watch
Crown Holdings, Inc.

Crown Holdings, Inc.

Sector: Metal Cans Region: PA, United States


: | New York Stock Exchange: CCK


Crown Holdings, Inc. is engaged in designing, manufacturing and sales of packaging products for consumer goods. The company's primary products include steel and aluminum cans for food, beverage, household and other consumer products and metal vacuum closures and caps. These products are manufactured in its plants both within and outside the United States and are sold through the company's sales organization to the soft drink, food, citrus, brewing, household products, personal care and various other industries. The company operates through three operating divisions: Americas, European and Asia-Pacific. The Americas Division operates through two reportable segments: Americas Beverage and North America Food. The Americas Beverage segment manufactures aluminum beverage cans and ends and steel crowns, commonly referred to as bottle caps. It includes beverage can operations in the U.S., Canada, Mexico and South America. The North America Food segment manufactures steel and aluminum food cans and ends and metal vacuum closures. It includes food can and metal vacuum closure operations in the U.S. and Canada. The European Division operates through three reportable segments: European Beverage, European Food and European Specialty Packaging. The European Beverage segment manufactures steel and aluminum beverage cans and ends. It includes beverage can operations in Europe, the Middle East and North Africa. The European Food segment manufactures steel and aluminum food cans and ends, and metal vacuum closures. It includes food can and metal vacuum closure operations in Europe and Africa. The European Specialty Packaging segment manufactures a wide variety of specialty containers, with numerous lid and closure variations. In the consumer market, the company manufactures a wide variety of steel containers for cookies and cakes, tea and coffee, confectionery, giftware, personal care, tobacco, wine and spirits, as well as non-processed food products. In the industrial market, the company manufactures steel containers for paints, inks, chemical, automotive and household products. It includes specialty packaging operations in Europe. The Asia-Pacific Division manufactures aluminum beverage cans and ends, steel food and aerosol cans and ends, and metal caps. The company was founded by William Painter in 1892 and is headquartered in Philadelphia, PA.

Executives

John W. Conway, Chairman of the Board, President and Chief Executive Officer
________________

News & Analysis