_________________________________________________________________________________________ Greystone
Logistics and happiness of its team members , while caring about the community and the wider environment . Greystone is dedicated to environmental improvements that foster a sustainable future and lead to social , economic , and environmental improvements in the communities in which it operates .
Pallets are used in virtually all US industries in which products are broadly distributed . The Material Handling Industry Association ( MHIA ) estimates that there are over two billion pallets in use in the US , with over 1,480,300 wood , plastic , or paper pallets purchased in the US annually .
Plastic pallet sales are growing at doubledigit rates . The disposal issues associated with wood pallets , alongside fumigation costs and regulatory mandates on pest , biological , and chemical infestation means there is an increasing emphasis on alternative solutions . As a result , the industry is rapidly transitioning to plastic pallets with wood pallet usage continuing to diminish over time . The material handling industry continues to seek more sustainable solutions and make the switch from wood to plastic pallets for an excellent return-on-investment , efficiency , consistency , automation , safety , health , and cleanliness .
Greystone is the leading provider of pallets to the beverage industry , which currently represents 35 percent of the plastic pallet market . In the beer industry alone , the two largest US beer breweries , totaling 80 percent of the US beer market , circulate five-to-seven million pallets within their distribution system annually . Approximately 15-to-20 percent of these pallets are lost per year , thus requiring consistent replacement orders .
Greystone has developed technology and proprietary recycled plastic blends and processes to become a low-cost producer , with patents issued and pending for pallet
manufacturing-today . com 163