-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Etxz1f+pU0OWii65gNkmiV8XLDzYJVktCDHcSMAutXqh0luAwQDtkIq5kqy5oDnK vF5cr3sNoVS939ICCviQyg== 0000950123-10-091924.txt : 20101007 0000950123-10-091924.hdr.sgml : 20101007 20101007081725 ACCESSION NUMBER: 0000950123-10-091924 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101007 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20101007 DATE AS OF CHANGE: 20101007 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SONOCO PRODUCTS CO CENTRAL INDEX KEY: 0000091767 STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD CONTAINERS & BOXES [2650] IRS NUMBER: 570248420 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00516 FILM NUMBER: 101112904 BUSINESS ADDRESS: STREET 1: ONE NORTH SECOND ST STREET 2: P O BOX 160 CITY: HARTSVILLE STATE: SC ZIP: 29551-0160 BUSINESS PHONE: 8433837000 MAIL ADDRESS: STREET 1: ONE N. SECOND STREET CITY: HARTSVILLE STATE: SC ZIP: 29550 8-K 1 g24821e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): October 7, 2010
SONOCO PRODUCTS COMPANY
Commission File No. 0-516
     
Incorporated under the laws   I.R.S. Employer Identification
of South Carolina   No. 57-0248420
1 N. Second St.
Hartsville, South Carolina 29550
Telephone: 843/383-7000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

Section 7 — Regulation FD
     Item 7.01 Regulation FD Disclosure.
As a result of the negotiations referred to in Item 2 of the Company’s Quarterly Report on Form 10-Q for the quarter ended June 27, 2010, under the caption “Other Items,” the Company has been advised by one of its Flexible Packaging customers that its current contract to provide certain packaging will not be renewed in its entirety. According to the customer, the business loss will be phased out over the next two years. As a result, the Company will take a noncash, after-tax asset impairment charge of approximately $8 million in the third quarter of 2010. The expected loss of business will not impact current year sales or base earnings.

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SIGNATURE
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  SONOCO PRODUCTS COMPANY
 		  
Date: October 7, 2010  By:   /s/ C.J. Hupfer    
  C.J. Hupfer   
  SeniorVice President and Chief Financial Officer   
 

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