10/29/1941. 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. Large quantities of wastes were generated by the plant during the production of aluminum. Alcoa (F/K/A Reynolds Metals) Los Angeles. The Alcoa-Reynolds merger will raise Alcoa's market share to nearly 59 percent of North American CGA production, enhancing Alcoa's ability and incentive to exercise market . In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. Alcoa purchased the land from Reynolds Metals that year. * In 1994, a pact to scale back production in the next two years among the chief aluminum-producing nations helped Reynolds to achieve strong sales. The former Reynolds Metals Company International Headquarters building is in Henrico County, Virginia, near Richmond. Like most U.S. industrial giants, Reynolds lost sales in the recession of the early 1980s. Disappointing sales in 1996, due to low aluminum prices and lower demand for some of its products, led to yet another company restructuring. 9 hO. 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. Jeff is a member of Alcoas Executive Team, which sets strategy for the Company. Earlier, she served as Director, Organizational Effectiveness, developing comprehensive organizational change strategies to enable successful execution of the business strategy and change programs. In addition to its capital investment program, the company expanded its research-and-development efforts. Reynolds Group Holdings is an American 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 also produces plastic products which are primarily used in its packaging and consumer products businesses. . 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. Aluminum is an essential element in powering a global, sustainable economy. lifetime. billion deal. At this location, Reynolds metals company employs approximately 166 people. Please contact us at [emailprotected], The Agency Within The Agency: Bringing Creative In-House, Ruder Finn Rallies Hispanic Groups To Improve Corporate/Latino Comms, IPG's DNA Freshens Brand To Reflect Global Growth, AMD Global Comms Review Moves Into Final Stages, PRovoke Media Announces Best Consultancies To Work For In EMEA 2023, Davos 2023: Four Key Takeaways For Communicators, Cannes: Ranking the 2022 Gold PR Lions Winners, Three Questions Agency Leaders Need To Be Able To Answer In 2022, "PR is about how organizations behave, not what they say", Employee Communications-Change Management, Financial Communications-Mergers & Acquisitions. Reynolds's research had helped develop technology for the manufacture of aluminum automobile drive shafts and radiators. The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. . If so, just fill out the short Request for Quote (RFQ) form below to get started. The company recycles more cans than it produces. 1. Learn more about the Foundation. Privacy Policy. The company borrowed $15 million and began construction on its first smelting facility, located at Sheffield, Alabama. Alcoa (F/K/A Reynolds Metals) Phoenix. Audi is the first to use metal from our revolutionary technology that eliminates all direct carbon dioxide emissions from the traditional smelting process. 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. 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. In 2019, Renato completed the Advanced Management Program 196 at Harvard University. Roy has served as Alcoas Chief Executive Officer since November 2016 and took on the additional role of President in May 2017. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. Alcoa conducts operations in 10 countries. 71 Margaret Terrance Memorial Way Designs included "Birds and Bees" for baby showers, "Born Lucky, Born Rich" for birthdays, and "Flight of Fancy" for weddings or Christmas. At Alcoa, we believe our legacy is our call to action. 1919 - 2000. Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders. By 1990, the company included production plants throughout the country including a facility in Washington and mining operations throughout the world. 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. The ads were designed to reinforce the key messages of the global communications materials, boost employee pride and send a message of optimism to Wall Street. 13% of Reynolds Metals Company employees are Black or African American. Fata, Reynolds, and a group of Soviet organizations began constructing a $200 million aluminum-foil plant in Siberia in the 1990s. He is also a Director of Alcoa Corporation. 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. Reynolds began as a supplier of foil for cigarette packaging. 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 They downloaded fact sheets, newsletter articles, and employee benefits Q&A to help them communicate to employees. Email notifications are only sent once a day, and only if there are new matching items. If you experience any issues with this process, please contact us for further assistance. During the same year, Alcoa gains approval to globally market and sell sustainably produced products with certifications from the Aluminium Stewardship Initiative. Reynolds published cookbooks such as Outdoor Cooking with Reynolds Wrap (1950) and Casual Cooking (1954) in an attempt to promote the sales of Reynolds Wrap. As consumers, we often take for granted all the hard work that goes into building a great company. in tight supply, and the price has nearly doubled since last year. Reynolds has been involved in an impressive recycling effort since 1968. Molly is a member of the Alcoa Executive Team, which sets strategy for the Company. This technology reduces carbon emissions, due to the lower use of disposal area, lower water accumulation and, consequently, lower energy consumption utilized for bauxite residue management. 