Ball Corporation, an American company, will open a new aluminum packaging plant in Frutal, State of Minas Gerais
The American 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 headquarters for aluminum packaging for beverages. 100 new jobs can be generated.
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The company said that since May, the increase in consumption of canned drinks has made its factories fully utilize their resources to meet consumer demand. In this case, the new factory will accompany the packaging market, which has been expanding in the last three years.
Fauze Villatoro, Commercial Vice President of Ball, said that "This announcement comes at a time when the market is demanding for cans and the new plant will expand our offer by 1,5 billion units per year", when saying that the factory in Minas Gerais, will significantly expand production capacity and grow the company's business in South America.
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The new factory is expected to start operating in the last quarter of 2021 and is consistent with expectations of growth in demand in the country in the coming years. Almost all the equipment for the canned food production line is purchased and a good part of it is already in Brazil.
The investment in the state of Minas Gerais will be the group's 11th factory in the country – the 9th dedicated to the production of canned food. Manaus and Recife also have two products specialized in the production of caps. In South America, Ball still has factories in Argentina, Chile and Paraguay, with a 49% market share in the region.
The state governor, Romeu Zema, said that “This is great news for us miners. We were able to attract a large investment to the state, R$ 504 million. This investment will bring more than 100 new jobs to the city of Frutal”.