Pittsburgh, PA 15212-5858 Alcoa will have to sell Total cost is only $ 299.00. Alcoa's common stock is listed on the New York Curb Exchange, forerunner of the American Stock Exchange. If so, just fill out the short Request for Quote (RFQ) form below to get started. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 During its operation, various types of industrial waste were disposed of throughout the Reynolds facility. Get all the articles, experts, jobs, and insights you need. Even with smaller cans, recycling them and other aluminum products was achieving record levels. At Alcoa, we believe our legacy is our call to action. 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.Reynolds Metals was acquired by Alcoa in June 2000. Though he failed in his effort to buy the company, losing out to metals giant Alcoa Inc., Lynch is back in the news again. Designs included "Birds and Bees" for baby showers, "Born Lucky, Born Rich" for birthdays, and "Flight of Fancy" for weddings or Christmas. Reynolds Metals Company was founded in 1919 by R.S. . 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. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. Reflecting heat and keeping foods cooler and fresher, Alcoa introduces aluminum foil to America. R.S. Reynolds rejects Alcoa - Aug. 15, 1999 - CNN Business 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. . Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders. She said typically wooden poles are replaced every 50-60 years, and the replacement line has a life expectancy of more than 70 years. 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. Employees: 126,700. 673 0 obj <> endobj Alcoa -- Home 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. ALCOA/Reynolds Metals Site - USGS The Reynolds Metals Company was founded in 1919 as the U.S. Foil Company in Louisville, Kentucky, by Richard S. Reynolds Sr., nephew of tobacco king R. J. Reynolds. QDRO Preparation for REYNOLDS METALS COMPANY PENSION PLAN FOR HOURLY reynolds metal company- Aluminum/Al foil,plate/sheet,aluminum alloy Asbestos Exposures at Reynolds Metals Company - Massena, New York During its use by Reynolds, the Executive Office Building was known as Reynolds EXO. The company also announced that employment would once again be reduced by 12 percent to cut costs. . [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. It was in turn leased to Philip Morris USA in 2003 and later joined by parent company Altria in 2008. 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. 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. 1. ALCOA Benefits Resources (ALCOA4U Service) or 1-844-312-5262. Alcoa is the largest aluminum company in the United States and the world. David Reynolds, Leader of Metals Company, Dies at 96 Led by legendary CEO Paul ONeill, Alcoa launches best-in-class safety effort aimed at zero workplace injuries. Reynolds Metal Company | People | The Collection of Historical The company began a reorganization during the late 1960s, and separate operating divisions were formed, each of which was responsible for its own profit performance. Today, crews are razing buildings to prepare the property for development. reynolds metals company trademarks. 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. 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. Reynolds was sold to Alcoa in 2000, five years after Mr. Reynolds stepped down from its board. The new units were packaging and consumer products, construction and distribution, transportation, metals and carbon products, bauxite and alumina, and cans. In 1976 David P. Reynolds, also known for his involvement in Thoroughbred horse racing, took over as president. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. AZ USA. The former RMC facility, which is not part of the site, was addressed under New York state authorities. Reynolds Metals pioneered the development of aluminum siding in 1945, and Richard S. Reynolds began predicting a growing demand for additional aluminum during peacetime. Reynolds Metals Co., 1991. Copyright (c) 2022 Company-Histories.com. It has received a great deal of praise for its recycling philosophy. Sonya joined Alcoa in 1989 and held roles of increasing responsibility in communications, marketing, and government affairs. ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) . As Director of Marketing, she was responsible for global branding and leading the development of marketing communication strategies for Alcoas markets and businesses. Alcoa purchased Reynolds in 2000 and briefly reopened, then announced in February 2002, that . . 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. 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. Molly Beerman is Executive Vice President and Chief Financial Officer. The worlds first flying machine is powered by an aluminum heart made from Alcoas new metal. 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. Reynolds says that in December 1997, the federal government halted the sale of the Alloys facility to Alcoa. 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. Millennium parent company files for Chapter 11; Columbia River site Reynolds closed the 1950s with a move to a new, modern corporate headquarters in suburban Richmond, Virginia. Prior to assuming this role, Jeff was Group Counsel for Alcoa Global Primary Products from 2010 to 2014. Current work at the former Reynolds Metals Company site in the 4000 block of Industrial Way is not the cleanup efforts, but the demolition of buildings by the current company to make way for future projects, as well as nearby routine power pole replacements by the local utilities district. As Assistant General Counsel, Jeff was responsible for the management and integration of the international legal functions of the company in Russia, China, Europe, Australia and Latin America. ("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 . To opt-in for investor email alerts, please enter your email address in the field and select at least one alert option. Get the latest business insights from Dun & Bradstreet. in tight supply, and the price has nearly doubled since last year. Reynolds Aluminum Supply Co. RASCO is a partner in MetalSpectrum, a metals e-commerce venture announced Tuesday that Alcoa also has a stake . lifetime. Prior to merging with Alcoa in 2000, Reynolds Metal stood as the third largest aluminum company in the world, and wielded major brand recognition among consumers for its main foil product, Reynolds Wrap. The Reynolds Metals Company is located at 194 County Route 45 in Massena, New York. Influence 4 Infocom 1 [click on the rating for the method or on the number for the data] 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. Cable News Network. Finally, we can read about how these great companies came about with Company Histories.. Reynolds decided to move the company's headquarters south again. 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 . There are 41 other people named George Cain on AllPeople. Aug. 31, 2011. 