Ball Corp.’s August earnings statement told of growth at Shannon site. A look at the company’s most recent quarterly report includes a shoutout about what’s happening at the local plant already.
“Our long-term growth outlook continues to develop at a rate higher than we originally anticipated. While in the short term, we have experienced growing pains relative to certain costs, we are deploying capital in our businesses to capture this growth, including but not limited to the further build out of our aerospace manufacturing facilities, a new multi-line facility in Brazil that is secured by multi-year contracts, new beverage can lines in our Rome, Georgia, and Fort Worth, Texas, facilities, as well as additional line speed ups and conversions in North America and Europe.”– From John A. Hayes, chairman, president and chief executive officer.
Net earnings for the quarter ended June 30 rose to $197 million vs. $120 million for the same period a year earlier. Click here for the full statement.
Background: This is Ball Corp.’s second expansion in Shannon in recent years. In April 2016, Ball Corp. announced a $50 million expansion that added 40 jobs to the Shannon campus. Background.
Additional details from Wednesday’s announcement: Rome News-Tribune.
In context: Here’s that “big one” we’re been hinting about for the past two weeks. Ball Corp. adding 180 jobs, investing more than $200 million in Shannon. Indeed, it does more than rival the December International Paper announcement ($150 million investment, story) as another existing industry doubles down on Rome/Floyd County. This one has been brewing for at least 18 months and follows the recent purchase of additional acreage in the Shannon area.
Second big move by Ball this year: The company’s plans announced Wednesday will be on property it currently owns. In late February, Ball Corp. announced its intent to purchase 67 acres in what’s known as the Northwest Regional Industrial Park, according to the Rome Floyd Chamber. The site originally was purchased in 1997 by the Gordon County/Floyd County Joint Development Authority. The industrial park is between Rome and Calhoun on West Hermitage Road. The total price is expected to be $1.675 million when closed. Previous report
FROM BALL CORP.
Ball Corporation announced today that it will begin construction on its first dedicated aluminum cups manufacturing facility to serve the growing demand for innovative, sustainable beverage packaging for U.S. customers and consumers.
The new aluminum cups manufacturing facility will be adjacent to Ball’s existing aluminum beverage can manufacturing plant in Rome, Ga., and is expected to ramp up production in the fourth quarter of 2020. Ball plans to hire approximately 145 new employees for the cups facility to support the multi-year investment of approximately $200 million. Atlanta-based KBD Group Inc. is serving as general contractor on the project.
“We’re increasingly hearing from customers and consumers that they want to do the right thing for the environment, and they need more options,” said John A. Hayes, chairman, president and chief executive officer. “This product launch is aligned with our Drive for 10 strategy and is another step in innovating to serve unmet needs. Using our years of experience and specialized expertise, we are proud to provide both our customers and consumers with another environmentally friendly and fun option in our industry-leading portfolio of aluminum packages.”
In addition to its sustainability and recycling strengths, the aluminum cup is sturdy, durable, cool to the touch, and provides an elevated drinking experience. It also can be customized with logos and graphics. The cup is currently available through a limited pilot program with major venues and concessionaires across the U.S. in a 20-ounce size produced in Ball’s Westminster, Colo., innovation facility.
When the Rome plant is fully operational, Ball plans to introduce additional sizes to round out its cups portfolio and intends to expand adoption of the cups to drinking establishments, parks and recreation, colleges and universities, hospitality, restaurants, business and industry.
Infinitely recyclable and economically valuable, aluminum is the most sustainable beverage packaging material, and aluminum cans, bottles and cups are easily recycled. In fact, 75 percent of the aluminum ever produced is still in use today. Ball’s research shows that 67 percent of U.S. consumers say they will visit a venue more often if they use aluminum cups instead of plastic cups and that 78 percent of consumers expect beverage brands to use environmentally friendly containers in the next five years.
For more information, please visit www.ball.com/cups.
FROM THE GOVERNOR’S OFFICE:
Media release: Gov. Brian P. Kemp today announced that Ball Corporation, a provider of aluminum packaging for beverages, personal care, and household products, will expand its operations in Rome. The company will build a new aluminum cups manufacturing plant, creating more than 180 new jobs and investing more than $200 million in the project.
“As the Top State for Business six years in a row, Georgia’s manufacturing industry has seen unprecedented growth in recent years and this expansion is indicative of that unrivaled success,” said Governor Kemp. “I am thrilled to see another member of the Georgia Made family expand operations, and I am confident our top notch workforce in the region will pay huge dividends for Ball Corporation in the years to come.”
This new plant will manufacture aluminum cups, and serve the growing demand for innovative, sustainable beverage packaging in the U.S. market. It is expected to come online in fourth quarter of 2020.
“We’re increasingly hearing from customers and consumers that they want to do the right thing for the environment, and they need more options,” said John A. Hayes, chairman, president, and CEO of Ball Corp. “This product launch is aligned with our Drive for 10 strategy and is another step in innovating to serve unmet needs. Using our years of experience and specialized expertise, we are proud to provide both our customers and consumers with another environmentally friendly and fun option in our industry-leading portfolio of aluminum packages.”
The new facility will be adjacent to Ball’s existing aluminum beverage can manufacturing plant in Rome, representing a significant expansion of their footprint in the region. Founded in 1880, the company employs more than 17,500 people worldwide and has annual sales of $11.6 billion.
“Floyd County is excited to see one of our local industries expand,” said Scotty Hancock, chairman of the Floyd County Commission. “We look forward to the growth of quality jobs and significant investment back into the community.”
“This decision by Ball Corporation will strengthen our community and create good jobs for our residents,” said Bill Collins, mayor of the city of Rome. “We are pleased to work with our local industries and highlight our business-friendly environment to secure quality economic development.”
Georgia Department of Economic Development Project Manager Taylor Kielty represented the Global Commerce Division on this project in partnership with Rome/Floyd development teams.
“We are immensely proud of the success that Ball Corporation is seeing in Floyd County,” said GDEcD Commissioner Pat Wilson. “The company’s growth is a testament to Georgia’s booming manufacturing industry. I want to thank Ball for their continued investment in our state and all of our local and statewide economic development partners for their work to make this announcement possible.”