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Home >>> About Us
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Sonoco timeline 1951–1970 |
1951
- Installed #9 paper machine in Hartsville.
1952
- Acquire National Paper Company, Ltd. Los Angeles, CA, USA.
- Issued 100% stock dividend.
- Began tube manufacturing at new plant in Akron, IN, USA.
1955
- Started tube-manufacturing operations at Longview, TX, USA.
- Issued 10% stock dividend.
1957
- Acquired National Paper Company of Atlanta, GA, USA.
1958
- Started the #10 Fourdrinier paper machine for producing corrugating medium as a joint venture.
1959
- Issued 10% stock dividend.
- Started tube manufacturing operations in Fremont, CA, USA, later moved to Hayward, CA.
1960
- Sales were $28,200,000 and income was $2,460,000.
- Started operations at Richmond, VA, USA, after acquiring the machinery and inventories of the Dixie and Paper Tube Company.
- Purchased paper mill at Munroe Falls, OH, USA.
- Acquired paper mill from Newton Paper Company and began tube operations in Holyoke, MA, USA.
1961
- James Lide Coker, III died at age 56. His brother, Charles W. Coker, another grandson of Major Coker, was elected president.
- Started spiral tube operation at Ravenna, OH, USA.
- Acquired Industrial Steel and Fibre Limited, producers of tubes, cores, fibre drums and composite containers, located in Terrebonne, Quebec, and Toronto, Ontario, Canada.
1962
- Started tube operations at Tacoma, WA, USA.
1963
- Started spiral tube operations at Janesville, WS, USA.
- Purchased a paper machine at Rockton, IL, USA.
- Issued a 10% stock dividend.
1964
- Started tube operations in Louisiana, MO, USA.
- Started composite can operations in Orlando, FL, USA.
- Acquired a paper mill in Amsterdam, NY, USA.
- Began business relationship with Showa Products Company of Japan.
1965
- Started tube operations in Newport, TN, USA.
- Stock converted from $5 to $2.50 par value and split two-for-one.
1966
- Started composite can operations in Charleston, SC, USA.
1967
- Started composite can operations in Henderson, KY, USA.
1968
- Started tube operations in Canandaigua, NY, USA.
- Acquired properties and paper mill of Downingtown Paper Company, Downingtown, PA, USA.
1969
- Acquired assets of Deslauriers Column Mould Company, Inc, Chicago, IL, USA, which were later sold.
- Started plastic tube operations at Union, SC, USA.
1970
- Acquired lumber mill of Coxe Lumber Company, Inc, Darlington, SC, USA, and leased their timberlands.
- Merged Downingtown Paper Company into Sonoco Products Company.
- Started tube operations in Lincolnton, NC, USA.
- Charles W. Coker, Sr. was elected chairman and Charlie Coker, Jr. was elected president.
- Sales were $125,027,000 and income was $6,600,000.
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