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. Kelly began her aluminum career at Reynolds . Late in the 1980s the company introduced a line of colored plastic wraps and resealable plastic bags. As Director of Marketing, she was responsible for global branding and leading the development of marketing communication strategies for Alcoas markets and businesses. From 2008 to 2010, he was General Counsel of Alcoa of Australia located in Perth, Australia. The second phase will replace the line between Nippon Dynawave Packagings substation to the the substation on Weyerhaeusers property. It has received a great deal of praise for its recycling philosophy. Reynolds' motion asks the Court to decide three issues: (1) whether Reynolds had an unrestricted right to an item included in gross income for tax years 1940 through 1987; (2) whether Reynolds is entitled to a deduction for tax years 1992 through 1995 because Reynolds did not have an unrestricted right to the earlier item of gross income; and . Please subscribe to keep reading. 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. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. 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. Alcoa's common stock is listed on the New York Curb Exchange, forerunner of the American Stock Exchange. The company was acquired by Alcoa on May 3, 2000 to become the largest aluminum company in the United States. 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. Other RMC-related contaminants that were found in the St. Lawrence River sediment included aluminum, furans, and polyaromatic hydrocarbons (PAHs). Alcoa has acquired 25 companies. Reynolds chose the location because of the abundant supply of competitively-priced hydropower and next-door customer General Motors. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 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. 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 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. 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. Customer Service. You may cancel your subscription at anytime by calling Its RV Aluminaut submarine was operated by Reynolds Submarine Services Corporation.[4]. Reynolds Metals became known for the consumer product . What Reynolds' shareholders . Privacy Policy. 2021 You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section. Today, Alcoa is part of both the World and North American DJSI Indexes. ALCOA, INCORPORATED, Defendant-Appellee, Reynolds Metals Company, Party in Interest-Appellee. 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 site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. The Pittsburgh Reduction Company, eager to open new applications and enter new markets, enters the home cookware market with light, sturdy, no-rust teakettles. R.S. The Reynolds Metals Company International Headquarters is an International Style building complex set in a composed landscape near Richmond, Virginia, completed in 1958. . It has also divested 22 assets. 12/31/1982. Employee concerns and questions were anticipated and answered by key communicators or via e-mail. The average employee at Reynolds Metals Company makes $53,535 per year. Privacy Policy. The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. Two Days Mattered Most. 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. The new units were packaging and consumer products, construction and distribution, transportation, metals and carbon products, bauxite and alumina, and cans. Alcoa Recycling Company is incorporated to support the companys goal of enhancing sustainability by increasing its recycling activity. She also oversees the Alcoa Foundation. As consumers, we often take for granted all the hard work that goes into building a great company. Alcoa Modernization of its plants continued with the construction of a new 120-metric-ton-per-year facility at the company's Baie Comeau, Quebec, smelter, along with expansion and modernization of other company plants in Western Australia, Texas, and Louisiana. Australia, 50% interest in a refinery in Germany and 100% interest in a Alcoa (F/K/A Reynolds Metals) Los Angeles. 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. Thanks to all who contributed HAL. Reynolds Metals was acquired by Alcoa in June 2000. and/or its affiliates. 201 Isabella Street They downloaded fact sheets, newsletter articles, and employee benefits Q&A to help them communicate to employees. You must click the activation link in order to complete your subscription. Reynolds Metals Company leased, and later bought, six government defense plants that were up for disposal. We feel that the views of the reader are as important as the views of the writer. In 1970 the first all-aluminum automobile engine block was introduced. ALCOA absorbed the assets of Reynolds Metals in 2000, but the Massena plant remained operational until March 2014. Alcoa bought the Reynolds Metals Co. and its Longview aluminum plant, located west of Longview, in 2000. American Smelting & Refining Co. (Federal Metals Division) Newark. There are 41 other people named George Cain on AllPeople. Reynolds built the company's first aluminum foil plant and rolling mill in Louisville, and the Reynolds Metals Company was formed. History; Headquarters; Consumer products; References; Further reading; External links The RMC facility was placed on the New York State Department of Environmental Conservation (NYSDEC) Registry of Inactive Hazardous Waste Sites in 1987. 