WESTMINSTER, Colo.,
Sept. 23, 2021 /PRNewswire/
-- Ball Corporation (NYSE: BLL) announced today plans to
build a new U.S. aluminum beverage packaging plant in North Las Vegas, Nevada. The multi-line plant
is scheduled to begin production in late 2022 and is expected to
create nearly 180 manufacturing jobs when fully operational.
"Our new North Las Vegas plant
is Ball's latest investment to serve accelerating demand for our
portfolio of infinitely recyclable aluminum containers," said
Kathleen Pitre, president, Ball
beverage packaging North & Central
America. "The new plant is supported by numerous
long-duration contracts for committed volume with our strategic
global partners and regional customers and will enable us to serve
customer and consumer needs for more sustainable aluminum beverage
packaging while furthering our Drive for 10 vision."
Ball plans to invest nearly $290
million in its North Las
Vegas facility over multiple years. The plant will supply a
range of innovative can sizes to a variety of beverage customers.
Infinitely recyclable and economically valuable, aluminum cans,
bottles and cups enable a truly circular economy in which materials
can be and actually are used again and again. In fact, 75 percent
of all aluminum ever produced is still in use today.
Ball chose the North Las Vegas
location for its new facility due to its proximity to customer
can-filling investments, increasing regional demand, the
infrastructure in place, the regional labor base and the
cooperation of state and local officials. Join us in leading the
sustainability revolution. For more information about job
opportunities at Ball's planned North Las
Vegas plant or at any other location, visit
jobs.ball.com. Apply now and be unstoppable at Ball.
About Ball Corporation
Ball Corporation supplies innovative, sustainable aluminum
packaging solutions for beverage, personal care and household
products customers, as well as aerospace and other technologies and
services primarily for the U.S. government. Ball Corporation and
its subsidiaries employ 21,500 people worldwide and reported 2020
net sales of $11.8 billion. For more information,
visit www.ball.com, or connect with us
on Facebook or Twitter.
Forward-Looking Statements
This release contains "forward-looking" statements concerning
future events and financial performance. Words such as "expects,"
"anticipates," "estimates," "believes," and similar expressions
typically identify forward-looking statements, which are generally
any statements other than statements of historical fact. Such
statements are based on current expectations or views of the future
and are subject to risks and uncertainties, which could cause
actual results or events to differ materially from those expressed
or implied. You should therefore not place undue reliance upon any
forward-looking statements and any such statements should be read
in conjunction with, and qualified in their entirety by, the
cautionary statements referenced below. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Key factors, risks and uncertainties that could cause
actual outcomes and results to be different are summarized in
filings with the Securities and Exchange Commission, including
Exhibit 99 in our Form 10-K, which are available on our website and
at www.sec.gov. Additional factors that might affect: a) our
packaging segments include product capacity, supply and demand
constraints and fluctuations and changes in consumption patterns;
availability/cost of raw materials, equipment and logistics;
competitive packaging, pricing and substitution; changes in climate
and weather; footprint adjustments and other manufacturing changes,
including the startup of new facilities and lines; failure to
achieve productivity improvements or cost reductions; unfavorable
mandatory deposit or packaging laws; customer and supplier
consolidation; power and supply chain interruptions; changes in
major customer or supplier contracts or loss of a major customer or
supplier; political instability and sanctions; currency controls;
changes in foreign exchange or tax rates; and tariffs, trade
actions, or other governmental actions, including business
restrictions and shelter-in-place orders in any country or
jurisdiction affecting goods produced by us or in our supply chain,
including imported raw materials; b) our aerospace segment include
funding, authorization, availability and returns of government and
commercial contracts; delays, extensions and technical
uncertainties affecting segment contracts; and supply chain
interruptions; c) the Company as a whole include those listed above
plus: the extent to which sustainability-related opportunities
arise and can be capitalized upon; changes in senior management,
succession, and the ability to attract and retain skilled labor;
regulatory actions or issues including those related to tax, ESG
reporting, competition, environmental, health and workplace safety,
including U.S. FDA and other actions or public concerns affecting
products filled in our containers, or chemicals or substances used
in raw materials or in the manufacturing process; technological
developments and innovations; the ability to manage cyber threats;
litigation; strikes; disease; pandemic; labor cost changes; rates
of return on assets of the Company's defined benefit retirement
plans; pension changes; uncertainties surrounding geopolitical
events and governmental policies both in the U.S. and in other
countries, including policies, orders and actions related to
COVID-19; reduced cash flow; interest rates affecting our debt; and
successful or unsuccessful joint ventures, acquisitions and
divestitures, and their effects on our operating results and
business generally.
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SOURCE Ball Corporation