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Return To Packaging Article Archive   Search the Article Archives Alcan to Sell Selected North American Plastic Bottle Assets to Ball Corporation By Marcel Cobs Alcan to Sell Selected North American Plastic Bottle Assets to Ball Corporation Alcan Inc. has announced that it has reached an agreement to sell selected assets of its North American Packaging Plastic Bottle business to Ball Corporation for US$180 million. The sale, which is subject to compliance with the Hart-Scott-Rodino Act of 1976, is part of Alcan Packagings ongoing refocusing of its global activities on selected growth segments. 'With this sale, Alcan Packaging takes another significant step in our continued strategy of focusing resources on markets where we enjoy scale and leadership positions,' said Christel Bories, President and Chief Executive Officer, Alcan Packaging. 'We are confident that the bottle business assets to be sold will benefit from new opportunities and realize their full growth potential with Ball, a company recognized for its commitment to the segment,' said Ilene Gordon, President, Alcan Packaging Food Americas. The assets to be sold include operations in Batavia, Illinois; Bellevue, Ohio; Newark, California; and Brampton, Ontario. These operations employ approximately 470 people. The sale does not include Alcan Packagings pharmaceutical plastic bottle operations. For more packaging news and articles go to http://www.packaging-industrycom and the Packaging-Blog at http://packaging.beeplog.com About the Author: For more input about this topic as well as other filling and packaging news and articles please visit http://www.packaging-industrycom and the packaging blog at http://packaging.beeplog.com - Note:This article can be copied and changed without further permission as long as you leave the original sense and meaning as well as the links within it unchanged and active. Bosch Packaging Technology

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