Ball to build one-line beverage can manufacturing plant in Myanmar, with production expected to begin by mid-2015; demand for beverage containers in Southeast Asia expected to continue to grow significantly over the coming years, says president and CEO
May 19, 2014
"The demand for beverage containers in Southeast Asia is expected to continue to grow significantly over the coming years," said John A. Hayes, chairman, president and chief executive officer. "The Myanmar plant will allow us to bolster our presence in this high-potential market with a relatively small investment, making it an ideal fit as part of our Drive for 10 growth strategy."
"Ball is excited to bring its high-quality packaging and global sustainability practices to the Myanmar market," said Gihan Atapattu, president, Ball Asia Pacific Limited. "Thanks to long-standing relationships, we are able to align the new plant's capacity with the local filling needs of Coca-Cola Pinya Beverages and several other local, regional and multi-national customers."
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 2013 sales of $8.5 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.