Ethical rating of Reynolds Metals Co. , group ALCOA (Aluminum Company Of America) and subsidiaries Labor 2 Jobs-27% /1998 Pollution 1 Fraud 1 Offshore 8 Sales 31 Bn $. /year Profit 12 Bn $. /1998 Wage 433 *min. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). Before actions were taken to address the contamination in the St. Lawrence River, polychlorinated biphenyls (PCBs) were the primary contaminant found in the St. Lawrence sediment adjacent to the Reynolds facility that could be attributed to the facility. From November 2016 to November 2019, Renato was Vice President and Treasurer. ALCOA CORPORATION (Delaware (US), 10 Mar 2016 - ) %PDF-1.6 % 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. 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. Molly was Vice President and Controller of the Company from December 2016 through October 2019 and was Director, Global Shared Services Strategy and Solutions from November to December 2016. By 1990, the company included production plants throughout the country including a facility in Washington and mining operations throughout the world. 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. The resulting lower manufacturing costs allowed the company to undersell its competitors by several cents per pound, ensuring the company's share of the growing market. Alcoa conducts operations in 10 countries. The worlds first flying machine is powered by an aluminum heart made from Alcoas new metal. This business is working in the following industry: Manufacture of minerals and metals. 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. Reynolds deduced that Germany was preparing for war, with a massive production effort in aluminum sheet used to build military airplanes. Intranet Innovation Ketchum created an Alcoa Intranet site where merger documents, including advertising, were prepared and held ready for last minute changes. The A8's breakthrough is an all-aluminum space frame, designed and built with manufacturing techniques developed by Alcoa. Alcoa expands the Sustana line of products with the introduction of EcoSource, the industrys first low-carbon, smelter-grade alumina brand. [5] Reynolds advertised aluminum for its multi-faceted property, now reaching areas of fashion, home improvement, and architecture. [3] David P. Reynolds, a metals manufacturing executive who helped bring aluminum foil and aluminum beverage cans into the American kitchen, died on Monday in Richmond, Va. 7/21/1945. Reynolds, Jr. brought in a financial consulting firm to streamline operations. 1 Pullman in State semifinals, High School Boys Basketball History: Kobe Parlin sets all-time scoring record for Mark Morris in State quarterfinal win, Renewable fuel faces uncertain future in northern Oregon, Pacific Northwest, NORPAC, WestRock, Castle Rock developers talk updates, Former NFL star Chad Johnson says he saved money by living inside Cincinnati Bengals stadium for 2 years, Talking Business: The Cook's Creations brings treats to Three Rivers Mall, Port finalizes $9M purchase of Skyline Steel building, amends Omega Morgan lease. 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. Chat Now Send Inquiry; . As consumers, we often take for granted all the hard work that goes into building a great company. Compare pay for popular roles and read about the team's work-life balance. The company has developed new process technologies in aluminum-lithium casting, electromagnetic casting, and various techniques in automation. Reynolds Metals became known for the consumer product . With the demand for lighter, more fuel-efficient automobiles, the use of aluminum in U.S. cars was expected to rise during the 1990s. . The following year, Reynolds ventured outside the United States for the first time by opening a foil production plant in Havana. Prior to joining Alcoa, Kelly was with Vista Metals Corp, as the Vice President, Finance. . Reynolds Metals Company was founded in 1919 by R.S. 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. 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. 673 0 obj <> endobj Alcoa Recycling Company is incorporated to support the companys goal of enhancing sustainability by increasing its recycling activity. It's largest disclosed sale occurred in 2001, when it sold Cordant Technologies to Alliant Techsystems . 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. The most common ethnicity at Reynolds Metals Company is White (65%). Customer Service. 12/31/1982. In 1970 the first all-aluminum automobile engine block was introduced. Morningstar, Inc. All Rights Reserved. Large quantities of wastes were generated by the plant during the production of aluminum. Jeff also served as the Secretary of Alcoa Corporation from November 2016 through December 2019. As demand for the new metal grows, Alcoa moves its operations from Pittsburgh to nearby New Kensington, where it scales up to produce aluminum ingots as well as fabricated aluminum products. Prior to assuming this role, Jeff was Group Counsel for Alcoa Global Primary Products from 2010 to 2014. Other end-uses for Reynolds products are aluminum beverage cans, flexible and foodservice packaging, consumer home food managment, transportation, building, and construction. The Port, which had spent years lobbying Reynolds and Alcoa to start the cleanup quickly, bought the 700-acre site from Alcoa for $17.3 million. Metals/mining Company. [5], Reynolds Consumer Products went public with an initial public offering on NASDAQ under the ticker symbol REYN on Friday, January 31, 2020. Finally, we can read about how these great companies came about with Company Histories.. Found 91 colleagues at Reynolds Metals Co Inc. Site by, Individual Residential Alternatives (IRA), Office of Emergency Management and Safety, Natural Resource Damage Assessment (NRDA), St. Lawrence River Area of Concern at Massena/Akwesasne, Alcoholism/Chemical Dependency Program (A/CDP), Let's Get Healthy - Diabetes Center for Excellence, Mental Health - Kanikonri:ihne (Good Mind Counseling), Home Improvement Supplement Program (HIP), USEPA Fourth Five-Year Review Report for Reynolds Metals Company - St. Lawrence County, NY - 2021, USEPA Third Five-Year Review Report for Reynolds Metals Company - St. Lawrence County, NY - 2016, USEPA Second Five-Year Review Report for Reynolds Metals Company, St. Lawrence County, NY - 2011, Explanation of Significant Differences for the Reynolds Metals Superfund Site (USEPA - 2008), Long Term Monitoring Report Conducted Post-Remedy (Arcadis 2010-2019), USEPA First Five-Year Review Report for Reynolds Metals Company - St. Lawrence County, NY - 2006, USEPA - Reynolds Metals Superfund website. In this role, Kelly is responsible for leading the commercial function including sales and trading, marketing, supply chain, commercial operations, and procurement. Kelly began her aluminum career at Reynolds . She returned to Alcoa Inc. in 2001 as Director of Marketing Communications for Alcoa Fujikura Ltd. and oversaw branding, advertising and promotion. Jeff joined Alcoa in 1998 as Associate Counsel in the company's Legal Department in Pittsburgh. Alcoa's growing influence in the aluminum industry. 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 recognized the advantages of using lighter-weight, less-expensive aluminum foil. hb```f``d$30 P(q4$@6gFU+ This merger led . In addition, the company has a metal supply system with operations in bauxite mining, alumina refining, and primary and reclaimed aluminum production. Reynolds' Metals was acquired by Alcoa in 2000, and the 35-acre former headquarters campus and buildings were picked up by the University of Richmond in 2001 for a mere $8 million. In 1976 David P. Reynolds, also known for his involvement in Thoroughbred horse racing, took over as president. lifetime. NSNfulfillment.com is owned and operated by ASAP Semiconductor, an AS9120B, ISO 9001: . CA USA. Alcoa is selected as a component of the Dow Jones Sustainability Index, one of the most highly recognized and long-standing global sustainability indexes. Create an Account and Draft a QDRO for This Plan. It also ushers in a new era of high-rise buildings clad in Alcoa aluminum. Alcoa's common stock is listed on the New York Curb Exchange, forerunner of the American Stock Exchange. Reynolds chose the location because of the abundant supply of competitively-priced hydropower and next-door customer General Motors. Our strategic priorities of Reduce Complexity, Drive Returns and Advance Sustainably have made Alcoa a strong company, allowing us to succeed throughout the commodity cycles and innovate for a sustainable future. Get all the articles, experts, jobs, and insights you need. 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. A total of 4 acquisitions came from private equity firms. Alcoa Inc reaches definitive merger agreement with Reynolds Metals Co, in relatively swift negotiations that leave some Reynolds shareholders grumbling; in all-stock deal, Reynolds' shareholders . 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? She also served as Director, Global Procurement Center of Excellence and earlier was Manager, North America Financial Accounting Services. 12% of Reynolds Metals Company employees are Hispanic or Latino. Printed materials were also available on a CD ROM in any of 11 languages. Renato is a member of the Alcoa Executive Team, which sets strategic direction for the Company. [3], Reynolds Metals became known for the consumer product Reynolds Wrap foil, as well as for developing and promoting new uses for aluminum. Everyone enjoyed reviewing these reminders from our past and generated good conversation. Alcoa will have to sell Reynolds's research had helped develop technology for the manufacture of aluminum automobile drive shafts and radiators. 13% of Reynolds Metals Company employees are Black or African American. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Led by legendary CEO Paul ONeill, Alcoa launches best-in-class safety effort aimed at zero workplace injuries. At one time, the plant employed more than 300 . The company was founded by R.S. As Reynolds Metals entered the 1990s, the company was in the best financial condition in its history. learn how over 7,000 companies got started! Northwest Alloys. Union employees with fixed compensation contracts did receive incentive compensation. Sonya is a member of the Alcoa Executive Team, which sets strategic direction for the Company. 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. United States of America, Executive Vice President and Chief Financial Officer, Executive Vice President and Chief Strategy & Innovation Officer, Executive Vice President and Chief External Affairs Officer, Executive Vice President and General Counsel, Executive Vice President and Chief Human Resources Officer, Executive Vice President and Chief Operations Officer, Executive Vice President and Chief Commercial Officer, Lauder Institute International MBA program. Reynolds Wrap, the company's well-known household aluminum foil, was introduced in 1947. Over the course of his Alcoa career, Jeff has served as business unit counsel for several businesses within the Global Primary Products group, including the former Alcoa World Chemicals business and the Alcoa World Alumina-Atlantic refining business. All the lifting and transferring of raw materials was a costly and inefficient way to manufacture foil. The company began producing aluminum foil for packaging in 1926. 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. Alcoa is an international aluminum company with operations in multiple countries and U.S .