In Pittsburgh, Alcoa founder Charles Martin Hall finds experienced, hard-working visionary backers (led by Captain Alfred E. Hunt) for his aluminum reduction (electrolysis) discovery. Reynolds 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. Email notifications are only sent once a day, and only if there are new matching items. A total of 4 acquisitions came from private equity firms. Reynolds Metals pioneered the development of aluminum siding in 1945, and Richard S. Reynolds began predicting a growing demand for additional aluminum during peacetime. Sonya is a member of the Alcoa Executive Team, which sets strategic direction for the Company. Like most U.S. industrial giants, Reynolds lost sales in the recession of the early 1980s. Reynolds Metals developed other, less well-known products; not all became commercially viable, such as an aluminum bus developed with Rohr Industries, a 12 foot aluminum utility boat, and other aluminum motor vehicles.,[6][7] The aluminum vehicles were surpassed in weight and cost by steel, plastics and fiberglass. Millennium parent company files for Chapter 11; Columbia River site In 2010, he received the Chartered Financial Analyst designation from CFA Institute. Reynolds has been involved in an impressive recycling effort since 1968. HW. Influence 4 Infocom 1 [click on the rating for the method or on the number for the data] In 1931, the company moved its headquarters to New York City and in 1938 the headquarters moved again to Richmond, Virginia. 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. Tammi is also a member of the Alcoa Executive Team, responsible for setting the strategic direction for the Company. This merger led . 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 . IL. Reynolds Group Holdings - Wikipedia Reynolds Metals/Alcoa Careers and Employment | Indeed.com filed: july 15, 1949 collapsible cartons customarily made of aluminum Portions of the site were contaminated by these activities. 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 DOINRDAR@ios.doi.gov. Alcoa purchased the land from Reynolds Metals that year. 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. combination, with certain conditions aimed at limiting Pittsburgh-based She also served as Director, Global Procurement Center of Excellence and earlier was Manager, North America Financial Accounting Services. Alcoa expands the Sustana line of products with the introduction of EcoSource, the industrys first low-carbon, smelter-grade alumina brand. Alcoa Acquires Reynolds Metals In a Deal Worth $4.5 Billion 3 aluminum maker. Found 91 colleagues at Reynolds Metals Co Inc. ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) 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. 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. By providing your email address, you are providing consent to Alcoa to send you the requested Investor Email Alert updates. 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 . 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. There was a problem saving your notification. Prior to Vista Metals, Kelly served as Chief Operating Officer of Electronic Recyclers International (ERI), responsible for leading operations, procurement, and logistics and providing strategic direction and tactical oversight to eight operating plants. Alvin's work continues 45 years later. Employee concerns and questions were anticipated and answered by key communicators or via e-mail. 2021 12% of Reynolds Metals Company employees are Hispanic or Latino. 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. McCOOK METALS LLC v. Reynolds Metals Company, Party in Interest Phone: (518) 358-3141 Fax: (518) 358-6245, Copyright Saint Regis Mohawk Tribe (en-US). The U.S. Department of Justice and the European Commission approved the 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. 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. Founder: Richard S. Reynolds Sr. Previously, Tammi served as Vice President, Compensation and Benefits, leading the global compensation and benefits function in the planning, design, and administration of the Companys global compensation and benefits programs, as well as overseeing the human resources aspects of mergers, acquisitions, and divestitures. In line with its commitment to recycling, Reynolds set a long-term goal of recycling more plastics each year than it produces. . 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. In 1976 David P. Reynolds was its chairman; J. Louis and William G. Reynolds were board members; a cousin, A.D. Reynolds was a vice-president; and William G. Reynolds, Jr. was the company's treasurer. In this role, Jeff has overall responsibility for Alcoas legal, compliance, and governance matters globally. 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). He was 96 . 13% of Reynolds Metals Company employees are Black or African American. 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. Included were the first aluminum drill pipe in 1960 and the first aluminum beverage can in 1963, both successful. 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. 12/31/1982. Texas refinery. U.S. v. Alcoa and Reynolds Metals. 