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. The A8's breakthrough is an all-aluminum space frame, designed and built with manufacturing techniques developed by Alcoa. Reynolds Metals was acquired by Alcoa in June 2000. 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. More than 90% of all alloys currently used in the aerospace industry were developed by Alcoa research. 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. [3], Reynolds Metals became known for the consumer product Reynolds Wrap foil, as well as for developing and promoting new uses for aluminum. 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. Privacy Policy. I. ALCOA, INCORPORATED, Defendant-Appellee, Reynolds Metals Company, Party in Interest-Appellee. Reynolds chose the location because of the abundant supply of competitively-priced hydropower and next-door customer General Motors. It was in turn leased to Philip Morris USA in 2003 and later joined by parent company Altria in 2008. All times are ET. 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. Create an Account and Draft a QDRO for This Plan. Alcoa will have to sell 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 Metals Superfund Site (Alcoa East) 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. hUK0+>VvIJJC UAzaxO}&db2j& )y:@{|=2Y$mWv1GyV ;yFvgb ,_c&OdgWl3L/9m6-UYicTIF`(* g`2dPnN-|j6o#}H A total of 4 acquisitions came from private equity firms. Reynolds Metals pioneered the development of aluminum siding in 1945, and Richard S. Reynolds began predicting a growing demand for additional aluminum during peacetime. Principal Operating Units: Packaging and Consumer Products; Construction and Distribution; Transportation; Metals and Carbon Products; Bauxite and Alumina; Cans. William F. (Bill) Oplinger is Executive Vice President and Chief Operations Officer of Alcoa, responsible for the daily operations of the Companys global bauxite, alumina, and aluminum assets. Initially, the new company supplied lead and tin foil wrappers to cigarette and candy companies. 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. Late in the 1980s the company introduced a line of colored plastic wraps and resealable plastic bags. Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. Aluminum is an essential element in powering a global, sustainable economy. In 1928, Reynolds purchased Robertshaw Thermostat, Fulton Sylphon, and part of Beechnut Foil, adding them to U.S. Foil to create Reynolds Metals. The material was moved manually from one floor to another before the finished product was ready for shipment. Modernization of its plants continued with the construction of a new 120-metric-ton-per-year facility at the company's Baie Comeau, Quebec, smelter, along with expansion and modernization of other company plants in Western Australia, Texas, and Louisiana. The beverage can with the stay-on, pull-top tab was well received in 1975. She currently serves on the Board of the Public Affairs Council and chairs the Government Affairs Committee for the US Aluminum Association. Sign up for our newsletter to keep reading. The statistics refers to days lost due to workplace injury or illness. Alcoa works with the Pittsburgh Brewing Company to introduce easy-open aluminum pull tabs on cans of Pittsburgh Brewing's Iron City beer. 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. 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. The ads were designed to reinforce the key messages of the global communications materials, boost employee pride and send a message of optimism to Wall Street. In this role, Kelly is responsible for leading the commercial function including sales and trading, marketing, supply chain, commercial operations, and procurement. Today, Alcoa is part of both the World and North American DJSI Indexes. The company is first incorporated as The Pittsburgh Reduction Company and opens a pilot production facility on Smallman Street. %%EOF Major hazardous substances of concern include polyaromatic hydrocarbons (PAHs), aluminum, cyanide, fluoride, and polychlorinated biphenyls (PCBs) from electrical equipment. Aluminum is infinitely recyclable, and recycling uses 95% less energy than it takes to make aluminum from raw ore. Alcoa expands the Sustana line of products with the introduction of EcoSource, the industrys first low-carbon, smelter-grade alumina brand. The plant covered 80 acres, surrounded by 700 acres which was also owned by the Reynolds Metals Company. Alcoa purchased Reynolds in 2000 and briefly reopened, then announced in February 2002, that . Sonya joined Alcoa in 1989 and held roles of increasing responsibility in communications, marketing, and government affairs. ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) You will be charged Contact info: george.cain@alcoa.com 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 . Found 91 colleagues at Reynolds Metals Co Inc. The entire project includes work on 57 poles, some of which have deteriorated, Dietz said.