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. As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. He was 96 . The smelter closed in 2001. The city of Cornwall, Ontario, is two miles north of the facility, and the . Chat Now Send Inquiry; . During Mr. ONeills 13-year tenure at Alcoa, the number of lost work days per 100 employees fell to 0.2 from 1.86. Reynolds metals company is located in Malvern, Arkansas, and was founded in 2011. Copyright (c) 2022 Company-Histories.com. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. 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. . 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. 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. Every two weeks, the company had taken 10 percent of . The average employee at Reynolds Metals Company makes $53,535 per year. Under the leadership of chairman and CEO Bourke the company moved into the 1990s with its focus on consumer products and on gold. The former RMC facility . Aluminum is infinitely recyclable, and recycling uses 95% less energy than it takes to make aluminum from raw ore. Jeffrey (Jeff) Heeter is Executive Vice President and General Counsel for Alcoa Corporation. It will serve as the companys headquarters for more than 40 years. Jeff is a member of Alcoas Executive Team, which sets strategy for the Company. Reynolds developed aluminum siding for the booming postwar housing market. Trying to buy Reynolds Metals out from under Alcoa. 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. Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders. In 1981, the company expanded its recycling capacity with two more facilities. In 1976 David P. Reynolds was its chairman; J. Louis and William G. Reynolds were board members; a cousin, A.D. Reynolds was a vice-president; and William G. Reynolds, Jr. was the company's treasurer. 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 Reynolds Metals Company capitalized on the persuasive power of aluminum, by re-inventing it in such popular post-war campaigns as "The House of Ease," and "Do-It-Yourself!" [1] After serving as a key material for World War II aircraft frames and ship infrastructures, Reynolds Metals aluminum was re-cast from military to domestic use In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. Disappointing sales in 1996, due to low aluminum prices and lower demand for some of its products, led to yet another company restructuring. 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. 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. 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. 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. Alcoa is an international aluminum company with operations in multiple countries and U.S . Reflecting heat and keeping foods cooler and fresher, Alcoa introduces aluminum foil to America. (Alcoa) and Reynolds Metals Company (Reynolds). Aluminum bottles are unbreakable, keep beer colder longer, look better and recycle better than glass containers. Prior to joining Alcoa, Kelly was with Vista Metals Corp, as the Vice President, Finance. Prior to the separation of Alcoa Inc. into two companies, Molly was Director, Global Shared Services Strategy and Solutions. 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. An attempt to increase production capacities by 20 percent cost Reynolds an estimated $650 million in the mid-1960s. Molly is a seasoned financial executive having worked in strategic positions that require a combination of technical accounting, process improvement and technology expertise. 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. 10/29/1941. Their plan did not work. The facility has been an active aluminum production plant since 1958. In tribute, Reynolds donated $1 million to Meals on Wheels. Alcoa had made a . 482 (1978) REYNOLDS METALS COMPANY, a corporation, Plaintiff, v. ALUMINUM COMPANY OF AMERICA, a corporation, and National Can Corporation, a corporation, Defendants. . The 320-foot bridge built in the 1930s was refitted with 22 aluminum deck panels. 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. %PDF-1.6 % With the end of World War II, the company focused its direction on consumer goods and construction. Metals Employee concerns and questions were anticipated and answered by key communicators or via e-mail. 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 Corporation (an acronym for Aluminum Company of America) is a Pittsburgh-based industrial corporation.It is the world's eighth-largest producer of aluminum. In 1973 a Reynolds unit pleaded guilty to charges of importing ores from Rhodesia, in violation of U.S. government sanctions against the country at the time. In 1940 Reynolds Metals began mining bauxite (aluminum ore) in Bauxite, Arkansas and opened its first aluminum plant near Sheffield, Alabama, the following year. and/or its affiliates. At the time, most foil was manufactured in tall, multi-storied buildings. 12/31/1982. During the 1960s the company continued to grow and introduce new all-aluminum products for home and industry. Prior to Vista Metals, Kelly served as Chief Operating Officer of Electronic Recyclers International (ERI), responsible for leading operations, procurement, and logistics and providing strategic direction and tactical oversight to eight operating plants. Alcoa conducts operations in 10 countries. 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. Alcoa treats the SPL produced from its U.S. smelters at the Gum Springs, AR, hazardous waste treatment facility . 804-281-2000. 