Crown Holdings Completes $1 Billion Refinancing

Publish Date
Wednesday, September 1, 2004
PHILADELPHIA, Sept. 1 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK), announced today that it has completed its previously announced refinancing plan. The $1.05 billion refinancing consists of the sale of euro 350 million of 6.25% first priority senior secured notes due 2011 and a new $625 million senior secured credit facility which includes a $500 million revolving and letter of...

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PHILADELPHIA, Aug. 20 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) announced today a multi-million-dollar investment program in its Abilene, Texas beverage can plant to improve production efficiencies and reduce operating costs. Additionally, the Company and the United Industrial Workers (UIW) representing the employees of the Abilene plant have ratified a new Collective Bargaining Agreement effective until October 2007. "Crown...

Read the full article: Crown Upgrades Abilene Plant, Ratifies New Agreement With United Industrial Workers

PHILADELPHIA, Aug. 11 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) today announced that it has priced euro 350 million of 6.25% first priority senior secured notes due 2011. The notes will be issued at par by Crown European Holdings SA, a subsidiary of the Company, and will be unconditionally guaranteed by the Company and certain of its subsidiaries. Alan Rutherford...

Read the full article: Crown Holdings Announces Pricing of Euro 350 Million of Senior Secured Notes

Crabtree & Evelyn Launches Organic Product Line With Premium Closures From CROWN

New Capping Machinery Reduces Maintenance Costs, Triples Speed Potential

Publish Date
Thursday, August 5, 2004
PHILADELPHIA, Aug. 5 /PRNewswire-FirstCall/ -- CROWN Closures Europe, an affiliate of Crown Holdings, Inc. (NYSE: CCK) (Crown), is now supplying additional closures for an expanded selection of preserves from UK-based Crabtree & Evelyn after installing new capping machinery at C&E's new factory in Highbridge, UK. Crabtree & Evelyn has launched its "Duchy Originals Organic" gourmet food line that includes orange...

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PHILADELPHIA, Aug. 5 /PRNewswire-FirstCall/ -- Marketers of food, personal care, household and do-it-yourself products can achieve greater shelf impact and significantly enhance the convenience and consumer interaction with brands using innovative dispensing technology from CROWN Aerosols Europe, an affiliate of Crown Holdings, Inc. (NYSE: CCK) (Crown). Products such as mustard, honey, syrup, sun cream, hair gel, facial wash gels, sealants...

Read the full article: Build Stronger Brands With Innovative Line With Premium Closures From CROWN

PHILADELPHIA, Aug. 2 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) today announced that it is reviewing the terms of a potential issuance of senior secured notes in connection with commitments for a new revolving credit facility. The proceeds from such financing, which may be completed by the end of the third quarter, would be used to refinance the Company's existing...

Read the full article: Crown Holdings Announces Plan to Refinance Credit Facilities

PHILADELPHIA, July 22 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) announced today that David R. Underwood has been named President of CROWN Aerosol Packaging USA. He succeeds Fred J. Wareing, who has managed the business on an interim basis since March 2004. Underwood will report to Frank J. Mechura, President of CROWN Americas, Inc. "We are pleased to have...

Read the full article: David R. Underwood Appointed President, Crown Aerosol Packaging

PHILADELPHIA, Jul 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- Crown Holdings, Inc. (NYSE: CCK), today announced its financial results for the second quarter and six months ended June 30, 2004. Second Quarter Results Net sales in the second quarter rose to $1,836 million, up 6.4% over the $1,726 million in the second quarter of 2003. Americas Division net sales rose 4.2%...

Read the full article: Crown Holdings Reports Second Quarter 2004 Results; Segment Income Increases 20% to $166 Million

PHILADELPHIA, July 13 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) announces the shipment of the 25 billionth SuperEnd ® beverage end in North America. The innovative ends utilize a unique angled chuck-wall design, significantly reducing metal use and improving end performance while enhancing consumer satisfaction. Since its introduction in 2001, the ends have become an industry standard for beverage ends...

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PHILADELPHIA, June 24 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) will release its earnings for the second quarter ended June 30, 2004 after the close of trading on the New York Stock Exchange on Wednesday, July 14, 2004. The Company will hold a conference call to discuss its second quarter results at 11 a.m. (EDT) on Thursday, July 15, 2004...

