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Reynolds has been involved in an impressive recycling effort since 1968. Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. 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. You have permission to edit this article. Roy joined Alcoa in 2002 as a business analyst for GPP in Knoxville, Tennessee. $ + tax 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. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. 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. endstream
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In early 2010 all pay was unfrozen. Tammi joined Alcoa Inc. in 2006 as HR Director, UK & Ireland for the Building & Construction Systems business and has served in a variety of HR positions over the course of her Alcoa career, including HR Director, Europe Building & Construction, HR Director for Alcoa Wheels and Transportation Products, and HR Director, Aluminum. You did a masterful job of coordinating this project and have been a major contributor throughout. Today, crews are razing buildings to prepare the property for development. Kelly began her aluminum career at Reynolds Metals in 1999, later acquired by Alcoa Inc. and/or its affiliates. Alcoa (F/K/A Reynolds Metals) Los Angeles. He worked in the energy group, participating in the development of the Alcoa hydroelectric power plants there. The beverage can with the stay-on, pull-top tab was well received in 1975. Included were the first aluminum drill pipe in 1960 and the first aluminum beverage can in 1963, both successful. aluminum concern, cleared U.S. and European antitrust hurdles and completed Sonya is a graduate of The Ohio State University with a bachelors degree in Journalism. She leads a global team of HR professionals in 10 countries. Metals Total cost is only $ 299.00. 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. 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. 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. Sonya is a member of the Alcoa Executive Team, which sets strategic direction for the Company. Alcoa treats the SPL produced from its U.S. smelters at the Gum Springs, AR, hazardous waste treatment facility . 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. St. James Press, 1998. The last tenant of the site was the proposed coal exporter Millennium Bulk Terminals. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. Alcoa purchased the land from Reynolds Metals that year. 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. As of 1980, the company was recycling almost half the number of cans it produced. The average employee at Reynolds Metals Company makes $53,535 per year. With the demand for lighter, more fuel-efficient automobiles, the use of aluminum in U.S. cars was expected to rise during the 1990s. In this role, Jeff has overall responsibility for Alcoas legal, compliance, and governance matters globally. NRD . (Alcoa) and Reynolds Metals Company (Reynolds). Major hazardous substances of concern include polyaromatic hydrocarbons (PAHs), aluminum, cyanide, fluoride, and polychlorinated biphenyls (PCBs) from electrical equipment. In this role, Sonya is responsible for global government affairs, community relations, communications, and sustainability in support of the Companys strategic priorities. In 2019, Renato completed the Advanced Management Program 196 at Harvard University. 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. The introduction of foil revolutionized modern homes. In the early 1980s, David Reynolds and William Bourke, a former Ford Motor Company vice president and now Reynolds's chairman and CEO, realized that Reynolds's upstream costs--for mining, smelting, and refining--were cutting into downstream profits on finished goods, like aluminum foil and cans. Reynolds decided to move the company's headquarters south again. R.S. Today, we are the right company at the right time. In 1935 Reynolds developed a method of printing on aluminum foil, employing the rotogravure process, which enabled the company to expand quickly into other aluminum foil packaging markets. Already a member? Reynolds closed the 1950s with a move to a new, modern corporate headquarters in suburban Richmond, Virginia. Plagued by cost overruns and delays, by the time the project was finished demand for aluminum had leveled off. 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. H->/},lZ+ue1lj8 Gl
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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. 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. Alcoa's largest acquisition to date was in 2000, when it acquired Reynolds Metals for $4.5B. In 1995, NYSDEC issued a ROD amendment calling for off-site disposal of highly contaminated soils and sediments and on-site disposal of lesser contaminated soils and sediments. 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. Large quantities of wastes were generated by the plant during the production of aluminum. There are 41 other people named George Cain on AllPeople. 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. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. In 1928, after buying back the stock he had sold to R.J. Reynolds to start U.S. Foil, R.S. 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. You can enable targeting cookies on our Cookie Policy page. 3/1/1942. The RMC facility was placed on the New York State Department of Environmental Conservation (NYSDEC) Registry of Inactive Hazardous Waste Sites in 1987. *
