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Sonoco to Acquire Peninsula Packaging

Sonoco has signed a definitive agreement to acquire Peninsula Packaging Company for approximately $230 million, expanding its retail packaging portfolio to include fresh products on the store perimeter. Peninsula’s customer base includes most of the leading household names for fresh fruits and vegetables.

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Introducing the clear, retortable plastic can from Sonoco. The TruVue® Can delivers full-surface visual transparency, communicating a fresh brand image and signaling the purchasing cues of better taste, freshness, authenticity and premium quality.

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Sonoco to Acquire Peninsula Packaging

Sonoco has signed a definitive agreement to acquire Peninsula Packaging Company for approximately $230 million, expanding its retail packaging portfolio to include fresh products on the store perimeter. Peninsula’s customer base includes most of the leading household names for fresh fruits and vegetables.

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Sonoco Reports Fourth Quarter and Full-Year 2016 Results

Sonoco reported financial results for its fourth quarter and full-year 2016. Commenting on the Company’s fourth quarter results, Sonoco President and Chief Executive Officer Jack Sanders said, “Sonoco's results in the fourth quarter were at the mid-point of our guidance as we managed our diversified mix of businesses well."

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Sonoco Board Declares Regular Quarterly Common Stock Dividend

The Board of Directors of Sonoco declared a $.37 per share quarterly common stock dividend. The dividend will be paid on March 10, 2017, to shareholders of record as of February 22, 2017. According to Jack Sanders, president and chief executive officer, this is the 367th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders.

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Sonoco Acquires Plastic Packaging Inc.

Sonoco 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.

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Sonoco Invests in New Equipment to Enhance High Performance Film Core Production

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.

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Sonoco ThermoSafe Acquires Laminar Medica Group

Sonoco ThermoSafe, a unit of Sonoco (NYSE: SON) and a leading global provider of temperature-assurance packaging, has acquired the assets and operations of Laminar Medica in the United Kingdom and Czech Republic, from Clinimed (Holdings) Limited, a privately held specialty medical products company based in the U.K.

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Introducing the Industry’s First Academic Offering to Train and Certify Cold Chain Packaging Professionals

Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and a leading global provider of temperature assurance packaging, has launched the industry’s first academic offering to train and certify cold chain packaging professionals. The certification program was developed by Sonoco ThermoSafe’s ISCLabs in partnership with The Packaging School; Dr. R. Andrew Hurley, assistant professor of packaging science at Clemson University; and an advisory panel of pharmaceutical manufacturers, wholesalers, logistics providers and industry experts.

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Sonoco Issues 2015 Annual Report to Shareholders

Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced that its 2015 Annual Report to Shareholders is now available on the Company's website at www.sonoco.com in the Investor Relations section. The report, entitled Grow & Optimize, reviews Sonoco's 2015 financial performance and examines how the Company is creating a highly engaged culture of innovation to spur the development of innovative packaging solutions designed to deliver a sustainable competitive advantage for its customers around the world.

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Sonoco Expands Fiber Certification Program to Brazil and Mexico

Sonoco has expanded its fiber certification program into Brazil and Mexico, as of mid-February 2016. Although most of the raw material used in our mills is 100 percent recycled fiber, this certification also requires that Sonoco select suppliers of virgin fiber and virgin fiber components that avoid trading or sourcing raw material that is: a) illegally harvested, b) harvested in violation of traditional and civil rights and c) harvested where global conservation priorities are threatened.

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Sonoco Honored With FPA Gold Award for Daisy Sour Cream Pouch

The Flexibles division of Sonoco has been recognized with a Gold Achievement Award from the Flexible Packaging Association for its high-performance film laminate contributions to the Daisy Sour Cream squeezable pouch, which was developed in collaboration with Daisy Brand, Aptar (dispensing closure & fitment) and Continuum (innovation design).

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Sonoco Officially Opens Innovative Packaging Solutions Studio

Sonoco has officially opened its iPS Studio, a leading-edge research, development and innovation center that connects consumer and market insights to the invention of new packaging solutions, all under one roof. Sonoco invested $12 million to build the new Innovative Packaging Solutions research and development studio at its Hartsville, S.C. headquarters.

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Clear Plastic Can From Sonoco Offers Alternative to Traditional Metal Cans

Sonoco has introduced its new TruVue™ Can as an innovative alternative to the traditional metal can that has been a mainstay packaging option for more than 200 years. The clear, retortable plastic can has the potential to revolutionize not just the canned food aisle in supermarkets, but an entire food category that has not seen significant innovation in decades and is challenged to meet the demands of a new generation of shoppers.

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Sonoco Achieves 5-Year Sustainability Targets

Sonoco has released its Corporate Responsibility Report for 2014-2015 and reported that it achieved its five-year global sustainability targets, including significant reduction in global greenhouse gas emissions (GHG), water usage and development of landfill-free operations.

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Starbucks Roasting Plant and Distribution Center earns Gold Sustainability Star Award

Sonoco acknowledged Starbucks' Carson Valley Roasting Plant and Distribution Center with a Gold Sustainability Star Award. The Starbucks Carson Valley Roasting Plant and Distribution Center was recognized for its outstanding efforts in recycling, achieving zero waste to landfill. The plant was further credited for the procedures in place to reduce manufacturing waste beyond this – particularly noting the Waste to Energy program that ensures any remaining waste streams that cannot be recycled are repurposed for energy recovery. As of Jan. 1, 2015, the Starbucks Carson Valley Roasting Plant and Distribution Center is landfill free. Learn more about the Star Awards program.

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Sonoco Named a Top Company for Leaders by Aon Hewitt

Sonoco announced it has been named to the 2014 list of North American Top Companies for Leaders® by Aon Hewitt, the global talent, retirement and health solutions company of Aon. Sonoco was No. 12 (out of 25) on the 2014 North America list and No. 21 (out of 25) on the Global Aon Hewitt Top Companies for Leaders list. This is the fifth time that Sonoco has earned this prestigious recognition.

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