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-0.000124069478908252 -0.000620347394541084 -0.000248138957816504 -0.00124069478908199 0.0022332506203473 0.00607940446650118 0.00434243176178653 0.00831265508684866
Stock impact report

Sonoco outlines another restructuring, names leaders [Yahoo! Finance]

Sonoco Products Company (SON) 
Last sonoco products company earnings: 4/16 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.sonoco.com/investor-relations-0
Company Research Source: Yahoo! Finance
Following a series of M&A deals and executive shifts, Sonoco is restructuring its business units again and naming new segment leaders. Sonoco is consolidating its metal packaging and rigid paper containers businesses under one structure less than two years after making those two of the company's four core business segments, alongside industrial packaging and the thermoformed and flexibles unit Sonoco divested the flex-therm business to Toppan Holdings for $1.8 billion in April. In June, the company confirmed it would invest millions of dollars into four U.S. facilities to expand manufacturing of its rigid paper cans with paper bottoms. Headshots of Seán Cairns and Ernest Haynes, both leaders at Sonoco. The newly combined metal and RPC segment will be based on two geographies: consumer packaging in EMEA/APAC and the Americas. Seán Cairns has been named President of Consumer Packaging for EMEA/APAC and will report to Sonoco CEO Howard Coker. Ernest Haynes has been named President Show less Read more
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