USA. 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. The 320-foot bridge built in the 1930s was refitted with 22 aluminum deck panels. Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982. In this role, Kelly is responsible for leading the commercial function including sales and trading, marketing, supply chain, commercial operations, and procurement. Most stock quote data provided by BATS. In 2000, the plant was temporarily shut down. 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). At Alcoa, we believe our legacy is our call to action. She also oversees the Alcoa Foundation. 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. 457 F. Supp. This business is working in the following industry: Manufacture of minerals and metals. In 1996, another can-making plant was closed in Houston, Texas, but the modernization of a plant in Torrance, California, neared completion with the number of manufacturing lines reduced from six to three. ARCONIC Benefits Resources (ARCONIC4U Service) or 1-844-927-2664 . Several members brought Reynolds Metals Company memorabilia to share with attendees. 3100086. Alcoa . Reynolds also discharged contaminants to the St. Lawrence River through four permitted outfalls. I am very grateful for your help.-- Gary Biviano, VP/Lead on the Alcoa/Reynolds Merger Communications Team. AZ USA. NSNfulfillment.com is owned and operated by ASAP Semiconductor, an AS9120B, ISO 9001: . 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. 482 (1978) REYNOLDS METALS COMPANY, a corporation, Plaintiff, v. ALUMINUM COMPANY OF AMERICA, a corporation, and National Can Corporation, a corporation, Defendants. 700 0 obj <>stream Get the latest local business news delivered FREE to your inbox weekly. Molly is a member of the Alcoa Executive Team, which sets strategy for the Company. As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. Reynolds, nephew of the tabacco giant R. J. Reynolds, in Louisville, Kentucky. Get up-to-the-minute news sent straight to your device. Wiki User 2008-09-19 16 . hb```f``d$30 P(q4$@6gFU+ She leads a global team of HR professionals in 10 countries. She was Senior Vice President and General Manager of Aleris North America Rolled Products division from 2012 to 2014, responsible for over 1,800 employees at seven U.S-based aluminum mills. In 1928, Reynolds purchased Robertshaw Thermostat, Fulton Sylphon, and part of Beechnut Foil, adding them to U.S. Foil to create Reynolds Metals. They downloaded fact sheets, newsletter articles, and employee benefits Q&A to help them communicate to employees. 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. endstream endobj startxref From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. Alex Murdaughs Trial Lasted Six Weeks. 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. Like most U.S. industrial giants, Reynolds lost sales in the recession of the early 1980s. He later moved to Brazil as casthouse manager in the So Luis smelter and then as the plant controller. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. As consumers, we often take for granted all the hard work that goes into building a great company. 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. Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. Customer Service. R.S. [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. 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. In 1992, Reynolds sold its wire and cable operations, as well as its 84 percent interest in Eskimo Pie. 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? Get all the articles, experts, jobs, and insights you need. In addition, the company has a metal supply system with operations in bauxite mining, alumina refining, and primary and reclaimed aluminum production. Reynolds recycled 584 million pounds of aluminum, including more than 11 billion aluminum beverage cans, and nearly 228 million pounds of non-can aluminum scrap in 1996 alone. The new units were packaging and consumer products, construction and distribution, transportation, metals and carbon products, bauxite and alumina, and cans. Taking his son, Richard S. Reynolds, Jr., with him as assistant to the president, the company settled in Richmond, Virginia. 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. [3], Reynolds Metals became known for the consumer product Reynolds Wrap foil, as well as for developing and promoting new uses for aluminum. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. The Foundation will play a significant role in strengthening sustainability in Alcoa communities worldwide. Chat Now Send Inquiry; . . Molly obtained a BS degree in Business Administration, Accounting from Duquesne University in Pittsburgh. (Alcoa) and Reynolds Metals Company (Reynolds). You can sign up for additional alert options at any time. 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 Renato joined Alcoa Inc. in 1997 in So Paulo (Brazil). Aluminum is an essential element in powering a global, sustainable economy. During its operation, various types of industrial waste were disposed of throughout the Reynolds facility. His three brothers, David, William G., and J. Louis, also assumed much of the responsibility for running the business, concentrating primarily on a program of rapid overseas expansion. At the time, most foil was manufactured in tall, multi-storied buildings. Content Protected Copyright 2023 NRDAR. The latter site was selected because the Reynolds plant plays an important role in the community of Massena and its economy. 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. combination, with certain conditions aimed at limiting Pittsburgh-based 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. We open a world of design possibilities with aluminum . 3 aluminum maker. In 2000, Reynolds was purchased by Alcoa. The company also announced that employment would once again be reduced by 12 percent to cut costs. 482 (N.D. Ind. Alcoa successfully completes the installation of press filtration technology for bauxite residue at its Poos de Caldas refinery in Brazil. Audi is the first to use metal from our revolutionary technology that eliminates all direct carbon dioxide emissions from the traditional smelting process. Tammi is also a member of the Alcoa Executive Team, responsible for setting the strategic direction for the Company. It's largest disclosed sale occurred in 2001, when it sold Cordant Technologies to Alliant Techsystems . Alcoa, the parent company of Northwest Alloys, is reviewing options for leasing or development agreements today but did not want to slow down the cleanup process, Gaines said. RMC, under a Consent Order with NYSDEC, agreed to investigate the contamination at the facility; this investigation excluded the St. Lawrence River. 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. Our customers will expect us to be faster, brighter, more competitive and quality-conscious than ever before and we will not disappoint them.EXECUTIONIntranet Innovation Ketchum created an Alcoa Intranet site where merger documents, including advertising, were prepared and held ready for last minute changes. learn how over 7,000 companies got started! All Rights Reserved.Terms 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. All-aluminum car bumpers were in use in 1973. 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. Alex Murdaugh Receives Life Sentence: What Happens Now? East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. Annual sales: $21 billion. Total cost is only $ 299.00. During its use by Reynolds, the Executive Office Building was known as Reynolds EXO. At one time, the plant employed more than 300 . 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. Earlier, he served as Director of Investor Relations, and before this role was Director of Corporate Treasury. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section. He is also a Director of Alcoa Corporation. Reynolds was sold to Alcoa in 2000, five years after Mr. Reynolds stepped down from its board. Reynolds Aluminum Supply Co. RASCO is a partner in MetalSpectrum, a metals e-commerce venture announced Tuesday that Alcoa also has a stake . 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.". Roy has served as Alcoas Chief Executive Officer since November 2016 and took on the additional role of President in May 2017. During Mr. ONeills 13-year tenure at Alcoa, the number of lost work days per 100 employees fell to 0.2 from 1.86. At Arconic Architectural Products, we amplify the visual impact of building design to make bold ideas even bolder. You did a masterful job of coordinating this project and have been a major contributor throughout. 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 . Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology . The statistics refers to days lost due to workplace injury or illness. 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. 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. Designs included "Birds and Bees" for baby showers, "Born Lucky, Born Rich" for birthdays, and "Flight of Fancy" for weddings or Christmas. There are 41 other people named George Cain on AllPeople. 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. He has deep experience leading Alcoas finance function, having overseen for treasury, pension, tax, controllership, financial planning and analysis, audit, investor relations and transformation. 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. 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. [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. The Company serves customers in the aluminum fabricating, packaging and consumer, commercial construction, distribution, and . HAL. However, when Reynolds Metals developed the world's first aluminum submarine, the Aluminaut, the experimental product participated in a key rescue. 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. Alcoa Inc., the world's largest aluminum concern, cleared U.S. and European antitrust hurdles and completed its acquisition of Reynolds Metals Co., the world's third-largest aluminum company, in a . any form or medium without express written consent of NRDAR is Strictly Prohibited. In 1976 David P. Reynolds, also known for his involvement in Thoroughbred horse racing, took over as president. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. 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. The U.S. Department of Justice and the European Commission approved the In 1931, the company moved its headquarters to New York City and in 1938 the headquarters moved again to Richmond, Virginia. Already a member? [5], Reynolds Consumer Products went public with an initial public offering on NASDAQ under the ticker symbol REYN on Friday, January 31, 2020. Please subscribe to keep reading. Reynolds Metals Co., 1991. Molly Beerman is Executive Vice President and Chief Financial Officer. Reynolds built the company's first aluminum foil plant and rolling mill in Louisville, and the Reynolds Metals Company was formed. By providing your email address, you are providing consent to Alcoa to send you the requested Investor Email Alert updates. 