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At Arconic Architectural Products, we amplify the visual impact of building design to make bold ideas even bolder. Get the latest local business news delivered FREE to your inbox weekly. After 30 years working in hot and smoky conditions at Reynolds Aluminum's anode tender, Tom Henderson felt he earned his retirement in 1998. In 1989 the company acquired an interest in the Fata European Group in Italy, a company with strong ties to and business experience in Eastern Bloc countries. I am very grateful for your help.-- Gary Biviano, VP/Lead on the Alcoa/Reynolds Merger Communications Team. U.S. v. Alcoa and Reynolds Metals. By the end of World War II, Reynolds had increased the company's production capacity to more than 450 million pounds. He was Chief Operating Officer for GPP, where he focused on the day-to-day operations of Alcoa's mining, refining, smelting, castings and energy businesses. The choice for the new official name is an easy one: "Alcoa," the well-known and popular short name coined first in 1910 as the name of a company town in Tennessee. . In 1970 the first all-aluminum automobile engine block was introduced. Included were the first aluminum drill pipe in 1960 and the first aluminum beverage can in 1963, both successful. Molly Beerman is Executive Vice President and Chief Financial Officer. 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. We see them around but we don't know what goes on behind the scenes. What Reynolds' shareholders . 673 0 obj <> endobj David Reynolds, Leader of Metals Company, Dies at 96 McCook alleged that Alcoa interfered with McCook's customer contracts and prospective business advantage in violation of state law, that Alcoa monopolized the . 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. He had also previously served as a board member of AlcoaPrevi, the Alcoa employees pension fund in Brazil. ALCOA, INCORPORATED, Defendant-Appellee, Reynolds Metals Company, Party in Interest-Appellee. In 1928, after buying back the stock he had sold to R.J. Reynolds to start U.S. Foil, R.S. Plagued by cost overruns and delays, by the time the project was finished demand for aluminum had leveled off. Alex Murdaugh Receives Life Sentence: What Happens Now? Reynolds/Alcoa will begin negotiations for consent decree with EPA and DEQ in January 2007. 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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section. Annual sales: $21 billion. Before coming to Alcoa, Roy was Corporate Manager of Environmental Affairs at Greenstone Resources Ltd., a gold mining company based in Central America. Reynolds, Jr. had previously founded a stock-brokerage firm that would later become Reynolds Securities, which eventually merged with Dean Witter. [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. Today, crews are razing buildings to prepare the property for development. In 1924, U.S. Foil purchased the manufacturer of Eskimo Pies, which were wrapped in foil. Kelly graduated from the University of Virginia, McIntire School of Commerce with a Bachelor of Science degree in commerce, concentration in Finance. It was in turn leased to Philip Morris USA in 2003 and later joined by parent company Altria in 2008. Reynolds Metals Company | Mesothelioma Lawyers Throneberry Law Group In addition to its capital investment program, the company expanded its research-and-development efforts. Founder: Richard S. Reynolds Sr. Alcoa Acquires Reynolds Metals In a Deal Worth $4.5 Billion The year also saw a milestone for Reynolds Wrap Aluminum Foil, which celebrated its 50th year. Morningstar, Inc. All Rights Reserved. It also ushers in a new era of high-rise buildings clad in Alcoa aluminum. 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 . By using its well-established marketing, sales, and distribution organizations, Reynolds was able to add new products without increasing employment. Annual sales for Reynolds metals company are around USD 1,638,797. During Mr. ONeills 13-year tenure at Alcoa, the number of lost work days per 100 employees fell to 0.2 from 1.86. Find company research, competitor information, contact details & financial data for Reynolds Metals Company, LLC of New York, NY. Hart merged his other packaging companies into Reynolds to create Reynolds Group Holdings. In the early 1980s, David Reynolds and William Bourke, a former Ford Motor Company vice president and now Reynolds's chairman and CEO, realized that Reynolds's upstream costs--for mining, smelting, and refining--were cutting into downstream profits on finished goods, like aluminum foil and cans. Messages focused on the strengths, histories and values of both companies, and included prepared articles for use in plant publications, to customizable letters for community leaders. Gaines said more structures are slated for demolition on the Northwest Alloys site than will remain on the 510 acres. 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. The Reynolds Metals Company is located at 194 County Route 45 in Massena, New York. In 2007, Renato joined Brazil Treasury, where he designed and implemented the funding strategy for the Alumar expansion and the Juruti mining projects. Wiki User 2008-09-19 16 . Customer Service. Alcoa charters a new development organization: Alcoa Foundation. Reynolds fortunes were greatly improved by the discovery of gold at one of the company's bauxite properties in Australia in 1986. Reynolds Metals was acquired by Alcoa in June 2000. 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 -- Home Reynolds was sold to Alcoa in 2000, five years after Mr. Reynolds stepped down from its board. Do Not Sell, Acceptance of $5.8B offer may not end battle for No. The statistics refers to days lost due to workplace injury or illness. Reynolds Wrap was first made by a Reynolds Metals Company division, Reynolds Packaging, a business created to supply aluminum foil for packaging tobacco. 