CCSI Cork Crowncap Database - Brewer/Bottler
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Brewer/bottler #2366 | | Name | The Crown Cork & Seal Company |
| Address | 1501-1523 1601-1637 Guilford Avenue |
| | | | | | | Extra info | 1892: William Painter invents the 'crown cork,' and soon starts the Crown Cork & Seal Company of Baltimore.
1927: Charles McManus, who patented Nepro Cork, a substitute for natural cork, merges the New Process Cork Company into Crown Cork & Seal Company, Inc.
1936: Acme Can Company is purchased, marking entry into can making.
1957: John F. Connelly takes over presidency and turns the company around.
1958: Company moves its corporate headquarters to Philadelphia.
1962: Company spends $121 million on a capital improvement program.
1970: R. Hoe & Company, a metal decorating firm, is acquired.
1977: Net sales reach $1 billion.
1989: William J. Avery takes over company leadership.
1989-91:Continental Can's Canadian, U.S., and overseas plants are purchased in three deals, costing a total of $791 million.
1992: Company pays $519 million for CONSTAR International, Inc., a leading maker of plastic containers for beverages, food, household items, and chemicals.
1993: Cleveland-based Van Dorn Company, a maker of metal, plastic, and composite containers, is acquired.
1996: $5.2 billion acquisition of France's Carnaud-Metalbox S.A. is completed, vaulting Crown Cork into the top position in the global packaging market. |
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