Ball Corp Declared New Partnership to Boost Aluminum Recycling

SEATTLE (Scrap Monster): Ball Corporation- the leading provider of aluminum beverage packaging announced that it has entered into a partnership with Manna Capital Partners- a minority-owned business enterprise and investment firm.

Further to the deal, Manna will construct and operate a state-of-the-art aluminum can sheet rolling mill and recycling center in Los Lunas, New Mexico. Ball Corp. will have a minority equity position in the mill. Also, it will enter into a long-term supply agreement with the mill.

The deal is expected to create a more robust and sustainable domestic supply chain for the growing beverage packaging market. Incidentally, the global aluminum can demand is projected to rise significantly by 2030, with North America likely to account for a sizeable part of the growth.

Ulysses L. "Junior" Bridgeman, Managing Partner of Manna Capital Partners said that it looks forward to partnering with Ball to improve supply chain efficiencies through domestic production of more sustainable aluminum. Meantime, Dan Fisher, President and CEO of Ball Corporation said that the alliance complements the significant manufacturing investments Ball has made across the Southwest U.S. since 2020 to meet growing demand for sustainable beverage packaging.

The mill is expected to be operational in 2026.

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