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lifetime. Texas refinery. Known officially since 1907 as The Aluminum Company of America, the company decides it's time for a name that reflects its status as a global company. You will be charged During its operation, various types of industrial waste were disposed of throughout the Reynolds facility. Molly is a certified public accountant and began her career with the Pittsburgh office of Deloitte. Today, the Hall-Hroult Process is the one method by which every aluminum producer in the world operates. Customer Service. Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. 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. R.S. . It was in turn leased to Philip Morris USA in 2003 and later joined by parent company Altria in 2008. 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. 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. Renato is a member of the Alcoa Executive Team, which sets strategic direction for the Company. IL. With an unrivaled foundation of operational excellence, weve spent more than a century refining our processes to develop next-generation technologies that shape how we live, build, move and fly. US District Court for the Northern District of Indiana - 457 F. Supp. 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 . By using its well-established marketing, sales, and distribution organizations, Reynolds was able to add new products without increasing employment. 482 (N.D. Ind. Decided: May 10, 2001 Before NIEMEYER, MICHAEL, and MOTZ, Circuit Judges. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. Molly is a seasoned financial executive having worked in strategic positions that require a combination of technical accounting, process improvement and technology expertise. 19. He has also held major assignments in the GPP business, including Controller and Operational Excellence Director. Reynolds's World War II production was extensive. [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'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. The company has developed new process technologies in aluminum-lithium casting, electromagnetic casting, and various techniques in automation. 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). All the lifting and transferring of raw materials was a costly and inefficient way to manufacture foil. 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. The company continued to offer new products to the marketplace. 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. 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). Already a member? You can sign up for additional alert options at any time. 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. Though known for most of its post-war existence as Reynolds Metals, the plant was owned by Alcoa at both the beginning and the end of its sixty-year life. 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. Even with smaller cans, recycling them and other aluminum products was achieving record levels. Aluminum production resumed from 1998 to 2000. . Aluminum is an essential element in powering a global, sustainable economy. 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. Morningstar: 2018 Alex Murdaughs Trial Lasted Six Weeks. Reynolds invested more than $400 million in Alabama to ensure its position as a world-class producer of aluminum-can stock and can-end stock. In addition, Bill previously held key corporate financial positions in Financial Analysis & Planning and as Director of Investor Relations. The PR industrys most comprehensive listing of firms from every region and specialty. Aluminum is infinitely recyclable, and recycling uses 95% less energy than it takes to make aluminum from raw ore. We feel that the views of the reader are as important as the views of the writer. 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. It also ushers in a new era of high-rise buildings clad in Alcoa aluminum. At Alcoa, we believe our legacy is our call to action. Hart later closed five other plants within Reynolds. Reynolds recognized the advantages of using lighter-weight, less-expensive aluminum foil. At Alcoa, we believe our legacy is our call to action. It's largest disclosed sale occurred in 2001, when it sold Cordant Technologies to Alliant Techsystems . Fata, Reynolds, and a group of Soviet organizations began constructing a $200 million aluminum-foil plant in Siberia in the 1990s. 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. 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. Furthermore, the company noted that as more and more aluminum is used in automobiles, appliances, building products, packaging items, foil and foil products, and other household goods, there will be more metals entering the recycling stream. From June 2014 to October 2015, Roy was Executive Vice President, Human Resources, Environment, Health & Safety and Sustainability. Prior to this role, he served as Chief Financial Officer, GPP. 3 aluminum maker. The following year, Reynolds ventured outside the United States for the first time by opening a foil production plant in Havana. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. [1] [2] Contents. hbbd``b`f KSb%) D| DXS+[ X@P #dF? 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. 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. 2021 In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. In 1928, after buying back the stock he had sold to R.J. Reynolds to start U.S. Foil, R.S. I am very grateful for your help.-- Gary Biviano, VP/Lead on the Alcoa/Reynolds Merger Communications Team. If you experience any issues with this process, please contact us for further assistance. In addition to its capital investment program, the company expanded its research-and-development efforts. 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). Union employees with fixed compensation contracts did receive incentive compensation. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. Employee concerns and questions were anticipated and answered by key communicators or via e-mail. Molly Beerman is Executive Vice President and Chief Financial Officer. Alcoa expands the Sustana line of products with the introduction of EcoSource, the industrys first low-carbon, smelter-grade alumina brand. The material was moved manually from one floor to another before the finished product was ready for shipment. 