John Dorfman, chairman of Thunderstorm Capital, is a columnist for Bloomberg News and on Sunday he highlighted his “Twelve Sane Stocks to Survive Market Craziness and included Delaware, Ohio, based Greif Inc.
Delaware, Ohio, based Greif Inc. is a world-wide leader in packaging and a "sane stock" according to Bloomberg News. (greif web site)
Greif (NYSE: GEF, GEF.B) is a world leader in industrial packaging products and services, according to its Web site. The company creates competitive advantage for its customers through extensive experience in steel, plastic, fibre, corrugated and multiwall containers for various industries. Greif also produces containerboard and manages acreage in the United States. With more than 200 operating locations in more than 45 countries, Greif is positioned to serve local, national or multinational customers where they do business.
“The most prosaic stock on the list is Greif Inc., a maker of industrial packaging,” wrote Dorfman. “I have included this Delaware, Ohio, company as a play on an economic recovery — something I expect, though few folks seem to agree with me lately.”
Greif was founded in 1877 in Cleveland, Ohio, and its international headquarters is now located at 425 Winter Road in southern Delaware, Ohio.
