Latapack

completed

Latapack is an established Brazilian manufacturer of aluminum beverage cans, with the Main Office in São Paulo. Latapack has two production facilities: one in Jacareí, São Paulo, and the other in Simões Filho, state of Bahia. The Jacareí facility is located close to the company’s main clients and produces can bodies, which are bulky and costly to transport. The Bahia facility makes much more easily transportable can ends. The company employs approximately 300 people and has the capacity to produce 2.6 billion cans per year. The company is implementing a number of corporate initiatives, which include: - a can making capacity increase at the São Paulo plant and a corresponding increase in the can-end-manufacturing capacity at the Bahia facility, as well as - the construction of a new plant in the southeast of Brazil (the “Investment Program”). The Investment Program will be implemented during the 2008-2010 period at a total cost of approximately $135 million equivalent.