Jan. 30, 2012
Haitian Artists Turn Steel Donated by Greif into Works of Art
As part of its working relationship with the Clinton Global Initiative, Greif, Inc. has supplied 40 tons of steel drum lids to the artisans of Croix-des-Bouquets, Haiti. Their traditional supply of used steel drums was disrupted with the earthquake in January 2010, and has not been restored. With the donated steel, the artisans are able to continue supporting themselves through their work by selling to retailers, including Macy's and West Elm. The art is also available at www.haitimetalart.com and www.caribbean-craft.com. Read more...
Dec. 7, 2011
Greif, Inc. Reports Fourth Quarter and Fiscal Year 2011 Results
Greif, Inc. today announced results for its fourth quarter and fiscal year, which ended Oct. 31, 2011. The company reported fiscal 2011 nets sales of $4.2 billion, operating profit of $337.1 million ... Read more
Dec. 6, 2011
Greif, Inc. Declares Fourth Quarter 2011 Dividends
Greif's Board of Directors today declared quarterly cash dividends of $0.42 per share of Class A Common Stock and $0.62 per share of Class B Common Stock. The dividends are payable on Jan. 1, 2012 to shareholders of record at close of business on Dec. 20, 2011. Read more...
Nov. 28, 2011
Greif, Inc. Updates Fiscal 2011 Guidance
Greif, Inc. has revised its outlook for fiscal 2011, which ended Oct. 31. Diluted Class A earnings per share before special items are expected to be $3.65-$3.75 for 2011 compared to the company's previous guidance of $4.15-$4.30. The shortfall was primarily caused by lower than expected results in Western Europe. Read more...
Nov. 2, 2011
Industry Leaders Create EarthMinded™ Life Cycle Services
Veteran industry leaders across two continents have come together to create EarthMinded™ Life Cycle Services, now the largest industrial packaging reconditioner in the world. EarthMinded LCS is developing new technology and business approaches to transform industrial container reconditioning and help industrial packaging users achieve their sustainability objectives. Read the full story...
Nov. 1, 2011
David B. Fischer Elected to Greif, Inc. Board of Directors
David B. Fischer, president and CEO of Greif, Inc., was elected to Greif's Board of Directors on Nov. 1. The Board had increased its membership from nine to 10; Fischer fills the new position. Read the full story...