HARTSVILLE, S.C., June 29 /PRNewswire-FirstCall/ -- Sonoco (NYSE: SON)
will increase prices for its paper-based tubes and cores and related
specialty products by 6 percent in the United States and Canada effective
with shipments on or after July 31, 2006, it was announced today by John
Colyer, division vice president and general manager, Industrial Products -
North America.
(Logo: http://www.newscom.com/cgi-bin/prnh/19991006/SNCLOGO)
"Additional price increases being implemented by producers of uncoated,
recycled paperboard are negatively impacting our manufacturing cost
structure. Furthermore, we are continuing to experience inflationary
pressures related to general operating costs, including energy and
production supplies," said Colyer.
Sonoco, founded in 1899, is a $3.5 billion global manufacturer of
industrial and consumer packaging products and provider of packaging
services, with more than 300 operations in 35 countries serving customers
in some 85 nations. Additional information about Sonoco is available at
http://www.sonoco.com.
SOURCE Sonoco
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Related links:
http://www.sonoco.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/19991006/SNCLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Allan V. Cecil, Vice President, Sonoco,
+1-843-383-7524, or allan.cecil@sonoco.com
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