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. United States of America, Executive Vice President and Chief Financial Officer, Executive Vice President and Chief Strategy & Innovation Officer, Executive Vice President and Chief External Affairs Officer, Executive Vice President and General Counsel, Executive Vice President and Chief Human Resources Officer, Executive Vice President and Chief Operations Officer, Executive Vice President and Chief Commercial Officer, Lauder Institute International MBA program. Content Protected Copyright 2023 NRDAR. Did Alcan Buy Alcoa Reynolds Metals in Louisville? - Answers An attempt to increase production capacities by 20 percent cost Reynolds an estimated $650 million in the mid-1960s. 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. Alcoa has acquired 25 companies. No, You Cant Build Here. 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. . In 1992, Reynolds sold its wire and cable operations, as well as its 84 percent interest in Eskimo Pie. In addition to its capital investment program, the company expanded its research-and-development efforts. Alcoa Inc reaches definitive merger agreement with Reynolds Metals Co, in relatively swift negotiations that leave some Reynolds shareholders grumbling; in all-stock deal, Reynolds' shareholders . After the Second World War, the sense of aluminum's utility expanded to include its ornamental characteristics. Molly was Vice President and Controller of the Company from December 2016 through October 2019 and was Director, Global Shared Services Strategy and Solutions from November to December 2016. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. Alcoa Bids To Buy Reynolds Metals - The Washington Post It's largest disclosed sale occurred in 2001, when it sold Cordant Technologies to Alliant Techsystems . Metals/mining Company. 249 F3d 330 McCook Metals Llc v. Alcoa Incorporated Reynolds Metals Alcoa purchased Reynolds in 2000 and briefly reopened, then announced in February 2002, that . [1][2] Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. REYNOLDS METALS COMPANY FOUNDATION (Delaware (US), 24 Jul 1978 - ) REYNOLDS METALS COMPANY, LLC (Delaware (US), 18 Jul 1928 - ) Its RV Aluminaut submarine was operated by Reynolds Submarine Services Corporation.[4]. 3/1/1942. Reynolds Metals was acquired by Alcoa in June 2000. Alcoa's Reynolds division was a leader in household baking and cooking products, which included Cut-Rite Wax Paper. . [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. Alcoa Corporation NSNfulfillment.com is owned and operated by ASAP Semiconductor, an AS9120B, ISO 9001: . In 1996, another can-making plant was closed in Houston, Texas, but the modernization of a plant in Torrance, California, neared completion with the number of manufacturing lines reduced from six to three. (Alcoa) and Reynolds Metals Company (Reynolds). RMC, under a Consent Order with NYSDEC, agreed to investigate the contamination at the facility; this investigation excluded the St. Lawrence River. You may cancel your subscription at anytime by calling 12/31/1982. 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. Sonya is a graduate of The Ohio State University with a bachelors degree in Journalism. I. its acquisition of Reynolds The 1,600-acre facility is bordered on the north by the St. Lawrence River and on the south by the Raquette River. Cleanup Site Information. 10/29/1941. Inc., the world's largest 201 Isabella Street Cleanup of former Reynolds Metals site in Longview could begin in 2023 Uncover why Reynolds Metals/Alcoa is the best company for you. During Mr. ONeills 13-year tenure at Alcoa, the number of lost work days per 100 employees fell to 0.2 from 1.86. Reynolds Metals Company is the world's third largest aluminum and packaging company. Reynolds chose the location because of the abundant supply of competitively-priced hydropower and next-door customer General Motors. Subscribe to our emails. Copyright (c) 2022 Company-Histories.com. Cleaned-up Reynolds Metals site in Troutdale sprouts promise 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). Alcoa -- Home Before actions were taken to address the contamination in the St. Lawrence River, polychlorinated biphenyls (PCBs) were the primary contaminant found in the St. Lawrence sediment adjacent to the Reynolds facility that could be attributed to the facility. 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. The Company serves customers in the aluminum fabricating, packaging and consumer, commercial construction, distribution, and . From November 2016 to November 2019, Renato was Vice President and Treasurer. Do Not Sell, Acceptance of $5.8B offer may not end battle for No. Alcoa Recycling Company is incorporated to support the companys goal of enhancing sustainability by increasing its recycling activity. Reynolds's World War II production was extensive. Reynolds rejects Alcoa - Aug. 15, 1999 - CNN Business The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. Printed materials were also available on a CD ROM in any of 11 languages. Hazardous Waste Cleanup: Reynolds Metals Company in Massena - US EPA [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. Alcoa -- Our History