258:, the following year. In 1947, the company released Reynolds Wrap Aluminum Foil. Reynolds Metals pioneered the development of aluminum siding in 1945, and Richard S. Reynolds began predicting a growing demand for additional aluminum during peacetime. He believed new aluminum-producing facilities would need to be built to meet demand. Reynolds Metals Company leased, and later bought, six government defense plants that were up for disposal. Reynolds later expanded into non aluminum products such as plastics and precious metals, introducing Reynolds Plastic Wrap in 1982.
335:
Louisville, Kentucky, where
Reynolds Wrap first was produced. 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. Hart later closed five other plants within Reynolds. As a reflection of the recessionary times, salaries were frozen and salaried employees were not given pay raises. Union employees with fixed compensation contracts did receive incentive compensation. In early 2010 all pay was unfrozen. Salaried employees have since received pay adjustments.
402:. When Alcoa purchased Reynolds Metals, it shed some non-metals packaging and printing businesses but preserved the Reynolds consumer brand, as well as the Reynolds Kitchens, which are still across the street from the former Reynolds headquarters building. Alcoa's Reynolds division was a leader in household baking and cooking products, which included Cut-Rite Wax Paper.
262:
Reynolds advertised aluminum for its multi-faceted property, now reaching areas of fashion, home improvement, and architecture. 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.
261:
After the Second World War, the sense of aluminum's utility expanded to include its ornamental characteristics. By repurposing military by-products into consumer goods, aluminum was now being marketed for its decorative appeal as well, creating a product of both functional and eye-catching qualities.
416:
In 1958, the company launched the "Designs for Giving" campaign, in which professional artists and designers were hired to create special patterns for aluminum gift wrapping. Designs included "Birds and Bees" for baby showers, "Born Lucky, Born Rich" for birthdays, and "Flight of Fancy" for weddings
334:
In an initiative led by Paul D. Thomas, Reynolds
Packaging Group chief executive officer and a former Alcoa executive, on September 21, 2008, Reynolds announced that one of the foil plants that produced Reynolds Wrap, in downtown Richmond, Virginia, would be closed and foil operations moved to
273:, and J. Louis Reynolds, were all part of the running of the business. 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
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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. The company was acquired by
292:, a 12-foot aluminum utility boat, and other aluminum motor vehicles., The aluminum vehicles were surpassed in weight and cost by steel, plastics and fiberglass. However, when Reynolds Metals developed the world's first aluminum submarine, the
223:, which were wrapped in foil. In 1928, Reynolds purchased Robertshaw Thermostat, Fulton Sylphon, and part of Beechnut Foil, adding them to U.S. Foil to create Reynolds Metals. In 1931, the company moved its headquarters to
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Reynolds Metals developed other, less well-known products; not all became commercially viable, such as an aluminum bus developed with
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499:"Pactiv Evergreen Inc. (Currently Known as Reynolds Group Holdings Limited) Announces Launch of Initial Public Offering"
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367:. During its use by Reynolds, the Executive Office Building was known as Reynolds EXO. In 2000, it was named to the
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was first made by a
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to continue operating its submersible. Alvin's work continues 45 years later.
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on May 3, 2000, to become the largest aluminum company in the United States.
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Properties are generally eligible for inclusion 50 years after construction.
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The
Reynolds Metals Company was founded in 1919 as the U.S. Foil Company in
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foil, as well as for developing and promoting new uses for aluminum. Its RV
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Reynolds Group
Holdings became Pactiv Evergreen through an IPO in 2020.
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for packaging in 1926. Reynolds Metals created the first high-speed,
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submarine was operated by
Reynolds Submarine Services Corporation.
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Referenceforbusiness.com: History of the
Reynolds Metals Company
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281:. In 1976 David P. Reynolds, also known for his involvement in
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Four sons of founder
Richard S. Reynolds, William G. Reynolds,
800:"Reynolds shakes off market jitters with year's first big IPO"
413:(1954) in an attempt to promote the sales of Reynolds Wrap.
375:, down to threads in the carpeting, it is now owned by the
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under the ticker symbol REYN on Friday, January 31, 2020.
