The Membership Drive Is On!
This year's membership drive is now underway, and as always, the competition will be intense.
In addition to valuable cash prizes, the winner now also receives the membership plaque, presented at the Annual Meeting. With the highly successful 2019 Annual Meeting now in the books, it is time to work toward 2020.
When you recruit new members, the entire WPA membership is the winner!
New members can join and pay on the website. Here is the link: www.westernpallet.org
MARCH 2020
Although the Dunn facility has already expanded production by 40% since January, Smith says an additional 40% surge in production is planned as hiring continues. "We maxed capacity in our first shift, so had to add a second shift three weeks ago," Smith said. Efficiency will also increase as new automated systems for pallet production and quality assurance are scheduled for installation in early May, he added.
Like other Pallet Consultants locations, the warehouse in Dunn has donated medical supplies to local hospitals helping those suffering from COVID-19. "We donated what masks we had on hand and are always on the lookout for more," Smith said, noting he's "seen a lot of engagement and huge support from the local community."
The Dunn facility is Pallet Consultants' newest location and opened in October of 2019. Benefiting from new equipment and a renovation totaling over $3 million, the operation is state-of-the-art and is working to become one of the companies most efficient, said Pallet Consultants President Brain Groene.
IGPS and Investors Bullish on Plastic
iGPS CEO Jeff Pepperworth and company investors are predicting big things for the growth of the plastic pallet market, citing COSTCO's interest in converting to plastic pallets.
Martin Valencia, senior vice president and relationship manager in asset-based financing at East West Bank, remarked recently in a recent article about that area of interest. “We’re talking about 60 million pallets,” he said. East West Bank is a financial backer of iGPS.
“The growth potential is huge,” added Pepperworth. “As more companies move toward the preference of using plastic pallets, it gives us a lot of runway. Over the next 2-3 years, I expect the market share for plastic pallets to double, at the very least.”
The article, From Product Innovation to Market Leadership, One Pallet at a Time, appeared at the www.eastwestbank.com website.