Crown Holdings Inc CCK

Crown Is Well Positioned to Capitalize on Long-Term Aluminum Can Demand

Crown Holdings is the world's second-largest producer of aluminum beverage cans. Used primarily for carbonated soft drinks and beer, aluminum cans are historically a low-growth industry but one with favorable competitive dynamics for incumbents. Crown operates 200 manufacturing plants across 40 countries and continues to evaluate new markets for its products. In recent years, Crown has divested from specific industries (such as its European food and aerosol businesses) as it increases its focus on producing aluminum cans in markets where it can earn strong economic profits.