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Free and open company data on Delaware (US) company REYNOLDS METALS COMPANY, LLC (company number 240111) Learn how to leverage transparent company data at scale. With Audi's all-aluminum A8, aluminum reaches its full potential to reduce weight, reduce emissions and boost performance. Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. 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. 3 aluminum maker. The Massena plant was an outgrowth of RMC's 1940 decision to become . Annual sales for Reynolds metals company are around USD 1,638,797. 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. Today, we are the right company at the right time. The production equipment was, therefore, installed in long rows, which eliminated the need for the expensive transporting of the product. 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. 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. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Most stock quote data provided by BATS. Prior to the separation of Alcoa Inc. into two companies, Molly was Director, Global Shared Services Strategy and Solutions. 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. Bill serves on the Board of Directors of the National Association of Manufacturers, the largest industrial trade association in the U.S. and the nations most influential advocate for manufacturing. What Reynolds' shareholders . Reynolds also produces plastic products which are primarily used in its packaging and consumer products businesses. combination, with certain conditions aimed at limiting Pittsburgh-based 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. US District Court for the Northern District of Indiana - 457 F. Supp. We're excited to announce that part number LS7030 is now available in our ready-to-ship inventory.Part number LS7030 is a Angle Structural manufactured by Alcoa Reynolds Metals Company with FSC 9540 Structural Shapes Nonferrous Base Metal.Are you interested in a quick and competitive quote for this part? It was named to the National Register of Historic Places, one of the rare mid20th century buildings on the list. [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. 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. Initially, the new company supplied lead and tin foil wrappers to cigarette and candy companies. 482 (N.D. Ind. Like most U.S. industrial giants, Reynolds lost sales in the recession of the early 1980s. In addition, the company has a metal supply system with operations in bauxite mining, alumina refining, and primary and reclaimed aluminum production. 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. We feel that the views of the reader are as important as the views of the writer. The company recycles more cans than it produces. With the end of World War II, the company focused its direction on consumer goods and construction. It also ushers in a new era of high-rise buildings clad in Alcoa aluminum. Union employees with fixed compensation contracts did receive incentive compensation. 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. The company also announced that employment would once again be reduced by 12 percent to cut costs. It was in turn leased to Philip Morris USA in 2003 and later joined by parent company Altria in 2008. [13] When Alcoa purchased Reynolds Metals, it shed some non-metals packaging and printing businesses but preserved the Reynolds consumer brand, as well as the Reynolds Kitchens, which are still across the street from the former Reynolds headquarters building. Do Not Sell, Acceptance of $5.8B offer may not end battle for No. * R.S. During Mr. ONeills 13-year tenure at Alcoa, the number of lost work days per 100 employees fell to 0.2 from 1.86. They downloaded fact sheets, newsletter articles, and employee benefits Q&A to help them communicate to employees. Privacy Policy. 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 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. No, You Cant Build Here. The U.S. Army Corps of Engineers has to approve the permits because work will be done near the Columbia River diking system and in and around wetlands, he added. She leads a global team of HR professionals in 10 countries. Printed materials were also available on a CD ROM in any of 11 languages. 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 former RMC facility, which is not part of the site, was addressed under New York state authorities. Reynolds also discharged contaminants to the St. Lawrence River through four permitted outfalls. From June 2014 to October 2015, Roy was Executive Vice President, Human Resources, Environment, Health & Safety and Sustainability. Reynolds, Jr. had previously founded a stock-brokerage firm that would later become Reynolds Securities, which eventually merged with Dean Witter. 