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International Forest Products Exports Up 12.4%; Now Ranked 48th Among Largest U.S. Exporters

    06/26/2007

FOXBOROUGH, Mass. -- International Forest Products Corporation (IFP), headquartered in Foxborough, Mass., has moved up 52 positions in the past five years and now ranks 48th on the list of the Top 100 U.S. Exporters by the Journal of Commerce. International Forest Products is the only Massachusetts-based company to make the Top 100 list and ranks second to Connecticut’s General Electric (GE) among all New England-based exporters. The annual Top 100 rankings are based on data from PIERS Global Intelligence Solutions, a Journal of Commerce sister company.

 

In 2001, International Forest Products ranked as the 100th largest U.S. exporter with a volume of 7,300 twenty-foot equivalent units (TEUs), a standard measurement of containerized ocean shipping. In 2006, IFP exported 24,500 TEUs, a 12.4 percent increase from its 21,800 TEUs in 2005. This is the second consecutive year that IFP has ranked among the top 50 U.S. exporters.

 

“We are proud of the continued growth of International Forest Products and our position as one of the largest exporters in the country,” said Daniel Kraft, President and Chief Operating Officer of International Forest Products. “It is a reflection of the talent and dedication of our entire IFP team. We are a privately-owned, family-operated company that specializes in customer service. The quality of our products and services, as well as our diversification in the marketplace, has helped us achieve this impressive growth. We look forward to building on the foundation that we have established with our customers around the world.”

 

About International Forest Products Corp.:

International Forest Products Corp. (IFP) is a member of The Kraft Group of companies. Founded in 1972 by Robert Kraft, IFP is one of the largest traders of forest products and commodities in the world. Annually, IFP conducts business in over 80 countries and has subsidiary offices located throughout North America, Asia, Europe and Latin America.

 

About Journal of Commerce:

Founded in 1827, The Journal of Commerce is a leading weekly magazine for international logistics executives that covers all modes of international transportation, global trade, logistics strategy, technology, supply chain management, finance, insurance, legislative issues and regulatory developments.