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Soils show elevated levels of fluoride and polycyclic aromatic hydrocarbons (PAHs) and total petroleum hydrocarbons (TPHs), and . [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. On a hill overlooking the Allegheny River and Alcoa's production facility along its banks in Pittsburgh, the company builds a campus-like facility dedicated to finding new aluminum applications, testing its performance and improving production processes. 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. 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. Reynolds also produces plastic products which are primarily used in its packaging and consumer products businesses. Under the leadership of chairman and CEO Bourke the company moved into the 1990s with its focus on consumer products and on gold. NEW YORK (CNNfn) - Alcoa Inc. Thursday won the battle to acquire Reynolds Metals Co. for $5.8 billion in stock and debt, but the war may be far from over. Molly is a certified public accountant and began her career with the Pittsburgh office of Deloitte. In 1975 the company's assets in Guyana were nationalized and Reynolds was forced to settle for a $10 million payment for its Guyanese holdings. As consumers, we often take for granted all the hard work that goes into building a great company. 482 (N.D. Ind. Create an Account and Draft a QDRO for This Plan. Earlier, Bill served as Chief Financial Officer of GPP. Akwesasne, NY 13655 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. 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 Metals Company leased, and later bought, six government defense plants that were up for disposal. 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 . (if applicable) for The Wall Street Journal. The new units were packaging and consumer products, construction and distribution, transportation, metals and carbon products, bauxite and alumina, and cans. Decided: May 10, 2001 Before NIEMEYER, MICHAEL, and MOTZ, Circuit Judges. 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 . In addition, the company has a metal supply system with operations in bauxite mining, alumina refining, and primary and reclaimed aluminum production. Earlier in his career, Bill held engineering, marketing management and business planning positions with Westinghouse and Emerson Electric. Prior to joining Alcoa, Jeff worked in a private practice as a litigation associate. 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 invested more than $400 million in Alabama to ensure its position as a world-class producer of aluminum-can stock and can-end stock. Alcoa had made a . Reynolds developed aluminum siding for the booming postwar housing market. At Alcoa, we promise to treat your data with respect and will not share your information with any third party. Reynolds decided to move the company's headquarters south again. Today, crews are razing buildings to prepare the property for development. 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. Control of the company was still held by the Reynolds family. Alcoa's largest acquisition to date was in 2000, when it acquired Reynolds Metals for $4.5B. 804-281-2000. 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. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Email notifications are only sent once a day, and only if there are new matching items. 71 Margaret Terrance Memorial Way 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). . . Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Today, the Hall-Hroult Process is the one method by which every aluminum producer in the world operates. [1] [2] Contents. 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. American Smelting & Refining Co. (Federal Metals Division) Newark. 12/31/1982. Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. Reynolds Metals Company is the world's third largest aluminum and packaging company. In this role, Jeff has overall responsibility for Alcoas legal, compliance, and governance matters globally. She leads a global team of HR professionals in 10 countries. It has received a great deal of praise for its recycling philosophy. Impressive as the wartime figures were, they were dwarfed by postwar demand for aluminum. Molly is a member of the Alcoa Executive Team, which sets strategy for the Company. In 1981, the company expanded its recycling capacity with two more facilities. 457 F. Supp. Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but the . In May 1988 Reynolds acquired Presto Products, Inc., a $200-million-a-year producer of plastic bags. You can sign up for additional alert options at any time. From June 2014 to October 2015, Roy was Executive Vice President, Human Resources, Environment, Health & Safety and Sustainability. During the 1960s the company continued to grow and introduce new all-aluminum products for home and industry. The most common ethnicity at Reynolds Metals Company is White (65%). However, decline for beer beverage cans was continuing, and another can-making plant was closed in Fulton, New York. Alcoa purchased the land from Reynolds Metals that year. 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.Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders.Key messages stressing the mergers benefits were delivered via the Intranet to 125,000 employees within hours. As Reynolds Metals entered the 1990s, the company was in the best financial condition in its history. Reynolds's research had helped develop technology for the manufacture of aluminum automobile drive shafts and radiators. Phone: (518) 358-3141 Fax: (518) 358-6245, Copyright Saint Regis Mohawk Tribe (en-US). Alcoa successfully completes the installation of press filtration technology for bauxite residue at its Poos de Caldas refinery in Brazil. Reynolds, a former law student and nephew of R.J. Reynolds, one of the first U.S. tobacco barons. The Massena plant was an outgrowth of RMC's 1940 decision to become . The 1,600-acre facility is bordered on the north by the St. Lawrence River and on the south by the Raquette River. 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. Discover Alcoan innovations that changed the world. In 1924, U.S. Foil purchased the manufacturer of Eskimo Pies, which were wrapped in foil. 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. alumina refineries. The A8's breakthrough is an all-aluminum space frame, designed and built with manufacturing techniques developed by Alcoa. Reproduction in whole or in part in With the demand for lighter, more fuel-efficient automobiles, the use of aluminum in U.S. cars was expected to rise during the 1990s. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 9 hO. Renato graduated from So Paulo University (Brazil) in 2000, with a degree in Electrical Engineering, and earned a Master of Business Administration degree from IbMec University (Brazil) in 2004. Aluminum is infinitely recyclable, and recycling uses 95% less energy than it takes to make aluminum from raw ore. Kelly began her career in 1991 with IBM. endstream endobj startxref Renato Bacchi is Executive Vice President and Chief Strategy and Innovation Officer and focuses on developing and overseeing the execution of strategies to support Alcoas vision to reinvent the aluminum industry for a sustainable future and the Companys innovations and technologies, including the Companys Technical Research Center for research and development activities. It's largest disclosed sale occurred in 2001, when it sold Cordant Technologies to Alliant Techsystems . Roy has served as Alcoas Chief Executive Officer since November 2016 and took on the additional role of President in May 2017. In 1993 Reynolds underwent a restructuring that included reducing alumina production and aluminum production by 21 percent, and sold its aluminum reclamation plant in Benton Harbor, Michigan. At this location, Reynolds metals company employs approximately 166 people. You will be notified in advance of any changes in rate or terms. Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. CA USA. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. 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. Subscribe to our emails. It will serve as the companys headquarters for more than 40 years. Metals/mining Company. 3/1/1942. Alcoa In early 2010 all pay was unfrozen. Aluminum bottles are unbreakable, keep beer colder longer, look better and recycle better than glass containers. 19. If you experience any issues with this process, please contact us for further assistance. Today, we are the right company at the right time. 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. Featuring an all-aluminum exterior and many other innovative architectural elements, the Alcoa Building in Downtown Pittsburgh is completed. USA. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. Alcoa (F/K/A Reynolds Metals) Phoenix. Tammi A. Jones is Executive Vice President and Chief Human Resources Officer for Alcoa Corporation, focusing on all aspects of human resource management, including talent and recruitment, compensation and benefits, training and development and labor relations. 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. [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,, History of the Reynolds Metals Company,, This page was last edited on 13 February 2023, at 05:05. FOIL DISTRIBUTING COMPANY (trading name) REYNOLDS ALUMINUM RECYCLING COMPANY (trading name) . aluminum concern, cleared U.S. and European antitrust hurdles and completed [3], Reynolds Metals became known for the consumer product Reynolds Wrap foil, as well as for developing and promoting new uses for aluminum. lifetime. Initially, the new company supplied lead and tin foil wrappers to cigarette and candy companies. You did a masterful job of coordinating this project and have been a major contributor throughout. . The increased demand for foil was the result of the ever-increasing public appetite for cigarettes, the demand for which was so great that it created constant shortages of foil used for packaging. Alcoa purchased Reynolds in 2000 and briefly reopened, then announced in February 2002, that . %PDF-1.6 % Inc., the world's largest The second phase will replace the line between Nippon Dynawave Packagings substation to the the substation on Weyerhaeusers property. Audi is the first to use metal from our revolutionary technology that eliminates all direct carbon dioxide emissions from the traditional smelting process. ("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 . The introduction of foil revolutionized modern homes. Get the latest business insights from Dun & Bradstreet. [10], In an initiative led by Paul D. Thomas, Reynolds Packaging Group chief executive officer and a former Alcoa executive, on September 21, 2008, Reynolds announced that one of the foil plants that produced Reynolds Wrap, in downtown Richmond, Virginia, would be closed and foil operations moved to Louisville, Kentucky, where Reynolds Wrap first was produced. Salaried employees have since received pay adjustments. In 1928, Reynolds purchased Robertshaw Thermostat, Fulton Sylphon, and part of Beechnut Foil, adding them to U.S. Foil to create Reynolds Metals. Founded: 1919 Headquarters: Auckland Ceased . Since launching the industry, Alcoan innovations have changed how we live. Aluminum production resumed from 1998 to 2000. . This business is working in the following industry: Manufacture of minerals and metals. 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. Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. 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). 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. In this role, Kelly is responsible for leading the commercial function including sales and trading, marketing, supply chain, commercial operations, and procurement. 12/31/1982. 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. Prior to joining Alcoa, Kelly was with Vista Metals Corp, as the Vice President, Finance. Today, because of innovations like the pull tab, and because of aluminum's recyclability, the canned beverage market is virtually 100% aluminum. Contact info: Find more info on AllPeople about George Cain and Reynolds Metals Co Inc, as well as people who work for similar businesses nearby, colleagues for other branches, and more people with a similar name . 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. 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. History; Headquarters; Consumer products; References; Further reading; External links Alcoa is selected as a component of the Dow Jones Sustainability Index, one of the most highly recognized and long-standing global sustainability indexes. The newly purchased Reynolds plant in Kentucky, however, was all on one floor, at ground level. IL. HAL. 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. The company continued to offer new products to the marketplace. 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. Presto produced a full range of plastic bags and wraps for both indoor and outdoor use, including freezer, sandwich, and food storage bags, along with a line of moist paper tissues and cotton swabs. 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. Prior to that she was Director of Metal Risk Management, and Marketing Manager for Alcoa Primary Products. ALCOA, INCORPORATED, Defendant-Appellee, Reynolds Metals Company, Party in Interest-Appellee. Kelly began her aluminum career at Reynolds Metals in 1999, later acquired by Alcoa Inc. Half the land will be preserved as open space. 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 . 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. Trying to buy Reynolds Metals out from under Alcoa. Alcoa wraps up Reynolds. ARCONIC Benefits Resources (ARCONIC4U Service) or 1-844-927-2664 . She returned to Alcoa Inc. in 2001 as Director of Marketing Communications for Alcoa Fujikura Ltd. and oversaw branding, advertising and promotion. Printed materials were also available on a CD ROM in any of 11 languages. 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. 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. The facility now known as Alcoa East was constructed in 1958 for the production of aluminum and closed in 2014. More than 90% of all alloys currently used in the aerospace industry were developed by Alcoa research. hUK0+>VvIJJC UAzaxO}&db2j& )y:@{|=2Y$mWv1GyV ;yFvgb ,_c&OdgWl3L/9m6-UYicTIF`(* g`2dPnN-|j6o#}H From 2008 to 2010, he was General Counsel of Alcoa of Australia located in Perth, Australia. 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.

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