BROOMFIELD, Colo., Oct. 5 /PRNewswire/ -- Ball Corporation (NYSE:
BLL) today announced it is expanding production of its light weight
Alumi-Tek® bottle to meet strong customer demand in North America. The company's Golden, Colo., metal beverage packaging plant
will begin making Alumi-Tek bottles in the second half of 2011.
Ball's Monticello, Ind., plant has
been producing the reclosable, recyclable Alumi-Tek bottles for
beverage customers since 2006.
"The commercial success of our Alumi-Tek bottle as a value-added
package for premium beverages continues to drive volume for Ball,"
said Michael L. Hranicka, president
of Ball's North American metal beverage packaging, Americas,
division. "This is a distinctive package that adds the convenience
of reclosability and a bottle feel to the long list of aluminum can
attributes, such as superior shelf life, the ability to chill
quickly, shatter resistance and 100 percent recyclability. Adding
Alumi-Tek manufacturing capability to our Golden plant will help us supply our
customers' growing need for this innovative beverage package."
Ball leverages its two-piece aluminum beverage can manufacturing
expertise to produce the Alumi-Tek bottle because the manufacturing
technology for both packages is very similar. The bottles have the
same high quality graphics found on cans and are decorated with the
same printing process.
The Alumi-Tek expansion in Golden will utilize existing space within the
facility. Ball's Golden plant
currently produces aluminum beverage cans and ends.
Ball is the largest producer of specialty beverage cans in
North America, providing more than
20 sizes to its customers as well as innovative packages such as
the Ball Reclosable End, enhanced can graphics and Alumi-Tek.
Specialty beverage cans account for about 15 percent of Ball's
beverage can business.
Ball Corporation is a supplier of high-quality packaging for
beverage, food and household products customers, and of aerospace
and other technologies and services, primarily for the U.S.
government. Ball Corporation and its subsidiaries employ more than
14,000 people worldwide and reported 2009 sales of more than
$7.3 billion including discontinued
operations. For the latest Ball news and for other company
information, please visit http://www.ball.com.
Forward-Looking Statements
This release contains "forward-looking" statements concerning
future events and financial performance. Words such as "expects,"
"anticipates," "estimates" and similar expressions are intended to
identify forward-looking statements. Such statements are subject to
risks and uncertainties which could cause actual results to differ
materially from those expressed or implied. 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 risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2
in our Form 10-K, which are available at our website and at
www.sec.gov. Factors that might affect our packaging segments
include fluctuation in product demand and preferences; availability
and cost of raw materials; competitive packaging availability,
pricing and substitution; changes in climate and weather; crop
yields; competitive activity; failure to achieve anticipated
productivity improvements or production cost reductions; mandatory
deposit or other restrictive packaging laws; changes in major
customer or supplier contracts or loss of a major customer or
supplier; and changes in foreign exchange rates or tax rates.
Factors that might affect our aerospace segment include: funding,
authorization, availability and returns of government and
commercial contracts; and delays, extensions and technical
uncertainties affecting segment contracts. Factors that might
affect the company as a whole include those listed plus: accounting
changes; changes in senior management; the current global recession
and its effects on liquidity, credit risk, asset values and the
economy; successful or unsuccessful acquisitions, joint ventures or
divestitures; integration of recently acquired businesses;
regulatory action or laws including tax, environmental, health and
workplace safety, including in respect of climate change, or
chemicals or substances used in raw materials or in the
manufacturing process; governmental investigations; technological
developments and innovations; goodwill impairment; antitrust,
patent and other litigation; strikes; labor cost changes; rates of
return projected and earned on assets of the company's defined
benefit retirement plans; pension changes; reduced cash flow;
interest rates affecting our debt; and changes to unaudited results
due to statutory audits or other effects.
SOURCE Ball Corporation
Copyright t. 5 PR Newswire