Crown to Build Three New Plants in China (CCK)

Crown Holdings, Inc. CCK announced today that it will build three new beverage can plants in China - one in Putian, one in Foshan and one in Ziyang. The new plants will have initial combined annual production capacity of 2.1 billion aluminum beverage cans. Each of the plants will be designed to accommodate the installation of additional production lines as market demand grows and to produce 25cl, 33cl and 50cl cans. Commencement of commercial production is expected during the fourth quarter of 2011 in Putian, during the first quarter of 2012 in Ziyang and during the third quarter of 2012 in Foshan.