He has also held major assignments in the GPP business, including Controller and Operational Excellence Director. 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 Company serves customers in the aluminum fabricating, packaging and consumer, commercial construction, distribution, and . (if applicable) for The Wall Street Journal. 13% of Reynolds Metals Company employees are Black or African American. 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. 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. 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. Gaines said Northwest Alloys is keeping its critical infrastructure around areas like its road sand dock, as well as rail loading and unloading areas and storage silos. Inc., the world's largest Principal Operating Units: Packaging and Consumer Products; Construction and Distribution; Transportation; Metals and Carbon Products; Bauxite and Alumina; Cans. RMC, under a Consent Order with NYSDEC, agreed to investigate the contamination at the facility; this investigation excluded the St. Lawrence River. Prior to the separation of Alcoa Inc. into two separate companies, he was Executive Vice President and President of Alcoa's Global Primary Products (GPP) business from October 2015 to November 2016. In addition to its capital investment program, the company expanded its research-and-development efforts. endstream endobj startxref Alcoa . Alcoa's common stock is listed on the New York Curb Exchange, forerunner of the American Stock Exchange. The Reynolds Metal Company was a prominent American producer of aluminum, founded in 1919 by Richard S. Reynolds, Sr. In 2000, Reynolds was purchased by Alcoa. All rights reserved. Reynolds, Jr. had previously founded a stock-brokerage firm that would later become Reynolds Securities, which eventually merged with Dean Witter. 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. Reynolds Metals Co., 1991. Reynolds Metals Co. on Thursday accepted a sweetened $4.4-billion, all-stock bid from Alcoa Inc., the world's top aluminum producer, swiftly ending a hostile takeover in the long-depressed industry. Reynolds Group Holdings become Pactiv Evergreen through an IPO in 2020. With the demand for lighter, more fuel-efficient automobiles, the use of aluminum in U.S. cars was expected to rise during the 1990s. In 2010, he was named Corporate Finance Manager in Sao Paulo, leading the corporate controllership, corporate treasury, capital expenditure and internal control areas for Latin America and Caribbean region. Roy has served as Alcoas Chief Executive Officer since November 2016 and took on the additional role of President in May 2017. ALCOA absorbed the assets of Reynolds Metals in 2000, but the Massena plant remained operational until March 2014. hUK0+>VvIJJC UAzaxO}&db2j& )y:@{|=2Y$mWv1GyV ;yFvgb ,_c&OdgWl3L/9m6-UYicTIF`(* g`2dPnN-|j6o#}H Reynolds Metals Co. v. U.S., 389 F. Supp. 2d 692 | Casetext Search Reynolds chose the location because of the abundant supply of competitively-priced hydropower and next-door customer General Motors. Alcoa announced an ambition to achieve net-zero greenhouse gas (GHG) emissions across its global operations by 2050. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 Already a member? He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. After spending several years in the tobacco business working for his uncle, R.S. No, You Cant Build Here. Uncover why Reynolds Metals/Alcoa is the best company for you. Efforts were slated to start in 2019, but the pandemic partly slowed the process, Bennett said. Alcoa Corporation Today, because of innovations like the pull tab, and because of aluminum's recyclability, the canned beverage market is virtually 100% aluminum. [citation needed]. Reynolds Metals was acquired by Alcoa in June 2000. David Reynolds, Leader of Metals Company, Dies at 96 Privacy Policy. It was headquartered for most of its existence in Richmond, Virginia; the Modernist style Reynolds Metals Company International Headquarters was built there in 1958. Discover Alcoan innovations that changed the world. Troutdale Aluminum Plant - The Oregon Encyclopedia Reynolds Metals Company, LLC Company Profile | New York, NY It has received a great deal of praise for its recycling philosophy. It has also divested 22 assets. . 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 . 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. Found 91 colleagues at Reynolds Metals Co Inc. You did a masterful job of coordinating this project and have been a major contributor throughout. 