Long production interruption at Metsä Board’s Kemi board mill

Winners of the 2022 awards, which cover achievements in 2021, are as follows: The Environmental Sustainability Award recognizes excellence in environmental protection by minimizing the impact of the Company's operations, reducing material consumption or improving recycling or reuse. Our Chihuahua, Mexico beverage glass plant received this award for saving over 15.5 million gallons of water and improving the quality of the facility's wastewater. The Dahej, India plant in Crown's Transit Packaging Division received the Sustainability Award for Safety for its comprehensive approach to workplace safety and extensive track record of incident-free days – which currently stands at 2,342, or approximately six-and-a-half years. Crown's Conroe, Texas beverage can plant received the Social Sustainability Award, which recognizes activities that significantly impact the well-being of the workforce and/or the local community. The team has demonstrated a steadfast commitment to their community by participating in mentorship programs, food drives, job fairs and many other volunteer opportunities.

Net sales for the third quarter of 2017 were $1.27 billion, an increase of $127.3 million, or 11.2 percent, as compared to $1.14 billion in 2016. This increase was the result of higher net sales in the closures business due to the acquisition of the Dispensing Systems operations in April 2017 as well as in the plastic container business, partially offset by lower net sales in the metal container business. Income from operations for the third quarter of 2017 was $138.6 million, an increase of $16.2 million, or 13.2 percent, as compared to $122.4 million for the third quarter of 2016, and operating margin increased to 10.9 percent from 10.7 percent for the same periods. The increase in income from operations was the result of higher income from operations in the closures business due to the benefit from the acquisition of Dispensing Systems as well as in the plastic container business, partially offset by lower income from operations in the metal container business. Rationalization charges were $0.6 million and $7.8 million in the third quarters of 2017 and 2016, respectively. Click Read More below for additional information.

Second quarter 2021 net income from continuing operations was $20.7 million ($0.61 per diluted share) compared to net income from continuing operations of $14.3 million ($0.43 per diluted share) in the second quarter of 2020. Net income from ongoing operations, which excludes special items and discontinued operations, was $16.1 million ($0.48 per diluted share) in the second quarter of 2021 compared with $16.0 million ($0.48 per diluted share) in the second quarter of 2020. *Earnings before interest, taxes, depreciation and amortization ("EBITDA") from ongoing operations for Aluminum Extrusions of $19.7 million was $6.4 million higher than the second quarter of 2020 *EBITDA from ongoing operations for PE Films of $9.0 million was $6.5 million lower than the second quarter of 2020 *EBITDA from ongoing operations for Flexible Packaging Films of $8.3 million was $1.8 million higher than the second quarter of 2020