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WestRock Co. back on Fortune’s most-admired list

Staff Report //January 19, 2018//

WestRock Co. back on Fortune’s most-admired list

Staff Report //January 19, 2018//

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WestRock Co. has been named to Fortune magazine’s annual list of World’s Most Admired Companies for the third consecutive year.

The company ranked second in the packaging and container industry, up two spots from its 2017 position.

WestRock, headquartered in Atlanta, announced a $410 million upgrade to its kraft linerboard mill in Florence last November.

“WestRock is honored to be recognized by Fortune as one of the world’s most admired companies for the third consecutive year,” WestRock CEO Steve Voorhees said in a news release. “This ranking is a testament to the dedication and commitment of our 45,000 team members to partnering with our customers and delivering value for our customers and stockholders.”

The Fortune list measures nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. Around 3,900 executives, directors and analysts participated in the survey.

A company’s score must rank in the top half of its industry ratings to be listed.  

Hartsville-based diversified packaging company Sonoco made the list, earning a first-place ranking in its industry. Sonoco ranked first in a range of categories, including innovation, use of corporate assets, social responsibility, financial soundness, long-term investment value, quality of products/services and global competitiveness.

“We are honored to lead the packaging sector this year on Fortune’s Most Admired list,” said Jack Sanders, Sonoco president and CEO. “Our goal is to improve the lives of all our stakeholders — including our customers, the consumers who use our packaging, our shareholders and our employees — through innovative packaging and a solid long-term growth strategy.”

Aflac, the supplemental insurance company with a Columbia-headquartered group operations, also made the list.  

“We are pleased that Fortune has included Aflac on its list of the World's Most Admired Companies for the 17th year,” Aflac CEO and chairman Dan Amos said. “Aflac was founded on a commitment to provide the best possible service to our customers as well as strong returns for our shareholders. This honor provides third-party validation that our business model, which has made us the industry leader serving more than 50 million people in the United States and Japan, remains strong.”

Fluor Corp., a global engineering and construction company with offices in Greenville, made the list for the 18th consecutive year.