| Alcan Inc. today celebrates the opening of its new packaging plant in Reidsville, North Carolina. The new plant produces printed packaging, including folding cartons and labels for key customers in Alcan Packaging’s global tobacco business. Alcan’s US$42.6 million investment followed the signing of an executive supply agreement with R.J. Reynolds Tobacco on May 2, 2005.
“This investment perfectly illustrates the Alcan Packaging strategy, aiming at taking bold initiatives to support our customers’ long term objectives,” said Ilene Gordon, President and Chief Executive Officer, Alcan Packaging.
The plant employs 150 people, occupies 220,000 sq. ft., and started production in July 2006. “The project was executed swiftly: on time and on budget”, stated Ralf Wunderlich, President, Alcan Packaging Global Tobacco Sector. "We are proud to have worked closely with the local authorities to create 150 jobs."
Alcan Global Tobacco Packaging has the multi-material capability to provide its customers with effective packaging solutions from its 13 dedicated plants around the world. It is a leading manufacturer of high-quality in-line rotogravure printed hinge-lid blanks, display cartons and soft pack labels. It is also the world's largest supplier of Roll Your Own (RYO) tobacco booklet covers.
Alcan Inc. (NYSE, TSX: AL) is a leading global materials company, delivering high quality products and services worldwide. With world-class technology and operations in bauxite mining, alumina processing, primary metal smelting, power generation, aluminum fabrication, engineered solutions as well as flexible and specialty packaging, today’s Alcan is well positioned to meet and exceed its customers’ needs. Alcan is represented by 68,000 employees, including its joint-ventures, in 61 countries and regions, and posted revenues of US$23.6 billion in 2006. The Company has featured on the Dow Jones Sustainability World Index consecutively since 2003. For more information, please visit: www.alcan.com
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Colette Chauvière
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Investor contacts:
Ulf Quellman
Tel: +1 514 848 8368
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