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ball ar02
The 2002 Annual Report of Ball Corporation summarizes the company's performance and strategic initiatives that year. Key points include: 1) Ball completed its largest international expansion by acquiring Schmalbach-Lubeca AG, the second largest beverage can manufacturer in Europe, for $925 million. 2) Other growth initiatives included expanding plastic container and food can production in North America. The aerospace segment was awarded its largest contract ever of over $200 million for the James Webb Space Telescope. 3) Financially, Ball generated over $290 million in free cash flow and its stock returned 46% to shareholders in price appreciation and dividends, growing its market capitalization to over $2.9
