Business Services Industry
Stackpal Begins Trading On CDN
Business Wire, Oct 11, 1995
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Oct. 11, 1995--STACKPAL INTERNATIONAL(CANADIAN DEALING NETWORK: STAX ) Stackpal International Inc. today announced that the Company's common shares will begin trading on the Canadian Dealing Network (CDN) at the opening of the market today under the symbol "STAX".
With the rights to manufacture and distribute the patented plastic pallet leg (PPL) in Canada and the U.S., this Mississauga-based Company is in the enviable position of supplying a practical alternative to wooden pallets with its light-weight, space-saving, reusable and recyclable plastic pallet leg system.
Erwin Pruefer, President, said he is pleased with the Company's sales growth over the Company's first five months, and also with the growing number of companies currently using or testing Stackpal's products.
The licensee for PPL in Japan, Sony Corporation, has sold over 11 million units into its market.
Stackpal markets customized material handling solutions utilizing innovative approaches based on its one-piece, reusable, recyclable plastic pallet support leg. Alternate pallets are the fastest growing segment of the $6 billion North American pallet market.
CONTACT: Erwin Pruefer, President
Stackpal International Inc.
(905) 206-9909
or
Cathy Hume or Jon W. Kieran
Hume, Kieran Inc.
(416) 868-1079
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