Philadelphia,
PA-based Crown Holdings, Inc. announced that its Brazilian subsidiary,
CROWN Embalagens S.A., plans to build a new $60 million beverage can
plant in Brazil. The new facility is expected to be operational in the
second quarter of 2011 and will have an initial annual capacity of 700
million cans.
The new plant will be located in Southern Brazil to meet the growing
demand of that region. CROWN Embalagens has a strong presence in the
country with beverage can plants in Cabreuva and Estancia, and a
beverage end plant in Manaus. The Company's annual production capacity
in 2011 will be approximately 4 billion cans.
"Demand for aluminum beverage cans in Brazil is strong and the
positive trends are expected to continue," said Raymond L. McGowan,
President of Crown's Americas Division. "Brazil is an important market
for us and our joint venture partner in that country, Petropar SA.
This expansion demonstrates our commitment to support the growing
needs of our global and local customers and to help them continue to
build their brands in the region."
For more
information, visit
www.crowncork.com.