Ball Stock Price, News & Analysis

Trane Technologies has appointed John Hayes, the former chairman and CEO of Ball Corporation, to its Board of Directors effective immediately. Hayes brings over 30 years of leadership experience in global industrial markets, having led Ball Corporation during a significant growth phase that doubled revenues and increased market capitalization sixfold. His strategic vision is expected to enhance Trane's initiatives towards sustainable innovation and long-term shareholder value. Hayes will serve on key committees focusing on human resources, compensation, sustainability, and corporate governance.

Ball Corporation (NYSE: BALL) is set to announce its first quarter 2023 earnings on May 4, 2023, before trading begins on the New York Stock Exchange. A quarterly conference call will follow at 9 a.m. Mountain time (11 a.m. Eastern time). Investors can access the call via a toll-free number or through a live webcast. A replay will be available for a limited time post-call. In 2022, Ball reported net sales of $15.35 billion. The company specializes in sustainable aluminum packaging solutions and has a global workforce of 21,000. For further details, visit Ball's official website.

Clayton, Dubilier & Rice (CD&R) has appointed John Hayes, the former Chairman and CEO of Ball Corporation, as an Operating Advisor focusing on the industrials sector. Hayes, who served Ball from 1999 and held the CEO role from 2011, significantly drove the company's growth, increasing annual revenues to approximately $15 billion and market capitalization from $5 billion to nearly $30 billion. His expertise will assist CD&R's investment teams and portfolio companies. Hayes's leadership in the acquisition of Rexam Plc for $8.5 billion further showcases his strategic value for CD&R's initiatives.

Ball Corporation (NYSE: BALL) has informed its employees and union about a potential closure of its Wallkill, New York plant, which has been in operation since 1972. The decision comes as the company evaluates difficulties in expanding the facility due to space and equipment constraints. Ball aims to transition unique can sizes produced at Wallkill to other facilities within its extensive network to better serve its customers. The closure discussions reflect Ball's strategy to adapt to changing customer needs while maximizing production efficiency across its 20 metal beverage container plants.

Ball Aerospace successfully launched a prototype payload on January 3, 2023, as part of Loft Orbital's YAM-5 mission aboard a SpaceX rocket. The payload, equipped with Linux-based software, is designed for real-time data processing and features containerized applications adjustable on-orbit. Developed in just eight months, it aims to optimize space data processing, leveraging Microsoft’s Azure Orbital Space SDK. The collaboration demonstrates Ball's commitment to innovative and efficient solutions in low-Earth orbit operations, enhancing capabilities for future missions and reducing engineering costs.

Ball Corporation (NYSE: BALL) announced the election of Daniel W. Fisher as chairman of the board, effective April 26, 2023, during the annual shareholders meeting. Fisher, who has been with Ball since 2010 and became CEO in 2022, replaces John A. Hayes, the former chairman since 2013, who will not seek re-election. Fisher's leadership has been recognized for navigating challenges in the macroeconomic environment while driving the company's vision for sustainability and innovation. Ball Corporation reported 2022 net sales of $15.35 billion and employs approximately 21,000 people worldwide.

Ball Aerospace has secured a subcontract for the NOVASTAR program under the National Air and Space Intelligence Center (NASIC) at Wright-Patterson Air Force Base. This 11-year agreement will provide scientific and technical intelligence support to the U.S. Air Force and Department of Defense. Steven Smith, VP at Ball Aerospace, emphasizes the use of advanced technologies to assist decision-makers and support military personnel. The contract builds on decades-long collaboration with NASIC, previously including work on the MEGASTAR program. Ball Aerospace aims to deliver innovative solutions enhancing national security.

Ball Corporation (NYSE: BALL), a leader in aluminum packaging and aerospace technologies, will present at the BofA Securities 2023 Global Agriculture & Materials Conference on March 1, 2023. Executive Vice President and CFO Scott C. Morrison will speak at 9:30 a.m. Eastern Time. Investors can access the live webcast via the provided link and view the replay for 90 days afterward on the company's investor relations page. Ball Corporation reported $15.35 billion in net sales for 2022 and employs approximately 21,000 people worldwide, specializing in sustainable packaging solutions and aerospace technologies.