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Philadelphia, PA – February 21, 2017. In 1892, William Painter changed the trajectory of the beverage industry with the invention of the bottle cap (also known as the crown cork). Throughout 2017, Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com), the company that Painter founded, will be celebrating its 125th anniversary by highlighting its long-standing commitment to innovation, quality and sustainability.
“From the beginning, Crown has delivered technologies that enhance the experience consumers have with products through packaging,” said Timothy Donahue, President and Chief Executive Officer of Crown. “That pioneering mindset and spirit of curiosity still drives us today. That approach has also been instrumental in our ability to help our customers build their brands regionally and globally and to set new standards for convenience, production efficiency and sustainability.”
Since its founding as the Crown Cork & Seal Company of Baltimore, Inc., Crown has built a diversified portfolio of metal packaging technologies to support the beverage, food, personal care, household and luxury markets. It currently operates 146 plants in 36 countries and employs approximately 24,000 people.
In addition to the crown cork, Crown has introduced several breakthrough technologies to the market:
“We are proud to be celebrating this milestone and are excited about the growth opportunities for metal packaging,” summarized Donahue. “For example, some of our latest efforts are designed to help brands add value to metal packaging through digital functionality and applications. We look forward to continuing to deliver innovations that respond to the evolving needs and values of brand owners and consumers alike.”
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