reynolds metals company alcoa reynolds metals company alcoa

Large quantities of wastes were generated by the plant during the production of aluminum. You did a masterful job of coordinating this project and have been a major contributor throughout. A WarnerMedia Company. [8] In 1969, Aluminaut rescued Alvin (DSV-2). Hart later closed five other plants within Reynolds. 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. 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 . 12/31/1982. Active worldwide in all major elements of the industry, Alcoa's operations . You have permission to edit this article. 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. You may change your billing preferences at any time in the Customer Center or call You can enable targeting cookies on our Cookie Policy page. 201 Isabella Street From June 2014 to October 2015, Roy was Executive Vice President, Human Resources, Environment, Health & Safety and Sustainability. 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. 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. 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. The company has developed new process technologies in aluminum-lithium casting, electromagnetic casting, and various techniques in automation. Reynolds decided to move the company's headquarters south again. 2021 [3], Reynolds Metals became known for the consumer product Reynolds Wrap foil, as well as for developing and promoting new uses for aluminum. After 30 years working in hot and smoky conditions at Reynolds Aluminum's anode tender, Tom Henderson felt he earned his retirement in 1998. 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. The company also announced that employment would once again be reduced by 12 percent to cut costs. More than 5 million people in 56 markets heard the news through the VNR broadcast. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Reynolds Metals became known for the consumer product . 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 Inc. and Reynolds Metals Company announced today that the U.S. Department of Justice and the European Union have approved their proposed merger and . He has deep experience leading Alcoas finance function, having overseen for treasury, pension, tax, controllership, financial planning and analysis, audit, investor relations and transformation. The company began producing aluminum foil for packaging in 1926. All rights reserved. At Alcoa, we believe our legacy is our call to action. The most common ethnicity at Reynolds Metals Company is White (65%). Cleanup Site Information. ALCOA Benefits Resources (ALCOA4U Service) or 1-844-312-5262. Free and open company data on Delaware (US) company REYNOLDS METALS COMPANY, LLC (company number 240111) Learn how to leverage transparent company data at scale. Alcoa Aluminum is an essential element in powering a global, sustainable economy. US District Court for the Northern District of Indiana - 457 F. Supp. * Reynolds, Jr. was named the company's new president in 1948. 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? Renato joined Alcoa Inc. in 1997 in So Paulo (Brazil). St. James Press, 1998. In 1947, the company released Reynolds Wrap Aluminum Foil. Today, because of innovations like the pull tab, and because of aluminum's recyclability, the canned beverage market is virtually 100% aluminum. Sign up for our newsletter to keep reading. Earlier, he served as Director of Investor Relations, and before this role was Director of Corporate Treasury. 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. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. FOIL DISTRIBUTING COMPANY (trading name) REYNOLDS ALUMINUM RECYCLING COMPANY (trading name) . Prior to ERI, Kelly worked in the aluminum industry for fifteen years. Before coming to Alcoa, Roy was Corporate Manager of Environmental Affairs at Greenstone Resources Ltd., a gold mining company based in Central America. Discover Alcoan innovations that changed the world. The new units were packaging and consumer products, construction and distribution, transportation, metals and carbon products, bauxite and alumina, and cans. All rights reserved. By using its well-established marketing, sales, and distribution organizations, Reynolds was able to add new products without increasing employment. With the end of World War II, the company focused its direction on consumer goods and construction. 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 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. Disclaimer. Reynolds also discharged contaminants to the St. Lawrence River through four permitted outfalls. In 2007, he became plant manager for the San Ciprin smelter in Spain, and a year later he was named Director of Finance and Business Integration for GPP Europe. In this role, Kelly is responsible for leading the commercial function including sales and trading, marketing, supply chain, commercial operations, and procurement. . Founder: Richard S. Reynolds Sr. The U.S. Department of Justice and the European Commission approved the Hart merged his other packaging companies into Reynolds to create Reynolds Group Holdings. Sonya is a graduate of The Ohio State University with a bachelors degree in Journalism. As consumers, we often take for granted all the hard work that goes into building a great company. 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. McCook alleged that Alcoa interfered with McCook's customer contracts and prospective business advantage in violation of state law, that Alcoa monopolized the . Reynolds also produces plastic products which are primarily used in its packaging and consumer products businesses. 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' Metals was acquired by Alcoa in 2000, and the 35-acre former headquarters campus and buildings were picked up by the University of Richmond in 2001 for a mere $8 million. 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. Morningstar: 2018 During the same year, Alcoa gains approval to globally market and sell sustainably produced products with certifications from the Aluminium Stewardship Initiative. The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. 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. Alcoa's largest acquisition to date was in 2000, when it acquired Reynolds Metals for $4.5B. endstream endobj startxref In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. 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. Principal Operating Units: Packaging and Consumer Products; Construction and Distribution; Transportation; Metals and Carbon Products; Bauxite and Alumina; Cans. Thanks to all who contributed 1000683 American Standard Manufacturing Co. Chicago. In 1928, after buying back the stock he had sold to R.J. Reynolds to start U.S. Foil, R.S. By providing your email address, you are providing consent to Alcoa to send you the requested Investor Email Alert updates. 