Reynolds recognized the advantages of using lighter-weight, less-expensive aluminum foil. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. A total of 4 acquisitions came from private equity firms. Designs included "Birds and Bees" for baby showers, "Born Lucky, Born Rich" for birthdays, and "Flight of Fancy" for weddings or Christmas. Discover Alcoan innovations that changed the world. Renato was appointed Executive Vice President and Chief Strategy Officer in February 2022 and was previously Senior Vice President and Treasurer of Alcoa Corporation from November 2019 through January 2022. In 1994, Reynolds purchased the aluminum and stainless steel products distribution business of Prime Metals. Printed materials were also available on a CD ROM in any of 11 languages. He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. You did a masterful job of coordinating this project and have been a major contributor throughout. 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. If you experience any issues with this process, please contact us for further assistance. Annual sales: $21 billion. 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. ARCONIC Benefits Resources (ARCONIC4U Service) or 1-844-927-2664 . I am very grateful for your help.-- Gary Biviano, VP/Lead on the Alcoa/Reynolds Merger Communications Team. 00-1333. Working At Reynolds Metals Company - Zippia Retirement Rigmarole: When Reynolds Aluminum disappeared so did some of 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. 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. 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. %PDF-1.6 % The smelter closed in 2001. Gaines said more structures are slated for demolition on the Northwest Alloys site than will remain on the 510 acres. Sonya is a member of the Alcoa Executive Team, which sets strategic direction for the Company. 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. Phone: (518) 358-2272 Fax: (518) 358-3203, Saint Regis Mohawk Health Service . Already a member? I. Reynolds Group Holdings - Wikiwand Before coming to Alcoa, Roy was Corporate Manager of Environmental Affairs at Greenstone Resources Ltd., a gold mining company based in Central America. From 2008 to 2010, he was General Counsel of Alcoa of Australia located in Perth, Australia. She currently serves on the Board of the Public Affairs Council and chairs the Government Affairs Committee for the US Aluminum Association. 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. Earlier, he served as Director of Investor Relations, and before this role was Director of Corporate Treasury. Alcoa . At Alcoa, we believe our legacy is our call to action. 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. 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. All rights reserved. The material was moved manually from one floor to another before the finished product was ready for shipment. 700 0 obj <>stream R.S. The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. (Alcoa) and Reynolds Metals Company (Reynolds). Trying to buy Reynolds Metals out from under Alcoa. In 1924, U.S. Foil purchased the manufacturer of Eskimo Pies, which were wrapped in foil. Before the ink . 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. . Today, we are the right company at the right time. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. Metals/mining Company. Prior to joining Alcoa, Kelly was with Vista Metals Corp, as the Vice President, Finance. Cleanup Site Information. Alcoa purchased Reynolds in 2000 and briefly reopened, then announced in February 2002, that . its acquisition of Reynolds reynolds metals co- Aluminum/Al foil,plate/sheet,aluminum alloy 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). 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 former RMC facility . Reynolds has been involved in an impressive recycling effort since 1968. To opt-in for investor email alerts, please enter your email address in the field and select at least one alert option. He was the last member of his family to head the company and would retire as chairman. IL. The worlds first flying machine is powered by an aluminum heart made from Alcoas new metal. As of 1980, the company was recycling almost half the number of cans it produced. With the demand for lighter, more fuel-efficient automobiles, the use of aluminum in U.S. cars was expected to rise during the 1990s. Customer Service. 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. 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 developed aluminum siding for the booming postwar housing market. ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) 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. Gaines said the company earns profits by warehousing materials and transloading for nearby businesses. 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. 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. You must click the activation link in order to complete your subscription. He had also previously served as a board member of AlcoaPrevi, the Alcoa employees pension fund in Brazil. reynolds metals company trademarks. Gaines said Northwest Alloys is keeping its critical infrastructure around areas like its road sand dock, as well as rail loading and unloading areas and storage silos. All Rights Reserved.Terms Kelly leads customer-focused commercial strategies across the bauxite, alumina, and aluminum markets, as well as Alcoas global procurement function. Renato Bacchi is Executive Vice President and Chief Strategy and Innovation Officer and focuses on developing and overseeing the execution of strategies to support Alcoas vision to reinvent the aluminum industry for a sustainable future and the Companys innovations and technologies, including the Companys Technical Research Center for research and development activities. All rights reserved. Aluminaut's assistance enabled Woods Hole Oceanographic Institution to continue operating its submersible. Texas refinery. He worked as a project manager for a rail transportation equipment company in Pittsburgh before completing his JD, cum laude, from Duquesne University in 1995. 10/29/1941. R.S. 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. Taking his son, Richard S. Reynolds, Jr., with him as assistant to the president, the company settled in Richmond, Virginia. Alcoa purchased the land from Reynolds Metals that year. Reynolds' Metals was acquired by Alcoa in 2000, and the 35-acre former headquarters campus and buildings were picked up by the University of Richmond in 2001 for a mere $8 million. Roy has served as Alcoas Chief Executive Officer since November 2016 and took on the additional role of President in May 2017. Everyone enjoyed reviewing these reminders from our past and generated good conversation. You will be charged In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. The average employee at Reynolds Metals Company makes $53,535 per year. Audi is the first to use metal from our revolutionary technology that eliminates all direct carbon dioxide emissions from the traditional smelting process. Earlier in his career, Bill held engineering, marketing management and business planning positions with Westinghouse and Emerson Electric. 