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. Reynolds Metals Company leased the plant in June 1946, and purchased it in June 1949. Working with his sister Julia in a shed attached to the family home in Oberlin, Ohio, chemistry student Charles Martin Hall discovers a way to produce aluminum through electrolysis that drastically reduces its cost. 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. Ancient Antioch Survived Many Disasters in Its 2,400 YearsTurkeys Earthquake Obliterated It, How Gas From Texas Becomes Cooking Fuel in France, Opinion: Common Sense Points to a Lab Leak, Opinion: Yes, Theres a Housing Crisis. Reynolds developed aluminum siding for the booming postwar housing market. 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. R.S. AZ USA. 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. 12% of Reynolds Metals Company employees are Hispanic or Latino. Already a member? She also served as Director, Global Procurement Center of Excellence and earlier was Manager, North America Financial Accounting Services. Richard S. Reynolds Jr. succeeded his father as president in 1948 and under his leadership, the company underwent a major expansion with operations extended to countries around the world such as Venezuela and the Philippines. Other RMC-related contaminants that were found in the St. Lawrence River sediment included aluminum, furans, and polyaromatic hydrocarbons (PAHs). At this location, Reynolds metals company employs approximately 166 people. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 However, when Reynolds Metals developed the world's first aluminum submarine, the Aluminaut, the experimental product participated in a key rescue. Kelly began her career in 1991 with IBM. Employees: 126,700. You can cancel at any time. 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. Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. You have permission to edit this article. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. Pittsburgh, PA 15212-5858 The Reynolds Metals Corporation (RMC) Site includes a portion of the St. Lawrence River that borders the RMC facility, The recently-shuttered RMC aluminum production plant is located on the St. Lawrence River, approximately eight miles east of the village of Massena, New York. In 2019, Renato completed the Advanced Management Program 196 at Harvard University. endstream endobj startxref 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. Get all the articles, experts, jobs, and insights you need. In 2010, he received the Chartered Financial Analyst designation from CFA Institute. In 1931, the company moved its headquarters to New York City and in 1938 the headquarters moved again to Richmond, Virginia. According to the SRMT, Akwesasne has a population of 12,400 people and covers a land area of approximately 16,640 square acres, which includes wetlands, agricultural land, woodlands, and light commercial development. Discover Alcoan innovations that changed the world. REYNOLDS METALS COMPANY FOUNDATION (Delaware (US), 24 Jul 1978 - ) REYNOLDS METALS COMPANY, LLC (Delaware (US), 18 Jul 1928 - ) Alcoa's bold $4.4 billion acquisition of Reynolds Metals, its chief rival for most of the 20 th century, delivered a powerful message to Wall Street and the company's worldwide workforce - the potent combination of Alcoa and Reynolds creates a stronger global competitor that is poised to achieve new levels of growth. 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. Prior to ERI, Kelly worked in the aluminum industry for fifteen years. Come for the cinnamon rolls, but stay for the peanut butter cookies, salted caramel apple cupcakes and more. 8/23/1967. She previously served as the Secretary-Treasurer of the African American Cultural Center, which owns the August Wilson venue in Pittsburgh for the performing arts. HAL. A WarnerMedia Company. Alcoa Recycling Company is incorporated to support the companys goal of enhancing sustainability by increasing its recycling activity. . Privacy Policy. Reynolds deduced that Germany was preparing for war, with a massive production effort in aluminum sheet used to build military airplanes. 1919 - 2000. Hart merged his other packaging companies into Reynolds to create Reynolds Group Holdings. The company borrowed $15 million and began construction on its first smelting facility, located at Sheffield, Alabama. 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. You may cancel your subscription at anytime by calling Alcoa Corporation Today, Alcoa is part of both the World and North American DJSI Indexes. Get up-to-the-minute news sent straight to your device. 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 recognized the advantages of using lighter-weight, less-expensive aluminum foil. FOIL DISTRIBUTING COMPANY (trading name) REYNOLDS ALUMINUM RECYCLING COMPANY (trading name) . As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but the . 