Greystone Logistics Reports Audited Results for Corporate Year
ACCESSWIRE - Thu Sep 24, 5:00AM CDT
TULSA, OK / ACCESSWIRE / September 24, 2015 / Tulsa-based Greystone Logistics, Inc. (OTCQB: GLGI), reported sales of $22,293,922 for the year ended May 31, 2015 compared to $23,449,936 for the prior year. For the year ended May 31, 2015, the company reported net income of $609,569 compared to net income of $3,131,626 for the prior year. Net income available to common shareholders was $57,565, $0.00 per share, and $2,606,063, $0.10 per share, for the year ended May 31, 2015 and 2014, respectively.
United States Pallet Market 2015-2019 - Limited Availability and High Cost of Raw Materials Could Hinder Growth
M2 - Thu Jul 16, 9:44AM CDT
Research and Markets (http://www.researchandmarkets.com/research/zplc8z/pallet_market_in) has announced the addition of the "Pallet Market in the US 2015-2019" report to their offering. The pallet market in the US to grow at a CAGR of 2.31% over the period 2014-2019. The pallet market in the US is highly fragmented with the presence of local, regional, and international vendors. The pallet market in the US can be segmented into four: wood, plastic, metal, and corrugated paper. The report, Pallet Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report presents the market landscape and its growth prospects in the coming years, it also covers the vendor landscape and a corresponding detailed analysis of the major vendors in the pallet market in the US. Pallets have undergone a series of transformation over the last 50 years in terms of innovations and material usage. Vendors continue to invest in R&D to develop pallets that are environmentally friendly, recyclable, and reusable. Among the factors influencing purchase decisions, strength and durability are considered as the top most. Pallets are designed and developed to ensure multiple trips in the supply chain process. The main effort of vendors has been toward shifting from single trip pallets to multiple trip pallets. Also, high damage rates of pallets have led to an increase in operational costs, which has prompted vendors to focus on developing high-quality pallets. According to the report, the pallet market in the US is entirely dependent on the level of economic activity in the country. With the recovery of the US economy, procurement, production, and sales activities will increase. This is expected to increase the demand for products during the forecast period. With an increase in productivity, the demand for material transporting activities is also expected to rise, which would in turn propel the market for pallets. Further, the report states that limited availability and high cost of raw materials could hinder growth in 2015. Key Customer Segments - Manufacturing sector - Retail sector - Transportation and warehousing sector Key Vendors - CHEP - Millwood - PalletOne - PECO Other Prominent Vendors - Buckhorn - Cabka North America - Edwards Wood Products - Greystone Logistics - iGPS Logistics - Kamps - LITCO International - ORBIS - Rehrig Pacific - RM2 International Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Product Type - Market Segmentation by End-user - Buying Criteria - Market Growth Drivers - Drivers and Their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and Their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/zp..._market_in
Global Pallet Market 2015-2019 - Substitutes to Wood Gaining Market Share
M2 - Wed Jul 08, 10:25AM CDT
Research and Markets (http://www.researchandmarkets.com/research/bbpjh8/global_pallet) has announced the addition of the "Global Pallet Market 2015-2019" report to their offering. The global pallet market to grow at a CAGR of 4.57% over the period 2014-2019. The global pallet market is expected to witness steady growth during the forecast period. The major end-users of pallets include durable and non-durable goods manufacturers, and non-manufacturing sectors such as retail, and transportation and warehousing. Pallets have undergone a series of transformations over the last 50 years in terms of innovations and materials used. Vendors continue to invest in R&D to develop pallets that are environmentally friendly, recyclable, reusable, and cheap to produce. Among the factors affecting purchase decisions, pallet strength and durability are considered the most important. Thus, pallets are designed and developed to be used repeatedly, so that they are able to withstand multiple trips within the supply chain. Vendors are therefore shifting from single-trip pallets to multiple-trip pallets. Also, due to rising pallet-damage rates, operational costs are increasing, which has prompted vendors to focus on developing high-quality pallets. According to the report, the recovering global economy has increased consumer spending on housing and construction activities across the globe, producing a demand for pallets. A rise in housing and construction activities will have positive downstream effects on the demand for other products, too, such as appliances and durable goods. This will have a multiplier effect on the logistics sector and will benefit pallet companies. Further, the report states that issues regarding raw material shortages pose a major challenge to the growth of the global pallet market during the forecast period. Key Vendors - Brambles - Loscam - Menasha - Rehrig Pacific - Schoeller Allibert Other Prominent Vendors - Buckhorn - CABKA-IPS - Corrugated Pallets - Craemer Holding - Euro Pool System International - Faber Halbertsma Group - Falkenhahn - Greystone Logistics - HTR Paletten-Service - INKA Paletten - IP Group - Jinyuan Group Wuhu Zhongshan Wood Packing - Kamps - Litco International - Millwood - ORBIS - PalletOne - PECO Pallet - Prioridades Ecol?gicas - Rehrig Pacific - RM2 International - Tianjin CIMC Logistics Equipment Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Product - Market Segmentation by End-user - Geographical Segmentation - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/bb...bal_pallet
Revenues and Earnings for Greystone Logistics, Inc.
GlobeNewswire - Wed Apr 15, 7:08AM CDT
Tulsa-based Greystone Logistics, Inc. (OTCQB:GLGI) reported sales for the nine months ended February 28, 2015 of $13,676,492 compared to $15,405,169 for the prior period. Sales for the three months ended February 28, 2015 were $3,685,044 compared to $4,532,762 for the prior period. For the nine-month and three-month periods ended February 28, 2015, the company reported net income of $31,437 and $336,816, respectively, compared to net income (loss) of $1,474,078 and $(98,076), respectively, for the prior periods. Net income (loss) available to common shareholders was $(382,764), $(0.01) per share, and $1,084,473, $0.04 per share, for the nine months ended February 28, 2015 and 2014, respectively, and $198,859, $0.01 per share, and $(213,553), $(0.01) per share, for the three months ended February 28, 2015 and 2014, respectively.
Insiders Can't Get Enough Of Greystone Logistics
Firebird Investments - at Seeking Alpha - Fri Jan 30, 6:12PM CST
Multiple Insiders of Greystone Logistics, Inc. (GLGI)-Other O bought Shares of GLGI
M2 - Mon Jan 26, 7:37AM CST
Reported by InsiderCow.com at 2015-01-23 14:21:05 ET
Greystone Logistics Reports Unaudited Results for Quarter Ended November 30, 2014
ACCESSWIRE - Tue Jan 20, 3:11PM CST
TULSA, OK / ACCESSWIRE / January 20, 2015 / Greystone Logistics, Inc. (OTCBB:GLGI) Greystone had gross revenue of $9,991,448 for the six months ended November 30, 2014 compared to $10,872,407 for the comparative period of the prior year. Pallet sales were $8,946,888 in the current year compared to $10,500,967 in the comparative period of the prior year.