Sonoco Products (SON) 2012 Review

Sonoco Products Co (SON) is a leading producer of paper-based tubes and cores, flexible packaging, rigid plastic containers, cylinder paperboard, composite cans, protective partitions, wire and cable reels and point of purchase displays.

The company has grown profits and dividends at a 5-6% pace over the last five years earning a 13-15% return on equity. The company should continue to grow as a result of:

(1) new product innovation. SON has raised the amount of capital spending dedicated to new product opportunities,

(2) increased focus of consumer oriented businesses,