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. In 1981, the company expanded its recycling capacity with two more facilities. History; Headquarters; Consumer products; References; Further reading; External links Soils show elevated levels of fluoride and polycyclic aromatic hydrocarbons (PAHs) and total petroleum hydrocarbons (TPHs), and . Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but the . 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. You have permission to edit this article. Jeff graduated from Penn State University in 1988, with a degree in Quantitative Business Analysis, and earned a Master of Business Administration Degree from the University of Pittsburgh in 1989. In 1938 R.S. 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"). Prior to that, Kelly was Vice President and Treasurer from 2011 to 2012 and started with Aleris in 2010 as Vice President of Global Risk Management in Zurich, Switzerland where she was responsible for managing and executing all aluminum and copper hedging on the London Metal Exchange (LME). In 2016, she returned to Alcoa Inc. in a consulting role to the Finance Department related to the separation transaction. More than 90% of all alloys currently used in the aerospace industry were developed by Alcoa research. 691 0 obj <>/Filter/FlateDecode/ID[<9C78213E2CE3C144AB7920A6F7FA9F46><27C37A7FD5E4B04A95E4799C14DA141A>]/Index[673 28]/Info 672 0 R/Length 84/Prev 442865/Root 674 0 R/Size 701/Type/XRef/W[1 2 1]>>stream Portions of the site were contaminated by these activities. 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. 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. 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. Reynolds, Jr. had previously founded a stock-brokerage firm that would later become Reynolds Securities, which eventually merged with Dean Witter. Prior to assuming this role, Jeff was Group Counsel for Alcoa Global Primary Products from 2010 to 2014. A century later, 2017-T4 is still used for aircraft sheet and plate. . She was Senior Vice President and General Manager of Aleris North America Rolled Products division from 2012 to 2014, responsible for over 1,800 employees at seven U.S-based aluminum mills. 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. 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 smelter closed in 2001. Today the company is the world's third largest aluminum and packaging company. [citation needed]. R.S. 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. Reynolds's 25% interest in a Washington smelter and all of Reynolds's Built 65years ago, is a Modernist building designed by the architect Gordon Bunshaft of Skidmore, Owings & Merrill. The Open Database Of The Corporate World. * 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. He was the last member of his family to head the company and would retire as chairman. From November 2016 to November 2019, Renato was Vice President and Treasurer. After spending several years in the tobacco business working for his uncle, R.S. 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 . 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. The Company serves customers in the aluminum fabricating, packaging and consumer, commercial construction, distribution, and . To opt-in for investor email alerts, please enter your email address in the field and select at least one alert option. The Reynolds Metals Company capitalized on the persuasive power of aluminum, by re-inventing it in such popular post-war campaigns as "The House of Ease," and "Do-It-Yourself!" [1] After serving as a key material for World War II aircraft frames and ship infrastructures, Reynolds Metals aluminum was re-cast from military to domestic use 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. 673 0 obj <> endobj ALCOA, INCORPORATED, Defendant-Appellee, Reynolds Metals Company, Party in Interest-Appellee. Uncover why Reynolds Metals/Alcoa is the best company for you. 12/31/1982. Two Days Mattered Most. 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. The Great Depression did not affect the growth of the newly formed company. In 1991 new products included a light-weight, stronger composite architectural panel metal for the construction industry. Aluminum is an essential element in powering a global, sustainable economy. Reproduction in whole or in part in The most common ethnicity at Reynolds Metals Company is White (65%). 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. 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. [1][2] Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. Renato joined Alcoa Inc. in 1997 in So Paulo (Brazil). Reynolds, Jr. was named the company's new president in 1948. 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. Customer Service. Large quantities of wastes were generated by the plant during the production of aluminum. Other end-uses for Reynolds products are aluminum beverage cans, flexible and foodservice packaging, consumer home food managment, transportation, building, and construction. Salaried employees have since received pay adjustments. NRD . 1919 - 2000. Reynolds's research had helped develop technology for the manufacture of aluminum automobile drive shafts and radiators. 1000683 American Standard Manufacturing Co. Chicago. 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. William F. (Bill) Oplinger is Executive Vice President and Chief Operations Officer of Alcoa, responsible for the daily operations of the Companys global bauxite, alumina, and aluminum assets. She currently serves on the Board of the Public Affairs Council and chairs the Government Affairs Committee for the US Aluminum Association. They downloaded fact sheets, newsletter articles, and employee benefits Q&A to help them communicate to employees. After the Second World War, the sense of aluminum's utility expanded to include its ornamental characteristics. Long-form journalism that analyzes the issues, challenges and opportunities facing the PR business. Thanks to all who contributed American Smelting & Refining Co. (Federal Metals Division) Newark. The former Reynolds Metals Company International Headquarters building is in Henrico County, Virginia, near Richmond. Four sons of founder Richard S. Reynolds, William G. Reynolds, Richard S. Reynolds Jr., David P. Reynolds, and J. Louis Reynolds, were all part of the running of the business. %PDF-1.6 % Pittsburgh, PA 15212-5858 Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. 