Greif invests $10 million in Concord, North Carolina plant expansion

Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced that it is expanding its CorrChoice – Concord sheet feeder operations. The company plans to acquire and install by the spring of 2022 an Engico Jumbo Flexo Folder Gluer from Haire Group that converts corrugated scored sheets into boxes. The three color, 188” machine offers flexibility with 66” and 99” die cut cylinders and will be the third jumbo press in Greif’s CorrChoice sheet feeder network. This investment enables Greif to continue its growth with new and existing strategic customers throughout the southeastern United States while enhancing customer service through diminished lead times. The expansion is also expected to create up to 30 new jobs in Cabarrus County where the CorrChoice – Concord sheet feeder is located