In May 1988 Reynolds acquired Presto Products, Inc., a $200-million-a-year producer of plastic bags. Initially, the new company supplied lead and tin foil wrappers to cigarette and candy companies. NSNfulfillment.com is a leading distributor of Alcoa Reynolds Metals Company hard-to-find NSN parts MS14287E037, military vehicles parts, ground effect vehicles, motor vehicles, trailers, aircraft tire and tubes parts and vehicular equipment and components. The company is first incorporated as The Pittsburgh Reduction Company and opens a pilot production facility on Smallman Street. All rights reserved. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. Reynolds also discharged contaminants to the St. Lawrence River through four permitted outfalls. She leads a global team of HR professionals in 10 countries. 2000: Alcoa acquires Reynolds Metals Company for $5.8 billion. learn how over 7,000 companies got started! 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. Like most U.S. industrial giants, Reynolds lost sales in the recession of the early 1980s. Alcoa (F/K/A Reynolds Metals) Phoenix. 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. No, You Cant Build Here. Kelly Thomas joined Alcoa as Executive Vice President and Chief Commercial Officer on February 14, 2022. alumina refineries. Reynolds metals company | (501) 844-2000 | Malvern, Arkansas Find out what works well at Reynolds Metals/Alcoa from the people who know best. Six months later, the Aluminum Company of America (Alcoa) produced the first lightweight metal at the plant that would be used to fabricate World War II airplanes. Control of the company was still held by the Reynolds family. American Smelting & Refining Co. (Federal Metals Division) Newark. [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. Molly Beerman is Executive Vice President and Chief Financial Officer. The 320-foot bridge built in the 1930s was refitted with 22 aluminum deck panels. 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. Annual sales for Reynolds metals company are around USD 1,638,797. Ethical rating of Reynolds Metals Co. , group ALCOA (Aluminum Company Of America) and subsidiaries Labor 2 Jobs-27% /1998 Pollution 1 Fraud 1 Offshore 8 Sales 31 Bn $. /year Profit 12 Bn $. /1998 Wage 433 *min. Just hours after three foreign rivals announced a $9 billion deal to form the world's largest aluminum company, industry leader Alcoa Inc. went public with an offer to buy Richmond-based Reynolds . [3] Millennium parent company files for Chapter 11; Columbia River site 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. Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. 700 0 obj <>stream During the same year, Alcoa gains approval to globally market and sell sustainably produced products with certifications from the Aluminium Stewardship Initiative. 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. McCook alleged that Alcoa interfered with McCook's customer contracts and prospective business advantage in violation of state law, that Alcoa monopolized the . Northwest Alloys. Today, crews are razing buildings to prepare the property for development. 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. In 1928, Reynolds purchased Robertshaw Thermostat, Fulton Sylphon, and part of Beechnut Foil, adding them to U.S. Foil to create Reynolds Metals. 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 this role, Sonya is responsible for global government affairs, community relations, communications, and sustainability in support of the Companys strategic priorities. The 1,600-acre facility is bordered on the north by the St. Lawrence River and on the south by the Raquette River. Founder: Richard S. Reynolds Sr. 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 In line with its commitment to recycling, Reynolds set a long-term goal of recycling more plastics each year than it produces. Alcoa's largest acquisition to date was in 2000, when it acquired Reynolds Metals for $4.5B. The work is not part of the state-requested cleanup of contaminated soil, which officials say could begin next spring. It was in turn leased to Philip Morris USA in 2003 and later joined by parent company Altria in 2008. billion deal. FOIL DISTRIBUTING COMPANY (trading name) REYNOLDS ALUMINUM RECYCLING COMPANY (trading name) . 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. Please enable targeting cookies to watch videos. Disclaimer. As of 1980, the company was recycling almost half the number of cans it produced. During Mr. ONeills 13-year tenure at Alcoa, the number of lost work days per 100 employees fell to 0.2 from 1.86. 3100086. 