Greystone Helps Power the Plastic Pallet Movement
Greystone Logistics is the manufacturing and leasing company behind the world’s most widely used 100 percent recycled plastic pallets.
A lighter, safer, more cost-effective option when compared to their wooden counterparts, plastic pallets have become a huge part of virtually every shipping and warehousing operation running today. More durable, longer-lasting and easier to handle, plastic pallets represent a crucial ingredient in ensuring that operations flow smoothly, and in guaranteeing that one’s products get to where they need to be, when they have to be.
Beginning life as an R&D firm in 2003, Greystone Logistics (Greystone) is a publically traded manufacturing and leasing company that designs, manufactures, sells and leases high quality plastic pallets for the food and beverage, automotive, chemical, and pharmaceutical and consumer product industries. With annual revenues of more than €30 million, Greystone is the leading pallet manufacturer in the beer and beverage industry, with over five million of its patented recycled plastic pallets delivered to major customers each year.
From its manufacturing facility in Bettendorf, Iowa, the company uses a combination of best practices, the technology in its injection molding equipment, a proprietary blend of recycled petrochemical resins, and patented designs to produce high quality pallets more quickly at a lower cost than its competitors. The use of recycled plastic for its pallets helps to control material costs, while also reducing environmental waste and provides cost advantages over users of virgin resin. In addition to the production of plastic pallets, Greystone presently has in-house grinding capacity of over 200,000 pounds to take low-grade resin and create useable plastic pellets. It has also positioned itself as a leading North American supplier of recycled reprocessed polyethylene resin.
Engineered of high-density polyethylene (HDPE), Greystone pallets are strong yet lightweight, corrosion resistant and durable. Because they are completely reusable and virtually maintenance-free, Greystone pallets are more cost-effective and user-friendly than pallets manufactured from wood, metal and cardboard. From heavy-duty pallets for industrial use, to FDA-approved pallets for food applications, to ‘one-way’ pallets for export use, Greystone products offer a unique level of performance, quality and cost-effective advantages unlike any other pallets.
Today, major industries worldwide are recognizing the growing importance of sustainable development and the requirement to meet the needs of the present without compromising the ability of future generations to meet their own needs. Greystone’s long and deep commitment to sustainable development is evidenced by the fact that its pallets truly represent an environmentally-friendly approach to the fabrication of high strength injection molded products. Under its unique ‘buy-back’ program, pallets that are no longer serviceable can be absorbed into the company’s recycling system, with a portion of the original cost credited to the customer.
Greystone’s rackable pallets feature a picture frame with runners on all four sides for stability, and cruciform reinforced center panels for a 60 per cent coverage to eliminate pressure points when stacking loaded pallets several pallets high, making them ideal for use in warehouse racking systems. Rackable pallets are widely used in stack loading, closed loop transport, floor storage and automated material handling equipment throughout many warehousing, general material handling, distribution center, and returnable shipping applications. Available in a variety of sizes and types for many applications, Greystone pallets may be fitted with optional non-skid grommets or lips on the pallet top to keep contents from slipping. In addition, they are available with reinforced rods allowing racking capacity of up to 2,800 lbs., static load capacity from 20,000 lbs. to 50,000 lbs. and dynamic load capacity from 5,000 lbs. to 7,000 lbs.
Additionally, Greystone’s economical nestable, ‘one way’ export pallets meet EU, Canadian and Asian customs requirements. Made from fully recyclable HDPE plastic, they are easy to clean and do not require fumigation as in the case of wood pallets. They will not increase in weight, harbor pests or sustain water damage, eliminating the expensive risks of refused entry or lengthy customs delays. Under the leadership of its president Warren Kruger, Greystone continues to take an aggressive stand in the manufacturing and marketing of products that are organically or environmentally friendly. These products and services will allow Greystone to continue to benefit from this sustainability trend and continue its growth and market position.