Daily Newsletter

17 April 2024

Daily Newsletter

17 April 2024

Greif finalises construction of new manufacturing facility in Texas

The new plant will produce triple wall sheets and jumbo boxes for the industrial and agricultural sectors.

Jangoulun Singsit April 17 2024

Greif, an industrial packaging products and services provider, is finalising the construction of its new bulk corrugated manufacturing facility in Texas, US.  

Located in Dallas, the new facility is set to officially open in the coming months.

The Greif CorrChoice Dallas plant will focus on producing triple wall sheets and jumbo boxes, with capabilities that include inline glueing and stitching.  

These products are intended to meet the needs of the industrial and agricultural sectors.  

The company expects the factory to significantly bolster its capacity in the bulk corrugated sector. 

It will also create new opportunities in the South and Southwest US, as well as Mexico. 

Greif Containerboard & Corrugated Sales vice-president Chris Zimmerman said: "We have formed an excellent team who have worked extremely hard to get this state-of-the-art facility up and running. Equipped with highly automated machinery, this facility will enable us to respond swiftly to customer demands while maintaining superior lead times and product quality." 

Headquartered in Delaware, US, Greif offers a diverse range of products, including plastic, fibre drums, and uncoated and coated recycled paperboard, among others.

The company operates a network of more than 250 facilities in 37 countries, employing over 14,000 colleagues. It reported a net income of $67.2m or $1.17 per diluted Class A share in the first quarter of 2024. 

Last month, it completed the previously announced acquisition of Ipackchem, a manufacturer of high-performance rigid plastic barrier packaging products. 

The company commenced exclusive negotiations for the deal in November last year.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close