Press Release: Statement By IFCO Systems

PRESS RELEASE

Statement By IFCO Systems
Friday April 21, 10:15 am ET

IFCO Systems today released the
following statement regarding information presented yesterday at a U.S.
Immigration and Customs Enforcement press conference in Washington:

As it is IFCO’s policy to comply with all federal and state employment
provisions, we take the allegations made by U.S. Immigration and Customs
Enforcement (ICE) very seriously and are committed to resolving this matter as
soon as possible. We are very disturbed by these allegations and have
immediately begun a thorough investigation of the facts.

The activities and attitudes outlined in the allegations are counter to
everything we stand for at IFCO. We have the highest respect for our nation’s
employment and citizenship laws and are committed to complying with them.

IFCO is the industry leader with a business model built on the
efficiencies of our logistics systems and physical network and we are deeply
committed to our employees. We are proud to offer a level of compensation and
benefits to our employees that many of our peers do not. These include
competitive wages, workers’ compensation insurance, affordable health
insurance, 401k, and various other benefits.

We are cooperating fully with ICE and other authorities including
voluntarily allowing ICE to visit many of our facilities this past Wednesday.
We are now working to understand the facts and will implement any additional
changes necessary to further improve our current procedures. So that we will
be able to move forward with confidence, we have begun an internal
investigation that will be headed by outside counsel. Pending the outcome of
our investigation, the local IFCO managers arrested yesterday have been placed
on temporary leave from the company. In cooperation with ICE, we will be
reviewing the status of our temporarily detained hourly workers across the
country on a case by case basis.

All of our facilities are in operation and we are continuing to meet all
of our customers’ needs.


Source:
IFCO Systems North America, Inc.

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