SON Sonoco Products Company

Recent Sonoco Acquisition, TEQ Thermoform Engineered Quality, Rebrands as TEQ

Recent Sonoco Acquisition, TEQ Thermoform Engineered Quality, Rebrands as TEQ

HUNTLEY, Ill., Feb. 26, 2020 (GLOBE NEWSWIRE) -- Recently acquired by Sonoco (NYSE: SON), TEQ Thermoform Engineered Quality, a global manufacturer of thermoformed packaging, serving healthcare, medical device and consumer markets, will rename and brand all its manufacturing locations strictly as TEQ. This includes facilities across Europe, currently branded as Plastique. The legal name will become SONOCO TEQ, with the appropriate company type dependent on the region of the facility.

In January 2020, Sonoco, one of the most sustainable, diversified global packaging companies, completed the acquisition of Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ).

The comprehensive rebrand will unite manufacturing locations globally and focus on creating a more seamless customer experience. TEQ operates three thermoforming facilities as well as one extrusion operation in the United States, a thermoforming operation in the United Kingdom, and thermoforming and molded-fiber manufacturing in Poland. Each facility has state-of-the-art cleanroom capabilities enabling the production of sterile, barrier packaging systems for pharmaceuticals and medical devices. In addition, TEQ produces recyclable, molded-pulp-fiber packaging and thermoformed plastic packaging for multiple consumer products.

“The rebranding of TEQ Thermoform Engineered Quality and Plastique to the TEQ name displays the evolution of how our brands have grown more cohesive to address the needs of our mutual customers,” said Todd McDonald, director of sales and marketing for TEQ.

Fibrepak, the fiber molding division of TEQ, will retain its own separate brand identity. Fibrepak uses the latest 'Cure-In-The-Mold' technology to produce the highest quality, most well-defined fiber packaging available. Products differ from traditional molded pulp packaging in several ways. For example, the packaging boasts a high tolerance that enables accurate registration to ensure a consistent fit. The process also allows for thin walls, defined hinges and a smooth premium finish.

TEQ has recently made significant investments at all their business locations. This includes building ISO 7 controlled environments certified to ISO 13485 at the facilities in Nottingham, United Kingdom, and Poznan, Poland. The company has also added Kiefel KMD 78’s in both locations, making them one of the largest users of Kiefel thermoforming machines in the world. Additionally, an extrusion facility has been installed at the manufacturing facility in Huntley, Ill. This expansion will help provide proprietary materials: TEQethylene, TEQpropylene and TEQconnex.

About TEQ

For over 25 years, TEQ has been dedicated to being the leader of global quality thermoform manufacturing. With recent expansion, TEQ’s continuous innovation, design capability, and process control gives the company the ability to serve customers better than anyone else. TEQ is uniquely positioned to help medical device manufacturers meet demanding testing and validation requirements and reduce their time to market by avoiding costly redesign efforts and delays. In addition, TEQ provides value added products like heat seal machines, engineering services, and flexible packaging.

About Sonoco

Founded in 1899, Sonoco (NYSE: SON) is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5.4 billion, the Company has 23,000 employees working in approximately 300 operations in 36 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support our corporate purpose of Better Packaging. Better Life. The Company ranked first in the Packaging sector on Fortune’s World’s Most Admired Companies for 2020 as well as Barron’s 100 Most Sustainable Companies. For more information, visit .

Contact: 
Ellen Hacker
  
800-874-7113
EN
26/02/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sonoco Products Company

 PRESS RELEASE

Craig L. Nix Appointed to Sonoco Board of Directors

Craig L. Nix Appointed to Sonoco Board of Directors HARTSVILLE, S.C., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that, Craig L. Nix, CPA has been appointed to its Board of Directors (the “Board”). Mr. Nix serves as Chief Financial Officer of First Citizens BancShares, Inc. (Nasdaq: FCNCA), a top 20 financial institution and the largest family-controlled bank in the United States, based in Raleigh, N.C. At First Citizens, he is responsible for all corporate finance ...

 PRESS RELEASE

Sonoco Declares Regular Quarterly Common Stock Dividend

Sonoco Declares Regular Quarterly Common Stock Dividend HARTSVILLE, S.C., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.53 per share quarterly common stock dividend. This dividend will be paid on March 10, 2026, to shareholders of record as of February 25, 2026. According to Howard Coker, President and Chief Executive Officer, this is the 403rd consecutive quarter and 100th year dating back to 1925, that Sonoco has paid dividends to shareholders, and is the 42nd consecutive year the Company has increased its annualized dividend. Based on...

 PRESS RELEASE

Sonoco and ENGIE Announce Commencement of 140-Megawatt Virtual Power P...

Sonoco and ENGIE Announce Commencement of 140-Megawatt Virtual Power Purchase Agreement Big Sampson Wind Project is First Offsite Renewable Energy Project for Sonoco  Will represent over 83% of Sonoco U.S. electricity needs HARTSVILLE, S.C., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE:SON), one of the largest global sustainable packaging companies, and ENGIE North America (“ENGIE") today announced that delivery of the Virtual Power Purchase Agreement (“VPPA”) for production from ENGIE’s Big Sampson Wind Project (“Big Sampson”), in Crockett...

 PRESS RELEASE

Sonoco Chief Operating Officer Rodger Fuller to Retire

Sonoco Chief Operating Officer Rodger Fuller to Retire HARTSVILLE, S.C., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that Chief Operating Officer (“COO”) Rodger Fuller plans to retire after a 40-year career in Company leadership effective February 28, 2026. Since becoming Chief Operating Officer (COO) in 2020, Fuller has been responsible for the Company’s global consumer and industrial operations as well as its diversified businesses and Information Technology. More...

 PRESS RELEASE

Sonoco Announces Fourth Quarter Earnings Release and Investor Day Date...

Sonoco Announces Fourth Quarter Earnings Release and Investor Day Dates HARTSVILLE, S.C., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced it will release its 2025 Fourth Quarter and Full-year financial results at approximately 4:00 p.m. ET on Monday, February 16, 2026. The Company also will host an Investor Day on Tuesday, February 17, 2026, at the Lotte New York Palace (455 Madison Avenue, New York, NY) starting at 8:00 a.m. ET. The Company’s Investor Day meeting will ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch