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Stock impact report

Greif Expands Footprint With New Facility in Pasir Gudang [Yahoo! Finance]

Greif Inc. Class A (GEF) 
Last greif inc. class a earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
New Facility to Enhance Greif's Capabilities The company's new factory in Pasir Gudang produces Intermediate Bulk Containers , which are utilized in a variety of industries, including food, chemicals, lubricants, flavors and fragrances. The Johor facility employs cutting-edge manufacturing technologies, such as blow molding and cage line technology, to ensure that production fulfills Greif's quality and sustainability requirements. Johor has a robust infrastructure, which will further help Greif. The company expects the facility to contribute to the region's growth by creating job opportunities. GEF's Recent Investments Greif has recently been active on its investment front to expand its geographic reach. In March 2024, the company closed the acquisition of IPACKCHEM, which is a global leader in premium barrier and non-barrier jerry cans and small plastic containers. The acquisition is expected to be immediately accretive to Greif's EBITDA margin and free cash flow. In Octo Show less Read more
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