Sonoco Products Company (NYSE:SON)
CAPS Rating:
The Company is a manufacturer of industrial and consumer packaging products and a provider of packaging services, with 324 locations in 35 countries.
The Company is a manufacturer of industrial and consumer packaging products and a provider of packaging services, with 324 locations in 35 countries.
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Recs
Pretty good company in a tough marketplace. Unless they can follow the demand to low-labor-cost countries, they are in a longer-than-most uphill battle for the long haul. They seem too stuck in the West and in the good-old-boy past. Signs of change are few and superficial it seems.