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. combination, with certain conditions aimed at limiting Pittsburgh-based Alcoa (F/K/A Reynolds Metals) Los Angeles. The statistics refers to days lost due to workplace injury or illness. In 1938 R.S. Alcoa . [5], Reynolds Consumer Products went public with an initial public offering on NASDAQ under the ticker symbol REYN on Friday, January 31, 2020. 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. Kelly began her aluminum career at Reynolds Metals in 1999, later acquired by Alcoa Inc. Reynolds Metals created the first high-speed, gravure-printed foil, aluminum bottle labels, heat-sealed foil bags for foods and foil-laminated building insulation paper. She also oversees the Alcoa Foundation. . [1] [2] Contents. Reynolds's leadership came under criticism from the financial community, particularly for what was perceived as the Reynolds family having too much control over the company. Kelly began her aluminum career at Reynolds . Reynolds Metals was acquired by Alcoa in June 2000. 71 Margaret Terrance Memorial Way Today, we are the right company at the right time. Sign up to Stock Advisor for $79 for 1 year, Save 15% on orders of $100+ with Kohl's coupon, The Tax Play That Saves Some Couples Big Bucks, Amazon Pausing Construction of Washington, D.C.-Area Second Headquarters. The company was originally founded to produce foil for cigarette packaging. Principal Subsidiaries: Reynolds Metals Development Company; Southern Reclamation Company; Reynolds Consumer Products, Inc.; Reynolds International Inc. One market that did show promise, though, was bridge deck replacement, and in 1996 Reynolds renovated the Corbin suspension bridge in Huntingdon County, Pennsylvania. 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. The company has developed new process technologies in aluminum-lithium casting, electromagnetic casting, and various techniques in automation. Here are the top 25 Reynolds Metals Co. profiles on LinkedIn. 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. 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 . Objective 1 - Deliver timely, accurate information to employees through 300 key communicators Key communicators visited the Intranet site during 562 user sessions double the objective. [8] In 1969, Aluminaut rescued Alvin (DSV-2). Today, because of innovations like the pull tab, and because of aluminum's recyclability, the canned beverage market is virtually 100% aluminum. 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. Alcoa is the largest aluminum company in the United States and the world. FOIL DISTRIBUTING COMPANY (trading name) REYNOLDS ALUMINUM RECYCLING COMPANY (trading name) . [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. Led by legendary CEO Paul ONeill, Alcoa launches best-in-class safety effort aimed at zero workplace injuries. Permits to start clearing contaminated soil along Industrial Way in Longview could be secured this summer, with cleanup starting in 2023, officials say. 3/1/1942. Reproduction in whole or in part in Around the same time, the same process is discovered by chemist Paul T. Hroult of France, and it comes to be known as the Hall-Hroult Process. ALCOA CO. 6603 W Broad St. Richmond, VA 23230-1711. Get the latest local business news delivered FREE to your inbox weekly. In 1989 the company acquired an interest in the Fata European Group in Italy, a company with strong ties to and business experience in Eastern Bloc countries. By using its well-established marketing, sales, and distribution organizations, Reynolds was able to add new products without increasing employment. Four sons of founder Richard S. Reynolds, William G. Reynolds, Richard S. Reynolds Jr., David P. Reynolds, and J. Louis Reynolds, were all part of the running of the business. 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. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. She returned to Alcoa Inc. in 2001 as Director of Marketing Communications for Alcoa Fujikura Ltd. and oversaw branding, advertising and promotion. HAL. Natural Resource Damage Assessment and Restoration Program, Portland, OR | (503) 231-6179 | http://www.fws.gov/oregonfwo/, If you have any problems, suggestions, or comments about our website please notify DOINRDAR@ios.doi.gov. All rights reserved. Hart merged his other packaging companies into Reynolds to create Reynolds Group Holdings. 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. I am very grateful for your help.-- Gary Biviano, VP/Lead on the Alcoa/Reynolds Merger Communications Team. Prior to that she was Director of Metal Risk Management, and Marketing Manager for Alcoa Primary Products. You can sign up for additional alert options at any time. 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. Customer Service. He later moved to Brazil as casthouse manager in the So Luis smelter and then as the plant controller. McCook alleged that Alcoa interfered with McCook's customer contracts and prospective business advantage in violation of state law, that Alcoa monopolized the . 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. The entire project includes work on 57 poles, some of which have deteriorated, Dietz said. 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. In early 2010 all pay was unfrozen. 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. Alcoa's common stock is listed on the New York Curb Exchange, forerunner of the American Stock Exchange. The most common ethnicity at Reynolds Metals Company is White (65%). Alex Murdaughs Trial Lasted Six Weeks. 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. endstream endobj startxref 2000: Alcoa acquires Reynolds Metals Company for $5.8 billion. Kelly began her career in 1991 with IBM. 1978) June 6, 1978. Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. From November 2016 to November 2019, Renato was Vice President and Treasurer.