CROWN BREAKS GROUND ON THE COMPANY'S FIRST BEVERAGE CAN MANUFACTURING FACILITY IN INDIA
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.1%
Revenue Growth %: +7.5%
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Announced in
The groundbreaking ceremony, which reflected local traditions and marked the official commencement of construction, underscored Crown's long-term commitment to
Designed to incorporate advanced manufacturing technologies and the highest quality and sustainability standards, the facility will support growing demand for aluminum beverage cans across both alcoholic and non-alcoholic beverage categories. The investment reinforces the Company's commitment to serving customers in high-growth markets and reflects the strong partnership Crown has established with the Government of Uttar Pradesh.
The Company continues to expect full year capital expenditures of approximately
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 Tampa, Florida. Learn more at www.crowncork.com.
For more information, contact:
Kevin C. Clothier, Senior Vice President and Chief Financial Officer, (215) 698-5281, or
Thomas T. Fischer, Vice President, Investor Relations and Corporate Affairs, (215) 552-3720
View original content:https://www.prnewswire.com/news-releases/crown-breaks-ground-on-the-companys-first-beverage-can-manufacturing-facility-in-india-302876374.html
SOURCE Crown Holdings, Inc.
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