Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. With the end of World War II, the company focused its direction on consumer goods and construction. Molly is a seasoned financial executive having worked in strategic positions that require a combination of technical accounting, process improvement and technology expertise. reynolds metal company- Aluminum/Al foil,plate/sheet,aluminum alloy Australia, 50% interest in a refinery in Germany and 100% interest in a In 1994, Reynolds purchased the aluminum and stainless steel products distribution business of Prime Metals. Today, the Hall-Hroult Process is the one method by which every aluminum producer in the world operates. The company recycles more cans than it produces. Alcoa's first aerospace alloy, 2017-T4, is a critical material for building the historic USS Shenandoah rigid airship. The most common ethnicity at Reynolds Metals Company is White (65%). Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. He worked in the energy group, participating in the development of the Alcoa hydroelectric power plants there. The board of directors of Reynolds Metals Co. voted unanimously Sunday to reject Alcoa Inc.'s $5.6 billion offer for the company, but left itself open to a new bid from Alcoa or another suitor. Reynolds developed aluminum siding for the booming postwar housing market. REYNOLDS METALS COMPANY Trademarks :: Justia Trademarks The company also sold its 40 percent interest in Australia's Boddington Gold Mine, but was to exit the gold business altogether the next year. With the demand for lighter, more fuel-efficient automobiles, the use of aluminum in U.S. cars was expected to rise during the 1990s. During its operation, various types of industrial waste were disposed of throughout the Reynolds facility. 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. In 1981, the company expanded its recycling capacity with two more facilities. Trying to buy Reynolds Metals out from under Alcoa. The company was originally founded to produce foil for cigarette packaging. . 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. Reynolds Metals Company, LLC Company Profile | New York, NY In 2000, Reynolds was purchased by Alcoa. Chat Now Send Inquiry; . 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 . NJ USA. Privacy Policy. 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. The former RMC facility . Reynolds also produces plastic products which are primarily used in its packaging and consumer products businesses. 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 . 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. 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. 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. Earlier, Bill served as Chief Financial Officer of GPP. The company was acquired by Alcoa on May 3, 2000 to become the largest aluminum company in the United States. The U.S. Department of Justice and the European Commission approved the Every two weeks, the company had taken 10 percent of . Already a member? A total of 4 acquisitions came from private equity firms. Washington State Department of Ecology spokesman Dave Bennett said the U.S. Army Corps of Engineers could OK cleanup permits in the next few months to clear contaminated soil at Northwest Alloys, the former Reynolds Metals site. Reynolds has been involved in an impressive recycling effort since 1968. Alcoa is an international aluminum company with operations in multiple countries and U.S . Total cost is only $ 299.00. 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 Metals Company -- Company History The company began producing aluminum foil for packaging in 1926. [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. As a leader in consumer aluminum recycling, Reynolds distributes aluminum and stainless steel mill products through a nationwide network of metal service centers. It's largest disclosed sale occurred in 2001, when it sold Cordant Technologies to Alliant Techsystems . 201 Isabella Street If so, just fill out the short Request for Quote (RFQ) form below to get started. In early 2010 all pay was unfrozen. Alcoa purchased Reynolds in 2000 and briefly reopened, then announced in February 2002, that . She is responsible for the Companys finance functions, corporate development, and the global Information Technology and Automated Solutions functions. R.S. The following year, Reynolds ventured outside the United States for the first time by opening a foil production plant in Havana. Prior to the separation of Alcoa Inc. into two independent, publicly-traded companies, Jeff served as Assistant General Counsel for Alcoa Inc. and as an Assistant Officer of the company. As Reynolds Metals entered the 1990s, the company was in the best financial condition in its history. He later moved to Brazil as casthouse manager in the So Luis smelter and then as the plant controller. reynolds metals company trademarks. In line with its commitment to recycling, Reynolds set a long-term goal of recycling more plastics each year than it produces. 804-281-2000. Featuring an all-aluminum exterior and many other innovative architectural elements, the Alcoa Building in Downtown Pittsburgh is completed. Discover Alcoan innovations that changed the world. In addition, the company has a metal supply system with operations in bauxite mining, alumina refining, and primary and reclaimed aluminum production. In 2007, Renato joined Brazil Treasury, where he designed and implemented the funding strategy for the Alumar expansion and the Juruti mining projects. reynolds metals co- Aluminum/Al foil,plate/sheet,aluminum alloy 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. Reynolds Group Holdings - WikiMili, The Best Wikipedia Reader Aluminum is an essential element in powering a global, sustainable economy. Northwest Alloys. Subscribe to our emails. Alumina, the basic ingredient used to produce aluminum, is 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. All times are ET. 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. The Reynolds Metals Company opened its Massena aluminum reduction plant in 1958, on the bank of the St. Lawrence River, near the near the Massena-Cornwall International Bridge. 13% of Reynolds Metals Company employees are Black or African American. $ + tax This merger led . 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. Alcoa Mergers and Acquisitions Summary | Mergr It was in turn leased to Philip Morris USA in 2003 and later joined by parent company Altria in 2008. 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. Reynolds's World War II production was extensive. Content Protected Copyright 2023 NRDAR. Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. HW. 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. The Reynolds Metals Company was founded in 1919 as the U.S. Foil Company in Louisville, Kentucky, by Richard S. Reynolds Sr., nephew of tobacco king R. J. Reynolds. Uncover why Reynolds Metals/Alcoa is the best company for you. In Pittsburgh, Alcoa founder Charles Martin Hall finds experienced, hard-working visionary backers (led by Captain Alfred E. Hunt) for his aluminum reduction (electrolysis) discovery. Aug. 31, 2011. Copyright (c) 2022 Company-Histories.com. 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. [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. Reynolds Metals Superfund Site (Alcoa East) - Saint Regis Mohawk Tribe Aluminum is infinitely recyclable, and recycling uses 95% less energy than it takes to make aluminum from raw ore. Reynolds, nephew of the tabacco giant R. J. Reynolds, in Louisville, Kentucky. 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. What Reynolds' shareholders . During the 1960s the company continued to grow and introduce new all-aluminum products for home and industry. Kelly began her aluminum career at Reynolds . Designs included "Birds and Bees" for baby showers, "Born Lucky, Born Rich" for birthdays, and "Flight of Fancy" for weddings or Christmas. 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. 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. Millennium parent company files for Chapter 11; Columbia River site 22% of Reynolds Metals Company employees are women, while 78% are men. 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 beverage can with the stay-on, pull-top tab was well received in 1975. Alcoa Bids To Buy Reynolds Metals - The Washington Post