BROOMFIELD, Colo., March 20, 2018 /PRNewswire/ -- Ball Corporation (NYSE: BLL) and its employees are continuing their strong support of local communities worldwide through a range of activities to increase recycling rates, prepare for and respond to disasters, and strengthen the communities where we live and operate.
These efforts build upon Ball's legacy of community investment The Ball Foundation, Ball Corporation and its employees supported more than 2,000 non-profits around the world in 2017, including more than $5 million in charitable donations in communities where the company operates.
North American employees logged more than 38,000 hours of volunteer service – 4,000 more hours than in 2016.
"For nearly 140 years, Ball employees have actively supported local communities because it's the right thing to do," said Chris Chavez, director of global corporate citizenship and executive director of The Ball Foundation. "Community engagement is a key part of our company culture and we are proud of the positive impact of Ball employees across the globe."
In the United States, The Ball Foundation continued to focus on its four funding pillars, investing nearly $1.5 million in community programs that make an impact in areas of recycling, disaster preparedness and relief, food security and Science, Technology, Engineering and Math education.
In partnership with our customers, Ball donated millions of cans for drinking water that assisted massive disaster relief efforts in Mexico, Puerto Rico and in several U.S. states. Globally, Ball's manufacturing plants operating in 35 countries donated nearly $1 million for projects focused on recycling, food and school supply drives to benefit causes and charitable organizations in their local communities.
About The Ball Foundation
The Ball Foundation is a 501(c)(3) nonprofit, private foundation. Founded in December 2010, the Ball Foundation's mission is to provide financial support to nonprofit organizations that sustain the communities in which we live and operate by improving and promoting education, recycling and community engagement. For more information about the Ball Foundation, please visit www.ball.com/ball-foundation.
About Ball Corporation
Ball Corporation supplies innovative, sustainable packaging solutions for beverage, food and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 18,300 people worldwide and reported 2017 net sales of $11 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.
Forward-Looking Statements
This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates," "believes," "targets," "likely" and similar expressions typically identify forward-looking statements, which are generally any statements other than statements of historical fact. Such statements are based on current expectations or views of the future and are subject to risks and uncertainties, which could cause actual results or events to differ materially from those expressed or implied. You should therefore not place undue reliance upon any forward-looking statements and any of such statements should be read in conjunction with, and, qualified in their entirety by, the cautionary statements referenced below. 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 factors, risks and uncertainties that could cause actual outcomes and results to be different are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in our Form 10-K, which are available on our website and at www.sec.gov. Additional factors that might affect: a) our packaging segments include product demand fluctuations; availability/cost of raw materials; competitive packaging, pricing and substitution; changes in climate and weather; competitive activity; failure to achieve synergies, productivity improvements or cost reductions; mandatory deposit or other restrictive packaging laws; customer and supplier consolidation, power and supply chain influence; changes in major customer or supplier contracts or a loss of a major customer or supplier; political instability and sanctions; currency controls; changes in foreign exchange or tax rates, including due to the effects of the 2017 U.S. Tax Cuts and Jobs Act; and tariffs on imported raw materials, including pursuant to section 232 of the U.S. Trade Expansion Act of 1962; b) our aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) the company as a whole include those listed plus: changes in senior management; regulatory action or issues including tax, environmental, health and workplace safety, including U.S. FDA and other actions or public concerns affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; technological developments and innovations; litigation; strikes; labor cost changes; rates of return on assets of the company's defined benefit retirement plans; pension changes; uncertainties surrounding geopolitical events and governmental policies both in the U.S. and in other countries, including the U.S. government elections, budget, sequestration and debt limit; reduced cash flow; ability to achieve cost-out initiatives and synergies; interest rates affecting our debt; and successful or unsuccessful acquisitions and divestitures, including with respect to the Rexam PLC acquisition and its integration, or the associated divestiture; the effect of the acquisition or the divestiture on our business relationships, operating results and business generally.
SOURCE Ball Corporation