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Crown to Invest in Its Sixth Can Plant in Brazil to Meet Growing Demand
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YARDLEY, Pa., Jan. 19, 2021 /PRNewswire/ 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 S