Category Archives: Manufacturing

Sonoco partnership announces expansion of Alabama facility

HARTSVILLE, S.C. -- Cascades Sonoco, a joint venture of Sonoco Products Company (NYSE:SON) and Cascades Inc. (TSE:CAS) announced the investment of approximately $16 million for the expansion of its existing Birmingham, Ala., facility. This investment in world-class water based coating technology will provide coated paper and paperboard substrates using its new FlexShield, FluteSHIELD and SurfSHIELD…
Read more

Domtar Corp. declares regular quarterly dividend

FORT MILL, S.C. -- Domtar Corporation  announced that its Board of Directors has declared a quarterly dividend on its common stock UFS, +0.47% (UFS). The dividend of US$0.415 per share is payable on April 17, 2017 to stockholders of record on April 3, 2017. About Domtar Domtar is a leading provider of a wide variety…
Read more

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…
Read more

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…
Read more

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…
Read more

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…
Read more

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…
Read more

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…
Read more

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…
Read more

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…
Read more