InvestSMART

The man behind aluminium packaging

DAVID PARHAM REYNOLDS BUSINESSMAN 16-6-1915 - 29-8-2011
By · 6 Sep 2011
By ·
6 Sep 2011
comments Comments
DAVID PARHAM

REYNOLDS

BUSINESSMAN

16-6-1915 29-8-2011

DAVID Reynolds, a metals manufacturing executive who helped bring aluminium foil and aluminium beverage cans into homes and commercial kitchens around the world, has died at a university medical centre in Richmond, Virginia. He was 96.

He followed his brother, Richard Reynolds, as president, and was the last member of his family to lead Reynolds Metals, which was founded in Louisville, Kentucky, in 1919 by his father, Richard Reynolds snr, and grew to become the second-largest aluminium* (aluminum in the US) manufacturer behind Alcoa in the United States.

Reynolds was sold to Alcoa in 2000, five years after Reynolds stepped down from its board.

Reynolds joined the family business as a salesman out of college in 1937 and began trying to persuade the major St Louis breweries to affix aluminium labels to their beer bottles. Almost 50 years later, at age 71, he retired as Reynolds's chairman and chief executive, positions he held for a decade.

Reynolds oversaw the development of aluminium products for the aerospace, automotive and construction industries. But he was best known for bringing the metal to a mass consumer clientele.

As aluminium sales slowed after World War II, Reynolds and his brothers hoped to avoid a glut by aggressively promoting aluminium's use in consumer goods and packaging.

Aluminium foil had been sold since the 1920s, largely as an industrial product, but Reynolds saw an opportunity for Reynolds Wrap to become a household staple. He developed television commercials to show how aluminium foil could be used in cooking, and he arranged demonstrations to educate consumers on how to wrap leftovers.

"David was really the big pusher of Reynolds Wrap," said Randolph Reynolds, a nephew, who worked at Reynolds Metals for 32 years.

Aluminium beer cans made their debut in the late 1950s, and the Reynolds company was quick to take notice. It began manufacturing 12-ounce (0.45 litre) aluminium cans for the Theodore Hamm Brewing Co. of Minnesota in 1963, and four years later it introduced the first aluminium cans for Pepsi and Diet Pepsi.

Today, more than half of all beverages sold in American supermarkets come in aluminium packaging. This figure is believed to be roughly the same in other developed countries.

"It was very important in helping build the American soft drink business," said John Sicher, the publisher of Beverage Digest. "It provided consumers with a lightweight, low-cost and highly recyclable package."

Reynolds earned a reputation as an environmentalist promoting the re-use of aluminium as a solution to litter and waste. In 1987, he received an award from the organisation Keep America Beautiful for pioneering efforts in recycling.

Reynolds was born in Bristol, Tennessee. He graduated in 1934 from the Lawrenceville School, where he was captain of the football team. Four years later he graduated from Princeton University and joined his three older brothers William, Richard jnr and J. Louis at Reynolds Metals.

Reynolds, who lost an eye playing polo during his junior year at Princeton, owned dozens of thoroughbred racehorses, including Tabasco Cat, who won the 1994 Preakness and Belmont Stakes, the final two legs of US racing's triple crown. Another top sprinter that he bred and owned, Lord Carson, was a multiple stakes race winner who equalled the track record for six furlongs at both Churchill Downs, home of the Kentucky Derby, and Turfway Park, in Florence, Kentucky.

Beyond beverage cans and kitchen wrap, Reynolds promoted the use of aluminium in everyday life and frequently tested ideas on his family. The Reynolds house was outfitted with an aluminium solar-panelled roof an aluminium Christmas tree graced their home during the holidays and the family freezer was stocked with foil-wrapped ice-cream from the Eskimo Pie Co., a subsidiary of the family metals business.

Reynolds even gave his wife aluminium jewellery, something she wore sparingly, preferring more precious metals.

In retirement, he lived at his homes in Richmond, Del Ray Beach, Florida, and Wequetonsing, Michigan.

His wife, Margaret, died in 1992, and he is survived by three daughters, six grandchildren, and nine great-grandchildren.

* Aluminium is the most abundant metal in the earth's crust, and is a major constituent of clays and feldspars. The main commercial ore is bauxite. The metal is resistant to corrosion because of a surface layer of oxide, and its lightness and strength (especially when alloyed) have led to widespread use in domestic utensils, engineering parts, and aircraft construction. Aluminium metal was first prepared by H. C. Oersted in 1825, alumina having been recognised as the oxide of an unknown metal by A. Lavoisier in 1782. Source: Oxford dictionary

Google News
Follow us on Google News
Go to Google News, then click "Follow" button to add us.
Share this article and show your support
Free Membership
Free Membership
InvestSMART
InvestSMART
Keep on reading more articles from InvestSMART. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.

Frequently Asked Questions about this Article…

David Reynolds was the longtime executive and last family leader of Reynolds Metals, a major US aluminium manufacturer. He helped turn aluminium foil and beverage cans into mass-market consumer products (for example Reynolds Wrap and early aluminium cans for Pepsi), shaping demand for aluminium-based packaging — a development that matters to investors watching materials, packaging and consumer-goods supply chains.

Reynolds Metals developed aluminium products for consumer packaging (Reynolds Wrap foil, aluminium beverage cans), as well as components for aerospace, automotive and construction industries. The company’s consumer-packaging innovations are highlighted in the article and show how manufacturers can expand end markets for base metals.

The company promoted aluminium foil to households through TV commercials and demos, and began making 12-ounce aluminium cans in the 1960s, later supplying Pepsi and Diet Pepsi. According to the article, more than half of beverages sold in American supermarkets now come in aluminium packaging — demonstrating the long-term market impact of Reynolds’ push.

Reynolds Metals was sold to Alcoa in 2000. The sale came five years after David Reynolds had stepped down from the company’s board, as noted in the article.

The article states Reynolds Metals grew to be the second-largest aluminium manufacturer in the United States, behind Alcoa — a useful historical reference for investors studying sector concentration and legacy players in aluminium production.

David Reynolds earned a reputation as an environmentalist by promoting the reuse of aluminium to reduce litter and waste. In 1987 he received an award from Keep America Beautiful for his pioneering recycling efforts, highlighting the company’s early focus on recyclability — a key sustainability factor for investors evaluating packaging businesses.

Yes. The article links Reynolds Metals to consumer brands and firms such as Reynolds Wrap (kitchen foil), early aluminium cans for Pepsi and Diet Pepsi, manufacturing for Theodore Hamm Brewing Co., and ownership of the Eskimo Pie Co. as a subsidiary. These associations show how a metals maker can be integrated with consumer-facing brands.

The article highlights Reynolds’ legacy of turning aluminium into a consumer staple — from kitchen foil to beverage cans — and promoting recycling. For investors, that legacy underscores how product innovation, strong consumer adoption, and sustainability initiatives can create durable demand for materials companies and influence long-term industry structure.