CROWN TO INVEST IN NEW BEVERAGE CAN PLANT IN BRAZIL TO MEET GROWING DEMAND
Crown Holdings, Inc. (NYSE: CCK) (Crown), today announced that its Brazilian subsidiary, CROWN Embalagens S.A., plans to build a new $60 million beverage can plant in Brazil. The new facility is expected to be operational in the second quarter of 2011 and will have an initial annual capacity of 700 million cans.