Crown to Increase Beverage Can Capacity in Malaysia
Crown Holdings, Inc. (NYSE: CCK) announced today that it will install a second two-piece beverage can line in its existing facility in Bangi, Malaysia.
The new line is expected to be operational in the first quarter of 2013 and have an initial annual production capacity of approximately 650 million two-piece 33cl beverage cans. It will also be able to produce smaller diameter cans. The addition will bring the total capacity of the plant to more than 1.2 billion cans.
"Crown has been present in Malaysia for more than 30 years to service both local and international customers," said Jozef Salaerts, President of CROWN Asia-Pacific. "Demand for beverage cans in the country continues to increase, thanks to the many benefits it brings to brand owners and consumers alike. The additional capacity in our Bangi facility will ensure our customers are ready to meet that demand."
