Sonoco Products Co. said third-quarter profit will be less than forecast because of a decline in snack-food sales.
Profit from operations in the current quarter is expected to in line or less that the 44 cents a share earned in the year- earlier period, the company said.
Shipments have declined modestly in the company's two biggest businesses that make tube containers, paper and food containers.
Explore the September 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Cards Recycling, Live Oak Environmental merge to form Ecowaste
- Indiana awards $500K in recycling grants
- Atlantic Alumina partners with US government on alumina, gallium production
- GP Recycling president retires
- Novelis Latchford commissions new bag houses
- UK facility focuses on magnet recycling
- Aduro revenue increases while losses widen
- Worldsteel updates its indirect steel data
