BROOMFIELD, Colo., Sept. 28, 2017 /PRNewswire/ -- Ball
Corporation today announced a $300,000 grant to the International Federation of
Red Cross and Red Crescent Societies, the world's largest
humanitarian network, to expand its support of disaster
preparedness and relief efforts globally through its philanthropic
arm – The Ball Foundation.
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The Ball Foundation's commitment builds on Ball's long-time
support of the American Red Cross and will help IFRC and its member
societies to more quickly deliver humanitarian aid to people in
need. The grant will support the work of 190 National Red Cross and
Red Crescent Societies, including the American Red Cross, empowered
by a network of more than 17 million volunteers worldwide.
"Ball operates in more than 100 locations in 34 countries and we
are proud to partner with the IFRC to ensure that these communities
and others are prepared if they are affected by disasters," says
Chris Chavez, executive director of
The Ball Foundation. "By working together with the Red Cross and
Red Crescent Societies, Ball and its employees will be able to make
a difference in people's lives when they need it the most."
Ball Corporation and The Ball Foundation have contributed nearly
$2 million in cash and in-kind
donations to Red Cross efforts over the past two years. In 2017,
Ball also has partnered with several customers to donate millions
of cans of clean drinking water for disaster relief victims in
North America and Mexico.
By participating in the IFRC's Disaster Relief Emergency Fund
and the American Red Cross Annual Disaster Giving Program, The Ball
Foundation provides reliable funding in advance of disasters to
enable immediate response when disaster strikes so communities are
safer and more sustainable over the long term.
"The Ball Foundation's contribution comes at a critical time
when we are responding to an increasing number of disasters and
health emergencies around the world," said Dr. Jemilah Mahmood, IFRC's Under Secretary General
for Partnerships. "We are very grateful for The Ball Foundation's
generous support in helping us meet the needs and improving the
lives of the world's most vulnerable people. "
About The Ball Foundation
The Ball Foundation is the
philanthropic arm of Ball Corporation. Grants are awarded to
nonprofit organizations to fund programs that create a positive,
measurable impact in four key areas linked to Ball's business and
strategy, including: recycling, disaster relief, food security and
STEM education.
About Ball Corporation
Ball Corporation 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.
About the IFRC
IFRC is the world`s largest
humanitarian network comprising 190 National Red Cross and Red
Crescent Societies working to save lives and promote dignity around
the world.
www.ifrc.org - Facebook- Twitter-
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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