McCook alleged that Alcoa interfered with McCook's customer contracts and prospective business advantage in violation of state law, that Alcoa monopolized the . In addition, the company has a metal supply system with operations in bauxite mining, alumina refining, and primary and reclaimed aluminum production. Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but the wait does not prevent the site from being developed or leased today. Alcoa Corporation Reynolds Metals Company appeals from a class-certification order obtained by the plaintiffs in this case, who are former salaried employees of Reynolds ("the plaintiff employees"). The plant covered 80 acres, surrounded by 700 acres which was also owned by the Reynolds Metals Company. Reynolds then resumed marketing the facility. From June 2014 to October 2015, Roy was Executive Vice President, Human Resources, Environment, Health & Safety and Sustainability. Other RMC-related contaminants that were found in the St. Lawrence River sediment included aluminum, furans, and polyaromatic hydrocarbons (PAHs). You did a masterful job of coordinating this project and have been a major contributor throughout. At Alcoa, we believe our legacy is our call to action. Employees: 126,700. 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 . As Director of Marketing, she was responsible for global branding and leading the development of marketing communication strategies for Alcoas markets and businesses. 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. In fact, the company recorded annual sales of $13 million in 1930 and moved its corporate headquarters to New York City. East Plant 50th Anniversary Reynolds 1959-Alcoa 2009 June 14, 1957 Ground is broken for the Reynolds Metals Company St. Lawrence Reduction Plant. Prior to the separation of Alcoa Inc. into two companies, Molly was Director, Global Shared Services Strategy and Solutions. Reynolds, Jr. brought in a financial consulting firm to streamline operations. The company borrowed $15 million and began construction on its first smelting facility, located at Sheffield, Alabama. 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. Reynolds Metals Company leased the plant in June 1946, and purchased it in June 1949. Printed materials were also available on a CD ROM in any of 11 languages. From 2008 to 2010, he was General Counsel of Alcoa of Australia located in Perth, Australia. %PDF-1.6 % 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 . Employee concerns and questions were anticipated and answered by key communicators or via e-mail19 advertisements in local newspapers delivered messages to residents in plant communities. HAL. Objective 2 - Communicate value and benefits of merger to both internal and external stakeholders. In this role, he oversaw extensive restructuring of the upstream business with an emphasis on optimizing the groups centers of excellence (COEs), including the launch of the mining COE. Reynolds borrowed $100,000 and in 1919 he purchased a small, one-story building in Louisville, Kentucky, and founded the United States Foil Company (U.S. Foil). [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]. Prior to assuming her current position in February 2023, Molly was Senior Vice President and Controller for Alcoa Corporation, responsible for the Financial Accounting, Financial Planning & Analysis, and Country Controllership teams from November 2019 to February 2023. The Reynolds Metals site was the location of a primary aluminum reduction plant where alumina from bauxite ore was converted to aluminum. Molly is a certified public accountant and began her career with the Pittsburgh office of Deloitte. More than 5 million people in 56 markets heard the news through the VNR broadcast. In addition to his business unit counseling roles, Jeff has provided legal counsel in the mergers and acquisitions area for transactions across Alcoas portfolio of businesses. Alcoa's largest acquisition to date was in 2000, when it acquired Reynolds Metals for $4.5B. 3 aluminum maker. Bill serves on the Board of Directors of the National Association of Manufacturers, the largest industrial trade association in the U.S. and the nations most influential advocate for manufacturing. Find out what works well at Reynolds Metals/Alcoa from the people who know best. Known officially since 1907 as The Aluminum Company of America, the company decides it's time for a name that reflects its status as a global company. filed: july 15, 1949 collapsible cartons customarily made of aluminum 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. The Reynolds Metals Company facility in Troutdale, Oregon, was a primary aluminum reduction plant. It will serve as the companys headquarters for more than 40 years. 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. . According to the SRMT, Akwesasne has a population of 12,400 people and covers a land area of approximately 16,640 square acres, which includes wetlands, agricultural land, woodlands, and light commercial development. He has deep experience leading Alcoas finance function, having overseen for treasury, pension, tax, controllership, financial planning and analysis, audit, investor relations and transformation. Alcoa works with Pittsburgh Brewing's iconic Iron City Beer brand to launch the first aluminum bottle to the North American beer industry. In 1940 Reynolds Metals began mining bauxite (aluminum ore) in Bauxite, Arkansas and opened its first aluminum plant near Sheffield, Alabama, the following year. US District Court for the Northern District of Indiana - 457 F. Supp. In 2016, she returned to Alcoa Inc. in a consulting role to the Finance Department related to the separation transaction. The Massena plant was an outgrowth of RMC's 1940 decision to become . . Its RV Aluminaut submarine was operated by Reynolds Submarine Services Corporation.[4]. More than 5 million people in 56 markets heard the news through the VNR broadcast.More than 9 million readers saw advertisements in the Wall St Journal, USA Today and other media.No matter how many balls I tossed into the air, they were always caught. In 1946, the company leased, then purchased six government-owned production plants, and by doing so doubled its production capacity. From November 2016 to February 2023, Bill was Executive Vice President and Chief Financial Officer of the Company. 19 advertisements in local newspapers delivered messages to residents in plant communities. in tight supply, and the price has nearly doubled since last year. Reynolds ceased operations in 2000, and the facility is currently owned by ALCOA. History; Headquarters; Consumer products; References; Further reading; External links The Reynolds Metals Company International Headquarters is an International Style building complex set in a composed landscape near Richmond, Virginia, completed in 1958. . It has received a great deal of praise for its recycling philosophy. 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. 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. aluminum concern, cleared U.S. and European antitrust hurdles and completed An attempt to increase production capacities by 20 percent cost Reynolds an estimated $650 million in the mid-1960s. Aluminum bottles are unbreakable, keep beer colder longer, look better and recycle better than glass containers. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. under which this service is provided to you. Prior to this role, he served as Chief Financial Officer, GPP. 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. and/or its affiliates. Metals 1000683 American Standard Manufacturing Co. Chicago. We are delighted that you'd like to resume your subscription. Alcoa Inc., the world's largest aluminum concern, cleared U.S. and European antitrust hurdles and completed its acquisition of Reynolds Metals Co., the world's third-largest aluminum company, in a . 12/31/1982. The Foundation will play a significant role in strengthening sustainability in Alcoa communities worldwide. He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. Uncover why Reynolds Metals/Alcoa is the best company for you. As consumers, we often take for granted all the hard work that goes into building a great company. 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. He was 96 . Reynolds/Alcoa will begin negotiations for consent decree with EPA and DEQ in January 2007. Around this time, 30,000 workers were employed by Reynolds Metals. 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. Gaines said more structures are slated for demolition on the Northwest Alloys site than will remain on the 510 acres. . Alcoa's growing influence in the aluminum industry. 2021 In 1970 the first all-aluminum automobile engine block was introduced. Today, we are the right company at the right time. Northwest Alloys. Alcoa charters a new development organization: Alcoa Foundation. Kristin Gaines, Western U.S. director of transformation for Alcoa, said she is hopeful cleanup will start in 2023, but . Tammi joined Alcoa Inc. in 2006 as HR Director, UK & Ireland for the Building & Construction Systems business and has served in a variety of HR positions over the course of her Alcoa career, including HR Director, Europe Building & Construction, HR Director for Alcoa Wheels and Transportation Products, and HR Director, Aluminum. In 1990 Reynolds recycled 438 million pounds of consumer-generated aluminum scrap, paying out $123 million to the recycling public.
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