Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

North American aluminum packaging manufacturer Ball Corp plans to join Austria’s Rauch and Red Bull at their beverage manufacturing hub in North Carolina, USA


Ball Corp will invest about $383.8mn and create nearly 220 new jobs to manufacture aluminum cans at the 800,000sq ft facility in Concord city, noted the North Carolina Department of Commerce (NCDC) on Jul 27. A 12-year job development grant by the NCDC will facilitate Ball’s expansion that is forecasted to boost the local economy with a capital infusion of $1bn. However, actual volumes remain unknown. Estimating from a similar projects around the US by the company, it should increase production by around 1bn cans per year. 


The aluminum cans producer and its subsidiaries’ 2020 net sales stood at $11.8bn with a global workforce of 21,500. It aims to reach a total of 8bn cans produced annually by the end of this year.

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