Ox Industries Opens New Converting Facility In Sturgis, Michigan

Greif is pleased to report that our steel, plastic, fibre drum and chemical filling services that were impacted by Hurricane Harvey are returning to operation. Operation may be limited depending on access to transportation, raw material, or other external services like export shipping Ports. We will keep the safety of our people as the top priority as we resume operations and meet our customers’ needs.

Fiscal Third Quarter 2024 Financial Highlights: *Net income decreased 3.5% to $87.1 million *Net cash provided by operating activities decreased by $125.5 million to $76.8 million. *Total debt of $2,909.5 million increased by $738.0 million. “We are proud to present another solid quarter of performance for Greif,” stated Ole Rosgaard, President and CEO, “While global markets remain uncertain, our diligence in maintaining close contact with our customers has resulted in positive volume momentum in all regions. We are also making strides internally. We are nearing completion of the previously announced internal re-alignment of operating and commercial functions and plan to discuss the benefits of that transition in greater detail at our upcoming Investor Day on December 11”.

Smurfit Kappa’s SupplySmart service has reached 50,000 supply chains, taking optimisation of packaging to a new level. The industry-leading service uses evidence-based analytics and insights, to work with businesses to benchmark risk and optimise efficiency in their supply chain. SupplySmart is the first service of its kind that combines big data from over 50,000 supply chains in over 30 countries with creative solutions, expert knowledge and years of practical experience. The service enables businesses to reduce logistics costs, streamline production and lower packaging costs without compromising on performance. Click Read More below for additional detail.