Featuring an all-aluminum exterior and many other innovative architectural elements, the Alcoa Building in Downtown Pittsburgh is completed. You will be notified in advance of any changes in rate or terms. Intranet Innovation Ketchum created an Alcoa Intranet site where merger documents, including advertising, were prepared and held ready for last minute changes. Cleanup of Reynolds Metals Company, Massena, NY | US EPA In 1993, RMC and NYSDEC signed a Consent Order that required RMC to implement the remedy in the ROD. 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. Since launching the industry, Alcoan innovations have changed how we live. Reynolds Metals Co. v. Aluminum Co. of America, 457 F. Supp. 482 (N.D Reynolds published cookbooks such as Outdoor Cooking with Reynolds Wrap (1950) and Casual Cooking (1954) in an attempt to promote the sales of Reynolds Wrap. 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. and/or its affiliates. The 320-foot bridge built in the 1930s was refitted with 22 aluminum deck panels. As of 1980, the company was recycling almost half the number of cans it produced. Alcoa purchased the land from Reynolds Metals that year. Impressive as the wartime figures were, they were dwarfed by postwar demand for aluminum. In addition to his business unit counseling roles, Jeff has provided legal counsel in the mergers and acquisitions area for transactions across Alcoas portfolio of businesses. By providing your email address, you are providing consent to Alcoa to send you the requested Investor Email Alert updates. Gaines said the company earns profits by warehousing materials and transloading for nearby businesses. Reynolds recognized the advantages of using lighter-weight, less-expensive aluminum foil. aluminum concern, cleared U.S. and European antitrust hurdles and completed 457 F. Supp. At one time, the plant employed more than 300 . [3], Reynolds Metals became known for the consumer product Reynolds Wrap foil, as well as for developing and promoting new uses for aluminum. 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. Effective April 1, 1997, the company was organized into six global units, down from its former 20 operating units, that would focus on the most profitable aluminum markets around the world. Crews on Monday work along Industrial Way near Northwest Alloys. 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. Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982. R.S. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. Alcoa moved its global headquarters and principal executive office to its existing office location in Pittsburgh. Around the same time, the same process is discovered by chemist Paul T. Hroult of France, and it comes to be known as the Hall-Hroult Process. 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. Reynolds Group Holdings - Wikiwand An aluminum smelter and cable mill ran on the property for almost 60 years, leaving contaminants like fluoride and cyanide in the soil, the state says. Reynolds, Jr. was named the company's new president in 1948. Active worldwide in all major elements of the industry, Alcoa's operations . All rights reserved. Reynolds expanded its holdings worldwide, and in 1953 the company organized Reynolds International, Inc. in an effort to consolidate and further expand foreign operations. Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but . With the demand for lighter, more fuel-efficient automobiles, the use of aluminum in U.S. cars was expected to rise during the 1990s. 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. Create an Account and Draft a QDRO for This Plan. St. James Press, 1998. Alvin's work continues 45 years later. its acquisition of Reynolds Retirement Rigmarole: When Reynolds Aluminum disappeared so did some of 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. Molly obtained a BS degree in Business Administration, Accounting from Duquesne University in Pittsburgh. 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. Kelly leads customer-focused commercial strategies across the bauxite, alumina, and aluminum markets, as well as Alcoas global procurement function. In 1980, 51 percent of its Jamaican assets and operations and all of its Jamaican land holdings were sold to the Jamaican government. Cleaned-up Reynolds Metals site in Troutdale sprouts promise 10/29/1941. 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. Cleanup of former Reynolds Metals site in Longview could begin in 2023 To save weight, the engine block and crankcase of the Wright Brothers' historic "Flyer" are cast from aluminum supplied by The Pittsburgh Reduction Company. IL. In 2007, Renato joined Brazil Treasury, where he designed and implemented the funding strategy for the Alumar expansion and the Juruti mining projects. Prior to the separation of Alcoa Inc. into two companies, Molly was Director, Global Shared Services Strategy and Solutions. Privacy Policy. Employees: 126,700. We open a world of design possibilities with aluminum . 