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2017 News Releases

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05/18/2017Sonoco Named a “Best for Vets” Company
HARTSVILLE, S.C., U.S. – Sonoco (NYSE: SON), one of the largest diversified global packaging companies, has been named one of 82 "Best for Vets" companies by Military Times. Sonoco joins other well-known brands, including Kellogg, AT&T, Hilton, Macy's Inc. and The Boeing Company on the distinguished list.   Sonoco, a certified Palmetto Military Employer, recognizes the valuable skills U.S. military veterans bring to its team, including a strong work ethic, loyalty and unw... 
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04/20/2017Sonoco Reports First Quarter 2017 Results
HARTSVILLE, S.C., April 20, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported financial results for its first quarter, ending April 2, 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, compared with $0.59 in 2016. First quarter 2017 GAAP results included $0.06 per diluted share, after tax, in restructuring costs and acquisition-related expenses. In the first quarter of 201... 
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04/19/2017Sonoco Increases Common Stock Dividend by 5.4 Percent
HARTSVILLE, S.C., April 19, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE:SON) today declared a $.39 per share quarterly common stock dividend, a 5.4 percent increase from the previous quarterly dividend of $.37 per share. The dividend will be paid on June 9, 2017, to shareholders of record as of May 12, 2017. According to Jack Sanders, president and chief executive officer, this is the 35th consecutive year that Sonoco has grown common stock dividends and the 368th consec... 
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04/11/2017Sonoco Launches PromoPeel™ Integrated Label Technology
Product to debut at Industry Coupon Conference April 18-20 HARTSVILLE, S.C., April 11, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, now offers PromoPeel™ Integrated Label Technology for flexible packaging, which allows brand owners to create an instant redeemable coupon or label as a part of the product packaging, guaranteeing a consistent label position while saving production time and costs. The label lays flat, removes cleanly and e... 
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03/31/2017Sonoco Launches New Portfolio of Clear Barrier Flexible Packaging
HARTSVILLE, S.C., March 31, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, has launched its ClearGuard™ portfolio of flexible packaging, offering the transparency that builds trust with consumers while providing best-in-class barrier properties for product protection. ClearGuard structures provide a clear alternative to aluminum foil or metalized films – an important differentiator in an age when nearly half of consumers would choose o... 
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03/20/2017Sonoco Implementing Price Increases for All Rigid Paperboard Containers in North America
HARTSVILLE, S.C., March 20, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced it is implementing price increases for all round composite cans and shaped rigid paperboard containers in North America by a minimum of 5 percent. The increase is effective with shipments beginning April 15, 2017. “This price adjustment is necessary to recover continuing cost inflation, particularly in uncoated recycled paperboard, a primary raw material,” said Jeff Tomaszewski, vice president and general... 
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03/20/2017Sonoco-Alcore to Increase Prices for Tubes & Cores in Europe
(GLOBE NEWSWIRE via COMTEX) --BRUSSELS, Belgium, March 20, 2017 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. today announced it will raise prices for paper-based tubes and cores by up to 8.5 percent, depending on product category, effective from shipments beginning on 15th April 2017. "The increase follows a continuous rise over the past six months in coreboard prices across Europe driven predominantly by higher OCC costs peaking now in a 60 Euro per ton or a 15 percent increase in coreboard," ... 
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03/17/2017Sonoco Issues 2016 Annual Report to Shareholders
Company's Annual Meeting to be held April 19, 2017 HARTSVILLE, S.C., March 17, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced that its 2016 Annual Report to Shareholders is now available on the Company's website at www.sonoco.com in the Investor Relations section. The report, entitled Better Packaging. Better Life., reviews Sonoco's 2016 financial performance and examines how the Company is focusing on strategic growth op... 
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03/14/2017Sonoco Completes Acquisition of Peninsula Packaging Company
HARTSVILLE, S.C., March 14, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced it has completed the acquisition of Peninsula Packaging Company, a leading manufacturer of thermoformed packaging for fresh fruit and vegetables found in the fast-growing perimeter of retail supermarkets. Sonoco acquired Peninsula Packaging for approximately $230 million from funds managed by Odyssey Investment Partners, LLC and other shareholder... 
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03/13/2017Sonoco Implementing Price Increase for Paperboard Tubes and Cores
HARTSVILLE, S.C., March 13, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced it is implementing price increases for all paperboard tubes and cores in the United States and Canada by a minimum of 10 percent.  The increase is effective with shipments beginning April 10, 2017. “This price adjustment is necessary to recover continuing cost inflation, particularly in uncoated recycled paperboard, our primary raw material,” said James Harrell, corporate vice president for Sonoco’s U.S. ... 
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03/13/2017Sonoco-Alcore to Increase Paperboard Prices in Europe
(GLOBE NEWSWIRE via COMTEX) --BRUSSELS, Belgium, March 13, 2017 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. today announced it will raise prices by €60 per tonne (£50 / tonne) on all recycled paperboard grades sold in the Company's European regions. The price change is effective with shipments on or after 17th March 2017. "This price increase is in response to the constant and unprecedented rise in raw material costs which have occurred since the fourth quarter of 2016.  Such increases are no ... 
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03/10/2017Sonoco Implementing Price Increase for All Uncoated Recycled Paperboard Products
HARTSVILLE, S.C, March 10, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced it is implementing a $75 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning April 3, 2017.  “The extraordinarily rapid inflation in our input costs, especially for recycled fiber, has made it necessary for Sonoco to seek recovery in the market,” said Palace Stepps, division vice president of sales and marketing for... 
