Ball To Consolidate Capacity in North American Food & Household Products Packaging Business

   Ball To Consolidate Capacity in North American Food & Household Products
                              Packaging Business


- The company's Elgin, Ill., food and aerosol packaging plant will cease
production in December 2013

- Ball will supply the plant's customers from other Ball facilities

- These actions will result in a total after-tax charge of approximately $21

PR Newswire

BROOMFIELD, Colo., Feb. 12, 2013

BROOMFIELD, Colo., Feb. 12, 2013 /PRNewswire/ -- Ball Corporation (NYSE:BLL)
announced today that it will cease production at the company's Elgin, Ill.,
food and aerosol packaging manufacturing plant in December 2013. The plant's
customers will be supplied by other Ball facilities.

"Closing Elgin reduces capacity and, coupled with other changes within our
manufacturing system, will enable us to maximize value in our existing
business by supplying customers from a consolidated asset base and
redistributing some manufacturing operations within our system," said Michael
W. Feldser, chief operating officer of Ball's global metal food and household
products packaging business.

The Elgin plant produces aerosol and specialty steel cans as well as flat
steel sheet used by other Ball food and household products packaging
facilities. The plant's 245 employees will be provided benefits, including
outplacement and severance pay, in accordance with company policies and the
effects bargaining process. Elgin employees can apply for open positions
within Ball.

Ball will report an after-tax charge of approximately $21 million for this
closure, the majority of which will be recorded in 2013.

Ball Corporation is a supplier of high quality 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 approximately 15,000 people worldwide and reported 2012
sales of more than $8.7 billion. For the latest Ball news and for other
company information, please visit

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 on our website and at Factors that
might affect our packaging segments include fluctuation in product demand and
preferences; availability and cost of raw materials; 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; mandatory deposit or other
restrictive packaging laws; changes in major customer or supplier contracts or
loss of a major customer or supplier; political instability and sanctions; and
changes in foreign exchange rates or tax rates. 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; the recent global recession and its effects on liquidity,
credit risk, asset values and the economy; successful or unsuccessful
acquisitions; regulatory action or laws including tax, environmental, health
and workplace safety, including U.S. FDA and other actions affecting products
filled in our containers, or 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;
uncertainties surrounding the U.S. government budget and debt limit; reduced
cash flow; interest rates affecting our debt; and changes to unaudited results
due to statutory audits or other effects.

SOURCE Ball Corporation

Contact: Investor Contact, Ann T. Scott, +1-303-460-3537,, or
Media Contact, Scott McCarty, +1-303-460-5774,
Press spacebar to pause and continue. Press esc to stop.