0 Reynolds Metals pioneered the development of aluminum siding in 1945, and Richard S. Reynolds began predicting a growing demand for additional aluminum during peacetime. Disappointing sales in 1996, due to low aluminum prices and lower demand for some of its products, led to yet another company restructuring. . Alcoa Recycling Company is incorporated to support the companys goal of enhancing sustainability by increasing its recycling activity. The introduction of foil revolutionized modern homes. Pittsburgh, PA 15212-5858 Even with smaller cans, recycling them and other aluminum products was achieving record levels. Every two weeks, the company had taken 10 percent of . 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. lifetime. Come for the cinnamon rolls, but stay for the peanut butter cookies, salted caramel apple cupcakes and more. 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. . Portions of the site were contaminated by these activities. By using its well-established marketing, sales, and distribution organizations, Reynolds was able to add new products without increasing employment. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 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. The following year, Reynolds ventured outside the United States for the first time by opening a foil production plant in Havana. [1][2] Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. Prior to assuming this role, Jeff was Group Counsel for Alcoa Global Primary Products from 2010 to 2014. All times are ET. 1978) June 6, 1978. In 1994, Reynolds purchased the aluminum and stainless steel products distribution business of Prime Metals. Employees: 126,700. In 2016, she returned to Alcoa Inc. in a consulting role to the Finance Department related to the separation transaction. 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. 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. 00-1333. 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. He believed new aluminum-producing facilities would need to be built to meet demand. She also served in financial management positions at Carnegie Mellon University and PNC Bank. Reynolds also produces plastic products which are primarily used in its packaging and consumer products businesses. hbbd``b`f KSb%) D| DXS+[ X@P #dF? You must click the activation link in order to complete your subscription. 9 hO. 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. 1000683 American Standard Manufacturing Co. Chicago. Alumina, the basic ingredient used to produce aluminum, is HW. Molly is a certified public accountant and began her career with the Pittsburgh office of Deloitte. As a fully integrated manufactuer, distributor, and marketer of primary and value-added fabricated aluminum products, the company operates 100 manufacturing facilities in 24 nations. filed: august 10, 1946 aluminum and aluminum alloys in rolled, cast, extruded, and forged state owned by: reynolds metals company serial number: 71507218. reynolds pak. The former RMC facility . In this role, Jeff has overall responsibility for Alcoas legal, compliance, and governance matters globally. Kelly graduated from the University of Virginia, McIntire School of Commerce with a Bachelor of Science degree in commerce, concentration in Finance. ("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 . Aluminum is infinitely recyclable, and recycling uses 95% less energy than it takes to make aluminum from raw ore. 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. Email notifications are only sent once a day, and only if there are new matching items. Reynolds Group Holdings was a New Zealand based packaging company with roots in the former Reynolds Metals Company, which was the second-largest aluminum company in the United States, and the third-largest in the world.Reynolds Metals was acquired by Alcoa in June 2000. $ + tax [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]. By the end of World War II, Reynolds had increased the company's production capacity to more than 450 million pounds. Reynolds, Jr. was named the company's new president in 1948. We see them around but we don't know what goes on behind the scenes. Reynolds used the plant to cast ingots from molten aluminum imported from another plant from 1992 to 1998. Trying to buy Reynolds Metals out from under Alcoa. 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 Metals was acquired by Alcoa in June 2000. Found 91 colleagues at Reynolds Metals Co Inc. You did a masterful job of coordinating this project and have been a major contributor throughout. 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. As a leader in consumer aluminum recycling, Reynolds distributes aluminum and stainless steel mill products through a nationwide network of metal service centers. You have permission to edit this article. Employee concerns and questions were anticipated and answered by key communicators or via e-mail. He was 96 . Sonya is a graduate of The Ohio State University with a bachelors degree in Journalism. 19. 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.
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