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Greif, Inc. is an American manufacturing company based in Delaware, Ohio. Originally a manufacturer of barrels, [1] the company is now focused on producing industrial packaging and containers. In 2018, the company ranked 642 on the Fortune 1000. [3]
Such packaging replaces traditional corrugated cartons, thereby helping companies cut costs by avoiding wastage and effort required in disposing the cartons. It also helps in reducing the environmental footprint of the automotive industry. Other advantages of using returnable packaging include avoiding damages to parts in while in transit.
Reuse of. boxes and other containers has been common for many years. For example, the automotive industry has long used reusable racks, totes, and boxes. [4] One type of “closed loop box reuse” was used by Jack D. and James F. Wilson, coinventors of supportive devices developed to keep cardboard box flaps closed or held open without the use of tape. [5]
Companies have long been reusing and recycling packaging when economically viable. Using minimal packaging has also been a common goal to help reduce costs. Recent years have accelerated these efforts based on social movements, consumer pressure, and regulation. All phases of packaging, distribution, and logistics are included. [11]
Plus, their packaging uses post-consumer recycled plastic and responsibly sourced paper products. The business practices are guided by the UN’s Sustainable Development Goals.
In 2001, the company effectively doubled in size when it acquired Southcorp Packaging, by which stage Visy was operating at over 100 packaging and recycling sites in Australia, New Zealand and the U.S. Visy also expanded its product mix to include steel and aluminum cans, PET bottles, beverage cartons and plastic packaging.
The Reusable Industrial Packaging Association (RIPA) is a trade association for North American manufacturers, reconditioners, packagers, suppliers, and distributors of industrial packaging. [1] RIPA was founded in 1942 and is headquartered in Rockville, Maryland in the United States. [ 2 ]
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