Prior to that, Kelly was Vice President and Treasurer from 2011 to 2012 and started with Aleris in 2010 as Vice President of Global Risk Management in Zurich, Switzerland where she was responsible for managing and executing all aluminum and copper hedging on the London Metal Exchange (LME). 19 advertisements in local newspapers delivered messages to residents in plant communities. 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. [1][2] Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. [8] In 1969, Aluminaut rescued Alvin (DSV-2). If you experience any issues with this process, please contact us for further assistance. 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. In 1994, Reynolds purchased the aluminum and stainless steel products distribution business of Prime Metals. Reynolds Aluminum Supply Co. RASCO is a partner in MetalSpectrum, a metals e-commerce venture announced Tuesday that Alcoa also has a stake . Prior to the separation of Alcoa Inc. into two separate companies in 2016, Renato was Assistant Treasurer of Alcoa. Cowlitz County Public Utility District spokeswoman Alice Dietz said crews are currently replacing a line from the Bonneville Power Administrations Longview substation to Nippon Dynawave Packagings substation. Aluminaut's assistance enabled Woods Hole Oceanographic Institution to continue operating its submersible. After the Second World War, the sense of aluminum's utility expanded to include its ornamental characteristics. Reynolds also discharged contaminants to the St. Lawrence River through four permitted outfalls. 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. In addition, the company has a metal supply system with operations in bauxite mining, alumina refining, and primary and reclaimed aluminum production. Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. 19. During the 1960s the company continued to grow and introduce new all-aluminum products for home and industry. The PR industrys most comprehensive listing of firms from every region and specialty. The 1,600-acre facility is bordered on the north by the St. Lawrence River and on the south by the Raquette River. Texas refinery. 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. Union employees with fixed compensation contracts did receive incentive compensation. The 1,600-acre former Reynolds Metals Facility is located on the St. Lawrence River, approximately eight miles east of the village of Massena, New York. HW. Alcoa's first aerospace alloy, 2017-T4, is a critical material for building the historic USS Shenandoah rigid airship. With the end of World War II, the company focused its direction on consumer goods and construction. Later, the company produced aluminum vehicle parts and hull submarines. The Personal Touch A whirlwind three-stop Day One tour by top executives, who met with hundreds of employees at Alcoas headquarters in Pittsburgh, Pa., at the Reynolds Metals HQ in Richmond, Va., and at Reynolds facility in Massena, N.Y. 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. Molly obtained a BS degree in Business Administration, Accounting from Duquesne University in Pittsburgh. Renato serves on the board of directors of The Tull Family Theater, a nonprofit, film-based arts organization in the northwest region of Pittsburgh. Today, because of innovations like the pull tab, and because of aluminum's recyclability, the canned beverage market is virtually 100% aluminum. It has also divested 22 assets. In 2007, he became plant manager for the San Ciprin smelter in Spain, and a year later he was named Director of Finance and Business Integration for GPP Europe. in tight supply, and the price has nearly doubled since last year. [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. The choice for the new official name is an easy one: "Alcoa," the well-known and popular short name coined first in 1910 as the name of a company town in Tennessee. David P. Reynolds, a metals manufacturing executive who helped bring aluminum foil and aluminum beverage cans into the American kitchen, died on Monday in Richmond, Va. Reynolds's World War II production was extensive. REYNOLDS METALS COMPANY FOUNDATION (Delaware (US), 24 Jul 1978 - ) REYNOLDS METALS COMPANY, LLC (Delaware (US), 18 Jul 1928 - ) 691 0 obj
