This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Greif PackH2O™ Backpack Receives Popular Science 2012 Best Of What's New Award

Stocks in this article: GEF

DELAWARE, Ohio, Nov. 14, 2012 /PRNewswire/ -- A water backpack designed by global industrial packaging leader Greif, Inc., (NYSE: GEF, GEF.B), has been honored with a 2012 Best of What's New Award from Popular Science magazine. The PackH 2O™ backpack was created specifically for the human transport of water in water-stressed regions and disaster zones.

"For 25 years, Popular Science has honored the innovations that surprise and amaze us − those that make a positive impact on our world today and challenge our view of what's possible in the future," said Jacob Ward, editor-in-chief of Popular Science. "The Best of What's New Award is the magazine's top honor, and each of the 100 winners − chosen from among thousands of entrants − is a revolution in its field."

Up to 2.4 billion people live in water-stressed areas. UNICEF estimates that women and children in developing nations spend 200 million hours daily collecting water, often from distant sources, and then carrying it home in discarded jerry cans and buckets that were often originally used to contain lubricants, agrichemicals or fuel oils. Furthermore, in almost all cases studied, the discarded containers harbored harmful bacteria. Numerous organizations around the world have generously invested in the much-needed activities of drilling wells, purifying water and filtering it. Yet no one has addressed easing the burden of carrying heavy water, or the "Achilles' heel" of putting clean water in dirty containers. This water backpack was designed to do that ... and more.

Simple Idea, Purposeful DesignThe water backpack is part of the company's work with the Clinton Global Initiative and its commitment to CGI to improve water transport in some of the world's poorest regions. On a trip to Haiti to help install a rain catchment system in a rural village, Greif President & CEO David Fischer observed women carrying water in containers on their heads, and children lugging home dirty jerry cans and buckets full of water. (The water in a typical 20 liter container alone weighs 44 pounds.) Having carried such heavy containers himself, seeing the ingrained filth inside the plastic containers and recognizing that the containers being used were likely chemically contaminated, Fischer knew there was a better way and challenged the company to find it. The result is the PackH 2O backpack that alleviates the physical and safety challenges of getting water home.

The company tested the water backpack with prospective users in different and diverse communities, watching how they were used and listening to comments. They would then take the feedback to the design team, which would incorporate the suggestions through several finely tuned iterations.

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs