GREIF INC


Associated tags: Southeastern United States

Locations: DELAWARE, OH, US, OHIO, MEXICO, UNITED STATES, TEXAS

Greif Prepares For Opening of New Manufacturing Facility in Dallas, Texas

Retrieved on: 
Tuesday, April 16, 2024

DALLAS, April 16, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, is finalizing construction on their new bulk corrugated manufacturing facility in Dallas, Texas.

Key Points: 
  • DALLAS, April 16, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, is finalizing construction on their new bulk corrugated manufacturing facility in Dallas, Texas.
  • "We are delighted to establish this new facility in Dallas, Texas,” said Chris Zimmerman, Vice President – Containerboard & Corrugated Sales.
  • "We have formed an excellent team who have worked extremely hard to get this state-of-the-art facility up and running.
  • The Greif CorrChoice Dallas plant will primarily make triple wall sheets and jumbo boxes and will have capabilities that include inline gluing and stitching.

Greif Named 2024 Gallup Exceptional Workplace Award Winner

Retrieved on: 
Wednesday, April 3, 2024

DELAWARE, Ohio, April 03, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, is proud to announce the Company has been recognized with the 2024 Gallup Exceptional Workplace Award (GEWA) for building a culture around the prioritization of engagement of our colleagues.

Key Points: 
  • DELAWARE, Ohio, April 03, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, is proud to announce the Company has been recognized with the 2024 Gallup Exceptional Workplace Award (GEWA) for building a culture around the prioritization of engagement of our colleagues.
  • “As a multi-national manufacturing company, we are extremely honored to be recognized by Gallup as a highly engaged workforce with a performance-oriented culture,” said Ole Rosgaard, President and CEO of Greif.
  • Thank you for setting a new global standard in what it means to be a thriving workplace,” said Jon Clifton, Gallup Chief Executive Officer.
  • “We are thrilled to receive this distinctive recognition from Gallup,” said Bala V. Sathyanarayanan, Greif's Executive Vice President and Chief Human Resources Officer.

Greif Completes Acquisition of Ipackchem

Retrieved on: 
Tuesday, March 26, 2024

DELAWARE, Ohio, March 26, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it has completed its previously announced acquisition of Ipackchem Group SAS ("Ipackchem").

Key Points: 
  • DELAWARE, Ohio, March 26, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it has completed its previously announced acquisition of Ipackchem Group SAS ("Ipackchem").
  • "We are thrilled to welcome an exceptional 1,400 Ipackchem colleagues to Greif," said Ole Rosgaard, President and Chief Executive Officer of Greif.
  • Ipackchem financial results will be reported within the Greif Global Industrial Packaging segment.
  • Financial expectations for the FY24 ownership period of Ipackchem will be included in the guidance provided in the Company’s second quarter 2024 earnings release.

Greif Reports First Quarter 2024 Results

Retrieved on: 
Wednesday, February 28, 2024

DELAWARE, Ohio, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced first quarter 2024 results.

Key Points: 
  • DELAWARE, Ohio, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced first quarter 2024 results.
  • “Greif once again has produced solid financial results in a challenging operating environment,” said Ole Rosgaard, President and Chief Executive Officer of Greif.
  • Our consolidated CSI score was 93.3 at the end of the first quarter 2024.
  • The table below shows the percentage impact of each of these items on net sales for our primary products for the first quarter of 2024 as compared to the prior year quarter for the business segments with manufacturing operations.

Greif, Inc. Declares Quarterly Dividend

Retrieved on: 
Monday, February 26, 2024

DELAWARE, Ohio, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that its Board of Directors has declared quarterly cash dividends of $0.52 per share on its Class A Common Stock, and $0.78 per share on its Class B Common Stock.

Key Points: 
  • DELAWARE, Ohio, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that its Board of Directors has declared quarterly cash dividends of $0.52 per share on its Class A Common Stock, and $0.78 per share on its Class B Common Stock.
  • The dividends are payable on April 1, 2024, to stockholders of record at the close of business on March 18, 2024.

