Crown Holdings (CCK) Acquires Beverage Can Production Facility in Vietnam
More News related to CCK
- Crown Holdings (CCK) Announces Redemption of $300M of 7 5/8% Senior Notes
- Crown Holdings, Inc. Announces Partial Redemption of 7 5/8% Senior Notes due 2013
- Crown Holdings To Present at Bank of America Merrill Lynch Credit Conference
- Crown Holdings (CCK) Director Sells 439K Shares After Exercising Options
- Crown Holdings (CCK) Tops Q3 EPS by 2c
More News related to Corporate News
- Notable Analyst Rating Changes 12/04: BAC, SNV, FSLR, AKAM Upgraded; TTWO, SWHC, AKS, NFLX Downgraded
- Morning Movers 12/04: OCLS, FLOW, BIG, LOGC, PEIX Higher; TTWO, STE, BCON, VSNT, ZIOP, SWHC Lower
- Notable Mergers and Acquisitions of the Day 12/4: JAVA/ORCL, CSCO, BAM/GGWPQ
- After-Hours Movers 12/03: LAVA, MRVL, FLOW, NX, AVGO Higher; TTWO, VSNT, SWHC, ZIOP, MENT, WES Lower
- Trading Radar for 12/4: Big Lots (BIG), Royal Bank of Canada (RY), Sirona Dental (SIRO) Report
Crown Holdings, Inc. (NYSE: CCK) (Crown) announced that its subsidiary, CROWN Asia Pacific Holdings Ltd has acquired a beverage can production facility located northeast of Ho Chi Minh City in Dong Nai Province, Vietnam from Interfood Shareholding Company (VNSE: IFS). Interfood will retain a minority investment interest in the plant.
The newly constructed facility is sized to accommodate additional manufacturing lines and will have an initial annual production capacity of approximately 600 million two-piece, 33cl aluminum beverage cans. Commercial delivery of cans is scheduled to begin early in the fourth quarter of this year.
Crown Holdings, Inc. is engaged in the design, manufacture and sale of packaging products for consumer goods. [SM]
Related Categories
Corporate NewsStocks Mentioned
+0.21Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