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. Alcoa charters a new development organization: Alcoa Foundation. Permits to start clearing contaminated soil along Industrial Way in Longview could be secured this summer, with cleanup starting in 2023, officials say. Molly left Alcoa Inc. in 2012 to become Vice President, Finance and Administration for The Pittsburgh Foundation, a non-profit organization that works to improve the quality of life in the Pittsburgh region by evaluating and addressing community issues. Alcoa works with Pittsburgh Brewing's iconic Iron City Beer brand to launch the first aluminum bottle to the North American beer industry. Gaines said more structures are slated for demolition on the Northwest Alloys site than will remain on the 510 acres. Home - AAP North America - Arconic Portal Get up-to-the-minute news sent straight to your device. 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. Half the land will be preserved as open space. Alcoa Recycling Company is incorporated to support the companys goal of enhancing sustainability by increasing its recycling activity. 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. It will serve as the companys headquarters for more than 40 years. HW. 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. As Reynolds Metals entered the 1990s, the company was in the best financial condition in its history. Here's a rundown on a combined Alcoa-Reynolds Metals and the terms of Alcoa's agreement with the U.S. Department of Justice. Reynolds Aluminum Supply Co. RASCO is a partner in MetalSpectrum, a metals e-commerce venture announced Tuesday that Alcoa also has a stake . Alex Murdaughs Trial Lasted Six Weeks. Led by legendary CEO Paul ONeill, Alcoa launches best-in-class safety effort aimed at zero workplace injuries. Alcoa will have to sell Create an Account and Draft a QDRO for This Plan. Reynolds Metals Company is the world's third largest aluminum and packaging company. Get all the articles, experts, jobs, and insights you need. ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) Included were the first aluminum drill pipe in 1960 and the first aluminum beverage can in 1963, both successful. Alvin's work continues 45 years later. hbbd``b`f KSb%) D| DXS+[ X@P #dF? With an unrivaled foundation of operational excellence, we've spent more than a century refining our processes to develop next-generation technologies that shape how we live, build, move and fly. The company borrowed $15 million and began construction on its first smelting facility, located at Sheffield, Alabama. %%EOF 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. The former Reynolds Metals Company International Headquarters building is in Henrico County, Virginia, near Richmond. Reynolds was sold to Alcoa in 2000, five years after Mr. Reynolds stepped down from its board. Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. The Company serves customers in the aluminum fabricating, packaging and consumer, commercial construction, distribution, and . 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. 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. The RMC facility was placed on the New York State Department of Environmental Conservation (NYSDEC) Registry of Inactive Hazardous Waste Sites in 1987. 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. . The Pittsburgh Reduction Company, eager to open new applications and enter new markets, enters the home cookware market with light, sturdy, no-rust teakettles. He was 96 . 19. Today, Alcoa is part of both the World and North American DJSI Indexes. Alcoa expands the Sustana line of products with the introduction of EcoSource, the industrys first low-carbon, smelter-grade alumina brand. 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. In 1947, the company released Reynolds Wrap Aluminum Foil. Reynolds Metals - Massena, New York | National Aluminum Production To opt-in for investor email alerts, please enter your email address in the field and select at least one alert option. This merger led . 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? The Reynolds Metal Company was a prominent American producer of aluminum, founded in 1919 by Richard S. Reynolds, Sr. . Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. 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. 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. Large quantities of wastes were generated by the plant during the production of aluminum. Intranet Innovation Ketchum created an Alcoa Intranet site where merger documents, including advertising, were prepared and held ready for last minute changes. The company was originally founded to produce foil for cigarette packaging. Active worldwide in all major elements of the industry, Alcoa's operations . 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. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. 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. 