US-based Bway has purchased American beverage can maker Ball’s metal packaging plant in Hubbard, Ohio, for an undisclosed sum.
The deal also includes certain liabilities of the metal packaging business, which is involved in the production of certain general line, household products and specialty metal containers.
The Hubbard facility currently employs around 70 people. In 2006, Ball purchased the plant as part of its acquisition of US Can.
Bway president and CEO Ken Roessler said: "This business is an excellent fit with the company's core market, add-on acquisition strategy.
“In addition to sales growth, this acquisition provides added capacity to enable us to better serve our customers on a national basis.”
With 25 plants across the US and Canada, the company currently manufactures rigid metal and plastic containers, including paint cans, steel pails, aerosol cans, F-style containers, monotop cans, pour top cans, ammunition boxes and an oil can.
Bway’s rigid plastic packaging includes pails, drums, and hybrid paint cans.
Ball food and aerosol packaging chief operating officer Jim Peterson said: “In today's competitive landscape, we must maintain our focus on generating positive EVA dollars and continue to maximise value in our core businesses to be successful over the long-term.”
The company provides innovative and sustainable packaging solutions for beverage, food and household products customers.