Profile: Greif Inc (GEF)
16 Mar 2018
Greif, Inc., incorporated on January 25, 1926, is a producer of industrial packaging products and services. The Company's segments are Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services, and Land Management. As of October 31, 2016, the Company had operations in over 45 countries.
Rigid Industrial Packaging & Services
The Rigid Industrial Packaging & Services business segment is the aggregation of two operating segments: Rigid Industrial Packaging & Services-Americas, and Rigid Industrial Packaging & Services Europe, Middle East, Africa and Asia Pacific. The Rigid Industrial Packaging & Services segment is engaged in the production and sale of rigid industrial packaging products, such as steel, fiber and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services. The Company's rigid industrial packaging products and services are sold to customers in industries, such as chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agricultural, pharmaceutical and mineral products, among others.
Paper Packaging & Services
The Paper Packaging & Services segment is engaged in the production and sale of containerboard, corrugated sheets, corrugated containers and other corrugated products to customers in North America in industries, such as packaging, automotive, food and building products. The Company's corrugated container products are used to ship such diverse products as home appliances, small machinery, grocery products, automotive components, books and furniture, as well as various other applications.
Flexible Products & Services
The Flexible Products & Services segment is engaged in the production and sale of flexible intermediate bulk containers and related services on a global basis. The Company's flexible intermediate bulk containers are constructed from a polypropylene-based woven fabric that is produced at its production sites, as well as sourced from regional suppliers. Its flexible products are sold globally and service customers and market segments similar to those of its Rigid Industrial Packaging & Services segment.
The Land Management segment is involved in the management and sale of timber. The Company is focused on the active harvesting and regeneration of its timber properties in the United States. In addition, the Company sells, from time to time, timberland and special use land, which consists of surplus land, higher and better use (HBU) land, and development land. As of October 31, 2016, the Company owned 244,548 acres of timber property in the southeastern United States.
425 Winter Rd
DELAWARE OH 43015-8903