BROOMFIELD, Colo., March 26, 2019 — Ball Corporation was honored with the inaugural Founding Sponsor Award by Colorado For Inspiration and Recognition of Science and Technology (FIRST®) in appreciation of the company’s long-term support of the program.
Ball received the award at the 2019 FIRST Robotics Competition Colorado Regional on Friday, March 22, at the University of Denver Ritchie Center.
“Ball values the importance of the ColoradoFIRST program in helping young minds develop an interest in science, technology, engineering and math,” said Chris Chavez, director, global corporate citizenship and corporate relations at Ball. “Ball is proud to support this mission with grants, mentors, judges and in-kind donations, and this year alone 20 Ball employees are mentoring 12 high school teams in the regional robotics competition.”
Over the years, The Ball Foundation has provided grants totaling nearly $200,000 to ColoradoFIRST. Through the company’s matching gift and volunteer reward programs, Ball employees have provided an additional $13,000 in donations with more than 220 mentors volunteering nearly 10,000 hours.
This year, which is the 15th anniversary of the FIRST Robotics Competition Colorado Regional, more than 50 high schools and organizations brought students, teachers, mentors, sponsors and family members to participate in the competition. Teams compete at this high-tech sporting event for honors in design excellence, sportsmanship, teamwork―and for qualification to compete in the global championship.
Founded by inventor Dean Kamen, who introduced the Slingshot™ water purification system and the “Luke” robotic prosthetic arm, FIRST was created to inspire an appreciation of science and technology in young people, their schools and communities.
About The Ball Foundation
The Ball Foundation is a 501(c)(3) nonprofit, private foundation. 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 recycling, disaster preparedness and relief, food security, and STEM education. For more information about The Ball Foundation, please visit www.ball.com/community.
About Ball Corporation
Ball Corporation supplies innovative, sustainable packaging solutions for beverage, personal care 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 17,500 people worldwide and reported 2018 net sales of $11.6 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," "positions" 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 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 and logistics; competitive packaging, pricing and substitution; changes in climate and weather; footprint adjustments and other manufacturing changes; 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, trade actions, or other governmental actions in any country affecting goods produced by us or in our supply chain, including imported raw materials, such as 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; interest rates affecting our debt; and successful or unsuccessful joint ventures, 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.
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