Brazil: Crown Holdings to Invest in Its Sixth Can Plant to Meet Growing Demand

Crown Holdings, Inc. (NYSE: CCK) (Crown) announced today that its Brazilian subsidiary CROWN Embalagens S.A., plans to build its sixth beverage can plant in Brazil. The new two-line facility will produce two-piece aluminum cans in multiple sizes and have annual capacity of 2.4 billion cans when fully operational. The first line is expected to begin production in the second quarter of 2022, followed by the second line in the fourth quarter of 2022.

The new plant will be located in Minas Gerais State, southeast Brazil to meet the growing demand in the region for beer and soft drink cans. Crown has been operating in Brazil since 1942 and has a strong presence with two-piece aluminum beverage can plants in Cabreúva (São Paulo State), Estância (Sergipe State), Ponta Grossa (Paraná State), Rio Verde (Goiás State), Teresina (Piaui State) and a beverage end plant in Manaus (Amazonas State). The new plant will expand Crown’s annual production capacity in Brazil to 13.3 billion cans.

“Brazil is an important growth market for us and our partner, Évora S.A. This expansion will help meet the country’s increased demand for beverage cans and demonstrates Crown’s continuing commitment to grow with our customers,” commented Djalma Novaes, President of Crown’s Americas Division. “The aluminum beverage can is perfect for the Brazilian market; it is recyclable and sustainable, is shipped easily and most efficiently preserves the quality of the beverage product for the ultimate consumer.”

About Crown Holdings, Inc.

Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Yardley, Pennsylvania. For more information, visit www.crowncork.com.

Source: Crown Holdings, Inc.
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