Health & Fitness
Mon, November 21, 2011Sun, November 20, 2011Fri, November 18, 2011Thu, November 17, 2011Wed, November 16, 2011Tue, November 15, 2011Mon, November 14, 2011Sun, November 13, 2011Sat, November 12, 2011Fri, November 11, 2011Thu, November 10, 2011Wed, November 9, 2011Greystone Logistics Purchase Orders Fill Capacity
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Published in Health and Fitness on Tuesday, November 15th 2011 at 3:23 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
November 15, 2011 06:00 ET
Greystone Logistics Purchase Orders Fill Capacity
TULSA, OK--(Marketwire - Nov 15, 2011) - Greystone Logistics Inc. (
"The new orders are in addition to the previously announced $1.2 million of our IBC (Intermediate Bulk Container) pallet," Company CEO Warren Kruger stated. "Two purchase orders in excess of $250,000 came in from a large pharmaceutical company and a separate from a leading distributor for our mid duty product. Our nestable pallet garnered another 17,000 units and our heavy duty Greystone rackable pallet made up the balance of the four purchase order transactions. These orders plus continued production of our plastic keg pallet and case goods pallet for MillerCoors will keep us at full capacity through year end. To ensure continued on time delivery for our customers we will increase pallet production capacity by 40% in the next 60-90 days as one of our injection lines acquired last year is put in service and we replace a worn barrel and screw on one of our slower producing machines."
Kruger continued, "I anticipate another fine quarter for our November month end and these new orders will ensure a great start to our third quarter in traditionally slower December thru February."
Greystone Logistics is a manufacturing and leasing company that reprocesses and sells recycled plastic and designs, manufactures, sells and leases high quality plastic pallets that provide logistical solutions needed by a wide range of industries such as the food and beverage, automotive, chemical, pharmaceutical and consumer product industries. Greystone's technology, including that used in its injection molding equipment, proprietary blend of recycled petrochemical resins and patented pallet designs allow production of high quality pallets quickly and at lower costs than many processes. The recycled plastic for its pallets helps control material costs while reducing environmental waste and provides cost advantages over users of virgin resin. Excess plastic not used in production of pallets is reprocessed for resale.