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. In 2007, Renato joined Brazil Treasury, where he designed and implemented the funding strategy for the Alumar expansion and the Juruti mining projects. The Great Depression did not affect the growth of the newly formed company. Texas refinery. Prior to ERI, Kelly worked in the aluminum industry for fifteen years. Copyright (c) 2022 Company-Histories.com. IL. Dating back to 1886, we launched an industry with our world-changing discovery that made aluminum an affordable and vital part of modern life. QDRO Preparation for REYNOLDS METALS COMPANY PENSION PLAN FOR HOURLY Prior to the separation of Alcoa Inc. into two separate companies in 2016, Renato was Assistant Treasurer of Alcoa. Sonya joined Alcoa in 1989 and held roles of increasing responsibility in communications, marketing, and government affairs. Kelly leads customer-focused commercial strategies across the bauxite, alumina, and aluminum markets, as well as Alcoas global procurement function. Cleanup of former Reynolds Metals site in Longview could begin in 2023 Alcoa accepted as a member of the International Council on Mining and Metals (ICMM), an organization focused on enhancing the industrys contribution to society with safe, fair and sustainable practices. The most common ethnicity at Reynolds Metals Company is White (65%). 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 . Reynolds metals company is located in Malvern, Arkansas, and was founded in 2011. Renato serves on the board of directors of The Tull Family Theater, a nonprofit, film-based arts organization in the northwest region of Pittsburgh. In 1970 the first all-aluminum automobile engine block was introduced. The average employee at Reynolds Metals Company makes $53,535 per year. All the lifting and transferring of raw materials was a costly and inefficient way to manufacture foil. 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. As of 1980, the company was recycling almost half the number of cans it produced. Here's a rundown on a combined Alcoa-Reynolds Metals and the terms of Alcoa's agreement with the U.S. Department of Justice. At one time, the plant employed more than 300 . 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. Several members brought Reynolds Metals Company memorabilia to share with attendees. 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. Reynolds also produces plastic products which are primarily used in its packaging and consumer products businesses. Alumina, the basic ingredient used to produce aluminum, is Create an Account and Draft a QDRO for This Plan. As a leader in consumer aluminum recycling, Reynolds distributes aluminum and stainless steel mill products through a nationwide network of metal service centers. %%EOF (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). You will be notified in advance of any changes in rate or terms. 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. 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 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. HAL. FOIL DISTRIBUTING COMPANY (trading name) REYNOLDS ALUMINUM RECYCLING COMPANY (trading name) . In 1931, the company moved its headquarters to New York City and in 1938 the headquarters moved again to Richmond, Virginia. As a leading manufacturer of composite material, pre-painted heavy-gauge aluminum and bonded sheets, we define skylines all over the world with distinctive building faades. 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. Reynolds Metal Company | People | The Collection of Historical 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. Reynolds used the plant to cast ingots from molten aluminum imported from another plant from 1992 to 1998. Alcoa's growing influence in the aluminum industry. Decided: May 10, 2001 Before NIEMEYER, MICHAEL, and MOTZ, Circuit Judges. Alcoa purchased the land from Reynolds Metals that year. Alcoa bought the Reynolds Metals Co. and its Longview aluminum plant, located west of Longview, in 2000. The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Millennium parent company files for Chapter 11, Columbia River site land goes back to Alcoa, State report lists wide price range for cleanup of former Reynolds site, Nebraska cheerleader competes by herself at state competition, but crowd doesn't let her feel alone, UPDATE: Owner of Longview's Grant's at the Monticello Hotel dies, KFC is bringing back a fan favorite after a nearly 10-year hiatus, UPDATE: Grant Hadler's death ruled a homicide; Kelso man arrested on suspicion of manslaughter, Police detain man reportedly threatening to jump off Lewis and Clark Bridge, Body found in river near Castle Rock identified, 2A High School Boys Basketball: Mark Morris going hardware shopping at State after dropping Sehome, Kelso man dies weeks after Lewis River Road accident, Cowlitz County Jail sees more serious suspected offenders, fights in 2023, High School Boys Basketball State Preview: Mark Morris, R.A. 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