BOULDER, Colo., April 21, 2017 /PRNewswire/ -- Ball
Corporation yesterday broke ground on an expansion of its Aerospace
Manufacturing Center (AMC) at a groundbreaking ceremony in
Westminster, CO. Colorado Governor John
Hickenlooper, United States
Representatives Mike Coffman (CO-6)
and Ed Perlmutter (CO-7), and
Westminster Mayor Herb Atchison joined senior Ball leadership for
the event. When fully completed, the 145,000 square foot expansion
will significantly enhance the manufacturing and production
capabilities of Ball Aerospace, a business of Ball Corporation.
"We are here to break ground on the expansion of the Aerospace
Manufacturing Center in order to keep pace with projected growth
and meet the needs of the customers we serve every day," said
John Hayes, chairman, president and
chief executive officer of Ball Corporation. "Ball Aerospace has
received multiple awards and recognitions at the highest levels
from its customers for on-time performance, execution,
affordability and best-in-class workforce. This expansion will
ensure we maintain our competitive advantages within the aerospace
market."
The AMC houses design facilities, product manufacturing, test
ranges and administrative space. It was initially built in the late
1980s, and underwent an expansion in 2006 of 60,000 square feet.
The expansion is expected to be completed by Spring 2019.
"Ball is a major contributing factor to the State of Colorado's status as the nation's
second-largest aerospace economy," said Colorado Governor John
Hickenlooper. "Ball is a substantial employer and
philanthropic force in our communities, and I congratulate Ball on
their continued success."
"As a Marine Corps combat veteran and a subcommittee chairman on
the House Armed Services Committee, I deeply appreciate all that
Ball Corporation does for our war fighters and how this expansion
will increase their capacity to further contribute to our nation's
security," said U.S. Congressman Mike
Coffman (CO-6).
"The expansion of the Aerospace Manufacturing Center will
continue to support Ball's work on national security and
intelligence programs, as well as space and Earth science
exploration," said U.S. Congressman Ed
Perlmutter (CO-7). "I appreciate Ball's leadership in the
development of spacecraft, instruments and other technologies and
look forward to working with them as they continue to push
boundaries and reach new levels."
The architect for the expansion is RNL, Hensel Phelps is the General Contractor, and CPI
will serve as the Project Manager.
Ball Aerospace pioneers discoveries that enable our
customers to perform beyond expectation and protect what matters
most. We create innovative space solutions, enable more
accurate weather forecasts, drive insightful observations of our
planet, deliver actionable data and intelligence, and ensure those
who defend our freedom go forward bravely and return home safely.
For more information, visit www.ball.com/aerospace or connect with
us on Facebook or Twitter.
Ball Corporation (NYSE: BLL) supplies innovative,
sustainable packaging solutions for beverage, food 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 18,450 people worldwide and 2016 net sales
were $9.1 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," "targets," "likely" 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 of 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 demand fluctuations;
availability/cost of raw materials; competitive packaging, pricing
and substitution; changes in climate and weather; competitive
activity; failure to achieve synergies, productivity improvements
or cost reductions; mandatory deposit or other restrictive
packaging laws; customer and supplier consolidation, power and
supply chain influence; changes in major customer or supplier
contracts or a loss of a major customer or supplier; political
instability and sanctions; currency controls; and changes in
foreign exchange or tax rates; b) our aerospace segment include
funding, authorization, availability and returns of government and
commercial contracts; and delays, extensions and technical
uncertainties affecting segment contracts; c) the company as a
whole include those listed plus: changes in senior management;
regulatory action or issues including tax, 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;
litigation; strikes; 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 the
U.S. government elections, budget, sequestration and debt limit;
reduced cash flow; ability to achieve cost-out initiatives and
synergies; interest rates affecting our debt; and successful or
unsuccessful acquisitions and divestitures, including with respect
to the Rexam PLC acquisition and its integration, or the associated
divestiture; the effect of the acquisition or the divestiture on
our business relationships, operating results and business
generally.
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SOURCE Ball Corporation