Placon Acquires Former Sonoco Packaging Facility in Wilson, North Carolina

October 14, 2021

Placon acquired substantially all operating equipment of a former Sonoco thermoforming packaging operation in Wilson, North Carolina and will hire more than 80 employees at the 112,000 sq. ft. site. The move immediately expands Placon's production capacity and Southeast footprint to serve growing demand from retail, food and medical customers.

Buyers
Placon
Targets
Former Sonoco packaging operation (Wilson, North Carolina thermoforming facility)
Sellers
Sonoco
Industry
Packaging
Location
North Carolina, United States
Transaction Type
Divestiture

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