Ball Corp - Company Profile

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Business Description

Ball Corp (Ball) is a provider of aluminum packaging solutions. It manufactures aluminum, steel, and general and aerosol containers which find applications in beverage, personal care, automotive, healthcare, food, and household products industries. The company provides aerospace and other technologies and services to governmental and commercial customers. It designs develop and manufacture innovative aerospace systems and related technologies including instruments and sensors, spacecraft and space science, electronic warfare, radio frequency systems and components, aerospace technology and components, antennas and microwave systems, and data exploitation solutions for government and commercial customers.

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R&D Overview

The company are primarily focused on packaging innovation, including the development of new features, sizes, shapes, and types of containers, as well as new uses for existing containers. The company also seeks to improve manufacturing efficiencies and the overall sustainability of its products. In the aerospace business, R&D activities are centered on the design, development, and manufacture of innovative aerospace products and systems. The R&D units of Ball are primarily located in a technical center in Westminster, Colorado for packaging, and various locations in the U.S. for aerospace. These units are responsible for managing the company's R&D activities, including the development of new products and processes, and improving manufacturing efficiencies. In FY2023, the company spent US$55 million on R&D, which as a percentage of revenue, stood at 0.3%.




Geographical Segments

Overview

Designs, develops and manufactures aerospace systems and related technologies. Offers defense hardware, antenna and video tactical solutions, civil and operational space hardware and systems engineering services. Also, develops spacecraft, radio frequency systems, sensors and instruments, and other advanced technologies for government and commercial customers. Offers cryogenic systems for reactant storage, star trackers and target identification, warning and attitude control systems. The segment's strategy is to deliver solutions ranging from entire missions to contributing component level expertise through the design, development, and manufacture of innovative systems for intelligence surveillance and reconnaissance, civil, commercial, and national security aerospace markets.

Performance

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Overview

Offers two-piece beverage cans and can ends for producers of beer, carbonated soft drinks, mineral water, fruit juices, energy drinks and other beverages. Operates across Europe, Turkey and Egypt. The company has announced a plan to build new operations in Pilsen, Czech Republic, and Northamptonshire, United Kingdom. Both plants are expected to start up in the first half of 2023. The segment's strategy is to leverage its position as the largest producer in the region, meet the demand for sustainable packaging, and compete aggressively with other packaging materials.

Performance

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Overview

Manufactures metal container products that are used in beverage packaging, which are principally sold under multi-year supply contracts to fillers of carbonated soft drinks, beer, energy drinks, and other beverages. Operates across Canada, Mexico, and the US. The segment's strategy is to operate profitably by running facilities continuously, competing based on price, quality, service, innovation, and sustainability, and limiting exposure to changes in the cost of aluminum through contract provisions and derivative instruments.

Performance

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Overview

Manufactures aluminum beverage containers in Brazil, Chile, Argentina, and Paraguay. The segment's strategy is to leverage its position as the largest producer in the region, with an estimated 47 percent of South American shipments in 2023, and to manage its exposure to changes in the cost of aluminum through contractual provisions and derivative instruments.

Performance

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Overview

Offers beverage packaging products in the Middle East and Asia (AMEA) and Asia-Pacific and Africa. Carries out the production of steel food and aerosol containers. Offers two-piece and three-piece steel food containers and ends for packaging vegetables, fruit, seafood, soups, nutritional products, meat, pet food, and other products.

Performance

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