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All times are ET. In 2016, she returned to Alcoa Inc. in a consulting role to the Finance Department related to the separation transaction. Alcoa moved its global headquarters and principal executive office to its existing office location in Pittsburgh. Sonya joined Alcoa in 1989 and held roles of increasing responsibility in communications, marketing, and government affairs. Come for the cinnamon rolls, but stay for the peanut butter cookies, salted caramel apple cupcakes and more. The Pittsburgh Reduction Company, eager to open new applications and enter new markets, enters the home cookware market with light, sturdy, no-rust teakettles. She also served in financial management positions at Carnegie Mellon University and PNC Bank. Metals/mining Company. Please subscribe to keep reading. [5], Reynolds Consumer Products went public with an initial public offering on NASDAQ under the ticker symbol REYN on Friday, January 31, 2020. Her career with Alcoa spanned over a decade, with various leadership roles including Vice President of Alcoa Materials Management where she led all commercial aspects of Alcoas European primary aluminum business. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. 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 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. Reynolds Metals pioneered the development of aluminum siding in 1945, and Richard S. Reynolds began predicting a growing demand for additional aluminum during peacetime. Inc., the world's largest Alcoa accepted as a member of the International Council on Mining and Metals (ICMM), an organization focused on enhancing the industrys contribution to society with safe, fair and sustainable practices. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The company has developed new process technologies in aluminum-lithium casting, electromagnetic casting, and various techniques in automation. 673 0 obj
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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. Impressive as the wartime figures were, they were dwarfed by postwar demand for aluminum. During Mr. ONeills 13-year tenure at Alcoa, the number of lost work days per 100 employees fell to 0.2 from 1.86. Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. 2 * McCook Metals L.L.C. [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. [1][2] Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. Since launching the industry, Alcoan innovations have changed how we live. 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. Intranet 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. In addition, Bill previously held key corporate financial positions in Financial Analysis & Planning and as Director of Investor Relations. During its use by Reynolds, the Executive Office Building was known as Reynolds EXO. A total of 4 acquisitions came from private equity firms. Alcoa expands the Sustana line of products with the introduction of EcoSource, the industrys first low-carbon, smelter-grade alumina brand. In 1980, 51 percent of its Jamaican assets and operations and all of its Jamaican land holdings were sold to the Jamaican government. 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 currently serves on the Board of the Public Affairs Council and chairs the Government Affairs Committee for the US Aluminum Association. 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 1937, in Europe to search for new sources of raw materials, Reynolds, Sr. observed that German production capacities for aluminum were more than two times that of the combined production capabilities of the United States, England, and France. Co., the world's third-largest aluminum company, in a $4.5 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. Reynolds Group Holdings is 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. Several members brought Reynolds Metals Company memorabilia to share with attendees. Kelly leads customer-focused commercial strategies across the bauxite, alumina, and aluminum markets, as well as Alcoas global procurement function. Get the latest local business news delivered FREE to your inbox weekly. CA USA. Today, the Hall-Hroult Process is the one method by which every aluminum producer in the world operates. Reynolds owned a 56% interest in an alumina refinery in She returned to Alcoa Inc. in 2001 as Director of Marketing Communications for Alcoa Fujikura Ltd. and oversaw branding, advertising and promotion. By the end of World War II, Reynolds had increased the company's production capacity to more than 450 million pounds. The year also saw a milestone for Reynolds Wrap Aluminum Foil, which celebrated its 50th year. Earlier, Bill served as Chief Financial Officer of GPP. 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. If so, just fill out the short Request for Quote (RFQ) form below to get started. 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. 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. The former RMC facility . This technology reduces carbon emissions, due to the lower use of disposal area, lower water accumulation and, consequently, lower energy consumption utilized for bauxite residue management. Alcoa's common stock is listed on the New York Curb Exchange, forerunner of the American Stock Exchange. By providing your email address, you are providing consent to Alcoa to send you the requested Investor Email Alert updates. Morningstar, Inc. All Rights Reserved. Today the company is the world's third largest aluminum and packaging company. 