Sonoco Products Company has confirmed plans to invest $40m (€34.8m) over the next two years to modernise and expand production at its uncoated recycled paperboard (URB) mill in Richmond, Virginia.
The investment is expected to increase annual production capacity by approximately 9,000 tons, while improving product quality, manufacturing efficiency and operational performance.
The Richmond mill currently produces approximately 120,000 tons of paperboard annually, supplying material for Sonoco’s paper-based can packaging and lightweight Tan Bending Chip (TBC) grades used across various packaging applications.
“Richmond has long played an important role in supporting our Consumer and Industrial packaging businesses with quality paperboard that delivers value to our customers,” said Howard Coker, President and CEO, Sonoco. “This investment demonstrates our commitment to strengthening Sonoco’s paperboard system through targeted, high-return projects that enhance efficiency, improve product performance and position us to meet growing customer demand. By adding state-of-the-art capabilities, we will further improve the quality and consistency of our products while increasing capacity that supports long-term growth.”