Crown Holdings, Inc. (NYSE: CCK)

Crown Holdings, Inc. is a leading global diversified packaging business that manufactures metal cans and ends for the beverage, food, and aerosol industries and a wide range of transit packaging products and solutions from multiple substrates including steel, paper, and plastic.

The company generates revenue primarily through the sale of infinitely recyclable aluminum and steel beverage cans and ends, food and aerosol cans, closures, glass bottles, steel crowns, aluminum caps, and transit packaging products such as automation and equipment technologies, protective packaging solutions, and steel and plastic consumables.

The company operates through the following segments: Americas Beverage, European Beverage, Asia Pacific, Transit Packaging, and Other.

• The Americas Beverage segment manufactures infinitely recyclable aluminum beverage cans and ends, glass bottles, steel crowns and aluminum caps with manufacturing facilities located in the U. S., Brazil, Canada, Colombia, and Mexico.

• The European Beverage segment manufactures infinitely recyclable aluminum beverage cans and ends in Europe, the Middle East, and North Africa.

• The Asia Pacific segment manufactures infinitely recyclable beverage cans and ends, food cans, and specialty packaging in Cambodia, China, Indonesia, Malaysia, Myanmar, Thailand, and Vietnam.

• The Transit Packaging segment includes the company's worldwide automation and equipment technologies, protective packaging solutions, and steel and plastic consumables.

• The Other segment includes the company's North America tinplate businesses: food can, aerosol can, and closures, and beverage tooling and equipment operations in the U. S. and the United Kingdom.

Crown Holdings, Inc. competes with other packaging manufacturers as well as with fillers, food processors and packers, some of whom manufacture containers for their own use and for sale to others. The company's competitors include, but are not limited to, Ardagh Metal Packaging, Ball Corporation, Baosteel Packaging, Can-Pack S. A., Metal Container Corporation, Silgan Holdings Inc., Sonoco, and Trivium Packaging.

The company's largest beverage can customers consist of many of the leading manufacturers and marketers of packaged consumer products in the world, including Anheuser-Busch InBev, Coca-Cola, Heineken, Keurig Dr Pepper, Molson Coors, Pepsi-Cola, and Refresco, among others.