10 Best Aluminum and Aluminum Mining Stocks To Buy

7. Ball Corporation (NYSE:BALL)

Number of Hedge Fund Holders: 30

Ball Corporation (NYSE:BALL) is a global leader in aluminum packaging, that offers innovative, environmentally friendly solutions to beverage, personal care, and household product markets. The company is a pioneer in leveraging aluminum’s recyclable properties to create packaging that aligns with the growing global demand for sustainable products. Ball Corporation (NYSE:BALL) operates a network of state-of-the-art manufacturing facilities across North America, South America, Europe, and Asia, serving a diverse customer base that includes major global brands.

Ball Corporation (NYSE:BALL) is pursuing several strategic initiatives to drive growth and sustain its leadership in the aluminum packaging industry. On November 4, Ball Corporation (NYSE:BALL) announced that it had acquired Alucan, a European leader in extruded aluminum aerosol and bottle technology. The acquisition of Alucan complements Ball Corporation’s (NYSE:BALL) existing global extruded aluminum aerosol and bottle business with the addition of manufacturing facilities in Llinars del Vallés, Spain, and Lummen, Belgium.

The new plants will enable the company to meet the growing demand for sustainable packaging solutions in Europe. Both facilities are equipped with cutting-edge technology and aim to minimize their environmental footprint, aligning with the company’s dedication to sustainability and operational excellence.

With the acquisition of Alucan, Ball Corporation (NYSE:BALL) will be able to diversify its customer base, cross-sell with food and beverage manufacturers, and expand its bottle offerings to include personal and home care products. The company will also be able to offer large-diameter aerosol cans and impact extruded bottle capabilities to support its existing reusable bottle customers.