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 Metal Company was a prominent American producer of aluminum, founded in 1919 by Richard S. Reynolds, Sr. 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. Roy joined Alcoa in 2002 as a business analyst for GPP in Knoxville, Tennessee. Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982. He was 96 . By 1988 Reynolds had cut the number of employees by one-third and reduced by almost 25 percent its production costs, reversing the drain on company profits. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 Other RMC-related contaminants that were found in the St. Lawrence River sediment included aluminum, furans, and polyaromatic hydrocarbons (PAHs). Aluminum production resumed from 1998 to 2000. . Reynolds Wrap was first made by a Reynolds Metals Company division, Reynolds Packaging, a business created to supply aluminum foil for packaging tobacco. Get up-to-the-minute news sent straight to your device. Reynolds built the company's first aluminum foil plant and rolling mill in Louisville, and the Reynolds Metals Company was formed. Gaines said more structures are slated for demolition on the Northwest Alloys site than will remain on the 510 acres. 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. Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but . The PR industrys most comprehensive listing of firms from every region and specialty. Disappointing sales in 1996, due to low aluminum prices and lower demand for some of its products, led to yet another company restructuring. 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. By using its well-established marketing, sales, and distribution organizations, Reynolds was able to add new products without increasing employment. 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. 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. Around this time, 30,000 workers were employed by Reynolds Metals. Just hours after three foreign rivals announced a $9 billion deal to form the world's largest aluminum company, industry leader Alcoa Inc. went public with an offer to buy Richmond-based Reynolds . Later, the company produced aluminum vehicle parts and hull submarines. Texas refinery. Though he failed in his effort to buy the company, losing out to metals giant Alcoa Inc., Lynch is back in the news again. The 1,600-acre facility is bordered on the north by the St. Lawrence River and on the south by the Raquette River. $ + tax The U.S. Department of Justice and the European Commission approved the From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. [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]. The company also acquired a bauxite mining operation in Arkansas to help feed the smelters. 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. I am very grateful for your help.-- Gary Biviano, VP/Lead on the Alcoa/Reynolds Merger Communications Team. billion deal. . Like most U.S. industrial giants, Reynolds lost sales in the recession of the early 1980s. Prior to the separation of Alcoa Inc. into two separate companies in 2016, Renato was Assistant Treasurer of Alcoa. 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. Earlier, she served as Director, Organizational Effectiveness, developing comprehensive organizational change strategies to enable successful execution of the business strategy and change programs. Salaried employees have since received pay adjustments. 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. He believed new aluminum-producing facilities would need to be built to meet demand. During its operation, various types of industrial waste were disposed of throughout the Reynolds facility. 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. Control of the company was still held by the Reynolds family. In this capacity, he has advised on a variety of acquisition, divestiture and greenfield development projects, including the divestiture of the global Alcoa World Chemicals business segment, and the negotiation of development projects with the governments of Iceland, Ghana and Suriname. Tammi is also a member of the Alcoa Executive Team, responsible for setting the strategic direction for the Company. As a leader in consumer aluminum recycling, Reynolds distributes aluminum and stainless steel mill products through a nationwide network of metal service centers. He is also a Director of Alcoa Corporation. 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 . In addition to its capital investment program, the company expanded its research-and-development efforts. Come for the cinnamon rolls, but stay for the peanut butter cookies, salted caramel apple cupcakes and more. Aluminum is an essential element in powering a global, sustainable economy. Prior to Vista Metals, Kelly served as Chief Operating Officer of Electronic Recyclers International (ERI), responsible for leading operations, procurement, and logistics and providing strategic direction and tactical oversight to eight operating plants. In early 2010 all pay was unfrozen. He earned a bachelors degree in Industrial Engineering and Operations Research from Virginia Tech and a Master of Science with honors in Industrial Administration from Carnegie Mellon University. 