Ball Corporation Receives Innovator of the Year Award from MillerCoors
BROOMFIELD, Colo., May 30, 2013 /PRNewswire/ -- MillerCoors has chosen Ball Corporation (NYSE: BLL) as its 2012 Innovator of the Year. Ball will receive the award during a reception at MillerCoors' corporate headquarters in Chicago on May 30, 2013.
The Innovator of the Year Award recognizes Ball's contributions in beverage packaging innovation as a supplier to MillerCoors. Ball provides MillerCoors with aluminum beverage cans and aluminum bottles for many of its brands such as Coors Light and Miller Lite.
"We're honored to receive this recognition from our partners at MillerCoors," said Michael Hranicka, president for Ball's metal beverage packaging division, Americas. "The award recognizes the innovative metal packaging that has resulted from the close collaboration between MillerCoors and Ball. It is also a testament to the value we place on innovation and the total commitment at Ball to being close to our customers and understanding their needs and future direction."
The Innovator of the Year award is presented annually to recognize a supplier's contributions in areas such as innovation, quality, service, competitive cost, safety and corporate responsibility.
"Ball continues to raise the bar with their outstanding passion and dedication," said Jim Sheehy, vice president of procurement for MillerCoors. "It is through their commitment and partnership with MillerCoors that Ball stands out as Innovator of the Year."
In concert with MillerCoors, Ball creates innovative packaging technologies with the goal of delighting consumers. Some of the more recent innovations include Miller Lite's Punch Top™ can and Coors Light's latest for this summer, "The World's Most Refreshing Can."
MillerCoors is the second-largest beer company in the United States. Led by two of the best-selling beers in the industry, Coors Light and Miller Lite, MillerCoors has a broad portfolio of brands across every major industry segment. MillerCoors is a joint venture of SABMiller plc and Molson Coors Brewing Company. Learn more at MillerCoors.com, at facebook.com/MillerCoors or on Twitter through @MillerCoors.
Ball Corporation is a supplier of high quality packaging for beverage, food and household products customers, and of aerospace and other technologies and services, primarily for the U.S. government. Ball Corporation and its subsidiaries employ approximately 15,000 people worldwide and reported 2012 sales of more than $8.7 billion. For the latest Ball news and for other company information, please visit http://www.ball.com.
Forward-Looking Statements
This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties which could cause actual results to differ materially from those expressed or implied. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key risks and uncertainties are summarized in filings with the Securities and Exchange Commission, including Exhibit 99.2 in our Form 10-K, which are available on our website and at www.sec.gov. Factors that might affect our packaging segments include fluctuation in product demand and preferences; availability and cost of raw materials; competitive packaging availability, pricing and substitution; changes in climate and weather; crop yields; competitive activity; failure to achieve anticipated productivity improvements or production cost reductions; mandatory deposit or other restrictive packaging laws; changes in major customer or supplier contracts or loss of a major customer or supplier; political instability and sanctions; and changes in foreign exchange rates or tax rates. Factors that might affect our aerospace segment include: funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts. Factors that might affect the company as a whole include those listed plus: accounting changes; changes in senior management; the recent global recession and its effects on liquidity, credit risk, asset values and the economy; successful or unsuccessful acquisitions; regulatory action or laws including tax, environmental, health and workplace safety, including U.S. FDA and other actions affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; governmental investigations; technological developments and innovations; goodwill impairment; antitrust, patent and other litigation; strikes; labor cost changes; rates of return projected and earned on assets of the company's defined benefit retirement plans; pension changes; uncertainties surrounding the U.S. government budget and debt limit; reduced cash flow; interest rates affecting our debt; and changes to unaudited results due to statutory audits or other effects.
SOURCE Ball Corporation
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