Sonoco Products Co - Company Profile
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View moreSonoco Products Co (Sonoco) is a manufacturer of industrial and consumer packaging products. It designs, produces, assembles, packages, and distributes temporary, semi-permanent, and permanent point-of-purchase displays. The company offers plastic bottles and jars; rigid containers and trays; metal and peelable membrane ends and closures; wooden, metal and composite wire and cable reels and spools. Sonoco provides fiber-based construction tubes and forms, paper, tubes and cores, and custom-engineered paperboard-based and expanded foam protective packaging and components. It serves food, beverage, household, personal care, consumer packaged goods, construction, textiles, municipal and residential, automotive, cosmetics, medical, hospitality, advertising, consumer electronics, pharmaceuticals, office furnishings, and promotional and palletized distribution sectors. It has operations in the Americas, Asia, Europe, Australia and New Zealand. Sonoco is headquartered in Hartsville, South Carolina, the US.
Sonoco Products Co premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Consumer Packaging: | Services | Sonotube |
Rigid Packaging – Paper | Collection | Sonoco |
Rigid Packaging – Blow Molded Plastics | Processing | SmartSeal |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, the company signed an agreement with ENGIE North America to procure 140 MW of electricity from a wind farm in Crockett, Texas, the US. |
2024 | Contracts/Agreements | In February, the company’s GREENCAN packaging solution was selected by Fairfood for its powdered oat drink products. |
2024 | Contracts/Agreements | In January, the company signed an agreement to sell its Protective Solutions business to Black Diamond Capital Management for US$80 million. |
Competitor Comparison
Key Parameters | Sonoco Products Co | Westrock Co | International Paper Co | Coveris Holdings SA | Packaging Corporation of America |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | Austria | United States of America |
City | Hartsville | Atlanta | Memphis | Vienna | Lake Forest |
State/Province | South Carolina | Georgia | Tennessee | Niederosterreich | Illinois |
No. of Employees | 23,000 | 56,100 | 39,000 | - | 14,900 |
Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
John R. Haley | Chairman | Executive Board | 2019 | 61 |
R. Howard Coker | Director; Chief Executive Officer; President | Executive Board | 2020 | 61 |
Robert R. Dillard | Chief Financial Officer | Senior Management | 2022 | 49 |
Rodger D. Fuller | Chief Operating Officer | Senior Management | 2022 | 62 |
Aditya Gandhi | Chief Accounting Officer | Senior Management | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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