Press Release From: Ball Aerospace and Technologies Corp.
Posted: Tuesday, January 4, 2022
Ball Corporation (NYSE: BLL) today announced that The Ball Foundation will donate $1 million and deploy other disaster relief efforts to support communities in Colorado devastated by the recent wildfires.
To support victims of the Marshall fire, Ball coordinated with the governor's office to ensure any support was directed at the most local and targeted level, and will contribute $1 million to the Community Foundation Boulder County, benefiting the Boulder County Wildfire Fund, which is working closely with local government and nonprofit partners to coordinate, align resources and fill gaps to support those most impacted by the wildfire. The Ball Foundation will match employee donations as part of the company's ongoing community giving support efforts in addition to working with local partners, to assess local clean drinking water needs and will distribute canned water as needed.
"Our thoughts are with everyone impacted by the terrible wildfire that hit our home state of Colorado last week," said John Hayes, chairman and CEO of Ball. "Many Ball employees live and work in the areas impacted by the sudden wildfire outbreak and have experienced the devastation firsthand. This is our community and we're committed to helping with recovery and rebuilding efforts both financially and by mobilizing our employee base through volunteer recovery efforts."
Ball employs approximately 7,000 people in Colorado and has been part of the community for over 65 years. Ball's operations have not been impacted by the fires.
About The Ball Foundation
The Ball Foundation is a 501(c)(3) nonprofit, private foundation. Founded in December 2010, 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 education, recycling and community engagement. For more information about the Ball Foundation, please visit our foundation website.
About Ball Corporation
Ball Corporation supplies innovative, sustainable aluminum 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 21,500 people worldwide and reported 2020 net sales of $11.8 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," 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 they 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 capacity, supply, and demand constraints and fluctuations and changes in consumption patterns; availability/cost of raw materials, equipment, and logistics; competitive packaging, pricing and substitution; changes in climate and weather; footprint adjustments and other manufacturing changes, including the startup of new facilities and lines; failure to achieve synergies, productivity improvements or cost reductions; unfavorable mandatory deposit or packaging laws; customer and supplier consolidation; power and supply chain interruptions; changes in major customer or supplier contracts or loss of a major customer or supplier; inability to pass through increased costs; political instability and sanctions; currency controls; changes in foreign exchange or tax rates; and tariffs, trade actions, or other governmental actions, including business restrictions and shelter-in-place orders in any country or jurisdiction affecting goods produced by us or in our supply chain, including imported raw materials; 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 above plus: the extent to which sustainability-related opportunities arise and can be capitalized upon; changes in senior management, succession, and the ability to attract and retain skilled labor; regulatory actions or issues including those related to tax, ESG reporting, competition, 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; the ability to manage cyber threats; litigation; strikes; disease; pandemic; labor cost changes; inflation; rates of return on assets of the Company's defined benefit retirement plans; pension changes; uncertainties surrounding geopolitical events and governmental policies, including policies, orders, and actions related to COVID-19; reduced cash flow; interest rates affecting our debt; and successful or unsuccessful joint ventures, acquisitions and divestitures, and their effects on our operating results and business generally.
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