BNET Industries
Market Cap:$3.9M
Last Fiscal Year Sales:$21.0M
- Public
- US
Dow Jones Description
Greystone Logistics, Inc. ("Greystone" or the "Company") was incorporated in Delaware on February 24, 1969, under the name Permaspray Manufacturing Corporation. It changed its name to Browning Enterprises Inc. in April 1982, to Cabec Energy Corp. in June 1993, to PalWeb Corporation in April 1999 and became Greystone Logistics, Inc. in March 2005 as further described below. In December 1997, Greystone acquired all of the issued and outstanding stock of Plastic Pallet Production, Inc., a Texas corporation ("PPP"), and since that time, Greystone has primarily been engaged in the business of manufacturing and selling plastic pallets. On May 2, 2002, Greystone completed a redomiciliation merger having the effect of changing its state of incorporation from Delaware to Oklahoma. The redomiciliation merger did not result in any change in the number of shares owned or percentage of ownership of any shareholder of the Company, nor did it result in any change in the business, management, location of the principal executive offices, assets, liabilities or shareholders' equity of the Company.
Chairman, President and CEO
Warren F KrugerPeer Companies
NAICS Code All Other Industrial Machinery Manufacturing: 333298
Recent Events
-
Greystone Logistics, Inc. to Provide Plastic Pallets to Diageo
News & Analysis
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greystone logistics inc. - All News and Analysis
Greystone Logistics, Inc. to Provide Plastic Pallets to Diageo
- 2009-06-09
Greystone Logistics, Inc. (OTCBB: GLGI) recently reached an agreement to provide 100% recycled 48x40 plastic shipping pallets for Diageo at one of their U.S. facilities. Diageo is the world's leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, wine and beer categories....
Greystone Logistics, Inc. Announces Goodwill Industries Award
- 2009-06-02
Goodwill Industries of the Heartland has selected Greystone Manufacturing, a subsidiary of Greystone Logistics, Inc. (OTCBB: GLGI), as the 2008 GOODWILL EMPLOYER OF THE YEAR. This award is given to clients who have had outstanding achievement throughout the year in career and personal development for special needs...
Greystone Logistics Announces Purchase Orders for Recycled Plastic Pallets
- 2009-03-03
Greystone Logistics, Inc. (OTCBB: GLGI) recently received purchase orders from Miller-Coors Brewing for production and delivery of three different size 100% recycled plastic pallets used in their production and distribution systems. As in past years, the purchase order for case goods pallets represent Miller's estimate of the pallets to...
Greystone Logistics' Go-To-Market Strategy Yields Results
- 2008-11-18
Greystone Logistics, Inc. (OTCBB: GLGI) -- Greystone Logistics today announced numerous purchase orders resulting from the Company's newly implemented Go-To-Market strategy. Previously the company had indicated a move to more direct corporate sales, developing closer ties with a larger number of professional materials handling groups, and further expansion of the...
Tulsa-based Greystone Logistics reports earnings
- 2008-07-03
Greystone Logistics Inc. on Wednesday reported net income for the fiscal year ended May 31 of $560,306, compared with a net loss of $3.2 million for the previous fiscal year. Greystone has its headquarters in Tulsa and operates a plastic pallet manufacturing plant in Bettendorf, Iowa. ...
Greystone Logistics Reports Unaudited Results for Quarter and Fiscal Year Ending May 31, 2008
- 2008-07-02
Greystone Logistics, Inc. (OTCBB: GLGI) announced today unaudited results for the quarter and fiscal year ending May 31, 2008. Operating profit for the 4th quarter was $626,493 with a net income before preferred dividends of $384,450. Net income available to common shareholders after preferred dividends was $279,416 or $0.01 per...
Greystone Logistics Announces Purchase Order With Miller Brewing
- 2008-06-11
Greystone Logistics (OTCBB: GLGI) recently received an annual purchase order from Miller Brewing for 100% recycled plastic shipping pallets for the eighth consecutive year. The order volume is an 8% increase over the previous year. "We are proud to provide Miller Brewing all their case goods pallets," said...
Tulsa-based Greystone Logistics reports results for third quarter
- 2008-04-11
Greystone Logistics Inc. has reported net income for the third fiscal quarter ended Feb. 28 of $212,377, compared with a net loss of $1.2 million for the third quarter of the previous fiscal year. Greystone has its headquarters in Tulsa and operates a plastic pallet manufacturing plant in...
Greystone Logistics Reports Unaudited Results for the Quarter & Nine Month Period Ending February 29, 2008
- 2008-04-09
Greystone Logistics, Inc. (OTCBB: GLGI) released unaudited results for the quarter and nine months ended February 29, 2008. Sales were $5,427,428 with EBITDA for the quarter of $756,952. Operating profit for the quarter was $472,606 with a net income before preferred dividends of $212,377. Net income available to common...
"Eye on America" Show to Feature Greystone Logistics
- 2008-03-11
The producers of "Eye on America" are pleased to announce that Greystone Logistics (OTCBB: GLGI) will be featured in an upcoming segment on Leading Developments of Sustainable Products and Practices for the 21st Century, as part of the show's series of segments on Eye on the Environment. Greystone Logistics...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Bob Nelson | Cfo |
| Robert Noland | Senior Vice President Sales and Marketing |
| Ron Schelhaas | Plant Manager |
| Ron Brockman | Controller |
| Paul Kruger | |
| William Pritchard | General Counsel |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Warren F Kruger | Chairman, President and CEO |
| Marshall S Cogan | Chairman |
| Robert Rosene Jr. | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Greystone Logistics, Inc. | Chairman, President and CEO | Current |
| McM Group | Co-Founder | Former |
| Southern Methodist University | M.B.A. | Former |
| The University of Oklahoma | Bachelor of Business Administration Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Greystone Logistics, Inc. | Cfo | Current |
| Cooper's Inc. | Former | |
| Manhattan College | Former |
| Organization | Position | Status |
|---|---|---|
| Greystone Logistics, Inc. | Senior Vice President Sales and Marketing | Current |
| Kansas State University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| Greystone Logistics, Inc. | Plant Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Greystone Logistics, Inc. | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Greystone Logistics, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Greystone Logistics, Inc. | General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| ENER1, Inc. | Senior Strategic Advisor | Current |
| Ener1 Group, Inc. | Senior Strategic Advisor | Current |
| Greystone Logistics, Inc. | Chairman | Current |
| The Museum of Modern Art | Board of Directors | Current |
| Enerfuel, Inc. | Director | Current |
| Greystone Logistics, Inc. | Director | Current |
| Enerdel, Inc. | Board of Directors | Current |
| ENER1, Inc. | Board of Directors | Current |
| Boston Latin School | Board of Directors | Current |
| Boston Latin School | Trustee | Current |
| Foamex International Inc. | Founder | Former |
| Harvard Corporation | Former | |
| Knoll International Ltd | Chairman | Former |
| The Architecture Company | Chairman | Former |
| UnitedAuto Group, Inc. | Chairman | Former |
| Harvard College | MBA | Former |
| Harvard University | Mba | Former |
| Organization | Position | Status |
|---|---|---|
| Seminole Energy Services LLC | President | Current |
| Syntroleum Corporation | Director | Current |
| Greystone Logistics, Inc. | Board of Directors | Current |
| Oklahoma Baptist University | B.A. | Former |
Executive News
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