WestRock Maintains Top Industry Position in Fortune 500 Rankings

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Tags

06/05/2024 - 06:55 AM

ATLANTA--(BUSINESS WIRE)-- For the second consecutive year, WestRock (NYSE:WRK), a leading provider of sustainable fiber-based packaging solutions, has ranked first in the Packaging and Containers industry category on the Fortune 500 list compiled by Fortune Magazine.

The prestigious list recognizes the 500 largest corporations in the United States by total revenue for the 2023 fiscal year. WestRock rose to the top of its industry in 2022 and maintained its position in 2023 with $20.3 billion in annual revenue.

The Company released its 2023 Sustainability Report in May, highlighting new innovations to replace plastic with fiber-based materials and develop alternative packaging solutions using technologies such as Cluster-Clip™, EnduraGrip™, and PETCollar™ Shield Plus. Its EnduraGrip™ packaging solution was awarded Innovation of the Year during the 2023 North American Paperboard Packaging Competition.

For more information about WestRock or to read the 2023 Sustainability Report, please visit westrock.com/sustainability.

About WestRock

WestRock (NYSE: WRK) is a global leader in sustainable paper and packaging solutions, with more than 50,000 teammates in the Americas, Europe and Asia-Pacific. Our integrated packaging capabilities offer end-to-end solutions to help customers address their greatest challenges.