Sonoco(SON)

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Sonoco Implementing Increase for Uncoated Recycled Paperboard in the U.S. and Canada
Newsfilter· 2024-06-10 11:00
HARTSVILLE, S.C., June 10, 2024 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning July 10, 2024. This price action is necessary to offset increased input costs. Contact Information: Lisa Weeks Vice President of Investor Relations & Communications lisa.weeks@sonoco.com 843-383-7524 About Sonoco With net sales of approximately $6.8 billio ...
Sonoco Implementing Increase for Uncoated Recycled Paperboard in the U.S. and Canada
GlobeNewswire News Room· 2024-06-10 11:00
HARTSVILLE, S.C., June 10, 2024 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning July 10, 2024. This price action is necessary to offset increased input costs. About Sonoco Contact Information: Lisa Weeks Vice President of Investor Relations & Communications lisa.weeks@sonoco.com 843-383-7524 With net sales of approximately $6.8 billio ...
Sonoco-Alcore to Increase Tube & Core Prices in the EMEA Region
GlobeNewswire News Room· 2024-06-06 06:00
Lisa Weeks Vice President of Investor Relations & Communications lisa.weeks@sonoco.com 843-383-7524 About Sonoco With net sales of approximately $6.8 billion in 2023, Sonoco has approximately 22,000 employees working in more than 300 operations around the world, serving some of the world's best-known brands. With our corporate purpose of Better Packaging. Better Life., Sonoco is committed to creating sustainable products and a better world for our customers, employees, and communities. Sonoco was named one ...
Sonoco To Implement Further Price Increase for Core Board and Paperboard in Europe
GlobeNewswire News Room· 2024-06-04 05:30
BRUSSELS, Belgium, June 04, 2024 (GLOBE NEWSWIRE) -- Following the announcement of 25th March 2024, Sonoco (NYSE: SON) today announced it is implementing a further price increase as input costs have continued to rise beyond our initial estimation. "We have already successfully implemented a second increase in the Italian market and this will now be applied in the rest of Europe at €25/ton, valid for all shipments after 1st July, 2024. The economic climate continues to be challenging making this action neces ...
Sonoco (SON) Opens Technical & Engineering Facility in Ohio
ZACKS· 2024-06-03 14:30
Sonoco Products Company (SON) announced that it opened a multimillion-dollar Metal Packaging Technical & Engineering Center in Columbus, OH. The move marks yet another milestone in the company's quest of excellence and dedication to high-quality, precision-manufactured metal packaging. The new state-of-the-art center is located at 2850 Charter Street. This offers a concentrated center for providing design support, process development, technical services, engineering, and training. The 11,000-square-foot cen ...
Why Is Sonoco (SON) Up 4.4% Since Last Earnings Report?
ZACKS· 2024-05-30 16:36
A month has gone by since the last earnings report for Sonoco (SON) . Shares have added about 4.4% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Sonoco due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Sonoco Earnings Top Estimates in Q1, Lowers '24 View Sonoco ...
Sonoco Announces New, State-of-the-Art, Technical and Engineering Center for Metal Packaging Innovation
Newsfilter· 2024-05-30 12:30
About Sonoco Contact: Lisa Weeks lisa.weeks@sonoco.com Technical support is in high demand, particularly for shelf-life testing and package performance. Sonoco specifically offers expertise in Package Performance & Integrity Testing, Real-time Shelf-Life Testing, Electrochemical Corrosion Testing, among others. Additionally, Sonoco offers customized training opportunities accommodating large groups and facilitating comprehensive education on can manufacturing processes to accelerate production ramps, increa ...
Sonoco Announces New, State-of-the-Art, Technical and Engineering Center for Metal Packaging Innovation
GlobeNewswire News Room· 2024-05-30 12:30
HARTSVILLE, S.C., May 30, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco") (NYSE: SON), one of the largest sustainable global packaging companies, today announced the grand opening of a new multi-million-dollar, state-of-the-art center at 2850 Charter Street in Columbus, Ohio. The 11,000 square foot facility includes modern laboratories, prototyping equipment, training rooms, and collaboration spaces. The opening of the Sonoco Metal Packaging Technical & Engineering Center demonstrates the compan ...
Sonoco (SON) Gains From Pricing Actions Amid Low Volumes
zacks.com· 2024-05-22 17:11
Sonoco Products Company (SON) has been gaining from the consumer packaging business, its strong productivity and cost-control despite volume declines due to lower consumer spending. Moreover, recent acquisitions and further investments will boost growth in the upcoming quarters. Shares of the company have gained 4.7% in a year compared with the industry's growth of 15.5%. Image Source: Zacks Investment Research Strategic Actions Aid Margins: Sonoco's consumer packaging businesses have been benefiting from t ...
Sonoco(SON) - 2024 Q1 - Quarterly Report
2024-05-01 20:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-11261 Sonoco Products Company (Exact name of registrant as specified in its charter) (843) 383-7000 (Registrant's telephone number, including ...