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May 16, 2018updated 03 Feb 2022 3:56am

Sonoco invests in new direct-to-sheet digital printing press

Global packaging firm Sonoco has invested in a new direct-to-sheet digital printing press in a bid to strengthen its capabilities in the production of point-of-purchase displays and other promotional packaging.

Global packaging firm Sonoco has invested in a new direct-to-sheet digital printing press in a bid to strengthen its capabilities in the production of point-of-purchase displays and other promotional packaging.

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The benefits offered by Sonoco ’s digital solution reportedly include improved print quality and display strength thanks to its touch-free printing process.

Sonoco Rigid Paper and Closures North America and Display and Packaging Division vice-president and general manager Jeffrey Tomaszewski said: “Customer reaction has been remarkable. From personal healthcare to home improvement clients, they see the power this game-changing technology for their brands at the First Moment of Truth.

“With our new digital printing press, we can drive a speed-to-market advantage for our customers that is difficult to beat.”

“With our new digital printing press, we can drive a speed-to-market advantage for our customers that is difficult to beat.”

The new press offers improvements in terms of cost savings and lead time due to the absence of printing plates.

The digital nature of the solution also offers a significant amount of customisation opportunities.

The company noted that the usage of UV inks enables durable, fade-resistant printing.

Sonoco recently bolstered its fresh food packaging portfolio by partnering with US-based robotics company Harvest CROO Robotics.

The partnership will allow Sonoco to improve the supply chain for fresh produce by combining harvesting technology and packaging technology.

The company’s net sales for the first quarter of this year increased to $1.30bn from $1.17bn last year.

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Free Report
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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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