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. Reynolds developed aluminum siding for the booming postwar housing market. ELYSIS aluminum is produced and sold at industrial scale for the first time, representing a major milestone in advancing the ELYSIS technology invented by Alcoa. She is responsible for the Companys finance functions, corporate development, and the global Information Technology and Automated Solutions functions. 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. 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. . 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. In fact, the company recorded annual sales of $13 million in 1930 and moved its corporate headquarters to New York City. 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/Alcoa will begin negotiations for consent decree with EPA and DEQ in January 2007. 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. The PR industrys most comprehensive listing of firms from every region and specialty. 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. 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. aluminum concern, cleared U.S. and European antitrust hurdles and completed Designs included "Birds and Bees" for baby showers, "Born Lucky, Born Rich" for birthdays, and "Flight of Fancy" for weddings or Christmas. Jeff is a member of Alcoas Executive Team, which sets strategy for the Company. The introduction of foil revolutionized modern homes. Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but the wait does not prevent the site from being developed or leased today. 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. NJ USA. Do Not Sell, Acceptance of $5.8B offer may not end battle for No. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. Principal Operating Units: Packaging and Consumer Products; Construction and Distribution; Transportation; Metals and Carbon Products; Bauxite and Alumina; Cans. Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. Cable News Network. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. 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. The Reynolds Metals Company is located at 194 County Route 45 in Massena, New York. Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders. Kelly leads customer-focused commercial strategies across the bauxite, alumina, and aluminum markets, as well as Alcoas global procurement function. . Alcoa's largest acquisition to date was in 2000, when it acquired Reynolds Metals for $4.5B. 10/29/1941. The worlds first flying machine is powered by an aluminum heart made from Alcoas new metal. 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. 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. 482 (1978) REYNOLDS METALS COMPANY, a corporation, Plaintiff, v. ALUMINUM COMPANY OF AMERICA, a corporation, and National Can Corporation, a corporation, Defendants. 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. All times are ET. * NSNfulfillment.com is owned and operated by ASAP Semiconductor, an AS9120B, ISO 9001: . They downloaded fact sheets, newsletter articles, and employee benefits Q&A to help them communicate to employees.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. [3], Reynolds Metals became known for the consumer product Reynolds Wrap foil, as well as for developing and promoting new uses for aluminum. Half the land will be preserved as open space. Suite 500 US District Court for the Northern District of Indiana - 457 F. Supp. NATURE OF THE ACTION . Get up-to-the-minute news sent straight to your device. Earlier, she served as Director, Organizational Effectiveness, developing comprehensive organizational change strategies to enable successful execution of the business strategy and change programs. Control of the company was still held by the Reynolds family. In 1993, RMC and NYSDEC signed a Consent Order that required RMC to implement the remedy in the ROD. Northwest Alloys. Sonya is a member of the Alcoa Executive Team, which sets strategic direction for the Company. 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. Compare pay for popular roles and read about the team's work-life balance. In 1938 R.S. ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) 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. Reynolds's research had helped develop technology for the manufacture of aluminum automobile drive shafts and radiators. 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. 19. 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. He is also a Director of Alcoa Corporation. 71 Margaret Terrance Memorial Way 12/31/1982. Reynolds Metals Company leased the plant in June 1946, and purchased it in June 1949. [8] In 1969, Aluminaut rescued Alvin (DSV-2). In 1994, a pact to scale back production in the next two years among the chief aluminum-producing nations helped Reynolds to achieve strong sales. [1][2], On January 21, 2008, Alcoa sold its consumer unit to Rank Group Ltd. Rank's owner, New Zealand billionaire Graeme Hart, renamed Alcoa's former unit the Reynolds Packaging Group. Controlling Company ALCOA CORPORATION Alternative Names. 