Category Archives: Manufacturing

Bamberg’s Phoenix Specialty celebrates 110 years in business March 23

BAMBERG, S.C. -- This year one of the most extraordinary companies in South Carolina will celebrate its 110th anniversary. The Hurst family will host the Phoenix Specialty Mfg. Co. Gold Anniversary celebration for employees, customers, local and state dignitaries and media in Bamberg on Thursday, March 23. Phoenix Specialty Manufacturing is a fourth-generation, family-owned company…
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Sonoco releases financial results for 4th quarter and full-year 2016

HARTSVILLE, S.C. -- Sonoco, one of the largest diversified global packaging companies, today reported financial results for its fourth quarter and full-year 2016. Fourth Quarter Highlights Fourth quarter 2016 GAAP earnings per diluted share were $1.04, compared with $0.55 in 2015. As a result of the Company's accounting calendar, the fourth quarter contained five fewer…
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Sonoco to acquire Peninsula Packaging Co.

HARTSVILLE, S.C. -- Sonoco, one of the largest diversified global packaging companies, announced it has signed a definitive agreement to acquire Peninsula Packaging Company for approximately $230 million in cash. Peninsula, which is owned by a fund managed by Odyssey Investment Partners, LLC, is a leading manufacturer of thermoformed packaging for fresh fruit and vegetables…
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Sonoco announces first wooden plugs price increase in 6 years

HARTSVILLE, S.C. -- The Reels Division of Sonoco announced it is implementing a general price increase for both new and recycled molded wooden plugs in the United States and Canada. Sonoco has not increased prices for its plug products since 2011. The price increase is expected to be in the range of 6-8%. “This increase…
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S.C. safety summit to be held in Spartanburg on March 14-16

(Columbia, South Carolina) - The South Carolina Manufacturers Alliance, South Carolina OSHA and the South Carolina National Safety Council will host the 2017 South Carolina Safety Summit at The Marriott in Spartanburg, South Carolina March 14-16.  If you are a manufacturer and would like to apply for the safety award that will be given during…
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Sonoco increases prices on uncoated recycled paperboard products

HARTSVILLE, S.C. -- Sonoco announced it is implementing a $60 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada. Sonoco previously announced a URB price increase of $40 to $60 per ton in October 2016, and the Company is revising the increase for all grades to…
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House Speaker Lucas, McCrary honored for manufacturing industry support

(Columbia, South Carolina) - Speaker Jay Lucas and William "Bill" McCrary, Jr.  were recognized by the South Carolina Manufacturers Association as Roger Milliken Defender of Manufacturing Award Recipients last month during an awards dinner at the Marriott in Spartanburg, South Carolina. Established in 2006, the Defender of Manufacturing Award recognizes individuals in the public and…
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PurePower Technologies names David Shrader vice president of sales and marketing

BLYTHEWOOD, S.C. -- PurePower Technologies (PPT), a leader in the engineering and manufacturing of new and remanufactured diesel fuel injectors and turbochargers for OEMs and the aftermarket, today announced that David Shrader has been appointed vice president – Sales and Marketing.  Reporting to President and CEO Jerry Sweetland, Shrader will be responsible for leading all…
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Strategic Development Group facilitates site selection for Texas plant

Columbia-based Strategic Development Group (SDG), one of the nation’s leading corporate site selection consultants, recently helped Sumiden Wire Products Corporation select a site for a new manufacturing location for prestressed concrete strand (PC strand) in Dayton, TX.  The 110,000 square foot facility will bring a capital investment of over $15 million dollars and provide 25-30…
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Sonoco announces senior leadership changes

HARTSVILLE, S.C., -- Sonoco, one of the largest global diversified packaging companies, today announced several new senior leadership changes which will become effective January 3, 2017, according to M. Jack Sanders, President and Chief Executive Officer. Robert C. Tiede, 58, has been appointed Executive Vice President and Chief Operating Officer and will have global leadership,…
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