Ball Corporation
American aerospace and metal food and beverage container manufacturer / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Ball Corporation?
Summarize this article for a 10 year old
Ball Corporation is an American company headquartered in Westminster, Colorado. It is best known for its early production of glass jars, lids, and related products used for home canning. Since its founding in Buffalo, New York, in 1880,[2] when it was known as the Wooden Jacket Can Company, the Ball company has expanded and diversified into other business ventures, including aerospace technology. It eventually became the world's largest manufacturer of recyclable metal beverage and food containers.
Company type | Public |
---|---|
ISIN | US0584981064 |
Industry | |
Founded | 1880; 144 years ago (1880) |
Headquarters | Westminster, Colorado, U.S. |
Key people | Dan Fisher (CEO) |
Products | Metal containers, packaging, space manufacturing |
Revenue | US$14.0 billion (2023) |
US$1.27 billion (2023) | |
US$711 million (2023) | |
Total assets | US$19.3 billion (2023) |
Total equity | US$3.84 billion (2023) |
Number of employees | c.ā21,000 (December 2023) |
Subsidiaries | Ball Aerospace (1956ā2024) |
Website | ball |
Footnotes / references Financials as of December 31, 2023[update][1] |
The Ball brothers renamed their business the Ball Brothers Glass Manufacturing Company, incorporated in 1886. Its headquarters, as well as its glass and metal manufacturing operations, were moved to Muncie, Indiana, by 1889. The business was renamed the Ball Brothers Company in 1922 and the Ball Corporation in 1969. It became a publicly traded stock company on the New York Stock Exchange in 1973.
Ball left the home canning business in 1993 by spinning off a former subsidiary (Alltrista) into a free-standing company, which renamed itself Jarden Corporation. As part of the spin-off, Jarden is licensed to use the Ball registered trademark on its line of home-canning products. Today, the Ball brand for mason jars and home canning supplies belongs to Newell Brands.