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• Recycling company to pay $21M in immigration case

  - 2008-12-21

  ALBANY, N.Y. AP -- A wood pallet recycling company caught in a national crackdown on hiring illegal immigrants has agreed to pay a record sum of almost $21 million to settle charges lodged by federal prosecutors in upstate New York. Several senior managers of IFCO Systems North America...

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• IFCO SYSTEMS Reports Q1 2008 Results

  - 2008-05-08

  * Q1 2008 revenues increased 4.4% over prior year levels. * Q1 2008 EBITDA 13.4% above prior year levels. HOUSTON -- IFCO SYSTEMS' group revenues and operational profitability improved in Q1 2008. Revenue and EBITDA in our Pallet Management Services business segment increased, while revenue and EBITDA in...

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• IFCO SYSTEMS Acquires STECO Group

  - 2008-04-16

  HOUSTON -- IFCO SYSTEMS today announces that it has signed an agreement on the acquisition of all of the shares of STECO Holding GmbH and its subsidiaries. STECO is one of Europe's notable service providers for reusable plastic containers RPCs. In 2007 STECO generated revenues of US $66.0 million. ...

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• Helmut Hoerz joins Executive Management of IFCO SYSTEMS

  - 2008-02-29

  AMSTERDAM, Netherlands -- The international logistics service provider IFCO SYSTEMS is strengthening its Executive Management Committee by taking on an experienced top manager in the retail field. Helmut Hoerz (47) will have responsibility for European sales. Mr. Hoerz was COO of EDEKA AG from June 2003 to December 2005,...

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• IFCO SYSTEMS Reports 2007 Results

  - 2008-02-21

  PULLACH, Germany -- IFCO SYSTEMS (FWB:IFE1): * 2007 revenues increased 7.0% from prior year as a result of volume growth in RPC Management Services. * 2007 EBITDA increased 11.2% from prior year due to improved performance in RPC Management Services and the continuing recovery of Pallet Management Services....

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• Firms test RFID-tagged reusable containers.(News)

  - 2008-01-07

  Byline: Roger Renstrom Advocates of radio-frequency-identification tagging and competing supply chain players have launched a six-month field test of RFID technology for polypropylene reusable transport containers. The collaboration represents RFID's largest U.S. container evaluation effort to date, said Fred...

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• Sundia® and IFCO SYSTEMS Develop Custom Pallet Program

  - 2007-07-16

  Sundia Network Members Secure Reliable Nationwide Pallet Supply and Services SAN FRANCISCO -- Sundia Corporation, the nation's fastest growing produce company, today announced a partnership with IFCO SYSTEMS, the nation's leading pallet services company, to provide watermelon and produce growers with cost-effective 100% recyclable shipping pallets. The IFCO...

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• Brambles to take pallets to China.

  - 2007-03-06

  Byline: VesnaAPoljak Mar 06, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Brambles' investment in a 30-person strategic team in China has paid off with its first contract. On 6 March 2007, Brambles confirmed that it will be providing Coca-Cola Bottlers with...

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• Illegal immigrant case leads to 5 guilty pleas

  - 2007-02-28

  ALBANY, N.Y. AP -- Five former managers from a major crate and pallet manufacturer that employed illegal immigrants pleaded guilty Tuesday, 10 months after federal agents staged sweeping raids at company sites in 26 states. James Rice, 37, of Houston, an executive regional general manager of IFCO Systems,...

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• Statement by IFCO SYSTEMS

  - 2007-02-27

  To: LABOR EDITORSContact: Mike Hachtman, Senior Vice President of IFCO SYSTEMS North America, Inc., +1-713-332-6211, or prinfo@ifcosystems.com HOUSTON, Feb. 27 /PRNewswire/ -- An article in today's Wall Street Journal revisited immigration enforcement actions involving IFCO dating back to April 2006. The article also announced legal developments that took place this...

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