DELAWARE, Ohio– Greif, Inc. (NYSE: GEF, GEF.B), a global leader and industrial packaging solutions provider, announced today that it plans to expand its CorrChoice sheet feeder network with the addition of a new facility. The new world class operation will operate a corrugator and a litho-laminator line, consistent with CorrChoice’s strategy to provide the most responsive service available in the industry on complex orders.
“This investment enables Greif to continue our growth with existing strategic customers while providing more responsive service on a broader range of products,” said Tim Bergwall, Group President, Paper Packaging & Services. “This latest CorrChoice expansion better positions us to provide comprehensive supply of containerboard, sheets, and specialty products to corrugated converters.”
The new facility will be located in the Mid-Atlantic region, offering easy access to several of Greif’s key markets and is expected to enhance transportation efficiencies for both of Greif’s paper mills. The operation is expected to employ 80 colleagues and will be sized similarly to existing CorrChoice locations.
About Greif, Inc.
Greif is a global leader in industrial packaging products and services and is pursuing its vision: in industrial packaging, be the best performing customer service company in the world. The company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard and packaging accessories and provides filling, packaging and other services for a wide range of industries. Greif also manages timber properties in the southeastern United States. The company is strategically positioned in over 40 countries to serve global as well as regional customers. Additional information is on the company’s website at www.greif.com.
Investor contact: Matt Eichmann, 740-549-6067; [email protected]
Media contact: Debbie Crow, 740-657-6992; [email protected]