Greif, Inc. Announces 2024 First Quarter Earnings Release and Conference Call Dates

Retrieved on: 
Monday, February 5, 2024

A conference call will be held on Thursday, February 29, 2024 at 8:30 a.m.

Key Points: 
  • A conference call will be held on Thursday, February 29, 2024 at 8:30 a.m.
  • Greif will provide conference call slides in combination with its first quarter earnings press release on February 28, 2024.
  • The call on February 29, 2024 will include management’s live remarks and a question and answer session.
  • A digital replay of the conference call will be available two hours following the call on the company’s web site at http://investor.greif.com .

Greif Announces New Partnership with the Columbus Blue Jackets NHL Franchise

Retrieved on: 
Friday, February 2, 2024

DELAWARE, Ohio, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, is excited to announce a new corporate partnership with the Columbus Blue Jackets National Hockey League (NHL) franchise through 2026.

Key Points: 
  • DELAWARE, Ohio, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, is excited to announce a new corporate partnership with the Columbus Blue Jackets National Hockey League (NHL) franchise through 2026.
  • The partnership includes a new fundraising platform for the Blue Jackets Foundation, supporting their community initiatives, and contributing to the team’s hockey-themed wellness curriculum.
  • After years as terrace ticket holders, we believed it was time to elevate our partnership with the Columbus Blue Jackets, providing an opportunity to engage with the community through impactful initiatives,” said Crystal Cassady, Public Relations at Greif.
  • The partnership also includes support for the Blue Jacket’s Power Play Challenge program, which is a free, hockey-themed wellness curriculum designed to combat childhood obesity.

Greif and IonKraft Announce New Pilot-Project Partnership to Revolutionize Industrial Packaging  

Retrieved on: 
Friday, January 12, 2024

DELAWARE, Ohio, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, and IonKraft, a barrier technology company specializing in plasma-based coatings, are pleased to announce a new pilot-project partnership.

Key Points: 
  • DELAWARE, Ohio, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, and IonKraft, a barrier technology company specializing in plasma-based coatings, are pleased to announce a new pilot-project partnership.
  • The collaboration aims to revolutionize the challenges of recyclability and sustainability in plastic jerrycan packaging that requires an additional barrier solution.
  • Industrial plastic packaging is highly recyclable, but certain applications that require barrier solutions can make recycling more challenging.
  • "Together, we can make a significant impact on the recyclability of plastic packaging and contribute to a more sustainable future."

Greif Announces Price Increase for Uncoated Recycled Paperboard (URB), Tube and Core and Protective Packaging Products

Retrieved on: 
Friday, January 5, 2024

DELAWARE, Ohio, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced today it is implementing a $40 to $70 per short ton increase for all grades of uncoated recycled paperboard (URB) and a minimum 6.0 percent increase on all tube and core and protective packaging products.

Key Points: 
  • DELAWARE, Ohio, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced today it is implementing a $40 to $70 per short ton increase for all grades of uncoated recycled paperboard (URB) and a minimum 6.0 percent increase on all tube and core and protective packaging products.
  • The uncoated recycled paperboard increase is effective with new orders and shipments on and after February 5, 2024.
  • The tube and core and protective packaging increase is effective with shipments on and after February 12, 2024.
  • The tube and core and protective packaging products price increase is a consequence of the URB price increase, the primary raw material contained in those products.

Greif Reports Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Wednesday, December 6, 2023

DELAWARE, Ohio, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced fourth quarter and fiscal 2023 results.

Key Points: 
  • DELAWARE, Ohio, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced fourth quarter and fiscal 2023 results.
  • Our consolidated CSI(6) score was 93.1 at the end of the fourth quarter 2023.
  • The table below shows the percentage impact of each of these items on net sales for our primary products for the fourth quarter of 2023 as compared to the prior year quarter for the business segments with manufacturing operations.
  • Net sales from Lee Container, Centurion Container, ColePak and Reliance’s primary products are not included in the table below, but will be included in their respective segments starting in the first fiscal quarter for Lee Container, second fiscal quarter for Centurion Container and fourth fiscal quarter for ColePak and Reliance.