Retail Supply: Crown To Add Cambodia Can Line
September 10, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Crown Holdings, Inc. (NYSE: CCK), a supplier of metal packaging products, said that its subsidiary, Crown Asia Pacific Holdings Ltd., plans to install a second beverage can line in its existing facility in Phnom Penh, Cambodia.
The new line is scheduled to be operational in the fourth quarter of 2011 and have an initial annual production capacity of 700 million two-piece 33cl aluminum beverage cans, which will expand the plant's capacity to 1.3 billion cans.
Pennsylvania-based Crown Holdings, through its subsidiaries, is a supplier of packaging products to consumer marketing companies.
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