Global packaging firm Sonoco has purchased a 6-color direct-to-sheet digital printing press to produce point-of-purchase displays and other promotional packaging. The press allows brand owners to respond rapidly to a dynamic retail and ...
Sonoco has reported net sales of $1.30bn for the first quarter of 2018, an increase of 11.2%, compared to $1.17bn from the last year’s quarter. Gross profits for the period stood at $250.6m, an increase of 12.4%, compared to $223m ...
Tags: Sonoco, Converted Products
Global packaging firm Sonoco has completed the acquisition of US firm Highland Packaging Solutions for about $150m. Highland Packaging, which is based in Plant City of Florida, provides thermoformed packaging for fresh fruits, vegetables ...
Tags: Sonoco, Packaging, vegetables
Packaging firm Sonoco has reported a 13.7% increase in net sales to $1.30bn for the fourth quarter of 2017, compared to $1.14bn for the same period in 2016. The company said the growth in net sales was supported by acquisitions, net of ...
Tags: Packaging, packaging segment
Packaging Corporation of America has reported third quarter 2017 net income of $139m or $1.47 per share and $1.68 per share excluding special items. Third quarter net sales were $1.6 billion in 2017 and $1.5 billion in 2016. Special ...
Tags: Packaging, Special items
Packaging firm Sonoco has reported an increase of 9.6% in its net sales in this year’s third quarter compared to the same quarter in the last year. The sales have been increased due to higher selling prices, as well as sales added ...
US-based Foremost Graphics has invested in KBA Rapida 106 41-inch sheetfed press in order to enhance its production operations. The company has installed the press at its newly remodeled 80,000ft² facility located outside of Grand ...
Tags: Foremost Graphics, Sheetfed Press
US corrugated packaging firm Westrock has reported net sales of $3.69bn for third quarter ended 30 June 2017, compared to $3.59bn for the same period last year. Net incone was $328.1m in the quarter, compared to $92.3m in the year-ago ...
Tags: corrugated packaging, packaging
Kodak said it will showcase its flexo, inkjet and software technologies and solutions for label and packaging printing at Labelexpo Europe 2017. The company is also opening Kodak Flexo HUB in Brussels, a new flexo packaging technology ...
Packaging Corporation of America (PKG) has reported sales of $1.6bn for the second quarter of this year, compared to $1.4bn for the same period last year. The company reported a net income of $143m for the period, compared to $115.9m in ...
Tags: Packaging, containerboard
Veritiv a North American leader in business-to-business distribution solutions, has announced financial results for the first quarter ended 31 March, 2017. "Our first quarter results were mixed," said Mary Laschinger, Chairman and CEO of ...
Packaging Corporation of America has reported first quarter 2017 net income of $117m or $1.24 per share and $1.27 per share excluding special items. First quarter net sales were $1.5 billion in 2017 and $1.4 billion in 2016. Reported ...
Tags: Packaging, special items
Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...
DS Smith’s plastic business unit Rapak North America has introduced new DuraBev beverage bags for bag-in-box (BIB) packaging formats. The company has designed new packaging solution for BIB applications such as post-mix syrup and ...
Tags: Beverage Bags, Beverage
KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging