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BROOMFIELD, Colo., Sept. 28, 2017 /PRNewswire/ -- Ball Corporation today announced a $300,000 grant to the International Federation of Red Cross and Red Crescent Societies, the world's largest humanitarian network, to expand its support of disaster preparedness and relief efforts globally through its philanthropic arm – The Ball Foundation.
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/7987951-ball-corporation-ifrc-grant-disaster-relief/
The Ball Foundation's commitment builds on Ball's long-time support of the American Red Cross and will help IFRC and its member societies to more quickly deliver humanitarian aid to people in need. The grant will support the work of 190 National Red Cross and Red Crescent Societies, including the American Red Cross, empowered by a network of more than 17 million volunteers worldwide.
"Ball operates in more than 100 locations in 34 countries and we are proud to partner with the IFRC to ensure that these communities and others are prepared if they are affected by disasters," says Chris Chavez, executive director of The Ball Foundation. "By working together with the Red Cross and Red Crescent Societies, Ball and its employees will be able to make a difference in people's lives when they need it the most."
Ball Corporation and The Ball Foundation have contributed nearly $2 million in cash and in-kind donations to Red Cross efforts over the past two years. In 2017, Ball also has partnered with several customers to donate millions of cans of clean drinking water for disaster relief victims in North America and Mexico.
By participating in the IFRC's Disaster Relief Emergency Fund and the American Red Cross Annual Disaster Giving Program, The Ball Foundation provides reliable funding in advance of disasters to enable immediate response when disaster strikes so communities are safer and more sustainable over the long term.
"The Ball Foundation's contribution comes at a critical time when we are responding to an increasing number of disasters and health emergencies around the world," said Dr. Jemilah Mahmood, IFRC's Under Secretary General for Partnerships. "We are very grateful for The Ball Foundation's generous support in helping us meet the needs and improving the lives of the world's most vulnerable people. "
About The Ball FoundationThe Ball Foundation is the philanthropic arm of Ball Corporation. Grants are awarded to nonprofit organizations to fund programs that create a positive, measurable impact in four key areas linked to Ball's business and strategy, including: recycling, disaster relief, food security and STEM education.
About Ball CorporationBall Corporation supplies innovative, sustainable packaging solutions for beverage, food and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 18,450 people worldwide and 2016 net sales were $9.1 billion. For more information, visit www.ball.com or connect with us on Facebook or Twitter.
About the IFRCIFRC is the world`s largest humanitarian network comprising 190 National Red Cross and Red Crescent Societies working to save lives and promote dignity around the world.www.ifrc.org - Facebook- Twitter- YouTube- Flickr
Forward-Looking StatementsThis release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates," "believes," "targets," "likely" and similar expressions typically identify forward-looking statements, which are generally any statements other than statements of historical fact. Such statements are based on current expectations or views of the future and are subject to risks and uncertainties, which could cause actual results or events to differ materially from those expressed or implied. You should therefore not place undue reliance upon any forward-looking statements and any of such statements should be read in conjunction with, and, qualified in their entirety by, the cautionary statements referenced below. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key factors, risks and uncertainties that could cause actual outcomes and results to be different are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in our Form 10-K, which are available on our website and at www.sec.gov. Additional factors that might affect: a) our packaging segments include product demand fluctuations; availability/cost of raw materials; competitive packaging, pricing and substitution; changes in climate and weather; competitive activity; failure to achieve synergies, productivity improvements or cost reductions; mandatory deposit or other restrictive packaging laws; customer and supplier consolidation, power and supply chain influence; changes in major customer or supplier contracts or a loss of a major customer or supplier; political instability and sanctions; currency controls; and changes in foreign exchange or tax rates; b) our aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) the company as a whole include those listed plus: changes in senior management; regulatory action or issues including tax, environmental, health and workplace safety, including U.S. FDA and other actions or public concerns affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; technological developments and innovations; litigation; strikes; labor cost changes; rates of return on assets of the company's defined benefit retirement plans; pension changes; uncertainties surrounding geopolitical events and governmental policies both in the U.S. and in other countries, including the U.S. government elections, budget, sequestration and debt limit; reduced cash flow; ability to achieve cost-out initiatives and synergies; interest rates affecting our debt; and successful or unsuccessful acquisitions and divestitures, including with respect to the Rexam PLC acquisition and its integration, or the associated divestiture; the effect of the acquisition or the divestiture on our business relationships, operating results and business generally.
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SOURCE Ball Corporation
Investor Contact: Ann T. Scott, (303) 460-3537, firstname.lastname@example.org; Media Contact: Renee Robinson, (303) 460-2476, email@example.com