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. During the same year, Alcoa gains approval to globally market and sell sustainably produced products with certifications from the Aluminium Stewardship Initiative. Reynolds used the plant to cast ingots from molten aluminum imported from another plant from 1992 to 1998. The former RMC facility, which is not part of the site, was addressed under New York state authorities. [3] and/or its affiliates. Their plan did not work. . An aluminum smelter and cable mill ran on the property for almost 60 years, leaving contaminants like fluoride and cyanide in the soil, the state says. Find company research, competitor information, contact details & financial data for Reynolds Metals Company, LLC of New York, NY. That company went on to be known as Alcoa. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. 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. 700 0 obj <>stream 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. 2021 American Smelting & Refining Co. (Federal Metals Division) Newark. HAL. It has also divested 22 assets. In this role, Jeff has overall responsibility for Alcoas legal, compliance, and governance matters globally. 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. Ancient Antioch Survived Many Disasters in Its 2,400 YearsTurkeys Earthquake Obliterated It, How Gas From Texas Becomes Cooking Fuel in France, Opinion: Common Sense Points to a Lab Leak, Opinion: Yes, Theres a Housing Crisis. Featuring an all-aluminum exterior and many other innovative architectural elements, the Alcoa Building in Downtown Pittsburgh is completed. 1919 - 2000. By providing your email address, you are providing consent to Alcoa to send you the requested Investor Email Alert updates. 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. alumina refineries. Reynolds Metals was acquired by Alcoa in June 2000. Free and open company data on Delaware (US) company REYNOLDS METALS COMPANY, LLC (company number 240111) Learn how to leverage transparent company data at scale. One market that did show promise, though, was bridge deck replacement, and in 1996 Reynolds renovated the Corbin suspension bridge in Huntingdon County, Pennsylvania. In 1976 David P. Reynolds, also known for his involvement in Thoroughbred horse racing, took over as president. In this role, Sonya is responsible for global government affairs, community relations, communications, and sustainability in support of the Companys strategic priorities. Thatcher Trucking Co. Tanker Truck Accident Hydrochloric Acid Spill, Brio Refining Inc. and Dixie Oil Processors Inc. NPL Sites, Chevron/Former Gulf Oil Refinery Port Arthur Waste Site, Wayne Reclamation & Recycling/Wayne Waste Oil Site. The worlds first flying machine is powered by an aluminum heart made from Alcoas new metal. Reynolds says that in December 1997, the federal government halted the sale of the Alloys facility to Alcoa. Active worldwide in all major elements of the industry, Alcoa's operations . AZ USA. US District Court for the Northern District of Indiana - 457 F. Supp. Today the company is the world's third largest aluminum and packaging company. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public. In line with its commitment to recycling, Reynolds set a long-term goal of recycling more plastics each year than it produces. You did a masterful job of coordinating this project and have been a major contributor throughout. Its a WrapFull-page advertisements celebrating the merger were placed in media outlets that would reach analysts, investors, shareholders and employees, including The New York Timesand The Wall Street Journal. Alcoa Recycling Company is incorporated to support the companys goal of enhancing sustainability by increasing its recycling activity. [8] In 1969, Aluminaut rescued Alvin (DSV-2). Reynolds fortunes were greatly improved by the discovery of gold at one of the company's bauxite properties in Australia in 1986. Reynolds, Jr. had previously founded a stock-brokerage firm that would later become Reynolds Securities, which eventually merged with Dean Witter. Reynolds deduced that Germany was preparing for war, with a massive production effort in aluminum sheet used to build military airplanes. Reynolds's research had helped develop technology for the manufacture of aluminum automobile drive shafts and radiators. Molly Beerman is Executive Vice President and Chief Financial Officer. Alvin's work continues 45 years later. Chat Now Send Inquiry; . Today, we are the right company at the right time. Reynolds Metals Company leased, and later bought, six government defense plants that were up for disposal. The average employee at Reynolds Metals Company makes $53,535 per year. 