BROOMFIELD, Colo., Oct. 1, 2015 /PRNewswire/ -- Ball Corporation (NYSE: BLL) today opened an aluminum aerosol can plant in India, located in the northwest city of Ahmedabad. With this new plant, Ball will meet the region's increasing demand, and continue the company's Drive for 10 vision of entering into new geographic regions and remaining close to customers. Multiple sales contracts are in place with local customers in Ahmedabad and the surrounding region.
"With our strong foundation in aluminum aerosol manufacturing, this new plant allows us to enter the rapidly expanding India market and meet the needs of regional customers, as well as our existing global customers," said Michael Feldser, senior vice president, Ball Corporation and chief operating officer, Global Metal Food & Household Products Packaging.
The global leader in metal packaging, Ball leverages its diverse manufacturing capabilities to deliver best-in-class aerosol packaging to our customers worldwide. Ball's portfolio includes both three-piece tinplate aerosol cans and extruded aluminum cans. Ball also manufactures aluminum slugs, which it utilizes in the production of impact extruded aluminum cans.
Ball is committed to innovation and sustainability, exemplified by its launch of the first lighter weight aluminum aerosol can using recycled content. Additionally, Ball Corporation recently was named the industry leader for container and packaging companies on the Dow Jones Sustainability Index World for the third consecutive year.
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 14,500 people worldwide and reported 2014 sales of $8.6 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.
This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates" and similar expressions 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 in our Form 10-K, which are available on our website and at www.sec.gov. 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; crop yields; competitive activity; failure to achieve 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 loss of a major customer or supplier; political instability and sanctions; 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 the U.S. government budget, sequestration and debt limit; reduced cash flow; ability to achieve cost-out initiatives; interest rates affecting our debt; and successful or unsuccessful acquisitions and divestitures, including, with respect to the proposed Rexam PLC acquisition, the effect of the announcement of the acquisition on our business relationships, operating results and business generally; the occurrence of any event or other circumstances that could give rise to the termination of our definitive agreement with Rexam PLC in respect of the acquisition; the outcome of any legal proceedings that may be instituted against us related to the definitive agreement with Rexam PLC; and the failure to satisfy conditions to completion of the acquisition of Rexam PLC, including the receipt of all required regulatory approvals.
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SOURCE Ball Corporation
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