Greystone Logistics, Inc. GLGI

Company Overview

Greystone Logistics, Inc. (NASDAQ: GLGI) is a U.S.-based manufacturing and logistics company focused on the production of recycled plastic pallets and related transportation products. The company operates within the industrial packaging, supply chain, and logistics infrastructure sectors, with a business model centered on converting recycled plastic materials into durable shipping platforms used across retail, consumer goods, food distribution, agriculture, and industrial supply chains. Its primary revenue driver is the sale of plastic pallets, particularly those designed for automated material handling systems and closed-loop logistics environments.

The company’s core competitive positioning is tied to its proprietary recycled resin processes, long-life pallet durability, and ability to manufacture products from post-consumer and post-industrial plastics. Greystone Logistics was founded in 1992 and evolved from a logistics and transportation-oriented business into a vertically integrated recycled plastics manufacturer. Over time, the company expanded its manufacturing footprint and invested in extrusion and molding capabilities to support higher-volume pallet production and customized logistics solutions for large commercial customers.