Metal packaging products supplier Crown Holdings is to build a $132m manufacturing facility in the US, a move that will create over 160 jobs by 2018.
The proposed two-line beverage can manufacturing facility will be situated in in Tioga County, in the state of New York.
This investment will increase Crown's current production capacity for specialty beverage cans, allowing the company to better serve the North American markets.
New York Governor Andrew M. Cuomo said: "Smart investments in advanced manufacturing are driving growth in the Southern Tier and further cementing New York's position as a global leader in 21st-century technology and innovation.
"This new facility will create good-paying jobs in the Southern Tier and will help move the region forward."
Crown selected New York over other states for the new plant as the latter offered a package of performance-based incentives including up to $8.1m in Excelsior Jobs Program tax credits and a capital grant of up to $6.9m.
The project is also being supported in the form of a PILOT through the Tioga County Industrial Development Agency.
Crown is working with New York State Electric & Gas Corporation (NYSEG) to facilitate utility installations at the project site, and NYSEG will provide an economic development Energy Infrastructure Grant to assist with these efforts.
Based in Pennsylvania, Crown Holdings makes metal cans, metal aerosol containers, metal closures and specialty packing for customers in beverage, food, health and beauty, household, industrial, luxury good, and promotional industries.
The company employs close to 23,000 people at 149 plants in 41 countries.
In September last year, Crown announced plans to install a new production line at its Osmaniye plant, in central southern Turkey, in a bid to increase beverage can capacity.