Company description
Sonoco Products Company, with ticker symbol SON, is a global packaging and industrial products company headquartered in Hartsville, South Carolina. The company was founded in 1899 and has grown to become a leader in the packaging industry, serving customers in various sectors such as consumer goods, industrial markets, and healthcare. Sonoco offers a wide range of packaging solutions, including rigid paper and plastic packaging, flexible packaging, and tubes and cores. In addition to packaging, the company also provides various industrial products such as adhesives, coatings, and molded products. Sonoco has a strong focus on sustainability and has set ambitious goals to reduce its carbon footprint and increase the use of renewable materials in its products. With a presence in over 85 countries, Sonoco is committed to delivering innovative packaging solutions that meet the needs of its diverse customer base. The company is also dedicated to fostering a diverse and inclusive work environment and supporting the communities in which it operates through various philanthropic initiatives. Sonoco's commitment to excellence and innovation has helped it maintain a strong financial performance, making it a reliable and stable choice for investors.