Sonoco adding molded foam plant in Mexico

Published: March 15, 2013 1:46 pm ET
Updated: March 15, 2013 1:48 pm ET

Related to this story

Topics Packaging, Mexico

CELAYA, MEXICO — Sonoco Products Co. is building a $10.5 million plant in Celaya to produce molded foam products for its Sonoco Protective Solutions division.

The plant, which will have more than 200 employees when fully operational, should be completed by late 2013.

The plant will manufacture molded foam products for the automotive, appliance, aerospace, industrial and medical markets.

Sonoco is building the plant in response to demand from customers in the U.S. and Mexico.

"This new state-of-the-art plant in Celaya will allow us to better serve our customers in Central Mexico and better position us to capitalize on the tremendous growth that is occurring in the region," said Vicki Arthur, vice president of global protective solutions, in a March 15 news release.

Sonoco, based in Hartsville, S.C., has approximately 19,900 employees at 347 facilities across 34 countries. That includes Protective Solutions plants in Jalisco and Chihuahua, Mexico.

The firm had sales of more than $4.7 billion in 2012, including $38.8 million in sales from the Protective Solutions division, according to SEC filings.


Comments

Sonoco adding molded foam plant in Mexico

Published: March 15, 2013 1:46 pm ET
Updated: March 15, 2013 1:48 pm ET

Post Your Comments


Back to story


More stories

Image

Pregis, Sealed Air settle film-foam patent dispute out of court

August 28, 2014 1:01 pm ET

A couple of packaging companies are settling their patent fight over film-foam underlayment.    More

Image

Canadian mold maker Thibault adding to new operation in Mexico

August 27, 2014 3:19 pm ET

Canadian mold maker I Thibault Inc has purchased an established Mexican company, Tecnimoldes SA de CV, for a seven-figure-dollar-sum and renamed it...    More

Image

Nova expanding PE research center

August 26, 2014 1:36 pm ET

Nova Chemicals Corp. has broken ground on an expansion of its polyethylene research center in Calgary, Alberta.    More

Image

Kayak maker Confluence taking on a broader outdoor products business focus

August 26, 2014 12:54 pm ET

Canoe and kayak rotational molder Confluence Watersports Co. has a new owner and a new name — Confluence Outdoor Co. — that reflects a...    More

Image

Sonoco buys Germany's Weidenhammer, plans for thin-walled packaging growth

August 25, 2014 1:41 pm ET

Sonoco Products Co.'s acquisition of Weidenhammer Packaging Group GmbH of Germany includes plastic packaging technology that the company is targeting ...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events