Sonoco purchased the composite can operations of Amcor Packaging. The
acquisition is expected to be accretive in the first year.
The Amcor operations consist of two plants, one in suburban Melbourne and the other in Sydney, and they primarily serve the spice, food and cleanser sectors. Sales for the two plants in fiscal 1999/2000 amounted to $7.8 million. Sonoco currently has one composite can line in a plant in Sydney serving the caulk market.
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