◆ NeutralSON

Sonoco Expands Wood Reels Manufacturing and Assembly Capacity to Meet Growing Market Demand

GlobeNewswire Inc.·
Sonoco Expands Wood Reels Manufacturing and Assembly Capacity to Meet Growing Market Demand

Sonoco Products Company announced over $25 million in investments since 2024 to expand its Wood Reels manufacturing and assembly operations across Hartselle, Alabama and Jefferson, Texas, increasing capacity by more than 30%. The expansion is driven by surging demand for power and communications cable packaging from AI data center growth and power grid modernization. The Hartselle facility will add 15% incremental nailed wood manufacturing capacity and increase floorspace by 33%, while the company operates 22 assembly centers nationwide.

Read Full Article at GlobeNewswire Inc.
← Back to Financial Intelligence