ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
HARTSVILLE, S.C., Oct. 05, 2016 -- Sonoco (NYSE:SON), one of the largest global diversified packaging companies, has made a significant investment in its high performance film core production equipment. The investment will enable Sonoco to provide enhanced quality cores for film markets where constantly increasing quality standards are so incredibly vital to the integrity of the film. The high performance film markets serviced by these cores include medical films, optical films, window films, photovoltaic applications, battery separator films, packaging films, industrial films and more.
“Many customers rely on Sonoco for highly-engineered cores that protect their investments in delicate, sensitive films. Our proprietary manufacturing processes for producing high performance film cores reduce film scrap and minimize start-up impressions while providing best in class performance on a consistent basis,” said James Harrell, vice president of Tubes & Cores, U.S. and Canada. “This investment in our Hartsville, S.C., facility shows our dedication to this industry and will greatly improve our ability to produce the highest quality products for the most demanding applications.”
Sonoco’s QS™ Series of film cores are designed to deliver a wide array of functional benefits that allow them to perform at the highest level of the High Performance Film Market:
- Smooth surfaces reduce material waste and spiral film impressions
- Straightness allows for high winding speeds and minimizes start-up wrinkles
- Excellent TIR control to ensure uniform rolls of film
- Multiple levels of dust control and cleanliness for sensitive films
- Long length capabilities to produce wide rolls of film
- Engineered core designs for safe and optimal roll weight capacities during winding and shipping
- Engineered core designs with dimensionally stable properties
About Sonoco
Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging and display and packaging supply chain services. With annualized net sales of approximately $5.0 billion, the Company has 21,000 employees working in more than 300 facilities in 34 countries, serving many of the world’s best known brands in some 85 nations. For more information on the Company, visit our website at www.sonoco.com.
Contact: Brian Risinger +843-383-7509 [email protected]