Read the full article: Crown Holdings Schedules Second Quarter 2004 Earnings Conference Call

PHILADELPHIA, June 16 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK)(Crown) announces that leading French ready-made meal producer William Saurin has launched a new line of meat salads "Salades Gourmandes" in bowls featuring its Peel Seam(TM) peelable lids. After testing alternative packaging solutions, William Saurin concluded that a metal bowl with Peel Seam(TM) technology was the best option for providing consumer...

Read the full article: William Saurin Launches Ready-Made Meat Salads in Colorful, Peelable Bowl From Crown Holdings

PHILADELPHIA, June 10 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK)(Crown) has introduced its new AquaGuard(TM) plastic closure specifically designed for the bottled water industry. Produced by the company's affiliate, CROWN Beverage Closures, AquaGuard(TM) combines the economy of 26.7-mm sizing with tamper-proof technology and a triple thread bottle finish for easier, one-twist opening for the consumer. Made with a taste sensitive...

Read the full article: Crown Holdings New AquaGuard(TM) Closure Offers Water Bottlers a Fresh, Tamper-Proof Alternative

PHILADELPHIA, June 8 /PRNewswire-FirstCall/ -- Products packaged in small bottles and tubes for use as hotel amenities, product samples or travel sizes can now also feature a handy, trouble-free flip-top dispensing closure thanks to two new products from CROWN Zeller USA, an affiliate of Crown Holdings, Inc. (NYSE: CCK)(Crown). Crown's new 15-415 Smoothwall Flip-Top bottle closure is ideal for miniature...

Read the full article: Crown Adds Convenience and Functionality to Amenities, Samples and Travel-Size Products With New Flip-Top Dispensing Closures

PHILADELPHIA, June 7 /PRNewswire-FirstCall/ -- Processors of wild Alaskan salmon have a fresh choice in packaging with the launch of innovative Protact® steel cans from CROWN Food Packaging, an affiliate of Crown Holdings, Inc. (NYSE: CCK)(Crown). Constructed from advanced polymer-coated steel manufactured by Netherlands-based Corus Packaging Plus, the new Protact® can exceeds all FDA and European Union food safety standards...

Read the full article: Crown Holdings New Protact(R) Can Boosts Shelf Appeal, Simplifies Safety Compliance for Alaskan Salmon Processors

PHILADELPHIA, April 2 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) will release its earnings for the first quarter ended March 31, 2004 after the close of trading on the New York Stock Exchange on Wednesday, April 14, 2004. The Company will hold a conference call to discuss its first quarter results at 11 a.m. (EDT) on Thursday, April 15, 2004...

Read the full article: Crown Holdings Schedules First Quarter 2004 Earnings Conference Call

PHILADELPHIA, April 14 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK), today announced its financial results for the first quarter ended March 31, 2004. Net sales in the first quarter rose to $1,623 million, up 11.2% over the $1,460 million in the first quarter of 2003. Americas Division net sales increased 5.1% to $640 million and the European Division's net sales...

Read the full article: Crown Holdings Reports First Quarter 2004 Results; Segment Income Increases 35.8%

Crown Holdings Shaping Technology Licensed by Amcor Ltd. PHILADELPHIA, April 7 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) announced today the success of a special shaped can replicating a sports jersey for Victoria Bitter (VB), a popular Australian beer produced by Carlton & United Breweries (CUB), via a licensing agreement with Amcor Limited, the leading beverage can manufacturer in...

Read the full article: Innovative Cricket-Themed Shaped Can Adds Value in Competitive Australian Beer Market

PHILADELPHIA, April 6 /PRNewswire-FirstCall/ -- Sumolis S.A., a Portuguese manufacturer and distributor of juices and other beverages, has increased production speed on one of its key product lines from 18,000 to 24,000 bottles per hour - a 33% jump - with the help of CROWN Closures Europe, an affiliate of Crown Holdings, Inc. (NYSE: CCK) (Crown). After completing an in-depth...

Read the full article: CROWN Closures Europe Boosts Production Speed 33 Percent for Sumolis S.A.

PHILADELPHIA, April 6 /PRNewswire-FirstCall/ -- CROWN Speciality Plastics Europe, an affiliate of Crown Holdings, Inc. (NYSE: CCK) (Crown), today introduced its advanced synthetic stoppers to the wine and spirits markets, giving bottlers a vastly improved alternative to traditional cork stoppers. "Synthetic stoppers have distinct advantages over traditional cork products," says David McFadyen, Key Account Director, CROWN Speciality Plastics Europe. "With...

Read the full article: CROWN Speciality Plastics Europe Introduces Synthetic Cork Spirit Stoppers for Improved Performance, Custom Branding