Greystone Logistics Inc. (GLGI)

[NoNameStocks]

I agree. I think they're getting orders on all 3 new pallets and the question is how much and for how long into the future. Kruger said a new mold costs about $250k a few years ago. The range of outcomes here is pretty large.

They seem pretty excited about the new 48x40 pallet. I have no idea the market though but that's a more standard pallet size I think so could be big. It'd be interesting to see a breakdown of all their sales by pallet type and size.

I'm still surprised the pallets can be that different of a size between AB and MC. I mean they are making the same product shipping to similar locations in the same country in what are probably similar trucks with similar dollies/forklifts/etc. And they've been doing it forever. I would expect them to converge on the same type of operation. I'm sure they have their reasons though and if they have equipment set up for a certain size of pallet then it could be expensive to change sizes. Maybe AB changing from 32x37 to 37x37 is enough of a change to give benefit while a small enough change to not disrupt operations much.

Can changing from 32x37 to 37x37 really help much though? If you're stacking cases of beer how does that help you fit more product on the pallet?