Examples of Sonoco in a sentence
Site and Water Rights The Glen Miller Facility is located on a site owned by Sonoco and leased to Glen Miller LP under a 30-year long-term lease, expiring in 2035, with a 15-year extension option in favour of Glen Miller LP, the terms and conditions of which are to be agreed upon by the parties.
No water power lease is required for this site, as Sonoco has held title to the bed of the river on a continuous basis since the 19th century and as such has acquired the right to generate electricity at this site, with no payments due to provincial or federal authorities which would otherwise control hydraulic rights on the river.
Langdon to approve financing for the City of Menasha portion of the Neenah-Menasha Sewerage Plant Upgrade/Improvements Project utilizing Clean Water Fund Loans (CWF) in an amount not to exceed $5.5 million dollars contingent on a guarantee from Sonoco for debt service payment and a hold harmless guarantee for subsidy payment and if there is a cost increase in the project the City of Menasha would be given the option to obtain Clean Water Funds to cover the increase.
The Peer Group includes us and the following companies: AptarGroup, Inc.; Ashland Global Holdings Inc.; Avery Dennison Corporation; Axalta Coating Systems Ltd.; Ball Corporation; Bemis Company, Inc; Berry Global Group, Inc.; Celanese Corporation; Crown Holdings, Inc.; Greif, Inc.; Graphic Packaging Holding Company; Maple Leaf Foods Inc.; Owens-Illinois, Inc.; Packaging Corporation of America; PolyOne Corporation; Silgan Holdings Inc.; and Sonoco Products Company.
Such river bed rights are included in Glen Miller LP’s long-term lease from Sonoco.
DescriptionThe Glen Miller Facility is an 8 MW run-of-river hydroelectric facility located on the Trent River in Trenton, Ontario (the “Glen Miller Facility”), at the site of a paper mill and a small power plant operated by Sonoco Canada Corporation (“Sonoco”) until October 2001.