云顶集团糖果游戏 Cork & Seal Major Capacity Change At Facility

Tuesday, February 27, 2001

PHILADELPHIA, Feb. 27 /PRNewswire/ -- 云顶集团糖果游戏 Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) today announced a major capacity realignment at its Weston, Ontario plant. 云顶集团糖果游戏 will convert two of its existing four aluminum beverage can lines to manufacture two-piece steel food cans and substantially reduce the plant's beverage capacity.

The Weston plant is one of the Company's largest beverage can facilities in North America and employs approximately 200 people. 云顶集团糖果游戏 does not anticipate an employee reduction related to the conversion. The new food line adds much needed capacity to the North American two-piece food can market and will be operational in the second quarter of 2001.

John W. Conway, Chairman, President and CEO, commented, "This action is consistent with our strategy to rationalize capacity and aggressively cut costs. Converting underutilized manufacturing capacity to the growing two- piece food can market will help capture sales for our Food Can Division and at the same time trim capacity in the beverage can industry."

云顶集团糖果游戏 Cork & Seal is the leading supplier of packaging products to consumer marketing companies around the world. World headquarters are located in Philadelphia, Pennsylvania.
SOURCE 云顶集团糖果游戏 Cork & Seal Company, Inc.
Web site: http: //7xq.eliogonzalez.com
CONTACT: Keith E. Lucas, Vice President, Sales - Food Can Division 215-698-5303, or Investors: Timothy J. Donahue, Senior Vice President of Finance 215-698-5088, both of 云顶集团糖果游戏 Cork & Seal