Sonoco
Manufacturing · South Carolina, United States · 10K+ Employees
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Overview
Headquarters
1 N 2nd St, Hartsville, South Carolina, ...Phone Number
(843) 383-7000Website
www.sonoco.comRevenue
$7.5 BillionStock Symbol
SONIndustry
ZI Rank: 1
Signal Type
Feb
Mar
Apr
May
Jun
Jul
ZI Rank
1
2
2
2
2
1
About Sonoco
Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rigid paper, steel, and plastic containers; metal and peelable membrane ends, closures, and components; thermoformed plastic trays and enclosures; and high-barrier flexible packaging products. The Industrial Paper Packaging segment provides paperboard tubes, cones, and cores; paper-based protective packaging products; and uncoated recycled paperboard products. It also offers various packaging materials, including plastic, paper, foam, and other specialty materials. Sonoco Products Company sells its products in various markets, which include paper, textile, film, food, packaging, construction, and wire and cable.Explore more
Sonoco Org Chart
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DS
Area Controller
AS
Area Controller
TM
Global Plastics Senior Area Controller
AR
Senior Area Controller
NN
Controller
TW
Senior Area Controller
CB
Plant Admin Manager and Controller
JK
Global ESG Controller
BL
Area Controller
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Revenue
Number of Employees
Type
Funding
Founded In
$8.7B
10K+
Public
$141.4M
1991
Rahul BalanaduGlobal Chief Technology Officer & Chief Information Officer (Americas)
Company Profile Activity
Activity Insights
Sonoco is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Sonoco is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Sonoco.
Sonoco financials insights
Gather financial insights about Sonoco, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2022
Debt
$400M
2025
Other Financing Round
$30M
Sonoco Tech Stack
A closer look at the technologies used by Sonoco
Most Recent Scoops
Facilities Relocation / Expansion
Sonoco has announced the installation of two new metal can lines in Italy to serve tomato and tuna customers in the Italian market, as part of its position as the largest producer of metal cans serving seafood and vegetables in Europe.
Pain Point
Sonoco is facing global inflationary pressures driven by higher energy expenses stemming from the Middle East situation, which cost approximately $10 million of operating profit in Q2, with freight representing the largest cost headwind and OCC rising $40 per ton year-to-date to $100 per ton.
Earnings, Logistics / Supply Chain, Finance, Risk
Facilities Relocation / Expansion
Sonoco has brought a new paper can plant in Thailand online as of March, with a second production line recently started, enabling annual production capacity of approximately 200 million units with room for additional growth.
Facilities Relocation/Expansion, Capacity Planning, Manufacturing Operations
Facilities Relocation / Expansion
Sonoco has completed a $20 million expansion at its Hartselle, Alabama wire and cable reels production center to address growing demand from the wire and cable industry, with new robotic equipment being started up to increase nailed wood reels production by approximately 15%.
Facilities Relocation/Expansion, Machinery, Manufacturing Operations
Facilities Relocation / Expansion
Sonoco News & Media
Sonoco Names Francesco Giannolo Vice President/General Manager Consumer Packaging, EMEA
Sonoco Names Francesco Giannolo Vice President/General Manager Consumer Packaging, EMEAAnalyst Report: Sonoco Products Co
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.Sonoco Aligns Global Consumer Businesses Under Single Leadership Structure
Sonoco Aligns Global Consumer Businesses Under Single Leadership Structure Ernest Haynes Named President of Company’s Largest Global Packaging BusinessSonoco Expands Wood Reels Manufacturing and Assembly Capacity to Meet Growing Market Demand
Sonoco Expands Wood Reels Manufacturing and Assembly Capacity to Meet Growing Market Demand
Read more news
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Frequently Asked Questions Regarding Sonoco
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Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rig... Read More
