Sonoco: Difference between revisions
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Sonoco is an industry leader in corporate sustainability and responsibility.<ref>http://phx.corporate-ir.net/phoenix.zhtml?c=82014&p=irol-irhome</ref> In 2011 and 2012, the Dow Jones Sustainability World Index named Sonoco the top global packaging company for sustainability and corporate responsibility. Sonoco also received [[Sustainable Asset Management]] (SAM) Gold Class Awards in SAM's Sustainability Yearbook in 2011, 2012, and 2013, was named one of the Top 100 Corporate Citizens by Corporate Responsibility Magazine in 2011 and 2012, and has been listed among the United States's 500 largest publicly traded companies in Newsweek magazine's "Green Rankings" for three consecutive years.<ref>http://greenrankings.newsweek.com/ Newsweek's 100 Greenest Large American Companies</ref> |
Sonoco is an industry leader in corporate sustainability and responsibility.<ref>http://phx.corporate-ir.net/phoenix.zhtml?c=82014&p=irol-irhome</ref> In 2011 and 2012, the Dow Jones Sustainability World Index named Sonoco the top global packaging company for sustainability and corporate responsibility. Sonoco also received [[Sustainable Asset Management]] (SAM) Gold Class Awards in SAM's Sustainability Yearbook in 2011, 2012, and 2013, was named one of the Top 100 Corporate Citizens by Corporate Responsibility Magazine in 2011 and 2012, and has been listed among the United States's 500 largest publicly traded companies in Newsweek magazine's "Green Rankings" for three consecutive years.<ref>http://greenrankings.newsweek.com/ Newsweek's 100 Greenest Large American Companies</ref> |
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In Forture Magazine's 2013 World's Most Admired Companies, Sonoco ranked first in financial soundness in the packaging and container sector.<ref>http://money.cnn.com/magazines/fortune/mostadmired/2011/snapshots/544.html</ref> The Company is a member of the New York Stock Exchange Century Index, and in 2012 increased its dividend for the 30th consecutive year. Sonoco as been recognized four times as one of North America's Top Companies for Leaders.<ref>http://investor.sonoco.com/phoenix.zhtml?c=82014&p=irol-newsArticle&ID=1628348&highlight=</ref> |
In Forture Magazine's 2013 World's Most Admired Companies, Sonoco ranked first in financial soundness in the packaging and container sector.<ref>http://money.cnn.com/magazines/fortune/mostadmired/2011/snapshots/544.html</ref> The Company is a member of the New York Stock Exchange Century Index, and in 2012, it increased its dividend for the 30th consecutive year. Sonoco as been recognized four times as one of North America's Top Companies for Leaders.<ref>http://investor.sonoco.com/phoenix.zhtml?c=82014&p=irol-newsArticle&ID=1628348&highlight=</ref> |
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Revision as of 21:15, 26 March 2013
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| Company type | Public (NYSE) |
|---|---|
| Industry | Packaging |
| Founded | 1899 |
| Founder | Major James Lide Coker |
| Headquarters | Hartsville, South Carolina , United States |
Key people | Harris E. DeLoach, Jr. chairman and chief executive officer M. Jack Sanders president and chief operating officer |
| Revenue | $4.8 billion (USD) |
Number of employees | 19,900 |
| Website | http://www.sonoco.com/ |
Founded in 1899, Sonoco Products Company (NYSE: SON) is a global provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services, and the world's largest producer of composite cans, tubes, and cores. With annualized net sales of approximately $4.8 billion, the Company has 19,900 employees working in more than 347 operations in 34 countries, serving some of the world's best known brands in some 85 nations.[1] Sonoco is headquarted in Hartsville, South Carolina, and is the largest corporation in South Carolina in terms of sales.[2]
Sonoco is an industry leader in corporate sustainability and responsibility.[3] In 2011 and 2012, the Dow Jones Sustainability World Index named Sonoco the top global packaging company for sustainability and corporate responsibility. Sonoco also received Sustainable Asset Management (SAM) Gold Class Awards in SAM's Sustainability Yearbook in 2011, 2012, and 2013, was named one of the Top 100 Corporate Citizens by Corporate Responsibility Magazine in 2011 and 2012, and has been listed among the United States's 500 largest publicly traded companies in Newsweek magazine's "Green Rankings" for three consecutive years.[4]
In Forture Magazine's 2013 World's Most Admired Companies, Sonoco ranked first in financial soundness in the packaging and container sector.[5] The Company is a member of the New York Stock Exchange Century Index, and in 2012, it increased its dividend for the 30th consecutive year. Sonoco as been recognized four times as one of North America's Top Companies for Leaders.[6]
Operations
Sonoco is the world's largest producer of composite cans, tubes, and cores, and a leading manufacturer of blow-molded plastic containers, consumer and industrial thermoformed plastic packaging, engineered molded and extruded plastic products, rigid paperboard containers, and convenience closures.
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 solutions.
Sustainability
A recycling leader with 50 locations and expertise worldwide, 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 which identify waste reduction opportunities that reduce operating expenses for many of the largest consumer product companies in the U.S. In 2011, Sonoco launched its Sustainability Star Award program to recognize its customers and its own facilities that achieve significant milestones in waste stream reduction through recycling and other landfill mitigation efforts.
Notable employees
- Major James Lide Coker founded the Southern Novelty Company in 1899, which became Sonoco in 1923.
- Charles W. Coker, president 1970-1990, CEO 1970-1998, and chairman 1976-2005.
- Harris E. DeLoach, Jr., current chairman and chief executive officer.
- M. Jack Sanders, current president and chief operating officer.
Stock market indices
References
- ^ http://finance.yahoo.com/q/pr?s=SON
- ^ http://www.carolinalive.com/news/story.aspx?id=722495
- ^ http://phx.corporate-ir.net/phoenix.zhtml?c=82014&p=irol-irhome
- ^ http://greenrankings.newsweek.com/ Newsweek's 100 Greenest Large American Companies
- ^ http://money.cnn.com/magazines/fortune/mostadmired/2011/snapshots/544.html
- ^ http://investor.sonoco.com/phoenix.zhtml?c=82014&p=irol-newsArticle&ID=1628348&highlight=
External links
- Sonoco Products Company Official site.
- Sonoco Products Forbes bio.
- Sonoco Products Co. (SON) Yahoo finance bio.
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