluminum foil. 12/31/1982. He is also a Director of Alcoa Corporation. If so, just fill out the short Request for Quote (RFQ) form below to get started. Content Protected Copyright 2023 NRDAR. After the Second World War, the sense of aluminum's utility expanded to include its ornamental characteristics. Reynolds also produces plastic products which are primarily used in its packaging and consumer products businesses. Molly Beerman is Executive Vice President and Chief Financial Officer. After submitting your request, you will receive an activation email to the requested email address. In 1940 Reynolds Metals began mining bauxite (aluminum ore) in Bauxite, Arkansas and opened its first aluminum plant near Sheffield, Alabama, the following year. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. 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. Prior to the separation of Alcoa Inc. into two companies, Molly was Director, Global Shared Services Strategy and Solutions. . billion deal. US District Court for the Northern District of Indiana - 457 F. Supp. 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 . 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. By 1990, the company included production plants throughout the country including a facility in Washington and mining operations throughout the world. With the end of World War II, the company focused its direction on consumer goods and construction. It has also divested 22 assets. One market that did show promise, though, was bridge deck replacement, and in 1996 Reynolds renovated the Corbin suspension bridge in Huntingdon County, Pennsylvania. In 2019, the Department of Ecology announced a $28 million cleanup at the former Reynolds Metal plant, including excavating and capping contaminated soil onsite and disposing of soil contaminated with petroleum offsite. At the time, most foil was manufactured in tall, multi-storied buildings. The company was originally founded to produce foil for cigarette packaging. 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. %PDF-1.6 % Today, because of innovations like the pull tab, and because of aluminum's recyclability, the canned beverage market is virtually 100% aluminum. The company was acquired by Alcoa on May 3, 2000 to become the largest aluminum company in the United States. 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. (Alcoa) and Reynolds Metals Company (Reynolds). IL. Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. 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 . RMC, under a Consent Order with NYSDEC, agreed to investigate the contamination at the facility; this investigation excluded the St. Lawrence River. The company continued to offer new products to the marketplace. Jeff also served as the Secretary of Alcoa Corporation from November 2016 through December 2019. In tribute, Reynolds donated $1 million to Meals on Wheels. There was a problem saving your notification. 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. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. [9], By 1991, Reynolds Metals employed 30,800 workers at more than 100 operations in 20 countries, including 64 plants in the United States, and had a total production capacity of more than 1 million tons of aluminum and aluminum products. The company recycles more cans than it produces. Sonya is a member of the Alcoa Executive Team, which sets strategic direction for the Company. In 1980, 51 percent of its Jamaican assets and operations and all of its Jamaican land holdings were sold to the Jamaican government. The beverage can with the stay-on, pull-top tab was well received in 1975. Employees: 126,700. Chat Now Send Inquiry; . 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 .