Greystone Logistics Manufactures Pallets for Anheuser Busch
TULSA, OK -- (Marketwired) -- 12/10/13 -- Greystone Logistics, Inc.
(OTCQB: GLGI) announced the company recently manufactured and shipped
recycled plastic pallets to various sites in the Anheuser Busch
system as part of a pallet test and product evaluation.
"Greystone is pleased that Anheuser Busch has purchased pallets to
supplement their existing plastic pallet pool," stated Warren Kruger,
CEO. "These pallets will be evaluated during a testing phase to
ensure utilization characteristics that conform to the manufacturing
and distribution processes of Anheuser Busch. The Greystone pallet
design uses100% recycled plastic, has a long life cycle, can be
recycled, has substantial racking strength and has the best
coefficient of friction in the plastic pallet industry."
This press release includes certain statements that may be deemed
"forward-looking statements" within the meaning of the federal
securities laws. All statements, other than statements of historical
facts that address activities, events or developments that the
Company expects, believes or anticipates will or may occur in the
future, including the potential sales of pallets or other possible
business developments, are forward-looking statements. Such
statements are subject to a number of assumptions, risks and
uncertainties, including the ability of the company to continue as a
going concern. Actual results may vary materially from the
forward-looking statements. For a list of certain material risks
relating to Greystone and its products, see Greystone's Form 10-KSB
for the year ended May 31, 2013.
Greystone Logistics is a "Green" manufacturing and leasing company
that reprocesses and sells recycled plastic and designs,
manufactures, sells and leases high-quality 100% recycled plastic
pallets that provide logistical solutions needed by a wide range of
industries such as food and beverage, agricultural, automotive,
chemical, pharmaceutical and consumer products. The Company's
technology, including that used in its injection molding equipment,
proprietary blend of recycled plastic resins and patented pallet
designs, allows production of high-quality pallets quickly and at
lower costs than many processes. The recycled plastic for its pallets
helps control material costs while reducing environmental waste and
provides cost advantages over users of virgin resin. Excess plastic
not used in production of pallets is reprocessed for resale.
Warren F. Kruger
1613 East 15th Street
Tulsa, Oklahoma 74120
(918) 583-7442 (FAX)
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