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 Metals was acquired by Alcoa in June 2000. The worlds first flying machine is powered by an aluminum heart made from Alcoas new metal. %PDF-1.6 % [8] In 1969, Aluminaut rescued Alvin (DSV-2). Inc., the world's largest Wiki User 2008-09-19 16 . Prior to the separation of Alcoa Inc. into two separate companies, he was Executive Vice President and President of Alcoa's Global Primary Products (GPP) business from October 2015 to November 2016. REYNOLDS METALS COMPANY v. HILL | FindLaw ("McCook") commenced an action against Alcoa, Inc., a competitor of McCook in the manufacture and sale of commercial aircraft wing components, in the Northern District of Illi- nois.In that action, McCook alleged that Alcoa interfered with McCook's customer contracts and prospective business advantage in violation of state law, that Alcoa monopolized the relevant . At one time, the plant employed more than 300 . (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). In 1928, after buying back the stock he had sold to R.J. Reynolds to start U.S. Foil, R.S. Portions of the site were contaminated by these activities. in tight supply, and the price has nearly doubled since last year. CA USA. Lynch holds on to beleaguered metals empire - Chicago Tribune Suite 500 In this role, he oversaw extensive restructuring of the upstream business with an emphasis on optimizing the groups centers of excellence (COEs), including the launch of the mining COE. The entire project includes work on 57 poles, some of which have deteriorated, Dietz said. In fact, the company recorded annual sales of $13 million in 1930 and moved its corporate headquarters to New York City. 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. The U.S. Army Corps of Engineers has to approve the permits because work will be done near the Columbia River diking system and in and around wetlands, he added. In this role, Jeff has overall responsibility for Alcoas legal, compliance, and governance matters globally. He is also a Director of Alcoa Corporation. 13% of Reynolds Metals Company employees are Black or African American. 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. Alcoa Mergers and Acquisitions Summary | Mergr After 128 years of operating as a vertically integrated company, Alcoa separates its mining/refining/smelting and power businesses (retaining the name "Alcoa") from its fabrication businesses that became known as "Arconic.". In 2000, the plant was temporarily shut down. The Reynolds Metals Company opened its Massena aluminum reduction plant in 1958, on the bank of the St. Lawrence River, near the near the Massena-Cornwall International Bridge. 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. From the beginning of the U.S. space program, Alcoa alloys and propellants help make many space milestones possible, from the first manned flight and the first moon landing to the 1980s Space Shuttle and International Space Station programs. 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. Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but . REYNOLDS METALS COMPANY FOUNDATION (Delaware (US), 24 Jul 1978 - ) REYNOLDS METALS COMPANY, LLC (Delaware (US), 18 Jul 1928 - ) 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. In 1931, the company moved its headquarters to New York City and in 1938 the headquarters moved again to Richmond, Virginia. 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. . 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. REYNOLDS METALS COMPANY, LLC :: Delaware (US) :: OpenCorporates Reynolds Metals Superfund Site (Alcoa East) - Saint Regis Mohawk Tribe Alcoa's growing influence in the aluminum industry. 10/29/1941. At Alcoa, we believe our legacy is our call to action. 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. The Reynolds Metals Company is located at 194 County Route 45 in Massena, New York. HAL. He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. ALCOA Benefits Resources (ALCOA4U Service) or 1-844-312-5262. 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. Alcoa Corporation - Governance - Executive Team 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. It was headquartered for most of its existence in Richmond, Virginia; the Modernist style Reynolds Metals Company International Headquarters was built there in 1958. Alcoa . ARCONIC Benefits Resources (ARCONIC4U Service) or 1-844-927-2664 . Reynolds developed aluminum siding for the booming postwar housing market. Alcoa purchased the land from Reynolds Metals that year. Cleanup Site Information. Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. At the time, most foil was manufactured in tall, multi-storied buildings. Get the latest local business news delivered FREE to your inbox weekly. Pittsburgh, PA 15212-5858 2021 US District Court for the Northern District of Indiana - 457 F. Supp. Reynolds Metals Company, LLC Company Profile | New York, NY Fata, Reynolds, and a group of Soviet organizations began constructing a $200 million aluminum-foil plant in Siberia in the 1990s. Reynolds Metal Company | People | The Collection of Historical Reynolds recognized the advantages of using lighter-weight, less-expensive aluminum foil. In 1993, RMC and NYSDEC signed a Consent Order that required RMC to implement the remedy in the ROD. Several members brought Reynolds Metals Company memorabilia to share with attendees. 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. It's largest disclosed sale occurred in 2001, when it sold Cordant Technologies to Alliant Techsystems . Metals/mining Company. Previously at Alcoa Inc., Bill served as Chief Operating Officer for Alcoa Global Primary Products (GPP) responsible for day-to-day operations of its five businesses mining, refining, smelting, casting and energy. He worked in the energy group, participating in the development of the Alcoa hydroelectric power plants there. 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. In 1994, Reynolds purchased the aluminum and stainless steel products distribution business of Prime Metals. Alcoa Corporation Alcoa conducts operations in 10 countries. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. 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. 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. A total of 4 acquisitions came from private equity firms. You can sign up for additional alert options at any time. 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. Reynolds Metals was acquired by Alcoa in June 2000. 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. Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982. All the lifting and transferring of raw materials was a costly and inefficient way to manufacture foil. Reynolds Metals Company leased, and later bought, six government defense plants that were up for disposal. After 30 years working in hot and smoky conditions at Reynolds Aluminum's anode tender, Tom Henderson felt he earned his retirement in 1998. Please subscribe to keep reading. 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. Thanks to all who contributed Today, the Hall-Hroult Process is the one method by which every aluminum producer in the world operates. 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. Reynolds fortunes were greatly improved by the discovery of gold at one of the company's bauxite properties in Australia in 1986. [5], In 1958, the company launched the "Designs for Giving" campaign, in which professional artists and designers were hired to create special patterns for gift wrapping. The Reynolds Metals Company International Headquarters is an International Style building complex set in a composed landscape near Richmond, Virginia, completed in 1958. . reynolds metals company trademarks. Chat Now Send Inquiry; . A power line built in 1975 which serves NORPAC, Weyerhaeuser, Nippon Dynawave Packaging and Westlake is also being replaced along Industrial Way, near the former Reynolds Metals site. PRovoke Media picks out 15 people from the marketing communications and PR worlds who are worth keep Three years of dramatic instability suggested a more downbeat Davos, but public relations pros will Intelligence and insight from across the PR world. Content Protected Copyright 2023 NRDAR. Alcoa had made a . any form or medium without express written consent of NRDAR is Strictly Prohibited. 1000683 American Standard Manufacturing Co. Chicago. Its RV Aluminaut submarine was operated by Reynolds Submarine Services Corporation.[4]. 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. A century later, 2017-T4 is still used for aircraft sheet and plate. Natural Resource Damage Assessment and Restoration Program, Portland, OR | (503) 231-6179 | http://www.fws.gov/oregonfwo/, If you have any problems, suggestions, or comments about our website please notify [email protected]. Prior to joining Alcoa, Tammi held various progressive HR roles with Basell Polyolefins and Network Rail. Reynolds Metals/Alcoa Careers and Employment | Indeed.com Reynolds Wrap was first made by a Reynolds Metals Company division, Reynolds Packaging, a business created to supply aluminum foil for packaging tobacco. Molly is a seasoned financial executive having worked in strategic positions that require a combination of technical accounting, process improvement and technology expertise. The statistics refers to days lost due to workplace injury or illness. hb```f``d$30 P(q4$@6gFU+ Renato serves on the board of directors of The Tull Family Theater, a nonprofit, film-based arts organization in the northwest region of Pittsburgh. The U.S. Department of Justice and the European Commission approved the REYNOLDS METALS COMPANY Trademarks :: Justia Trademarks 1919 - 2000. 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.
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