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. ALCOA/Reynolds Metals Site - USGS Included were the first aluminum drill pipe in 1960 and the first aluminum beverage can in 1963, both successful. Today, we are the right company at the right time. R.S. From November 2016 to November 2019, Renato was Vice President and Treasurer. I am very grateful for your help.-- Gary Biviano, VP/Lead on the Alcoa/Reynolds Merger Communications Team. Compare pay for popular roles and read about the team's work-life balance. Large quantities of wastes were generated by the plant during the production of aluminum. In addition to its capital investment program, the company expanded its research-and-development efforts. She also established the Companys privacy office in response to the implementation of GDPR. The company was acquired by Alcoa on May 3, 2000 to become the largest aluminum company in the United States. 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? Fata, Reynolds, and a group of Soviet organizations began constructing a $200 million aluminum-foil plant in Siberia in the 1990s. Reynolds Metals pioneered the development of aluminum siding in 1945, and Richard S. Reynolds began predicting a growing demand for additional aluminum during peacetime. 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. 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. You may cancel your subscription at anytime by calling In 1994, Reynolds purchased the aluminum and stainless steel products distribution business of Prime Metals. 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 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. After spending several years in the tobacco business working for his uncle, R.S. Kelly began her aluminum career at Reynolds . hb```f``d$30 P(q4$@6gFU+ 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. QDRO Preparation for REYNOLDS METALS COMPANY PENSION PLAN FOR HOURLY 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. Cable News Network. hUK0+>VvIJJC UAzaxO}&db2j& )y:@{|=2Y$mWv1GyV ;yFvgb ,_c&OdgWl3L/9m6-UYicTIF`(* g`2dPnN-|j6o#}H He said work could begin next spring and crews would need two dry seasons to complete the cleanup. In addition, Bill previously held key corporate financial positions in Financial Analysis & Planning and as Director of Investor Relations. Reynolds, Jr. brought in a financial consulting firm to streamline operations. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). 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. 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. Here are the top 25 Reynolds Metals Co. profiles on LinkedIn. It has received a great deal of praise for its recycling philosophy. Customer Service. The company borrowed $15 million and began construction on its first smelting facility, located at Sheffield, Alabama. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. R.S. 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. 13% of Reynolds Metals Company employees are Black or African American. Wiki User 2008-09-19 16 . RRSPA - Reynolds Retired Salaried Personnel Association David Reynolds, Leader of Metals Company, Dies at 96 Earlier, he served as Director of Investor Relations, and before this role was Director of Corporate Treasury. Customer Service. Today, we are the right company at the right time. 482 (1978) REYNOLDS METALS COMPANY, a corporation, Plaintiff, v. ALUMINUM COMPANY OF AMERICA, a corporation, and National Can Corporation, a corporation, Defendants. As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. Our strategic priorities of Reduce Complexity, Drive Returns and Advance Sustainably have made Alcoa a strong company, allowing us to succeed throughout the commodity cycles and innovate for a sustainable future. Earlier, she served as Director, Organizational Effectiveness, developing comprehensive organizational change strategies to enable successful execution of the business strategy and change programs. 7/21/1945. 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. Alcoa works with Pittsburgh Brewing's iconic Iron City Beer brand to launch the first aluminum bottle to the North American beer industry. With the end of World War II, the company focused its direction on consumer goods and construction. Alcoa Acquires Reynolds Metals In a Deal Worth $4.5 Billion Hart later closed five other plants within Reynolds. 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. Reynolds Agrees to Takeover by Alcoa - Los Angeles Times ALCOA, INCORPORATED, Defendant-Appellee, Reynolds Metals Company, Party in Interest-Appellee. 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. Sign up for our newsletter to keep reading. In 1928, Reynolds purchased Robertshaw Thermostat, Fulton Sylphon, and part of Beechnut Foil, adding them to U.S. Foil to create Reynolds Metals. Union employees with fixed compensation contracts did receive incentive compensation.
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