BLOCKpal is the optimum product in the market. Partnering with RM2 allows us to seize first mover advantage as China moves to palletize its economy in a region of the world with limited forestry resources for the manufacture of wooden pallets. Introducing the BLOCKPal pallet to China will put us on a cleaner and more sustainable path.
"China needs to reduce its logistics costs and we believe that the widespread use of sustainable, reusable pallets will be a key component of that. We will use all our resources to ensure maximum penetration of the BLOCKpal pallet in China and the broader Asian markets and we look forward to further developing our collaboration with RM2."
"This is a strategic, long term agreement with Zhenshi which will allow us to offer even greater savings to our existing and future customers in North America and Europe due to the lower CPU, while also giving RM2 access to the vast Chinese market," added John Walsh, CEO of RM2.
"This agreement will enable RM2 to produce pallets at a greater rate and at significantly lower cost, while at the same time, Zhenshi's extensive corporate holdings and relationships makes it uniquely positioned to open the Asian market for the BLOCKpal pallet. RM2 has taken steps to ensure we have the pallets available to service our customers during this transition of our manufacturing assets."
RM2 pallets after assembly