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International Forest Products exports continue to climb, up 60 positions in past six years

    06/24/2008

FOXBOROUGH, Mass. -- International Forest Products Corporation (IFP), headquartered in Foxborough, Mass., has moved up 60 positions in the past six years and now ranks 40th on the list of the Top 100 U.S. Exporters by the Journal of Commerce. IFP 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 was the 100th ranked U.S. exporter with a volume of 7,300 twenty-foot equivalent units (TEUs), a standard measurement of containerized ocean shipping. In 2007, IFP exported 28,400 TEUs, a 15.9 percent increase from its 24,500 TEUs in 2006 and a 30.3 percent increase in two years. This is the third consecutive year that IFP has ranked among the top 50 among leading U.S. exporters.

"We are very proud of the consistent growth IFP has enjoyed over the years and of our continued ascent among the nation's largest exporters," said Daniel Kraft, President and Chief Operating Officer of International Forest Products. "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 steady growth in the industry. It is a reflection of the talent and dedication of our entire IFP team. We work hard to constantly build 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 more than 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.