10/29/1941. reynolds metals company trademarks. REYNOLDS METALS COMPANY FOUNDATION (Delaware (US), 24 Jul 1978 - ) REYNOLDS METALS COMPANY, LLC (Delaware (US), 18 Jul 1928 - ) Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All rights reserved. in tight supply, and the price has nearly doubled since last year. She joined Vista Metals in 2015 and was responsible for strategic planning, business development, finance, accounting, and metal risk management for the company. 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. 13% of Reynolds Metals Company employees are Black or African American. Alcoa's growing influence in the aluminum industry. To opt-in for investor email alerts, please enter your email address in the field and select at least one alert option. The statistics refers to days lost due to workplace injury or illness. Get the latest local business news delivered FREE to your inbox weekly. Cable News Network. %PDF-1.6 % 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 . Designs included "Birds and Bees" for baby showers, "Born Lucky, Born Rich" for birthdays, and "Flight of Fancy" for weddings or Christmas. It will serve as the companys headquarters for more than 40 years. He said work could begin next spring and crews would need two dry seasons to complete the cleanup. Featuring an all-aluminum exterior and many other innovative architectural elements, the Alcoa Building in Downtown Pittsburgh is completed. Texas refinery. Pittsburgh, PA 15212-5858 Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982. Aluminum is an essential element in powering a global, sustainable economy. Reynolds Metals was acquired by Alcoa in June 2000. Alcoa works with Pittsburgh Brewing's iconic Iron City Beer brand to launch the first aluminum bottle to the North American beer industry. Aluminum bottles are unbreakable, keep beer colder longer, look better and recycle better than glass containers. 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. [citation needed]. Create an Account and Draft a QDRO for This Plan. Influence 4 Infocom 1 [click on the rating for the method or on the number for the data] 22% of Reynolds Metals Company employees are women, while 78% are men. In 1976 David P. Reynolds, also known for his involvement in Thoroughbred horse racing, took over as president. Printed materials were also available on a CD ROM in any of 11 languages. There was a problem saving your notification. Today, the Hall-Hroult Process is the one method by which every aluminum producer in the world operates. In May 1988 Reynolds acquired Presto Products, Inc., a $200-million-a-year producer of plastic bags. U.S. v. Alcoa and Reynolds Metals. Reynolds's World War II production was extensive. Even with smaller cans, recycling them and other aluminum products was achieving record levels. Reynolds/Alcoa will begin negotiations for consent decree with EPA and DEQ in January 2007. 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. 457 F. Supp. Sonya is a member of the Alcoa Executive Team, which sets strategic direction for the Company. 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. Alcoa is the largest aluminum company in the United States and the world. A century later, 2017-T4 is still used for aircraft sheet and plate. 1919 - 2000. While there, he worked with the global casthouse system to develop performance measurement systems and drive casthouse profitability. Prior to this role, he served as Chief Financial Officer, GPP. 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. If you experience any issues with this process, please contact us for further assistance. . The Reynolds Metals Company International Headquarters is an International Style building complex set in a composed landscape near Richmond, Virginia, completed in 1958. . R.S. Crews on Monday work along Industrial Way near Northwest Alloys. 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 . The company was acquired by Alcoa on May 3, 2000 to become the largest aluminum company in the United States. Alcoa bought the Reynolds Metals Co. and its Longview aluminum plant, located west of Longview, in 2000. Reynolds expanded its holdings worldwide, and in 1953 the company organized Reynolds International, Inc. in an effort to consolidate and further expand foreign operations. 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. All times are ET. He is also a Director of Alcoa Corporation. Finally, we can read about how these great companies came about with Company Histories.. 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. On a hill overlooking the Allegheny River and Alcoa's production facility along its banks in Pittsburgh, the company builds a campus-like facility dedicated to finding new aluminum applications, testing its performance and improving production processes. During its operation, various types of industrial waste were disposed of throughout the Reynolds facility. All the lifting and transferring of raw materials was a costly and inefficient way to manufacture foil. 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. The Foundation will play a significant role in strengthening sustainability in Alcoa communities worldwide. As Reynolds Metals entered the 1990s, the company was in the best financial condition in its history. 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. Today, we are the right company at the right time. The company also sold its 40 percent interest in Australia's Boddington Gold Mine, but was to exit the gold business altogether the next year. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 The beverage can with the stay-on, pull-top tab was well received in 1975. 700 0 obj <>stream In 1938 R.S. In addition to its capital investment program, the company expanded its research-and-development efforts. The Open Database Of The Corporate World. What Reynolds' shareholders . Found 91 colleagues at Reynolds Metals Co Inc. 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 RMC facility was placed on the New York State Department of Environmental Conservation (NYSDEC) Registry of Inactive Hazardous Waste Sites in 1987. 673 0 obj <> endobj 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. Printed materials were also available on a CD ROM in any of 11 languages. RMC, under a Consent Order with NYSDEC, agreed to investigate the contamination at the facility; this investigation excluded the St. Lawrence River. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Employee concerns and questions were anticipated and answered by key communicators or via e-mail. 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. Alcoa announced an ambition to achieve net-zero greenhouse gas (GHG) emissions across its global operations by 2050. Here are the top 25 Reynolds Metals Co. profiles on LinkedIn. The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. Alvin's work continues 45 years later. She also established the Companys privacy office in response to the implementation of GDPR. Find company research, competitor information, contact details & financial data for Reynolds Metals Company, LLC of New York, NY. Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but . 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.