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. Permits to start clearing contaminated soil along Industrial Way in Longview could be secured this summer, with cleanup starting in 2023, officials say. 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. Kelly began her aluminum career at Reynolds Metals in 1999, later acquired by Alcoa Inc. [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. Reynolds Group Holdings is 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. In 2019, Renato completed the Advanced Management Program 196 at Harvard University. Today, the Hall-Hroult Process is the one method by which every aluminum producer in the world operates. The company began producing aluminum foil for packaging in 1926. Molly obtained a BS degree in Business Administration, Accounting from Duquesne University in Pittsburgh. ALCOA Benefits Resources (ALCOA4U Service) or 1-844-312-5262. [5], Reynolds Consumer Products went public with an initial public offering on NASDAQ under the ticker symbol REYN on Friday, January 31, 2020. its acquisition of Reynolds In addition, Bill previously held key corporate financial positions in Financial Analysis & Planning and as Director of Investor Relations. 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. Prior to joining Alcoa, Kelly was with Vista Metals Corp, as the Vice President, Finance. 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. As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. 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. Aluminaut's assistance enabled Woods Hole Oceanographic Institution to continue operating its submersible. Alcoa's largest acquisition to date was in 2000, when it acquired Reynolds Metals for $4.5B. Reynolds closed the 1950s with a move to a new, modern corporate headquarters in suburban Richmond, Virginia. Alcoa moved its global headquarters and principal executive office to its existing office location in Pittsburgh. The material was moved manually from one floor to another before the finished product was ready for shipment. With Audi's all-aluminum A8, aluminum reaches its full potential to reduce weight, reduce emissions and boost performance. 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. From November 2016 to November 2019, Renato was Vice President and Treasurer. A total of 4 acquisitions came from private equity firms. Reynolds was the last member of his family to lead Reynolds Metals, which was founded in 1919 by his father, Richard S. Reynolds Sr., and grew to become the nation's second-largest aluminum manufacturer behind Alcoa. Alcoa has acquired 25 companies. The Massena plant was an outgrowth of RMC's 1940 decision to become . An attempt to increase production capacities by 20 percent cost Reynolds an estimated $650 million in the mid-1960s. aluminum concern, cleared U.S. and European antitrust hurdles and completed Impressive as the wartime figures were, they were dwarfed by postwar demand for aluminum. 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? . The 1,600-acre former Reynolds Metals Facility is located on the St. Lawrence River, approximately eight miles east of the village of Massena, New York. Privacy Policy. Half the land will be preserved as open space. 19. He has deep experience leading Alcoas finance function, having overseen for treasury, pension, tax, controllership, financial planning and analysis, audit, investor relations and transformation. She also established the Companys privacy office in response to the implementation of GDPR. The company continued to offer new products to the marketplace. Aug. 31, 2011. 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. We open a world of design possibilities with aluminum . She currently serves on the Board of the Public Affairs Council and chairs the Government Affairs Committee for the US Aluminum Association. 804-281-2000. Led by legendary CEO Paul ONeill, Alcoa launches best-in-class safety effort aimed at zero workplace injuries. You can enable targeting cookies on our Cookie Policy page. At the time, most foil was manufactured in tall, multi-storied buildings. 3/1/1942. Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. She also served as Director, Global Procurement Center of Excellence and earlier was Manager, North America Financial Accounting Services. Learn more about the Foundation. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. It has received a great deal of praise for its recycling philosophy. Inc., the world's largest Plagued by cost overruns and delays, by the time the project was finished demand for aluminum had leveled off. By 1990, the company included production plants throughout the country including a facility in Washington and mining operations throughout the world. Reynolds recognized the advantages of using lighter-weight, less-expensive aluminum foil. 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. Principal Operating Units: Packaging and Consumer Products; Construction and Distribution; Transportation; Metals and Carbon Products; Bauxite and Alumina; Cans. We are delighted that you'd like to resume your subscription.