Alcan sells Brampton, Ont. plastic bottle plant
Canadian Plastics
Alcan Packaging has sold part of its North American packaging plastic bottle business, including a production plant in Brampton, Ont., to plastic and metal packaging supplier Ball Corp</strong...
Alcan Packaging has sold part of its North American packaging plastic bottle business, including a production plant in Brampton, Ont., to plastic and metal packaging supplier Ball Corp. for US$180 million.
The transaction is expected to close by the end of the first quarter of 2006, and does not include Alcan’s pharmaceutical plastic bottle operations.
In addition to the Brampton plant, the operations to be sold are located in Batavia, Ill., and Bellevue, Ohio. Approximately 470 people are employed in these facilities. Ball will also acquire equipment and other assets at Alcan’s Newark, Calif., plant and its Neenah, Wis., research facility.
The facilities being sold produce barrier polypropylene (PP) plastic bottles and barrier polyethylene terephthalate (PET) plastic bottles.
Alcan Packaging, a division of the Alcan Group, produces flexible packaging for both the food and pharmaceutical industries.
Ball Corp. is headquartered in Broomfield, Colo. The company has PET plants in Chino, Calif.; Ames, Iowa; Delran, N.J.; Baldwinsville, N.Y.; and Watertown, Wis.
