BALL · Earnings call · 2026Q2T · Full report
Capital Expenditure Plan
BALL Corp · 2026-08-04 · Importance 34 · Surprise 42 · In source text
Ball expects 2026 capital expenditures to be in line with GAAP depreciation and amortization. The company is investing in the Millersburg, Oregon facility, which began producing commercial cans in July 2026 and is expected to deliver substantially its full value in 2027. Millersburg is a one-line plant producing standard-sized cans, so management does not expect the facility to create a material product-mix shift. Ball also expects ongoing debottlenecking and productivity projects across its North American plant network.
Key facts
- Ball continues to expect full year start-up costs to total approximately $35 million in 2026, with roughly $30 million expected in the second half.
- CapEx for 2026 is expected to be in line with GAAP depreciation and amortization (D&A).
- Ball stated CapEx projects for debottlenecking and productivity improvements are ongoing across plants (no specific dollar amount).
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | committed | -0.8% | Ball continues to expect full year start-up costs to total approximately $35 million in 2026, with roughly $30 million expected in the… |