Ball Corp. to rebuild fire-damaged German plant, add line in Hermsdorf
Ball Corporation recently announced plans to replace the beverage-can manufacturing volume it lost in Europe when a fire damaged its plant in Hassloch, Germany, on April 1.
Prior to the fire, the Hassloch plant produced approximately 2 billion 33-cl and 50-cl steel beverage cans annually. Ball plans to rebuild the Hassloch facility as a two-line plant capable of producing 1.3 billion steel beverage cans annually. At the same time, Ball will add a second production line in its plant in Hermsdorf, Germany, to produce approximately 700 million aluminum beverage cans annually.
The total cost of the two projects is estimated to be approximately $112.7 million and is expected to be largely covered by insurance proceeds. Much of the necessary design work has been completed. Initial production is expected by the end of the first quarter of 2007.
"Demand for beverage cans in Europe continues to grow, with industry shipments up in excess of 7% thus far in 2006, over the same period last year," said R. David Hoover, chairman, president and CEO of Ball Corporation. "In Germany retail volumes are up considerably from the lows in recent years. Reinstalling all of our lost capacity will allow us to participate in the market growth and the anticipated comeback in Germany.
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Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey