Profile: Ball Corp (BLL)
10 Mar 2014
Ball Corporation (Ball), incorporated on December 19, 1922, is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company operates in four segments: metal beverage packaging, Americas and Asia; metal beverage packaging, Europe; metal food and household products packaging, Americas, and aerospace and technologies. Ball also provides aerospace and other technologies and services to governmental and commercial customers within its aerospace and technologies segment. Its product lines are aluminum and steel beverage containers. Ball also produces steel food containers and steel and aluminum aerosol containers for beverages, food, personal care and household products, as well as steel paint cans, decorative steel tins and aluminum slugs. The Company sells its packaging products to beverage, food, personal care and household products companies. In December 2012, the Company acquired Envases del Plata S.A. de C.V. During the year ended December 31, 2012, the Company acquired Tubettificio Europeo S.p.A. (Tubettificio).
Metal Beverage Packaging, Americas and Asia, Segment
Metal beverage containers are primarily sold under multi-year supply contracts to fillers of carbonated soft drinks, beer, energy drinks and other beverages. Metal beverage containers and ends are produced at 17 manufacturing facilities in the United States, one in Canada and four in Brazil. Ends are produced within four of the United States facilities, including two facilities that manufacture only ends, and one facility in Brazil. Additionally, Rocky Mountain Metal Container, LLC, a 50% investment owned by Ball and MillerCoors LLC, operates metal beverage container and end manufacturing facilities in Golden, Colorado. Ball produced approximately 43 billion recyclable metal beverage containers in the Americas during the year ended December 31, 2012. Its operations include the manufacture of aluminum containers and ends in five facilities in the People Republic of China. Ball also manufactures and sells high-density plastic containers in two the People Republic of China facilities primarily servicing the motor oil industry.
Metal Beverage Packaging, Europe, Segment
The metal beverage packaging, Europe, segment, supplies two-piece metal beverage containers and ends for producers of carbonated soft drinks, beer, energy drinks and other beverages, as well as extruded aluminum aerosol containers and aluminum slugs. The European operations consist of 16 facilities 10 beverage container facilities, three extruded aluminum aerosol facilities, two beverage end facilities and one aluminum slug facility of which four are located in Germany, four in the United Kingdom, four in France and one each in the Netherlands, Poland, Serbia and the Czech Republic. In addition, Ball is focused renting additional space on the premises of a supplier in Haslach, Germany, in order to produce the Ball Resealable End (BRE). The European beverage facilities produced approximately 17 billion metal beverage containers in 2012, with approximately 57% of those being produced from aluminum and 43% from steel. Six of the beverage container facilities use aluminum and four use steel. The European aluminum aerosol facilities produced approximately 725 million aluminum aerosol containers in 2012.
Metal Food and Household Products Packaging, Americas, Segment
Ball produces two-piece and three-piece steel food containers and ends for packaging vegetables, fruit, soups, meat, seafood, nutritional products, pet food and other products. The segment also manufactures and sells aerosol, paint and general line containers, as well as decorative specialty containers, extruded aluminum aerosol containers and aluminum slugs. There are a total of 14 facilities in the United States, one in Canada and one in Mexico, that produce these products. In addition, the Company manufactures and sells steel aerosol containers in two facilities in Argentina. In the United States and Canada, the Company is the leading supplier of aluminum slugs used in the production of extruded aluminum aerosol containers and estimate its percentage of the total industry shipments to be approximately 8%.
Aerospace and Technologies Segment
Ball’s aerospace and technologies segment includes national defense hardware; antenna and video component technologies; civil and operational space hardware; and systems engineering services. Its aerospace business is engaged in the design, development and manufacture of aerospace systems for civil, commercial and national security aerospace markets. It produces spacecraft, instruments and sensors, radio frequency systems and components, data exploitation solutions and a variety of advanced aerospace technologies and products that enable deep space missions. The aerospace and technologies business involves work under contracts, generally from one to five years in duration, as a prime contractor or subcontractor for the United States Department of Defense (DoD), the National Aeronautics and Space Administration (NASA) and other United States government agencies. Contracts funded by the various agencies of the federal government represented 90% of segment sales in 2012.
The businesses include hardware, software and services sold primarily to United States customers, with emphasis on space science and exploration, environmental and Earth sciences, and defense and intelligence applications. Major activities frequently involve the design, manufacture and testing of satellites, remote sensors and ground station control hardware and software, as well as related services, such as launch vehicle integration and satellite operations. Other hardware activities include target identification, warning and attitude control systems and components; cryogenic systems for reactant storage, and associated sensor cooling devices; star trackers, which are general-purpose stellar attitude sensors; and fast-steering mirrors. Additionally, the aerospace and technologies segment provides diversified technical services and products to government agencies, prime contractors and commercial organizations for a range of information warfare, electronic warfare, avionics, intelligence, training and space systems needs.
10 Longs Peak Drive,
P.O. Box 5000
BROOMFIELD CO 80021-2510