Crown Holding to build aluminum can plant in Nevada, creating 126 new jobs
Crown Holdings Inc. (CCK) said Friday it will build a manufacturing facility in Mesquite, Nevada, creating 126 new jobs. The maker of rigid packaging products used by consumer marketing companies said the new 355,000 square foot facility will supply beverage cans, and is expected to being operations in the second quarter of 2023. "Consumers continue to seek beverage options predominantly in cans and are increasingly aware of the sustainability benefits of the aluminum can," said Chief Executive Timothy Donahue. The stock, which was still inactive in premarket trading, has gained 5.8% over the past three months, while the S&P 500 has tacked on 4.3%.
(END) Dow Jones Newswires
September 24, 2021 08:13 ET (12:13 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.