Sonoco Implementing Price Increase for Tubes and Cores in Mexico
29 4월 2024 - 9:15PM
Sonoco (NYSE: SON) today announced it is implementing a 6% price
increase for tubes and cores products sold in Mexico starting with
May 2024 deliveries.
“This price adjustment is due to inflationary
pressures and increased costs in basic raw materials to produce our
products,” said Jose Villafaña, Vice President/General Manager for
Paper Products Latin and South America. “We have postponed this
cost increase as long as possible, but market conditions have made
this change inevitable. We will continue to monitor the situation
closely and take all actions needed to support our customer base
with high quality goods and services.”
Contact Information: Lisa Weeks
Vice President of Investor Relations & Communications
lisa.weeks@sonoco.com 843-383-7524
About Sonoco With net
sales of approximately $6.8 billion in 2023, the Company has
approximately 23,000 employees working in more than 300 operations
around the world, serving some of the world’s best-known brands.
With our corporate purpose of Better Packaging. Better Life.,
Sonoco is committed to creating sustainable products and a better
world for our customers, employees, and communities. Sonoco was
named one of America's Most Responsible Companies by Newsweek. For
more information on the Company, visit our website at
sonoco.com.
Sonoco Products (NYSE:SON)
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Sonoco Products (NYSE:SON)
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