19 advertisements in local newspapers delivered messages to residents in plant communities. Find out what works well at Reynolds Metals/Alcoa from the people who know best. [3], Reynolds Metals became known for the consumer product Reynolds Wrap foil, as well as for developing and promoting new uses for aluminum. As Director of Marketing, she was responsible for global branding and leading the development of marketing communication strategies for Alcoas markets and businesses. At the time, most foil was manufactured in tall, multi-storied buildings. Around this time, 30,000 workers were employed by Reynolds Metals. 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. . He worked in the energy group, participating in the development of the Alcoa hydroelectric power plants there. 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. Reynolds's research had helped develop technology for the manufacture of aluminum automobile drive shafts and radiators. If so, just fill out the short Request for Quote (RFQ) form below to get started. [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]. 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. Since launching the industry, Alcoan innovations have changed how we live. Reynolds then resumed marketing the facility. Please subscribe to keep reading. As a leader in consumer aluminum recycling, Reynolds distributes aluminum and stainless steel mill products through a nationwide network of metal service centers. Molly obtained a BS degree in Business Administration, Accounting from Duquesne University in Pittsburgh. Over the course of his Alcoa career, Jeff has served as business unit counsel for several businesses within the Global Primary Products group, including the former Alcoa World Chemicals business and the Alcoa World Alumina-Atlantic refining business. 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. By using its well-established marketing, sales, and distribution organizations, Reynolds was able to add new products without increasing employment. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. HAL. In 1976 David P. Reynolds, also known for his involvement in Thoroughbred horse racing, took over as president. We are delighted that you'd like to resume your subscription. 457 F. Supp. 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. In 1947, the company released Reynolds Wrap Aluminum Foil. In 1993, RMC and NYSDEC signed a Consent Order that required RMC to implement the remedy in the ROD. Alcoa purchased the land from Reynolds Metals that year. HAL. Reynolds Metals Company was founded in 1919 by R.S. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. Reynolds was sold to Alcoa in 2000, five years after Mr. Reynolds stepped down from its board. Learn more about the Foundation. 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 . The Great Depression did not affect the growth of the newly formed company. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. He was Chief Operating Officer for GPP, where he focused on the day-to-day operations of Alcoa's mining, refining, smelting, castings and energy businesses. 691 0 obj <>/Filter/FlateDecode/ID[<9C78213E2CE3C144AB7920A6F7FA9F46><27C37A7FD5E4B04A95E4799C14DA141A>]/Index[673 28]/Info 672 0 R/Length 84/Prev 442865/Root 674 0 R/Size 701/Type/XRef/W[1 2 1]>>stream [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. Roy joined Alcoa in 2002 as a business analyst for GPP in Knoxville, Tennessee. 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. Suite 500 [9], By 1991, Reynolds Metals employed 30,800 workers at more than 100 operations in 20 countries, including 64 plants in the United States, and had a total production capacity of more than 1 million tons of aluminum and aluminum products. Renato is a member of the Alcoa Executive Team, which sets strategic direction for the Company. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. Gaines said more structures are slated for demolition on the Northwest Alloys site than will remain on the 510 acres. Molly is a member of the Alcoa Executive Team, which sets strategy for the Company. The work is not part of the state-requested cleanup of contaminated soil, which officials say could begin next spring. Furthermore, the company noted that as more and more aluminum is used in automobiles, appliances, building products, packaging items, foil and foil products, and other household goods, there will be more metals entering the recycling stream. The A8's breakthrough is an all-aluminum space frame, designed and built with manufacturing techniques developed by Alcoa. He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. Prior to joining Alcoa, Tammi held various progressive HR roles with Basell Polyolefins and Network Rail. 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. 13% of Reynolds Metals Company employees are Black or African American. Principal Operating Units: Packaging and Consumer Products; Construction and Distribution; Transportation; Metals and Carbon Products; Bauxite and Alumina; Cans. This merger led . Molly is a certified public accountant and began her career with the Pittsburgh office of Deloitte. 