Greystone Logistics

Greystone Logistics is a "Green" manufacturing company that reprocesses recycled plastic and designs, manufactures and sells high quality 100% recycled plastic pallets that provide logistical solutions for a wide range of industries such as the food and beverage, automotive, chemical, pharmaceutical and consumer products. The Company's technology, including a proprietary blend of recycled plastic resins used in the injection molding equipment and patented pallet designs, allows production of high-quality pallets more rapidly and at lower costs than many other processes. The recycled plastic for Greystone's pallets helps control material costs while reducing environmental waste and provides cost advantages over users of virgin resin. The impact of COVID-19 created much uncertainty in the workplace. To date, the demand for Greystone's products has not been materially affected as Greystone's pallets are generally used logistically by essential entities. Management is optimistic, but the longer the virus or its variants stays active, the greater the uncertainty.