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. 457 F. Supp. 22% of Reynolds Metals Company employees are women, while 78% are men. Prior to joining Alcoa, Tammi held various progressive HR roles with Basell Polyolefins and Network Rail. To save weight, the engine block and crankcase of the Wright Brothers' historic "Flyer" are cast from aluminum supplied by The Pittsburgh Reduction Company. 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 . Alcoa . The facility has been an active aluminum production plant since 1958. Prior to assuming this role, Jeff was Group Counsel for Alcoa Global Primary Products from 2010 to 2014. It was named to the National Register of Historic Places, one of the rare mid20th century buildings on the list. Reynolds, nephew of the tabacco giant R. J. Reynolds, in Louisville, Kentucky. There was a problem saving your notification. The Reynolds Metals Company facility in Troutdale, Oregon, was a primary aluminum reduction plant. The U.S. Department of Justice and the European Commission approved the He believed new aluminum-producing facilities would need to be built to meet demand. rardttir, R., "Aluminum production waste mapping - A case study of the Icelandic aluminum industry," 30 ECTS thesis, School of Engineering and Natural Sciences University of Iceland . Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. 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) In addition to responsibility for global treasury activities, Renato also had accountability for Alcoas Corporate Development function, which included evaluating the best uses of the companys capital, sourcing and executing transactions on acquisitions, divestitures and joint ventures. Trying to buy Reynolds Metals out from under Alcoa. Reynolds Metals Company, LLC Company Profile | New York, NY US District Court for the Northern District of Indiana - 457 F. Supp. ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) 1000683 American Standard Manufacturing Co. Chicago. Reynolds metals company | (501) 844-2000 | Malvern, Arkansas Earlier, he served as Director of Investor Relations, and before this role was Director of Corporate Treasury. Reynolds Metals Superfund Site (Alcoa East) - Saint Regis Mohawk Tribe Alcoa purchased the land from Reynolds Metals that year. Suite 500 R.S. Alcoa's growing influence in the aluminum industry. 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. Reynolds Metal Company | People | The Collection of Historical During its operation, various types of industrial waste were disposed of throughout the Reynolds facility. 12/31/1982. From June 2014 to October 2015, Roy was Executive Vice President, Human Resources, Environment, Health & Safety and Sustainability. 2021 Reynolds recycled 584 million pounds of aluminum, including more than 11 billion aluminum beverage cans, and nearly 228 million pounds of non-can aluminum scrap in 1996 alone. Late in the 1980s the company introduced a line of colored plastic wraps and resealable plastic bags. In tribute, Reynolds donated $1 million to Meals on Wheels. 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. Chat Now Send Inquiry; . 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. R.S. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. 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. 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 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. its acquisition of Reynolds Alcoa successfully completes the installation of press filtration technology for bauxite residue at its Poos de Caldas refinery in Brazil. She is responsible for the Companys finance functions, corporate development, and the global Information Technology and Automated Solutions functions. Prior to the separation of Alcoa Inc. into two separate companies in 2016, Renato was Assistant Treasurer of Alcoa. 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. Reynolds chose the location because of the abundant supply of competitively-priced hydropower and next-door customer General Motors. Large quantities of wastes were generated by the plant during the production of aluminum. Hart later closed five other plants within Reynolds. The Alcoa-Reynolds Merger - PRovoke Media Alcoa conducts operations in 10 countries. * Reynolds decided to move the company's headquarters south again. Reynolds looked into new products and areas of manufacturing to redeploy its assets, seeking businesses that would provide higher profits and faster growth than those of aluminum. The company also acquired a bauxite mining operation in Arkansas to help feed the smelters. The work is not part of the state-requested cleanup of contaminated soil, which officials say could begin next spring. NJ USA. Prior to joining Alcoa, Kelly was with Vista Metals Corp, as the Vice President, Finance. Retirement Rigmarole: When Reynolds Aluminum disappeared so did some of Alcoa treats the SPL produced from its U.S. smelters at the Gum Springs, AR, hazardous waste treatment facility . 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. Inc., the world's largest History; Headquarters; Consumer products; References; Further reading; External links 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. 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). The company recycles more cans than it produces. 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 . It will serve as the companys headquarters for more than 40 years. 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 320-foot bridge built in the 1930s was refitted with 22 aluminum deck panels. 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. . 1 Pullman in State semifinals, High School Boys Basketball History: Kobe Parlin sets all-time scoring record for Mark Morris in State quarterfinal win, Renewable fuel faces uncertain future in northern Oregon, Pacific Northwest, NORPAC, WestRock, Castle Rock developers talk updates, Former NFL star Chad Johnson says he saved money by living inside Cincinnati Bengals stadium for 2 years, Talking Business: The Cook's Creations brings treats to Three Rivers Mall, Port finalizes $9M purchase of Skyline Steel building, amends Omega Morgan lease. With the end of World War II, the company focused its direction on consumer goods and construction. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. 3/1/1942. Reynolds closed the 1950s with a move to a new, modern corporate headquarters in suburban Richmond, Virginia. He said work could begin next spring and crews would need two dry seasons to complete the cleanup. Here are the top 25 Reynolds Metals Co. profiles on LinkedIn. Reynolds Metals Co., 1991. Prior to this role, he served as Chief Financial Officer, GPP. Alcoa is the largest aluminum company in the United States and the world. 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. Controlling Company ALCOA CORPORATION Alternative Names. She also oversees the Alcoa Foundation. Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. She joined Vista Metals in 2015 and was responsible for strategic planning, business development, finance, accounting, and metal risk management for the company. The PR industrys most comprehensive listing of firms from every region and specialty. Union employees with fixed compensation contracts did receive incentive compensation. Reynolds Metals Co. v. U.S., 389 F. Supp. 2d 692 | Casetext Search R.S. The company was founded by R.S. After spending several years in the tobacco business working for his uncle, R.S. Reynolds's World War II production was extensive. Alcoa (F/K/A Reynolds Metals) Phoenix. Control of the company was still held by the Reynolds family. 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. The production equipment was, therefore, installed in long rows, which eliminated the need for the expensive transporting of the product. At Alcoa, we promise to treat your data with respect and will not share your information with any third party. U.S. v. Alcoa and Reynolds Metals | ATR | Department of Justice 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. Uncover why Reynolds Metals/Alcoa is the best company for you. 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. If you experience any issues with this process, please contact us for further assistance. Founded: 1919 Headquarters: Auckland Ceased . 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. 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. Site by, Individual Residential Alternatives (IRA), Office of Emergency Management and Safety, Natural Resource Damage Assessment (NRDA), St. Lawrence River Area of Concern at Massena/Akwesasne, Alcoholism/Chemical Dependency Program (A/CDP), Let's Get Healthy - Diabetes Center for Excellence, Mental Health - Kanikonri:ihne (Good Mind Counseling), Home Improvement Supplement Program (HIP), USEPA Fourth Five-Year Review Report for Reynolds Metals Company - St. Lawrence County, NY - 2021, USEPA Third Five-Year Review Report for Reynolds Metals Company - St. Lawrence County, NY - 2016, USEPA Second Five-Year Review Report for Reynolds Metals Company, St. Lawrence County, NY - 2011, Explanation of Significant Differences for the Reynolds Metals Superfund Site (USEPA - 2008), Long Term Monitoring Report Conducted Post-Remedy (Arcadis 2010-2019), USEPA First Five-Year Review Report for Reynolds Metals Company - St. Lawrence County, NY - 2006, USEPA - Reynolds Metals Superfund website. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. Sign up for our newsletter to keep reading. At the time, most foil was manufactured in tall, multi-storied buildings. Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. R.S. 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. These ads were available to key communicators via the Intranet site for use in local newspapers in the communities where Alcoa and Reynolds Metals plants are located. 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. Today, we are the right company at the right time. 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 . 12/31/1982. Reynolds, Jr. brought in a financial consulting firm to streamline operations. 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 . In 1980, 51 percent of its Jamaican assets and operations and all of its Jamaican land holdings were sold to the Jamaican government. In 1981, the company expanded its recycling capacity with two more facilities. In fact, the company recorded annual sales of $13 million in 1930 and moved its corporate headquarters to New York City. The Pittsburgh Reduction Company, eager to open new applications and enter new markets, enters the home cookware market with light, sturdy, no-rust teakettles. In 2010, he received the Chartered Financial Analyst designation from CFA Institute. Designs included "Birds and Bees" for baby showers, "Born Lucky, Born Rich" for birthdays, and "Flight of Fancy" for weddings or Christmas. Alcoa works with the Pittsburgh Brewing Company to introduce easy-open aluminum pull tabs on cans of Pittsburgh Brewing's Iron City beer. Please subscribe to keep reading. During the 1960s the company continued to grow and introduce new all-aluminum products for home and industry. 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. As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. Alcoa 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. 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. In addition, the company has a metal supply system with operations in bauxite mining, alumina refining, and primary and reclaimed aluminum production. In 1938 R.S. . You will be charged Reynolds Metals - Massena, New York | National Aluminum Production Washington State Department of Ecology spokesman Dave Bennett said the U.S. Army Corps of Engineers could OK cleanup permits in the next few months to clear contaminated soil at Northwest Alloys, the former Reynolds Metals site.