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. ALCOA, INCORPORATED, Defendant-Appellee, Reynolds Metals Company, Party in Interest-Appellee. Principal Operating Units: Packaging and Consumer Products; Construction and Distribution; Transportation; Metals and Carbon Products; Bauxite and Alumina; Cans. [5] Reynolds marketed aluminum foil as gift wrap, aluminum yarn for Vogue dress patterns, and even extended their advertising strategy to include wrapping their office headquarters in aluminum.[5]. A WarnerMedia Company. You can cancel at any time. Large quantities of wastes were generated by the plant during the production of aluminum. 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. Four sons of founder Richard S. Reynolds, William G. Reynolds, Richard S. Reynolds Jr., David P. Reynolds, and J. Louis Reynolds, were all part of the running of the business. Saint Regis Mohawk Tribe (SRMT) tribal lands, known as Akwesasne (Land Where the Partridge Drums), are located to the east and Route 37 and the Grasse River are situated to the south and west, respectively. Cleanup of Reynolds Metals Company, Massena, NY | US EPA Alcoa expands the Sustana line of products with the introduction of EcoSource, the industrys first low-carbon, smelter-grade alumina brand. In 1947, the company released Reynolds Wrap Aluminum Foil. Portions of the site were contaminated by these activities. REYNOLDS METALS COMPANY FOUNDATION (Delaware (US), 24 Jul 1978 - ) REYNOLDS METALS COMPANY, LLC (Delaware (US), 18 Jul 1928 - ) Aluminum is an essential element in powering a global, sustainable economy. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. Reynolds metals company | (501) 844-2000 | Malvern, Arkansas Alcoa wraps up Reynolds for $6B in cash and debt - Aug. 19, 1999 As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. 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. R.S. 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 this role, Jeff has overall responsibility for Alcoas legal, compliance, and governance matters globally. 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. She leads a global team of HR professionals in 10 countries. Major hazardous substances of concern include polyaromatic hydrocarbons (PAHs), aluminum, cyanide, fluoride, and polychlorinated biphenyls (PCBs) from electrical equipment. Why Barnes & Noble Is Copying Local Bookstores It Once Threatened, What Floridas Dying Oranges Tell Us About How Commodity Markets Work, Alex Murdaugh Sentenced to Life in Prison, Watch: Retired Army Col. Paris Davis Awarded Medal of Honor. 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. Alcoa works with the Pittsburgh Brewing Company to introduce easy-open aluminum pull tabs on cans of Pittsburgh Brewing's Iron City beer. Alvin's work continues 45 years later. More than 5 million people in 56 markets heard the news through the VNR broadcast.More than 9 million readers saw advertisements in the Wall St Journal, USA Today and other media.No matter how many balls I tossed into the air, they were always caught. Today, we are the right company at the right time. 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. Phone: (518) 358-2272 Fax: (518) 358-3203, Saint Regis Mohawk Health Service In addition to its capital investment program, the company expanded its research-and-development efforts. [5], Reynolds Consumer Products went public with an initial public offering on NASDAQ under the ticker symbol REYN on Friday, January 31, 2020. More than 90% of all alloys currently used in the aerospace industry were developed by Alcoa research. NATURE OF THE ACTION . The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. State of Oregon: Department of Environmental Quality The work is not part of the state-requested cleanup of contaminated soil, which officials say could begin next spring. She also served in financial management positions at Carnegie Mellon University and PNC Bank. 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. The 1,600-acre facility is bordered on the north by the St. Lawrence River and on the south by the Raquette River. He has deep experience leading Alcoas finance function, having overseen for treasury, pension, tax, controllership, financial planning and analysis, audit, investor relations and transformation. Reynolds Metals Company leased, and later bought, six government defense plants that were up for disposal. The Reynolds Metal Company was a prominent American producer of aluminum, founded in 1919 by Richard S. Reynolds, Sr. 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. Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. In this role, Kelly is responsible for leading the commercial function including sales and trading, marketing, supply chain, commercial operations, and procurement. The SPL Waste Management Challenge in Primary Aluminum Alcoa (F/K/A Reynolds Metals) Phoenix. Bill is a member of the Alcoa Executive Team, which sets strategy for the Company. 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 his business unit counseling roles, Jeff has provided legal counsel in the mergers and acquisitions area for transactions across Alcoas portfolio of businesses. Plagued by cost overruns and delays, by the time the project was finished demand for aluminum had leveled off. Molly is a seasoned financial executive having worked in strategic positions that require a combination of technical accounting, process improvement and technology expertise. 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. [1][2] Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. However, when Reynolds Metals developed the world's first aluminum submarine, the Aluminaut, the experimental product participated in a key rescue. Under the leadership of chairman and CEO Bourke the company moved into the 1990s with its focus on consumer products and on gold. Hart merged his other packaging companies into Reynolds to create Reynolds Group Holdings. 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 . 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 former Reynolds Metals Company International Headquarters building is in Henrico County, Virginia, near Richmond. The Massena plant was an outgrowth of RMC's 1940 decision to become . She also oversees the Alcoa Foundation. Printed materials were also available on a CD ROM in any of 11 languages. Reynolds metals company is located in Malvern, Arkansas, and was founded in 2011. 2021 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. Long-form journalism that analyzes the issues, challenges and opportunities facing the PR business. . Alcoa is an international aluminum company with operations in multiple countries and U.S . Reynolds Metals Co LLC - Company Profile and News 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. In 1973 a Reynolds unit pleaded guilty to charges of importing ores from Rhodesia, in violation of U.S. government sanctions against the country at the time. 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.