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. . [3], Reynolds Metals became known for the consumer product Reynolds Wrap foil, as well as for developing and promoting new uses for aluminum. 2000: Alcoa acquires Reynolds Metals Company for $5.8 billion. NATURE OF THE ACTION . In addition to its environmental advantages, recycled aluminum requires only five percent of the energy that would be used to produce aluminum from virgin materials. Reynolds says that in December 1997, the federal government halted the sale of the Alloys facility to Alcoa. 10/29/1941. Alcoa has acquired 25 companies. 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 former Reynolds Metals Company International Headquarters building is in Henrico County, Virginia, near Richmond. Reynolds used the plant to cast ingots from molten aluminum imported from another plant from 1992 to 1998. Phone: (518) 358-2272 Fax: (518) 358-3203, Saint Regis Mohawk Health Service Reynolds fortunes were greatly improved by the discovery of gold at one of the company's bauxite properties in Australia in 1986. Featuring an all-aluminum exterior and many other innovative architectural elements, the Alcoa Building in Downtown Pittsburgh is completed. ALCOA CO. 6603 W Broad St. Richmond, VA 23230-1711. 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. 12/31/1982. Cleanup Site Information. In fact, the company recorded annual sales of $13 million in 1930 and moved its corporate headquarters to New York City. He has deep experience leading Alcoas finance function, having overseen for treasury, pension, tax, controllership, financial planning and analysis, audit, investor relations and transformation. Cable News Network. Reynolds Metals constructed and operated an aluminum smelter and cable mill on the Columbia River in Longview, WA from 1941-2001. Reynolds Metals Company leased the plant in June 1946, and purchased it in June 1949. 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). Alcoa 1978) June 6, 1978. 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. The city of Cornwall, Ontario, is two miles north of the facility, and the . Here are the top 25 Reynolds Metals Co. profiles on LinkedIn. McCook alleged that Alcoa interfered with McCook's customer contracts and prospective business advantage in violation of state law, that Alcoa monopolized the . The company recycles more cans than it produces. 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. Every two weeks, the company had taken 10 percent of . 00-1333. 700 0 obj
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IL. U.S. Foil's entrance into the market generated a price war with other foil manufacturers, who hoped that by cutting prices they could drive the fledgling company out of business. NJ USA. Controlling Company ALCOA CORPORATION Alternative Names. The Great Depression did not affect the growth of the newly formed company. ARCONIC Benefits Resources (ARCONIC4U Service) or 1-844-927-2664 . . The company borrowed $15 million and began construction on its first smelting facility, located at Sheffield, Alabama. Alcoa announced an ambition to achieve net-zero greenhouse gas (GHG) emissions across its global operations by 2050. Alcoa Inc. and Reynolds Metals Company announced today that the U.S. Department of Justice and the European Union have approved their proposed merger and . 2021 To save weight, the engine block and crankcase of the Wright Brothers' historic "Flyer" are cast from aluminum supplied by The Pittsburgh Reduction Company. This merger led . Alumina, the basic ingredient used to produce aluminum, is hUK0+>VvIJJC UAzaxO}&db2j& )y:@{|=2Y$mWv1GyV ;yFvgb ,_c&OdgWl3L/9m6-UYicTIF`(* g`2dPnN-|j6o#}H You must click the activation link in order to complete your subscription. Reynolds built the company's first aluminum foil plant and rolling mill in Louisville, and the Reynolds Metals Company was formed. 9 hO. R.S. 201 Isabella Street
Alex Murdaugh Receives Life Sentence: What Happens Now? 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. At Arconic Architectural Products, we amplify the visual impact of building design to make bold ideas even bolder. 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. 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. Printed materials were also available on a CD ROM in any of 11 languages. 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. Employees: 126,700. He had also previously served as a board member of AlcoaPrevi, the Alcoa employees pension fund in Brazil. Reynolds/Alcoa will begin negotiations for consent decree with EPA and DEQ in January 2007. You will be charged To opt-in for investor email alerts, please enter your email address in the field and select at least one alert option.