Industry News

Ball Corporation to Sell Baltimore Specialty Tin Plant

Sold to Independent Can Company for approximately $25 million.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation announced an agreement to sell its specialty tin manufacturing facility in Baltimore, MD, to US-based Independent Can Company for approximately $25 million.   The transaction is expected to close during the fourth quarter of 2016 and the proceeds are subject to customary closing adjustments.   “We continue to focus on maximizing value and generating positive EVA dollars in our core businesses,” said Jim Peterson, COO, food and aerosol packaging. “While parting with dedicated...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters