Crown Holdings Enhances Capacity with New Production Line in Brazil

Crown Holdings, Inc. (NYSE: CCK) has announced exciting developments for its beverage can production facility located in Ponta Grossa, Brazil. The company is gearing up to enhance its operational capacity by introducing a new, high-speed production line. This strategic move aims to cater to the growing demands of alcohol and non-alcohol beverage markets in the southern region of Brazil.

A Step Forward in Production Capacity

The Ponta Grossa plant, which was established in 2011, currently operates two high-speed production lines, achieving an impressive annual output capacity of 2.4 billion cans. Once the third line is operational, this facility is projected to boost its capacity significantly, allowing for the production of up to 3.6 billion cans annually. This expansion will mark the plant as the largest operation within Crown's portfolio in Brazil, signifying a substantial upgrade in the company’s capabilities in this thriving market.

Commercial production on the new line is anticipated to commence in the third quarter of 2026, providing a timely boost to meet the expected surge in demand for beverage cans as consumer markets continue to evolve and expand.

Solid Financial Foundations

Crown Holdings has affirmed its confidence in maintaining robust financial guidance for the fiscal year 2025, projecting an estimated adjusted free cash flow of approximately $800 million. This financial health is complemented by expected capital expenditures around $450 million, illustrating the company's commitment to investment and growth in key operational areas.

Crown Holdings specializes in the production of rigid packaging solutions for various consumer needs. The addition of this new line in Ponta Grossa reflects the company's ongoing commitment to enhancing its manufacturing capabilities to serve its customers better across diverse beverage categories.

About Crown Holdings, Inc.

Based in Tampa, Florida, Crown Holdings is a global leader in rigid packaging solutions. They provide a wide range of products aimed at meeting consumer demands while also offering transit and protective packaging solutions across a broad spectrum of industries. To learn more about their offerings and expansion plans, interested parties can visit www.crowncork.com.

In conclusion, the extension of the Ponta Grossa facility serves not only to improve production capacity but also positions Crown Holdings favorably within the competitive beverage packaging market. With the anticipated operational launch in 2026, the move underscores the company’s proactive approach in responding to market needs while securing its place as a top supplier in Brazil’s beverage industry.