Greystone Logistics, Inc.
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- Business
- Greystone Logistics, Inc. (GLGI) manufactures and markets recycled plastic pallets and pelletized recycled plastic resins primarily in the United States. The company designs, produces, sells, and leases high-quality plastic pallets utilizing proprietary blends of recycled petrochemical resins from post-consumer and post-industrial sources; its product line includes rackable, can, nestable, display, monoblock, half-barrel and slim keg stackable, drum, and mid-duty pallets. These pallets serve logistical needs across the food and beverage, automotive, chemical, pharmaceutical, and consumer products industries, with key customers including Walmart, MillerCoors, iGPS, Pfizer, and Simplot; Greystone operates as the leading pallet supplier in the beer and beverage sector, having delivered over 5 million units. Founded in 1969 and headquartered in Tulsa, Oklahoma, the company leverages advanced injection molding technology and patented designs to produce pallets more efficiently and cost-effectively than competitors using virgin resin, while emphasizing sustainability through reduced environmental waste. Recent developments include the completion of a share buyback program repurchasing 1 million common shares and an additional 620,052 shares in 2025 to enhance shareholder value, alongside a $5 million preferred stock redemption using cash on hand; the company reports over $57 million in fiscal 2025 revenue, including $7 million from Walmart, ongoing debt reduction efforts, repurchase of approximately 500,000 pallets, and a $1.8 million land acquisition for expansion.
Greystone Logistics, Inc. (GLGI) Q3 2026 Earnings Call Transcript
Greystone Logistics, Inc. - Schedule of Events Regarding Earnings
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Greystone Logistics, Inc. (GLGI) Q2 2026 Earnings Call Transcript
Greystone Logistics Launches High Tech Cellular-Tracked Plastic Pallets with Innovative Leasing Programs
Greystone Logistics, Inc. - Schedule of Events Regarding Earnings
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Greystone Reports Q1 Results
Greystone Logistics, Inc. Shares Independent Analysis by BeyondSPX Research
Greystone Logistics, Inc. Reports Revenues and Earnings for the Year Ended May 31, 2025
Greystone Logistics, Inc. (GLGI) Q4 2025 Earnings Call Transcript
Greystone Logistics Shares Information on Stock Buybacks
Greystone Logistics Shares Information on Stock Buybacks
Greystone Logistics, Inc. (GLGI) Q3 2025 Earnings Call Transcript
CORRECTION -- Greystone Logistics, Inc. - Schedule of Events Regarding Earnings for the Three Months Ended February 28, 2025
Greystone Logistics, Inc. - Schedule of Events Regarding Earnings for the Three Months Ended February 28, 2025
Greystone Logistics Reports 2nd Quarter Earnings