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. . 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. Phone: (518) 358-2272 Fax: (518) 358-3203, Saint Regis Mohawk Health Service He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. The introduction of foil revolutionized modern homes. 700 0 obj <>stream All Rights Reserved.Terms 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. In 2019, Renato completed the Advanced Management Program 196 at Harvard University. Alcoa During the 1920s most foil for packaging was made of lead and tin alloys. Reynolds Metals Company is the world's third largest aluminum and packaging company. Reynolds, nephew of the tabacco giant R. J. Reynolds, in Louisville, Kentucky. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section. All rights reserved. By repurposing military by-products into consumer goods, aluminum was now being marketed for its decorative appeal as well, creating a product of both functional and eye-catching qualities. Northwest Alloys. 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. billion deal. The newly purchased Reynolds plant in Kentucky, however, was all on one floor, at ground level. Reynolds, Jr. was named the company's new president in 1948. 10/29/1941. An attempt to increase production capacities by 20 percent cost Reynolds an estimated $650 million in the mid-1960s. 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. 9 hO. In 1924, U.S. Foil purchased the manufacturer of Eskimo Pies, which were wrapped in foil. 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.Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders.Key messages stressing the mergers benefits were delivered via the Intranet to 125,000 employees within hours. Chat Now Send Inquiry; . Influence 4 Infocom 1 [click on the rating for the method or on the number for the data] Source: International Directory of Company Histories, Vol. Before the ink . 804-281-2000. The second phase will replace the line between Nippon Dynawave Packagings substation to the the substation on Weyerhaeusers property. Reynolds Metals Co., 1991. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. During its use by Reynolds, the Executive Office Building was known as Reynolds EXO. 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. 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. Reynolds, a former law student and nephew of R.J. Reynolds, one of the first U.S. tobacco barons. Alcoa's growing influence in the aluminum industry. We see them around but we don't know what goes on behind the scenes. 2 * McCook Metals L.L.C. Total cost is only $ 299.00. 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 Find out what works well at Reynolds Metals/Alcoa from the people who know best. The production equipment was, therefore, installed in long rows, which eliminated the need for the expensive transporting of the product. Alcoa will have to sell In this role, Kelly is responsible for leading the commercial function including sales and trading, marketing, supply chain, commercial operations, and procurement. In 2000, the plant was temporarily shut down. All rights reserved. The facility has been an active aluminum production plant since 1958. 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. The former RMC facility, which is not part of the site, was addressed under New York state authorities. Though he failed in his effort to buy the company, losing out to metals giant Alcoa Inc., Lynch is back in the news again. He later moved to Brazil as casthouse manager in the So Luis smelter and then as the plant controller. 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. Morningstar, Inc. All Rights Reserved. The new units were packaging and consumer products, construction and distribution, transportation, metals and carbon products, bauxite and alumina, and cans. Today, because of innovations like the pull tab, and because of aluminum's recyclability, the canned beverage market is virtually 100% aluminum. 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. At this location, Reynolds metals company employs approximately 166 people. Prior to joining Alcoa, Kelly was with Vista Metals Corp, as the Vice President, Finance. 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. Alcoa bought the Reynolds Metals Co. and its Longview aluminum plant, located west of Longview, in 2000. 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. More than 5 million people in 56 markets heard the news through the VNR broadcast. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 in tight supply, and the price has nearly doubled since last year. She also served as Director, Global Procurement Center of Excellence and earlier was Manager, North America Financial Accounting Services. Alcoa is an international aluminum company with operations in multiple countries and U.S . Renato serves on the board of directors of The Tull Family Theater, a nonprofit, film-based arts organization in the northwest region of Pittsburgh. During the 1960s the company continued to grow and introduce new all-aluminum products for home and industry. Its RV Aluminaut submarine was operated by Reynolds Submarine Services Corporation.[4]. R.S. Australia, 50% interest in a refinery in Germany and 100% interest in a Sign up for our newsletter to keep reading. 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. 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. 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. 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. 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. By providing your email address, you are providing consent to Alcoa to send you the requested Investor Email Alert updates.