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 . The 1,600-acre facility is bordered on the north by the St. Lawrence River and on the south by the Raquette River. However, decline for beer beverage cans was continuing, and another can-making plant was closed in Fulton, New York. 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 consumers, we often take for granted all the hard work that goes into building a great company. An attempt to increase production capacities by 20 percent cost Reynolds an estimated $650 million in the mid-1960s. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 Kelly Thomas joined Alcoa as Executive Vice President and Chief Commercial Officer on February 14, 2022. RMC, under a Consent Order with NYSDEC, agreed to investigate the contamination at the facility; this investigation excluded the St. Lawrence River. In May 1988 Reynolds acquired Presto Products, Inc., a $200-million-a-year producer of plastic bags. The Reynolds Metals Company is located at 194 County Route 45 in Massena, New York. 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). Reynolds began as a supplier of foil for cigarette packaging. Reynolds invested more than $400 million in Alabama to ensure its position as a world-class producer of aluminum-can stock and can-end stock. The U.S. Department of Justice and the European Commission approved the During the 1960s the company continued to grow and introduce new all-aluminum products for home and industry. Reynolds Metals Co. v. Aluminum Co. of America, 457 F. Supp. 482 (N.D Home - AAP North America - Arconic Portal 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. 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. Soils show elevated levels of fluoride and polycyclic aromatic hydrocarbons (PAHs) and total petroleum hydrocarbons (TPHs), and . Reynolds Metals was acquired by Alcoa in June 2000. The Company serves customers in the aluminum fabricating, packaging and consumer, commercial construction, distribution, and . Reynolds, Jr. was named the company's new president in 1948. Disclaimer. . Alcoa expands the Sustana line of products with the introduction of EcoSource, the industrys first low-carbon, smelter-grade alumina brand. [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. ("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 . In 1992, NYSDEC issued a Record of Decision (ROD) that called for a combination of excavation and treatment of areas highly contaminated with PCBs and other contaminants and consolidation and containment of other contaminated areas on the grounds of the facility. and/or its affiliates. Prior to ERI, Kelly worked in the aluminum industry for fifteen years. The statistics refers to days lost due to workplace injury or illness. under which this service is provided to you. Renato joined Alcoa Inc. in 1997 in So Paulo (Brazil). No, You Cant Build Here. Copyright (c) 2022 Company-Histories.com. The second phase will replace the line between Nippon Dynawave Packagings substation to the the substation on Weyerhaeusers property. Reynolds Metals was acquired by Alcoa in June 2000. Half the land will be preserved as open space. Large quantities of wastes were generated by the plant during the production of aluminum. Get the latest business insights from Dun & Bradstreet. He said work could begin next spring and crews would need two dry seasons to complete the cleanup. 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. The 320-foot bridge built in the 1930s was refitted with 22 aluminum deck panels. Portions of the site were contaminated by these activities. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Late in the 1980s the company introduced a line of colored plastic wraps and resealable plastic bags. RRSPA - Reynolds Retired Salaried Personnel Association AZ USA. Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. The last tenant of the site was the proposed coal exporter Millennium Bulk Terminals. By 1990, the company included production plants throughout the country including a facility in Washington and mining operations throughout the world. In 1981, the company expanded its recycling capacity with two more facilities. Reynolds's research had helped develop technology for the manufacture of aluminum automobile drive shafts and radiators. Two Days Mattered Most. That company went on to be known as Alcoa. Co., the world's third-largest aluminum company, in a $4.5 By using its well-established marketing, sales, and distribution organizations, Reynolds was able to add new products without increasing employment. 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.EVALUATIONObjective 1 - Deliver timely, accurate information to employees through 300 key communicators Key communicators visited the Intranet site during 562 user sessions double the objective. Key messages stressing the mergers benefits were delivered via the Intranet to 125,000 employees within hours. 12/31/1982. She left Alcoa in 1998 to work for Harris Teeter, a grocery store chain in the southeastern United States, where she managed all customer relations, media and employee communications. Lynch holds on to beleaguered metals empire - Chicago Tribune 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 . Reynolds, Jr. brought in a financial consulting firm to streamline operations. 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. Annual sales for Reynolds metals company are around USD 1,638,797. McCOOK METALS LLC v. Reynolds Metals Company, Party in Interest David Reynolds, Leader of Metals Company, Dies at 96 Prior to the separation of Alcoa Inc. into two companies, Molly was Director, Global Shared Services Strategy and Solutions. 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. In this capacity, he has advised on a variety of acquisition, divestiture and greenfield development projects, including the divestiture of the global Alcoa World Chemicals business segment, and the negotiation of development projects with the governments of Iceland, Ghana and Suriname. She leads a global team of HR professionals in 10 countries. 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. Wiki User 2008-09-19 16 . He is also a Director of Alcoa Corporation. Sonya joined Alcoa in 1989 and held roles of increasing responsibility in communications, marketing, and government affairs. 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. The company continued to offer new products to the marketplace. Alcoa conducts operations in 10 countries. State of Oregon: Department of Environmental Quality 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. The board of directors of Reynolds Metals Co. voted unanimously Sunday to reject Alcoa Inc.'s $5.6 billion offer for the company, but left itself open to a new bid from Alcoa or another suitor. Old Reynolds Aluminum Plant Troutdale Oregon History Page
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