Sonoco announces $30M investment to expand adhesives, sealants market capacity

Sonoco (SON) Products Company announced a $30M capital investment to expand its production capacity in the growing adhesives and sealants market. This strategic initiative will add 100 million additional units of annual capacity, ensuring Sonoco continues to meet increasing market demands while enhancing supply security. This investment includes both the enhancement of existing production lines and the installation of new lines, reinforcing Sonoco’s commitment to innovation and customer satisfaction. By expanding its capabilities, Sonoco is positioned to provide more reliable and efficient solutions to its customers in the adhesives and sealants industry. To further ensure the security of supply, Sonoco will distribute its expanded production capacity across three strategically located facilities. This geographic diversity enhances supply chain resilience and provides customers with more reliable access to essential materials.