SON - Greystone Logistics Is A High-Quality Growth Company Trading For Half Of Peer Multiples With +300% Upside Potential
Greystone Logistics (OTCQB:GLGI) Writeup
About the Business
Greystone provides the highest quality, lowest cost plastic pallets to the consumer products and retail industries. Unlike competitors, its pallets are made from 100% recycled materials which gives the company a cost advantage and is attractive to environmentally conscious customers. At its manufacturing plant in Bettendorf, IA, the company has twelve Milacron (MCRN) injection molding machines with two more on order which each produce 15,000 pallets per month. Greystone will produce over 2.5 million plastic pallets per year once these machines are installed in