The pallet industry is a highly fragmented, highly wasteful industry - PowerPoint PPT Presentation

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The pallet industry is a highly fragmented, highly wasteful industry

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Saves 90,000 nails for every 100 SUPs in use ... Reduces damage by eliminating nail pops. Strength of wood, longevity of plastic ... – PowerPoint PPT presentation

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Title: The pallet industry is a highly fragmented, highly wasteful industry


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Introduction
  • The pallet industry is a highly fragmented,
    highly wasteful industry
  • Over 2 billion pallets are in use in the United
    States and 450 million are replaced every year
  • 223 million pallets go into landfills every year
  • Wood pallets are used an average of 1.4 times
    before being repaired or discarded
  • Forty percent of all hardwood trees cut in the
    United States are made into pallets

3
The Green Line Armor Sustained Use Pallet
  • Environmental Benefits
  • One Green Line Armor SUP saves 38.4 trees over
    its useful life
  • Saves 90,000 nails for every 100 SUPs in use
  • Replacing 4.5 million pallets with SUPs saves
    170 million trees a year and reduces landfill
    waste by 70 million pallets

4
SUP versus wood pallet
  • Bio-composite/recycled polypropylene protective
    bumper
  • Minimizes damage from impact with forklift blades
  • Specially formulated stain
  • Protects from UV, mold, and mildew damage
  • Fastened with self tapping screws
  • Reduces damage by eliminating nail pops
  • Strength of wood, longevity of plastic
  • Oak construction provides rackable strength
  • Lasts 15 to 20 times longer than wood alone
  • 100 recyclable

5
Radio Frequency Identification
  • Engineered protective pocket secures RFID
  • Delivers efficiency to SUP management
  • Provides quality and performance data
  • Can be used by manufacturer for enhanced
    efficiency in material handling
  • Provides real time inventory information
  • Reduces cost of fleet management
  • Increases accuracy of inventory data

6
Economic Impact
  • Largest pallet company in US is foreign owned
  • Working with Great River Economic Development
    Foundation to create jobs
  • Potential to create thousands of jobs
  • Blue collar, white collar, technical, mechanical,
    sales, administration
  • Keep corporate headquarters in middle America
  • Support local business
  • Advance technology and invest in research

7
Commercialization Challenges
  • Market Research
  • Difficulties gathering marketing data
  • Protect intellectual property in early stages
  • Testing
  • Available skills and resources not promulgated
  • Costs
  • Protect intellectual property in early stages
  • Prototyping

8
Commercialization Challenges
  • Finance
  • Protect intellectual property rights
  • Lack of marketing data
  • Chicken and the egg is everywhere
  • Funding market research
  • Testing
  • Assets
  • SBA
  • Grants
  • Personal investment
  • Government Assistance
  • SBA and local Loans
  • Stimulus
  • Earmarks

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