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Non-renewable resource companies disestablished in 2000
772:"How a Downington Printing Plan Failed after 50 Years"
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Reynolds Metals became known for the consumer product
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On
January 21, 2008, Alcoa sold its consumer unit to
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552:"Wrapping Aluminum at the Reynolds Metals Company"
345:Reynolds Metals Company International Headquarters
197:Reynolds Metals Company International Headquarters
188:It was headquartered for most of its existence in
152:–based packaging company with roots in the former
1074:Defunct manufacturing companies based in Virginia
830:Opportunity in Crisis: The Reynolds Metals Story
423:went public with an initial public offering on
1029:Manufacturing companies disestablished in 2000
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479:"European Commission OKs Alcoa-Reynolds deal"
246:paper. In 1940, Reynolds Metals began mining
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379:and serves as the worldwide headquarters of
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327:. Rank's owner, New Zealand billionaire
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701:"Alcoa sells consumer division to Rank"
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982:(former Alcoa corporate headquarters)
798:Franklin, Joshua (January 30, 2020).
405:Reynolds published cookbooks such as
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770:Von Bergen, Jane M. (May 24, 2009).
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310:Woods Hole Oceanographic Institution
55:Reynolds Metal Company (acquired by
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355:. Built 66 years ago, it is a
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1049:2000 disestablishments in Virginia
699:Smith, Peter (December 23, 2007).
524:"Historic Naval Ships Association"
407:Outdoor Cooking with Reynolds Wrap
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913:Alcoa World Alumina and Chemicals
644:"Research vessel to explore deep"
308:. Aluminaut's assistance enabled
568:10.2752/175470812X13361292229113
1044:1919 establishments in Kentucky
1034:History of Louisville, Kentucky
908:Alcoa Tenn Federal Credit Union
156:, which was the second-largest
447:Boselovic, Len (May 4, 2000).
365:Skidmore, Owings & Merrill
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449:"Alcoa-Reynolds a done deal"
234:The company began producing
69:; 105 years ago
621:The Bakersfield Californian
616:"Reynolds Aluminum Boat ad"
27:American aluminium producer
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487:. May 4, 2000. p. B7.
421:Reynolds Consumer Products
103:Reynolds Consumer Products
843:Reynolds Kitchens website
777:The Philadelphia Inquirer
283:Thoroughbred horse racing
215:, nephew of tobacco king
199:was built there in 1958.
349:Henrico County, Virginia
938:Reynolds Group Holdings
550:Ong Yan, Grace (2012).
454:Pittsburgh Post-Gazette
267:Richard S. Reynolds Jr.
213:Richard S. Reynolds Sr.
154:Reynolds Metals Company
146:Reynolds Group Holdings
31:Reynolds Group Holdings
987:United States v. Alcoa
903:Alcoa Power Generating
377:University of Richmond
135:.reynoldsgroupholdings
112:Auckland, New Zealand
624:. September 12, 1947
503:www.businesswire.com
209:Louisville, Kentucky
81:Louisville, Kentucky
954:Charles Martin Hall
596:. December 10, 2016
590:"Reynolds Aluminum"
244:building insulation
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672:"History of Alvin"
649:The New York Times
556:Design and Culture
256:Sheffield, Alabama
250:(aluminum ore) in
229:Richmond, Virginia
190:Richmond, Virginia
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896:Related companies
652:. August 30, 1964
387:Consumer products
271:David P. Reynolds
252:Bauxite, Arkansas
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684:January 13,
656:January 12,
409:(1950) and
343:The former
329:Graeme Hart
279:Philippines
221:Eskimo Pies
150:New Zealand
52:Predecessor
1003:Categories
744:2016-05-21
628:August 17,
600:August 17,
509:2023-01-09
431:References
170:June 2000.
576:112315246
460:April 16,
357:Modernist
300:Aluminaut
295:Aluminaut
275:Venezuela
182:Aluminaut
96:Successor
47:Packaging
373:aluminum
353:Richmond
302:rescued
277:and the
158:aluminum
118:Products
44:Industry
933:Kawneer
918:Arconic
805:Reuters
400:tobacco
351:, near
248:bauxite
240:gravure
203:History
128:Website
88:Defunct
72: (
64:Founded
59:- 2000)
39:Private
947:People
832:(1956)
711:London
574:
425:NASDAQ
192:; the
148:was a
83:, U.S.
1064:Alcoa
889:Alcoa
735:(PDF)
572:S2CID
318:Alcoa
211:, by
166:Alcoa
57:Alcoa
813:2020
785:2020
718:2020
686:2016
658:2016
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602:2020
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137:.com
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