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. Disappointing sales in 1996, due to low aluminum prices and lower demand for some of its products, led to yet another company restructuring. From June 2014 to October 2015, Roy was Executive Vice President, Human Resources, Environment, Health & Safety and Sustainability. Employee concerns and questions were anticipated and answered by key communicators or via e-mail19 advertisements in local newspapers delivered messages to residents in plant communities. Plagued by cost overruns and delays, by the time the project was finished demand for aluminum had leveled off. 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 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. Reynolds recognized the advantages of using lighter-weight, less-expensive aluminum foil. 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. Reynolds, Jr. had previously founded a stock-brokerage firm that would later become Reynolds Securities, which eventually merged with Dean Witter. After the Second World War, the sense of aluminum's utility expanded to include its ornamental characteristics. 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. 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. Molly is a member of the Alcoa Executive Team, which sets strategy for the Company. Major hazardous substances of concern include polyaromatic hydrocarbons (PAHs), aluminum, cyanide, fluoride, and polychlorinated biphenyls (PCBs) from electrical equipment. Aluminum is an essential element in powering a global, sustainable economy. Since launching the industry, Alcoan innovations have changed how we live. ("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 . You can sign up for additional alert options at any time. Before the ink . After 128 years of operating as a vertically integrated company, Alcoa separates its mining/refining/smelting and power businesses (retaining the name "Alcoa") from its fabrication businesses that became known as "Arconic.". In 1940 Reynolds Metals began mining bauxite (aluminum ore) in Bauxite, Arkansas and opened its first aluminum plant near Sheffield, Alabama, the following year. Aluminaut's assistance enabled Woods Hole Oceanographic Institution to continue operating its submersible. He was 96 . A small portion of the spooling operation from the Richmond Foil plant was moved to the Reynolds plant in Grove City, Pennsylvania, in early 2010. 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. 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. 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. Get the latest business insights from Dun & Bradstreet. Wiki User 2008-09-19 16 . As a leading manufacturer of composite material, pre-painted heavy-gauge aluminum and bonded sheets, we define skylines all over the world with distinctive building faades. Kelly graduated from the University of Virginia, McIntire School of Commerce with a Bachelor of Science degree in commerce, concentration in Finance. Alcoa purchased the land from Reynolds Metals that year. The facility now known as Alcoa East was constructed in 1958 for the production of aluminum and closed in 2014. Reynolds, Jr. brought in a financial consulting firm to streamline operations. Sonya Elam Harden is Executive Vice President and Chief External Affairs Officer for Alcoa Corporation. NRD . 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. Alcoa purchased the land from Reynolds Metals that year. Alcoa purchased the land from Reynolds Metals that year. As a leader in consumer aluminum recycling, Reynolds distributes aluminum and stainless steel mill products through a nationwide network of metal service centers. Finally, we can read about how these great companies came about with Company Histories.. I am very grateful for your help.-- Gary Biviano, VP/Lead on the Alcoa/Reynolds Merger Communications Team. Even with smaller cans, recycling them and other aluminum products was achieving record levels. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. Alcoa forms a joint venture known as ELYSISTM to commercialize a revolutionary smelting technology that Alcoa invented that eliminates all greenhouse gas emissions, instead producing pure oxygen. 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 . 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. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. 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. The Great Depression did not affect the growth of the newly formed company. 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. %PDF-1.6 % As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. (Alcoa) and Reynolds Metals Company (Reynolds). [14], Last edited on 13 February 2023, at 05:05, Reynolds Metals Company International Headquarters, "European Commission OKs Alcoa-Reynolds deal", "Pactiv Evergreen Inc. (Currently Known as Reynolds Group Holdings Limited) Announces Launch of Initial Public Offering", "Wrapping Aluminum at the Reynolds Metals Company", "National Register of Historic Places: Reynolds Metals Company International Headquarters", National Register properties in Henrico County, VA, "How a Downington Printing Plan Failed after 50 Years", "Reynolds shakes off market jitters with year's first big IPO", Opportunity in Crisis: The Reynolds Metals Story, https://www.reynoldsconsumerproducts.com/, Referenceforbusiness.com: History of the Reynolds Metals Company, https://en.wikipedia.org/w/index.php?title=Reynolds_Group_Holdings&oldid=1139065650, This page was last edited on 13 February 2023, at 05:05. She also established the Companys privacy office in response to the implementation of GDPR. 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.
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