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. Email notifications are only sent once a day, and only if there are new matching items. Create an Account and Draft a QDRO for This Plan. Alcoa is selected as a component of the Dow Jones Sustainability Index, one of the most highly recognized and long-standing global sustainability indexes. All the lifting and transferring of raw materials was a costly and inefficient way to manufacture foil. Get the latest business insights from Dun & Bradstreet. I am not sure, but I know that the Louisville location is now being referred to as Reynolds Louisville Plant, even though Reynolds Metals no longer exists as a company. Alcoa is the largest aluminum company in the United States and the world. Jeffrey (Jeff) Heeter is Executive Vice President and General Counsel for Alcoa Corporation. Molly Beerman is Executive Vice President and Chief Financial Officer. 2000: Alcoa acquires Reynolds Metals Company for $5.8 billion. Alcoa bought the Reynolds Metals Co. and its Longview aluminum plant, located west of Longview, in 2000. Influence 4 Infocom 1 [click on the rating for the method or on the number for the data] 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. 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 2000, Reynolds was purchased by Alcoa. Alcoa treats the SPL produced from its U.S. smelters at the Gum Springs, AR, hazardous waste treatment facility . [3] The second phase will replace the line between Nippon Dynawave Packagings substation to the the substation on Weyerhaeusers property. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) 9 hO. Phone: (518) 358-2272 Fax: (518) 358-3203, Saint Regis Mohawk Health Service Earlier, Bill served as Chief Financial Officer of GPP. Today, because of innovations like the pull tab, and because of aluminum's recyclability, the canned beverage market is virtually 100% aluminum. Late in the 1980s the company introduced a line of colored plastic wraps and resealable plastic bags. Reynolds Metals was acquired by Alcoa in June 2000. Alcoa purchased the land from Reynolds Metals that year. 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. He was the last member of his family to head the company and would retire as chairman. hbbd``b`f KSb%) D| DXS+[ X@P #dF? Find company research, competitor information, contact details & financial data for Reynolds Metals Company, LLC of New York, NY. In 1970 the first all-aluminum automobile engine block was introduced. NATURE OF THE ACTION . The statistics refers to days lost due to workplace injury or illness. It was headquartered for most of its existence in Richmond, Virginia; the Modernist style Reynolds Metals Company International Headquarters was built there in 1958. He believed new aluminum-producing facilities would need to be built to meet demand. 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. 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. ARCONIC Benefits Resources (ARCONIC4U Service) or 1-844-927-2664 . 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. Renato serves on the board of directors of The Tull Family Theater, a nonprofit, film-based arts organization in the northwest region of Pittsburgh. 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. Trying to buy Reynolds Metals out from under Alcoa. Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. Reynolds Wrap was first made by a Reynolds Metals Company division, Reynolds Packaging, a business created to supply aluminum foil for packaging tobacco. Sonya is a member of the Alcoa Executive Team, which sets strategic direction for the Company. A century later, 2017-T4 is still used for aircraft sheet and plate. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Found 91 colleagues at Reynolds Metals Co Inc. Included were the first aluminum drill pipe in 1960 and the first aluminum beverage can in 1963, both successful. Alcoa works with the Pittsburgh Brewing Company to introduce easy-open aluminum pull tabs on cans of Pittsburgh Brewing's Iron City beer. Several members brought Reynolds Metals Company memorabilia to share with attendees. Morningstar, Inc. All Rights Reserved. Alcoa's first aerospace alloy, 2017-T4, is a critical material for building the historic USS Shenandoah rigid airship. Alcoa had made a . At Alcoa, we believe our legacy is our call to action. Earlier, he served as Director of Investor Relations, and before this role was Director of Corporate Treasury. Audi is the first to use metal from our revolutionary technology that eliminates all direct carbon dioxide emissions from the traditional smelting process. HW. By providing your email address, you are providing consent to Alcoa to send you the requested Investor Email Alert updates. Alcoa is an international aluminum company with operations in multiple countries and U.S . Roy has served as Alcoas Chief Executive Officer since November 2016 and took on the additional role of President in May 2017. The introduction of foil revolutionized modern homes.