The transaction includes mills, sheet and corrugated assets in multiple states. The deal comes as Greif says it’s prioritizing polymer-based products and was unwilling to invest to become more competitive in containerboard.| Packaging Dive
Executives made good on their promise to provide details about the $100 million cost-reduction plan announced on last week’s earnings call. Plus, they further explained the decision to invest more in the plastics sector.| Packaging Dive
Executives on Thursday’s earnings call also detailed the financial impacts of two recently announced closures, as well as the expected effects of tariffs.| Packaging Dive
Closing the mill, which manufactures CRB and URB, will affect an estimated 72 employees. The move is part of a multiyear cost reduction plan.| Packaging Dive
DELAWARE , Ohio , Aug. 01, 2025 (GLOBE NEWSWIRE) -- Greif (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will permanently close the steel and polymer drum facility in Merced, California as part of its previously announced optimization efforts.| Greif, Inc.
Packaging news for industry leaders. Covering recycling, tech, design, manufacturing and more.| www.packagingdive.com