Ball to Close Brampton, Ontario, Plastic Packaging Plant

BROOMFIELD, Colo., June 26 CO-BLL-CloseBrampton


BROOMFIELD, Colo., June 26 /PRNewswire-FirstCall/ -- Ball Corporation
(NYSE: BLL) announced today that it plans to close its plastic packaging
manufacturing plant in Brampton, Ontario. The closed operations will be
consolidated into the company's other plastic packaging manufacturing
facilities in North America. The closure is expected to occur by the end of
the third quarter of 2008.


The action will result in an after-tax charge of approximately $5 million,
of which approximately $2 million will be recorded in the second quarter of
2008. The remaining costs will be recorded in the second half of 2008 as they
are incurred. The closure is expected to result in annual, fixed-cost savings
of approximately $4 million beginning in 2009.


The Brampton plant manufactures polypropylene bottles for foods. Ball
acquired the facility in 2006 with the company's acquisition of certain North
American plastic bottle container assets of Alcan Packaging.


Brampton employees will be provided severance and outplacement services.
The plant employs approximately 90 people.



Ball Corporation is a supplier of high-quality metal and plastic packaging
for beverage, food and household products customers, and of aerospace and
other technologies and services, primarily for the U.S. government. Ball
Corporation and its subsidiaries employ more than 15,500 people worldwide and
reported 2007 sales of approximately $7.4 billion.



Forward-Looking Statements


This release contains "forward-looking" statements concerning future
events and financial performance. Words such as "expects," "anticipates,"
"estimates" and similar expressions are intended to identify forward-looking
statements. Such statements are subject to risks and uncertainties which could
cause actual results to differ materially from those expressed or implied. 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 risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2 in our
Form 10-K, which are available at our Web site and at http://www.sec.gov.
Factors that might affect our packaging segments include fluctuation in
product demand and preferences; availability and cost of raw materials,
including recent significant increases in resin, steel, aluminum and energy
costs, and the ability to pass such increases on to customers; competitive
packaging availability, pricing and substitution; changes in climate and
weather; crop yields; competitive activity; failure to achieve anticipated
productivity improvements or production cost reductions, including our
beverage can end project; mandatory deposit or other restrictive packaging
laws; changes in major customer or supplier contracts or loss of a major
customer or supplier; and changes in foreign exchange rates, tax rates and
activities of foreign subsidiaries. Factors that might affect our aerospace
segment include: funding, authorization, availability and returns of
government and commercial contracts; and delays, extensions and technical
uncertainties affecting segment contracts. Factors that might affect the
company as a whole include those listed plus: accounting changes; changes in
senior management; successful or unsuccessful acquisitions, joint ventures or
divestitures; integration of recently acquired businesses; regulatory action
or laws including tax, environmental, health and workplace safety, including
in respect of chemicals or substances used in raw materials or in the
manufacturing process; governmental investigations; technological developments
and innovations; goodwill impairment; antitrust, patent and other litigation;
strikes; labor cost changes; rates of return projected and earned on assets of
the company's defined benefit retirement plans; pension changes; reduced cash
flow; interest rates affecting our debt; and changes to unaudited results due
to statutory audits or other effects.



SOURCE  Ball Corporation