 Brand-Building Packaging | |
| Company type | Public company |
|---|---|
| ISIN | US2283681060 |
| Industry | Packaging |
| Founded | 1892; 134 years ago (1892) |
| Founder | William Painter |
| Headquarters | Tampa, Florida, U.S. |
Area served | Worldwide |
Key people | Timothy J. Donahue (CEO, President, andChairman) |
| Products |
|
| Revenue |  US$11.8 billion (2024) |
 US$1.42 billion (2024) | |
| US$424 million (2024) | |
| Total assets | US$13.85 billion (2024) |
| Total equity | US$3.23 billion (2024) |
Number of employees | c. 23,000 (2024) |
| Website | www.crowncork.com |
| Footnotes / references [1] | |
Crown Holdings, Inc. is an American multinational packaging company headquartered inTampa, Florida, that designs and manufactures rigid-metal packaging including aluminumbeverage cans, metalfood cans,aerosol cans, and specialty packaging. Founded in 1892, as the Crown Cork & Seal Company, the company is ranked No. 359 in theFortune 500 list for 2025.[2] As of 2024, Crown employs over 23,000 people at 189 plants in 39 countries.[3]
William Painter, a Quaker from Maryland, invented the crown cap for bottled carbonated beverages in 1891 and obtained patents on February 2, 1892. He founded his own manufacturing company, the Crown Cork and Seal Company, inBaltimore and sold bottlers that his cap was the right one in a croded field of contraptions. By 1898, he had created a foot-powered crowner device to sell to bottlers and retailers so that they could seal the bottles with his caps quickly and easily. This helped gain acceptance of his bottle caps. By 1906, Crown had opened manufacturing plants in Brazil, France, Germany, Japan, and the United Kingdom.[citation needed]
By the 1930s, Crown was selling half of the world's supply of bottle caps. Crown entered the tin can business in 1936 with the purchase of the Acme Can Company of Philadelphia, which led to the creation of theCrowntainer, a funnel-shaped beer can, the following year.[4]
To address market changes afterWorld War I andProhibition, Crown focused heavily on soft drinks. DuringWorld War II, Crown produced war products such as the Kork-N-Seal, the Pour-N-Seal, and the Merit Seal, as well as gas mask canisters. In 1957, John Connelly took over the presidency which was facing insolvency and moved the headquarters from Baltimore to Philadelphia. In 2003, Crown restructured as a public holding company. In 2005 and 2006 Crown exited theplastics industry with the sale of its Global Plastic Closure and its cosmetics packaging businesses.[4]
In August 2023, it was announced Crown had acquired Helvetia Packaging - a beverage can manufacturing facility inSaarlouis, Germany.[5]
