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DocuSign Envelope ID: BF09D2E9-7297-4B22-8360-A1E6C073ECAF <br /> Statement of Understanding of Services Sought by County <br /> 1. Contractor has a minimum of five(5)years of experience processing recyclable material. <br /> a. Sonoco Recycling has been processing recyclable material in the area since the early <br /> 1970's. Our Raleigh facility is located at 111 South Rogers Lane,Raleigh,and has been <br /> operational since 2006. Our Durham facility is located at 4619 Industry Lane,Durham, <br /> and has been operational since 1978. <br /> b. We have similar contracts with the City of Durham and the City of Raleigh. Combined, <br /> these contracts generate approximately 44,000 tons per year. In addition we have similar <br /> contracts with Waste Industries,which generates 37,800 tons per year,with a mixture of <br /> single stream, OCC, and rigid plastics. <br /> 2. Contractor has a minimum of five(5)years of experience marketing and selling recyclable <br /> material. <br /> a. Sonoco Recycling has been marketing and selling recyclable material since the 1970's. <br /> b. Our history in recycling dates back to the 1920s.Today,we have 40 recycling operations <br /> globally and maintain strategic relationships with more than 15,000 major retailers, <br /> manufacturers and municipalities. Our parent company, Sonoco Products,headquartered <br /> in Hartsville, SC since 1899, is a direct consumer of most recyclable materials. <br /> c. With Sonoco owned Paper Mills located in Hartsville SC,Richmond VA,and Newport <br /> TN,an estimated 65%of our recyclables out of our Raleigh and Durham locations are <br /> shipped back to these mills. This allows us continued inbound movement for residential <br /> single stream material from our customers in the area. <br /> d. Sales Manager experience: <br /> i. Will.Newsome,Trade Sales and Marketing Manager <br /> o Assignment—Will is responsible for marketing and selling all fiber and non <br /> fiber material out of Sonoco Recycling locations in the United States. <br /> o Experience with Company 18 Years,all with Sonoco Recycling,LLC. <br /> o Education—Bachelor of Science Degree in Business Administration& <br /> Accounting from the Citadel 2000. <br /> o Summary of Professional Training and Experience—Will began his career in <br /> operations and accounting,progressing to a plant manager position in 2004. <br /> After a successful tenure as a plant manager Will went into Field <br /> Procurement in 2007,finally being promoted to his current position in 2016. <br /> 3. Contractor shall have a minimum of 5 years technical experience in material recovery and <br /> recycling. <br /> a. Sonoco Raleigh MRF has been fully operational since 2006,and we have been <br /> processing recyclable materials throughout Orange County since the 1970's. <br /> b. Sonoco Durham has been fully operational since 1978. <br /> 4. Contractor shall provide sufficient financial information to describe the financial condition and <br /> strength of the company. <br /> a. 2018 Annual Report can be accessed via the web www.sonoco.com. <br /> b. Financial highlights include: <br />