CROWN BREAKS GROUND ON THE COMPANY'S FIRST BEVERAGE CAN MANUFACTURING FACILITY IN INDIA

Crown advances its entry into India with a 2.2 billion-can plant in Uttar Pradesh, keeping full-year capex expectations at about $550 million.

Rhea-AI Summary

Crown Holdings (CCK) held a groundbreaking ceremony on September 9, 2026 for its first beverage can manufacturing facility in India, located in Unnao, Uttar Pradesh.

The state-of-the-art plant, first announced in April 2026, will feature two production lines with an annual capacity of approximately 2.2 billion aluminum beverage cans, with operations scheduled to begin in the second half of 2027. During the event, Crown received the official land allotment letter from the Government of Uttar Pradesh, marking another milestone in the project. The company said the investment underlines its long-term commitment to India, supports growing demand across alcoholic and non-alcoholic beverage categories, and reinforces its focus on high-growth markets. Crown continues to expect full year capital expenditures of approximately $550 million.

Positive

• First India facility with capacity of about 2.2 billion cans annually
• Operations targeted to commence in the second half of 2027
• Full-year capital expenditures expected to be approximately $550 million

Negative

• None.

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TAMPA, Fla., Sept. 11, 2026 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) celebrated on September 9, 2026 the groundbreaking of its first beverage can manufacturing facility in India, marking a major milestone in the Company's expansion into one of the world's fastest-growing beverage markets. The ceremony brought together Crown leaders, local government representatives, customers and guests to commemorate the start of construction on the new facility in Unnao, Uttar Pradesh.

Announced in April 2026, the state-of-the-art plant will feature two production lines with an annual capacity of approximately 2.2 billion aluminum beverage cans. Operations are scheduled to commence in the second half of 2027.

The groundbreaking ceremony, which reflected local traditions and marked the official commencement of construction, underscored Crown's long-term commitment to India and the state of Uttar Pradesh. Following the event, Crown executives had the honor of meeting with the Honorable Chief Minister of Uttar Pradesh, Shri Yogi Adityanath, to discuss the progress of the Company's investment and its vision for supporting the continued growth of the beverage industry in India. During the meeting, Crown received the official land allotment letter for the project, representing another important milestone in the development of the Company's first beverage can manufacturing facility in the country.

Djalma Novaes, Executive Vice President and Chief Operating Officer, said: "This investment reflects Crown's confidence in the future of the Indian beverage market, and the growing role of the beverage can as a sustainable packaging solution. The Unnao facility will combine advanced manufacturing technology, operational excellence and responsible resource management to support our customers' growth while creating long-term value for the region."

Designed to incorporate advanced manufacturing technologies and the highest quality and sustainability standards, the facility will support growing demand for aluminum beverage cans across both alcoholic and non-alcoholic beverage categories. The investment reinforces the Company's commitment to serving customers in high-growth markets and reflects the strong partnership Crown has established with the Government of Uttar Pradesh.

The Company continues to expect full year capital expenditures of approximately $550 million.

About Crown Holdings, Inc.
Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida. Learn more at www.crowncork.com.

For more information, contact:
Kevin C. Clothier, Senior Vice President and Chief Financial Officer, (215) 698-5281, or
Thomas T. Fischer, Vice President, Investor Relations and Corporate Affairs, (215) 552-3720

View original content:https://www.prnewswire.com/news-releases/crown-breaks-ground-on-the-companys-first-beverage-can-manufacturing-facility-in-india-302876374.html

SOURCE Crown Holdings, Inc.

FAQ

Where will Crown's first beverage can manufacturing facility in India be located?

The new beverage can manufacturing facility will be located in Unnao, Uttar Pradesh, in India.

What production capacity is planned for the new Crown facility in India?

The Unnao plant is designed with two production lines and an annual capacity of approximately 2.2 billion aluminum beverage cans.

When is the new India beverage can plant expected to start operations?

Operations at the Unnao facility are scheduled to commence in the second half of 2027.

What recent milestone did Crown achieve for its India facility project?

Crown received the official land allotment letter for the Unnao project, following the groundbreaking ceremony.

How does the investment in Unnao align with Crown's broader strategy?

The company said the investment reinforces its commitment to serving customers in high-growth markets and supports rising demand for aluminum beverage cans across both alcoholic and non-alcoholic beverage categories in India.

What level of capital expenditure does Crown expect for the full year?

The company continues to expect full year capital expenditures of approximately $550 million.