News & Videos - SONOCO PRODUCTS CO. - English

CROWN HOLDINGS, INC. TO RECEIVE PROCEEDS FROM CLOSING OF EVIOSYS SALE TO SONOCO PRODUCTS COMPANY PR Newswire TAMPA, Fla., Dec. 4, 2024 TAMPA, Fla. , Dec. 4, 2024 /PRNewswire/ -- Following the closing today of the previously announced sale of Eviosys to Sonoco Products Company, Crown Holdings, Inc. (NYSE: CCK) (Crown) will receive net cash proceeds of approximately $300 million in return for its remaining equity stake of approximately 20%. Commenting on the transaction, Kevin Clothier, Crown's...

NEW YORK, NY / ACCESSWIRE / February 15, 2018 / Sonoco Products Company (NYSE: SON ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 15, 2018 at 11:00 AM Eastern Time. To listen to the event live or access a replay of the call - visit https://www.investornetwork.com/company/2132 . To receive updates for this company you can register by emailing [email protected] or by clicking get investment info from the company's profile. About Investor Network...

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HARTSVILLE, S.C., Jan. 13, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced it is implementing price increases for all paperboard tubes and cores in the United States and Canada by a minimum of 8 percent. Sonoco previously announced a 6 percent to 8 percent price increase on all paperboard tubes and cores in October 2016 and the Company is revising the increase to a minimum of 8 percent, effective with shipments beginning February 13, 2017. “This price adjustment is necessary to...

HARTSVILLE, S.C., Jan. 11, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced it is implementing a $60 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada. Sonoco previously announced a URB price increase of $40 to $60 per ton in October 2016, and the Company is revising the increase for all grades to $60 per ton, effective with shipments beginning February 6, 2017. “This increase is necessary to capture higher recycled fiber and...

HARTSVILLE, S.C., Jan. 10, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, will host its regular quarterly investor conference calls on the below dates and times. Any updates to these reporting dates or times will be communicated in subsequent news releases. News Release (1) Conference Call (2) Fourth Quarter 2016 Results Feb. 9, 2017 Feb. 9, 2017 12 p.m. ET First Quarter 2017 Results April 20, 2017 April 20, 2017 11 a.m. ET Second Quarter...

HARTSVILLE, S.C., Dec. 02, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global diversified packaging companies, today announced it will invest $20 million in the development of a new packaging center to support Duracell’s new North America battery packaging operation. Sonoco’s Display and Packaging unit will be located in Duracell’s new leased facility in the Atlanta area. Sonoco will install and operate state-of-the-art primary packaging equipment at the new center and...

HARTSVILLE, S.C., Dec. 02, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) President and Chief Executive Officer Jack Sanders and members of the Company’s senior leadership team today provided the investment community in New York with an overview of the Company’s financial guidance and strategic priorities. Company Reaffirms 2016 Base EPS Guidance, Reflecting Record GAAP and Base Earnings Performance Sonoco expects fourth quarter and full-year 2016 GAAP earnings to be $.95 to $1.04 and $2.73 to...

HARTSVILLE, S.C., Nov. 29, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global diversified packaging companies, today announced several new senior leadership changes which will become effective January 3, 2017, according to M. Jack Sanders, President and Chief Executive Officer. Rob Tiede, Executive Vice President and Chief Operating Officer Vicki B. Arthur, Senior Vice President, Plastic Packaging and Protective Solutions Howard Coker, Senior Vice President, Rigid Paper...

BRUSSELS, Belgium, Nov. 23, 2016 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. has donated paper cores to the City of Camerino, Italy, in coordination with Shigeru Ban Architects in order to build its Paper Partition System (PPS) as a temporary housing solution in areas recently affected by earthquake. When large-scale disaster occurs, many victims are forced to live in evacuation facilities. This often means sleeping on the floor side by side, with minimal privacy. To overcome this issue, Shigeru...

HARTSVILLE, S.C., Nov. 17, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global diversified packaging companies, will host its annual breakfast meeting for the financial community in New York City on Friday, Dec. 2, 2016, in the Villard Ballroom of the New York Palace Hotel, 455 Madison Ave. Breakfast will begin at 7:30 a.m. ET, and the presentation will start at 7:50 a.m. Jack Sanders, president and chief executive officer, will provide a strategic overview of the Company,...

HARTSVILLE, S.C., Nov. 15, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified packaging companies, has awarded a Sonoco Sustainability Star Award to its Alpha facility in Beavercreek, Ohio, for driving landfill reduction through improved waste stream management. The Alpha plant implemented a plan to divert from waste streams skiver dust, a byproduct of the paperboard container manufacturing process. Skiver dust is created when cans are cut, similar to sawdust. The plant...

HARTSVILLE, S.C., Nov. 07, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced it has completed the sale of its rigid plastics blow molding operations to Amcor, a global leader of rigid and flexible packaging products, for $280 million. Sonoco’s rigid plastics blow molding operations include seven manufacturing facilities in the U.S. and Canada with 850 employees producing containers serving the personal care and food and beverage markets. The disposition of these operations is expected...

HARTSVILLE, S.C., Nov. 02, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, has acquired Plastic Packaging Inc. (PPI), a privately held Hickory, N.C.-based flexible packaging company. Founded in 1957, PPI specializes in short-run, customized flexible packaging for consumer brands in markets including: food products (i.e. frozen foods, baked goods, seafood), pet products (i.e. dry food, bird seed, litter), confection (i.e. seasonal promotions,...

HARTSVILLE, S.C., Oct. 25, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, has named John Florence its Corporate Vice President, General Counsel and Secretary. In this new position, Florence reports to Sonoco’s President and CEO Jack Sanders. Florence’s promotion to Corporate Vice President, General Counsel and Secretary comes upon the retirement of Sonoco’s previous Vice President, Treasurer and Corporate Secretary, Ritchie L. Bond....

HARTSVILLE, S.C., Oct. 20, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported financial results for its third quarter, ending October 2, 2016. Third Quarter Highlights Third quarter 2016 GAAP earnings per diluted share were $0.64, compared with $0.43 in 2015. Third quarter 2016 GAAP results included $0.08 per diluted share, after tax, in restructuring expenses related to plant closures and a goodwill impairment charge involving...

HARTSVILLE, S.C., Oct. 18, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE:SON) today declared a $.37 per share quarterly common stock dividend. The dividend will be paid on December 9, 2016, to shareholders of record as of November 11, 2016. According to Jack Sanders, president and chief executive officer, this is the 366 th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders. About Sonoco Founded in 1899, Sonoco is a global provider of...

HARTSVILLE, S.C., Oct. 11, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, has donated $50,000 to the American Red Cross to aid in Hurricane Matthew relief efforts in the Southeast. Sonoco has been headquartered in Hartsville, S.C., since its inception in 1899, and about 2,000 of its employees currently call South Carolina home. Sonoco’s Hartsville headquarters and manufacturing operations were impacted by the storm, as were locations in...

HARTSVILLE, S.C., Oct. 05, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global diversified packaging companies, has made a significant investment in its high performance film core production equipment. The investment will enable Sonoco to provide enhanced quality cores for film markets where constantly increasing quality standards are so incredibly vital to the integrity of the film. The high performance film markets serviced by these cores include medical films, optical films,...