Sonoco Targets Consumer Growth Projects

Sonoco, one of the largest diversified global packaging companies, announced at its annual shareholders meeting that it will increase production capabilities and support R&D innovation through several significant growth projects for its consumer packaging businesses.

Jack Sanders, president and CEO, announced Sonoco will spend approximately $20 million to purchase a new triplex laminator and rotogravure printing press. The new laminator will be placed in the Company's Franklin, OH, plant and encompasses the very latest in three-layer lamination technology to produce high-quality laminates with minimum material waste, across a wide range of flexible substrates with varying thicknesses and a variety of adhesive systems. The investment supports Sonoco's growth in the hot-fill pouch market and sophisticated lamination structures.