R$ 504 Million Investment – Minas Gerais State to Receive Aluminum Packaging Plant

Written by Roberta Souza

Published on 30/10/2020 at 15:16

Fábrica de alumínio em Minas Gerais

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Ball Corporation, A U.S. Company, Will Open A New Aluminum Packaging Factory in Frutal, State of Minas Gerais

The U.S. company Ball Corporation will invest R$ 504 million in a new aluminum packaging factory in Frutal, state of Minas Gerais. With the investment, this factory will be the largest aluminum packaging plant for beverages. 100 new jobs may be generated.

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The company said that since May, the increase in the consumption of canned beverages led its factories to fully utilize their resources to meet consumer demand. In this case, the new factory will keep pace with the packaging market, which has been expanding over the last three years.

Fauze Villatoro, Commercial Vice President of Ball, said that “This announcement comes at a time when the market demands cans and the new plant will increase our supply by 1.5 billion units per year,” stating that the factory in Minas Gerais will significantly expand production capacity and boost the company’s business in South America.

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R$ 504 Million Investment – Minas Gerais State to Receive Aluminum Packaging Plant

Ball Corporation, A U.S. Company, Will Open A New Aluminum Packaging Factory in Frutal, State of Minas Gerais

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R$ 504 Million Investment – Minas Gerais State to Receive Aluminum Packaging Plant

Ball Corporation, A U.S. Company, Will Open A New Aluminum Packaging Factory in Frutal, State of Minas Gerais

Check Out Other News of The Day:

The end of Nokia: the brand that was the cellphone of an entire generation has ended its smartphones, left Brazil, and today survives only in basic phones in India while seeking a new partner.

Dissatisfied with seeing people sleeping on the street, a man named Ryan Donais started building small mobile homes so that homeless people can escape the cold, each equipped with a bed, running water, electricity, and heating.

Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

China has put millions of electric cars on the roads, but now faces the side effect: more than 1 million tons of batteries are expected to go out of use per year by 2030, while the government expands tracking and combats illegal dismantling with environmental risks.

An Indonesian fisherman pulls a mysterious object from the sea and discovers that it is a Chinese underwater monitoring system, part of the so-called Underwater Great Wall that Beijing uses to track submarines and unmanned vehicles in strategic straits of the region.

Couple surprises by purchasing a village abandoned for 50 years in Spain for R$ 2 million and will rebuild about 60 stone houses in ruins and start a plan to restore everything as a self-sufficient ecovillage with solar energy, community gardens, and sustainable living.

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