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The company was acquired by Alcoa on May 3, 2000, to become the largest aluminum company in the United States. [1] [2] On January 21, 2008, Alcoa sold its consumer unit to Rank Group Ltd. Rank's owner, New Zealand billionaire Graeme Hart, renamed Alcoa's former unit the Reynolds Packaging Group. Hart merged his other packaging companies into ...
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Alcoa had a smelting plant in Badin, North Carolina from 1917 to 2007 and continued a hydroelectric power operation there until February 1, 2017, when the Yadkin Hydroelectric Project was sold to Cube Hydro. [66] Alcoa also operates an aluminum smelting plant of similar size to the one in Tennessee in Warrick County, Indiana, just east of Newburgh.
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The company was operated as a subsidiary of the Aluminum Ore Company, which was itself a subsidiary of the Aluminum Company of America (Alcoa), to serve the Bayer process bauxite-to-alumina refinery at Alorton, Illinois. Alcoa sold the line to the Missouri Pacific Railroad and Chicago and North Western Railway (CNW) in 1968, [1] and it was ...
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The FTC and Illinois alleged the practices violated federal and state law. (Reporting by Jody Godoy in New York; Edited by Chizu Nomiyama) Show comments. Advertisement. Advertisement.