# CANPACK to invest R$710 million in new aluminum can plant in Poços de Caldas

Canpack will invest R$710 million to build an aluminum can plant in Poços de Caldas, Minas Gerais, with capacity of 1.3 billion units per year. Construction is expected to start at the end of 2022 and finish by Q1 2024.

- Type: New facility
- Announced: 2022-10-06
- Where: Poços de Caldas, Minas Gerais, Brazil
- Value: $136.5M (710.0M BRL)
- Jobs: 140
- Status: announced
- Capacity: 1.3 billion units per year
- Products: aluminum cans
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Canpack](https://endata.com/companies/2376.md)

## Sources

- [mundolatas.com](https://mundolatas.com/en/canpack-to-invest-710-million-reais-in-its-new-aluminum-can-plant-in-pocos-de-caldas/), 2022-10-06: "The Polish multinational Canpack will invest R$ 710 million in the construction of a new plant for the production of aluminum cans in Poços de Caldas (MG)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.