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03/06/2017Sonoco ThermoSafe Survey Reveals Current and Future Trends In Clinical Trial Supplies Market
Arlington Heights, Ill., U.S. – Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and a leading global provider of temperature-controlled packaging, in partnership with Arena International Events Group and Berlinger & Co. AG, today announced the results of an industry survey entitled "Assessing the Current and Future State of Clinical Trial Supplies." The survey was co-developed by an advisory panel of industry experts from clinical operations, clinical trial supply logistics and packaging, as ... 
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02/28/2017Albrecht Joins Sonoco as Corporate Vice President, Treasurer/Assistant CFO
HARTSVILLE, S.C., Feb. 28, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced that Julie Albrecht will join the Company as Corporate Vice President, Treasurer/Assistant Chief Financial Officer, according to Barry Saunders, senior vice president and chief financial officer. ... 
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02/24/2017Cascades Sonoco Announces Multi-Million Dollar Investment in Birmingham, Ala., Facility to Support Innovative New Product Line
A Water-Based Barrier Coating That Allows Creation of Recyclable, Repulpable, Compostable Take-Out Containers HARTSVILLE, S.C., Feb. 24, 2017 (GLOBE NEWSWIRE) -- Cascades Sonoco, a joint venture of Sonoco Products Company (NYSE:SON) and Cascades Inc. (TSE:CAS) today announced the investment of approximately $16 million for the expansion of its existing Birmingham, Ala., facility. This investment in world-class water based coating technology will provide coated paper and paperboard substrates ... 
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02/16/2017Sonoco to Acquire Peninsula Packaging Company
Expands Thermoforming Packaging to Fresh Foods in Fast Growing Store Perimeter HARTSVILLE, S.C., Feb. 16, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced it has signed a definitive agreement to acquire Peninsula Packaging Company for approximately $230 million in cash. Peninsula, which is owned by a fund managed by Odyssey Investment Partners, LLC, is a leading manufacturer of thermoformed packaging for fresh fruit and veg... 
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02/13/2017Sonoco Protective Solutions Announces Price Increases to Keep Pace with Rising Raw Material Costs
Impacts Expanded Polystyrene (EPS) and Sonopost Products HARTSVILLE, S.C., Feb. 13, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced a 10-percent price increase on all EPS parts and components and a 7-percent increase on all Sonopost® products. The increases will be effective on all shipments after March 1, 2017. These increases are in response to a confluence of macroeconomic factors creating an inflationary environment for multiple raw materials used by the Protective Solutions... 
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02/09/2017Sonoco Reports Fourth Quarter and Full-Year 2016 Results
HARTSVILLE, S.C., Feb. 09, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported financial results for its fourth quarter and full-year 2016. Fourth Quarter Highlights Fourth quarter 2016 GAAP earnings per diluted share were $1.04, compared with $0.55 in 2015. As a result of the Company's accounting calendar, the fourth quarter contained five fewer calendar days and four fewer business days than in 2015.  Fourth quarter 2... 
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02/08/2017Sonoco Board Declares Regular Quarterly Common Stock Dividend
HARTSVILLE, S.C., Feb. 08, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE:SON) today 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. About Sonoco Founded in 1899, Sonoco is a global provider... 
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02/07/2017Sonoco Announces First Wooden Plugs Price Increase in Six Years
HARTSVILLE, S.C., Feb. 07, 2017 (GLOBE NEWSWIRE) -- The Reels Division of Sonoco (NYSE:SON) today announced it is implementing a general price increase for both new and recycled molded wooden plugs in the United States and Canada. Sonoco has not increased prices for its plug products since 2011. The price increase is expected to be in the range of 6-8%. “This increase is necessary to capture inflationary pressure that has entered the market over the past 6 years across a range of operationa... 
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01/13/2017Sonoco Implementing Price Increase for Paperboard Tubes and Cores
HARTSVILLE, S.C., Jan. 13, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced it is implementing price increases for all paperboard tubes and cores in the United States and Canada by a minimum of 8 percent. Sonoco previously announced a 6 percent to 8 percent price increase on all paperboard tubes and cores in October 2016 and the Company is revising the increase to a minimum of 8 percent, effective with shipments beginning February 13, 2017. “This price adjustment is necessary to ... 
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01/11/2017Sonoco Implementing Price Increase for All Uncoated Recycled Paperboard Products
HARTSVILLE, S.C., Jan. 11, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced it is implementing a $60 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada.  Sonoco previously announced a URB price increase of $40 to $60 per ton in October 2016, and the Company is revising the increase for all grades to $60 per ton, effective with shipments beginning February 6, 2017. “This increase is necessary to capture higher recycled fiber... 
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01/10/2017Sonoco Announces Quarterly Conference Calls and Webcasts for 2017
HARTSVILLE, S.C., Jan. 10, 2017 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, will host its regular quarterly investor conference calls on the below dates and times. Any updates to these reporting dates or times will be communicated in subsequent news releases.     News Release (1)   Conference Call (2) Fourth Quarter 2016 Results   Feb. 9, 2017   Feb. 9, 2017   ... 
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SON Common Stock

ExchangeNYSE (US Dollar)
Price$50.75
Change (%) Stock is Up 0.39 (0.77%)
Volume151,788
Data as of 25 May 2017 11:52 a.m. ET
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