Ball Corporation to invest US$290m in a new US packaging plant as demand for cans soar
US – Ball Corporation, one of the world’s leading providers of innovative, sustainable aluminum packaging for beverage, personal care and household products, has announced plans to build a new aluminium beverage packaging plant in Nevada, US.
According to Ball, the new site will be located in North Las Vegas and is expected to create almost 180 manufacturing jobs once operational.
Up to US$290 million is expected to be injected into the plant, equipping it with technologies for the manufacture and supply of an assortment of can sizes to a diverse range of beverage customers.
Ball’s new investment comes against a backdrop of surging demand for aluminum cans globally due to their convenience and sustainability profiles.
Unlike plastic which can be problematic when it comes to recycling, aluminum renders itself easily to the process.
Moreover, infrastructure for aluminum recycling is widespread when compared to plastic, making it a great packaging choice for environment-conscious consumers.
Although slightly more expensive than plastic, its non-toxic nature, ease of handling and distribution, and great moldability (which provides manufacturers with the ease of printing) have increased its attractiveness to manufacturers.
As a result, demand is expected to continue rising at a CAGR of 3.0% in the forecast period of 2021-2026 to reach a value of US$54.3 billion by 2026, according to Expert Market Research.
Kathleen Pitre, president of Ball beverage packaging in North and Central America, said: “Our new North Las Vegas plant is Ball’s latest investment to serve accelerating demand for our portfolio of infinitely recyclable aluminium containers”.
She continued: “The new plant is supported by numerous long-duration contracts for committed volume with our strategic global partners and regional customers and will enable us to serve customer and consumer needs for more sustainable aluminium beverage packaging while furthering our ‘drive for 10’ vision.”
The new site is scheduled to begin production in late 2022. Its announcement comes after Ball unveiled plans for new manufacturing facilities in the UK and Russia earlier this year.
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