Profile: Sonoco Products Co (SON)
25 May 2017
Sonoco Products Company (Sonoco), incorporated on May 10, 1899, is a manufacturer of industrial and consumer packaging products and a provider of packaging services. The Company operates in four segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions.
As of December 31, 2016, the Consumer Packaging segment's operations consisted of approximately 78 plants across the world. The segment's products and services include round composite cans; shaped rigid paperboard containers; fiber caulk/adhesive tubes; aluminum, steel and peelable membrane easy-open closures for composite and metal cans; plastic bottles, jars, jugs, cups and trays, and printed flexible packaging, rotogravure cylinder engraving and global brand management. Its products are catered to various markets, such as snacks, nuts, cookies, crackers, hard-baked goods, desserts, candy, gum, frozen concentrate, powdered and liquid beverages, non-carbonated beverages, ready-to-drink products, powdered infant formula, coffee, refrigerated dough, frozen entrees, processed food, vegetables, fruit, seafood, poultry, soup, pasta, dairy, sauces, dips, fresh-cut produce, pet food, home and personal care, and adhesives.
Display and Packaging
The Company's Display and Packaging segment's products and services include point-of-purchase displays; custom packaging; retail packaging, including printed backer cards, thermoformed blisters and heat sealing equipment; fulfillment; primary package filling; supply chain management, and paperboard specialties. The segment's products are used in various industries, such as automotive, beverages, candy, electronics, personal care, baby care, food, cosmetics, fragrances, hosiery, office supplies, toys, home and garden, medical, over-the-counter drugs, sporting goods, hospitality industry and advertising.
Paper and Industrial Converted Products
The Company's Paper and Industrial Converted Products segment provides the primary raw material for the Company's fiber-based packaging. The Company offers a range products and services, such as recycled paperboard, chipboard, tubeboard, lightweight corestock, boxboard, linerboard, corrugating medium and specialty grades; paperboard tubes and cores; molded plugs; reels, and collection, processing and recycling of old corrugated containers, paper, plastics, metal, glass and other recyclable materials. The segment's products are used in converted paperboard products, spiral winders, beverage insulators, construction, film, flowable products, metal, paper mills, shipping and storage, tape and label, textiles, wire and cable, municipal, residential, customers' manufacturing and distribution facilities.
The Protective Solutions segment's products and services include custom-engineered, paperboard-based and expanded foam protective packaging and components, and temperature-assured packaging. The segment's products are used in consumer electronics, automotive, appliances, medical devices, temperature-sensitive pharmaceuticals and food, heating and air conditioning, office furnishings, fitness equipment, promotional and palletized distribution.
Sonoco Products Co
1 North Second St
PO Box 160
HARTSVILLE SC 29551-0160
Company Web Links
- LPC-Bankers line up €570m of debt for Faerch as sale heats up
- BRIEF-Sonoco Products Q1 GAAP earnings per share $0.53
- BRIEF-Sonoco Products increases common stock dividend by 5.4 pct to $0.39/share
- BRIEF-Sonoco implements price increases for some products in N.America
- BRIEF-Sonoco Products Co's CEO M. Jack Sanders' 2016 total compensation was $10.2 million