Crown Holdings To Build New Beverage Can Plant In Henry County, Virginia

Crown Holdings, Inc. (NYSE: CCK) (Crown), announced that it will build a new beverage can manufacturing facility in Henry County, Virginia. This will represent the Company's third greenfield beverage can manufacturing investment in North America over the last five years.

Beverage cans
© Crown Holdings Inc., Beverage cans
19.02.2021
Source:  Company news

This state-of-the-art plant will supply beverage cans to the Company's customers serving a variety of categories including sparkling water, energy drinks, carbonated soft drinks, teas, functional beverages, hard seltzers, beer and cocktails. The plant's geographic location expands Crown's North American supply network to address the growing market for standard and specialty beverage cans.

"This investment further demonstrates Crown's commitment to support its customers in meeting the increased demand for aluminum beverage cans," said Timothy J. Donahue, President and Chief Executive Officer. "The Henry County plant will give Crown a stronger position in the specialty can market, while allowing Crown to better serve the needs of customers and consumers for more sustainable packaging. On behalf of Crown, I would like to thank our many partners for their enthusiasm and cooperative effort in this initiative, including Governor Ralph Northam and the Commonwealth of Virginia, the Martinsville-Henry County Economic Development Corporation, Henry County, the Harvest Foundation of the Piedmont, Southwestern Virginia Gas, Appalachian Electric Power, Mid-Atlantic Broadband Communities Corporation and the Virginia Economic Development Partnership."

Located in Commonwealth Crossing Business Centre, the 355,000 square foot facility is expected to begin operations in the second quarter of 2022 and will create 126 new jobs.

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