CCL Industries Inc. has announced that it will invest in a new plant in Clinton, North Carolina to produce aluminum slugs used in the impact extrusion process to make aerosol cans, tubes and bottles for consumer packaged goods companies. The facility will be jointly owned by CCL and Rheinfelden Semis GmbH. The partners will initially invest approximately $18 million financed by $4.5 million in equity between them and the balance in debt, to create the plant and to build up capacity to a planned 25,000 tons by 2018.

The new business will trade as Rheinfelden Americas LLC and Mr. Bernard Ecker from Rheinfelden, Germany, will be its first Managing Director.