Canmaker Ball on acquisition trail

February 2: Leading US-based canmaker Ball Corporation gave the strongest signal yet that it will again be investing in growing geographical markets after earlier this week it posted annual results that were 15 percent up.
With sales reaching US$6.62 billion in 2006, shipments of beverage cans grew by 4 percent in North America, by more than 8 percent in Europe and by “double digits” in China over 2005 levels, said the company’s chief executive David Hoover. Net profit was $329.6m, 21 percent up on 2005.

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