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In 2009, the company opened a new design center and project-management facility in Hong Kong, operating under the name Packaging Corporation of Asia Limited. The company has acquired many companies, including Boise Inc. in 2013, [ 5 ] TimBar Corporation [ 6 ] and Columbus Container, Inc. [ 7 ] in 2016, Sacramento Container Corporation in 2017 ...
The company was founded in 1889 as Southern Novelty Company with annualized net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. [3] The company is headquartered in Hartsville, South Carolina, and is South Carolina's largest corporation in terms of sales. [4]
Rhone Group acquired the company in 2014. [20] In 2019, a group led by One Madison Group and its founder, Omar Asali, purchased Ranpak from Rhone Group for $950 million. [21] Asali, former co-head of Goldman Sachs Hedge Fund Strategies, is the current president and CEO. [22]
MeadWestvaco Corporation was an American packaging company based in Richmond, Virginia. It had approximately 23,000 employees. In February 2006, it moved its corporate headquarters to Richmond. In March 2008, the company announced a change to start using "MWV" as its brand, but the legal name of the company remained MeadWestvaco. [3]
Evergreen Packaging was acquired by Reynolds Group Holdings Limited in 2010. [8] On September 8, 2021 it was announced the company will acquire, through its wholly-owned subsidiary Pactiv Evergreen Group Holdings, Fabri-Kal a manufacturer of foodservice and consumer brand packaging solutions [buzzword], for $380 million. [9]
Contract packaging companies make use of a range of different machines, typically utilized on automated lines for faster production and turnaround times. Automated bottling lines may be used for containing liquids such as water, soft drinks, beer, and wine, and are capable of filling bottles at a rate of 30,000 bottles per hour. [ 5 ]
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