Product Code Database
Sonoco Products Company is an American provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of , tubes, and cores. The company was founded in 1889 as Southern Novelty Company with annualized net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. The company is headquartered in Hartsville, South Carolina, and is South Carolina's largest corporation in terms of sales.
Sonoco is a member of the New York Stock Exchange Century Index and the S&P 400.
Sonoco's operations consist of its consumer packaging businesses, including Global Rigid Paper and Closures, Global Flexibles, and Global Plastics; its Global Services division, which provides high-impact retail displays and packaging supply chain management; its Industrial Converted Products businesses, which manufacture tubes and cores and reels for the wire and cable industry, produces uncoated recycled paperboard globally for Sonoco's fiber-based packaging divisions and external converters, and includes Sonoco Recycling, one of the world's largest recyclers; and its Protective Packaging division, which produces highly engineered, custom-designed protective, temperature-assurance, and retail security packaging.
In September 2023, it was announced Sonoco has completed the acquisition of the United States packaging company RTS Packaging from its holding company, WestRock for $330 million.
In December 2024, it was announced that Sonoco entered an agreement to sell its Thermoformed Flexible Packaging business (TFP) to TOPPAN Holdings, for approximately USD 1.8 billion.
Sonoco Recycling annually collects approximately 3 million tons of old corrugated containers, various grades of paper, metals and plastics. The company also provides recycling programs for many large consumer product companies in the U.S. .
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