Greystone Logistics, Inc. (OTCQB: GLGI): Manufactures 100% Recycled Plastic Shipping Pallets for Broad Range of Industries - a podcast by SNN Network

from 2023-04-10T00:01

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My guest on the show today is Warren Kruger, CEO of Greystone Logistics, Inc. (OTCQB: GLGI). Greystone Logistics, Inc. is focused on the fast-growing plastic segment of the $9.5 billion pallet industry, with its manufacturing facility located in Bettendorf, IA and its Executive offices located in Tulsa, OK.


For those wondering what a pallet is, those are the flat wooden structures that heavy goods are put so that they can be moved using a fork-lift truck. One of the key differentiators is that they manufacture recycled plastic pallets vs. those traditional wooden pallets that you've for sure seen at your local Costco.


While some folks might see the pallet industry as a sexy business, most folks in our investing world would lovingly refer to Greystone as a classic boring company. Some of my favorite interviews are with classic boring companies because I get to learn more about a topic that I never thought I would. That's why I invited on Warren, to share more about Greystone Logistics, and:


  • How Greystone's pallets are differentiated and unique compared to wood pallets, and other plastic pallet manufacturers

  • Warren has been with the company for 10+ years, how has the company evolved during his time there

  • Their strategy for attacking the plastic segment of the $9.5 billion pallet industry; and,

  • Post-COVID, supply chain issues and whether this has been a tailwind for Greystone Logistics.


With that, please enjoy my conversation with Warren Kruger, CEO of Greystone Logistics, Inc. For more information about Greystone Logistics, please visit: https://www.greystonelogistics.com/


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