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Gold/Mining/Energy : Pallet Pallet Inc.
PPAL 60.100.0%Sep 23 11:27 AM EST
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To: D.A. who wrote (22)1/7/1997 10:19:00 PM
From: Richard Nelson   of 451
 
I did some consulting for a logistics company last year and learned about Chep then. They are in the pallet pooling busines primarily in the grocery business. They manage over 12 million pallets. Chep is owned by Brambles Industries of Australia and GKN plc of UK. They have been in the business for 45 years but in the US for only about 5. I don't know if PLT is a competitor or supplier to Chep but palletization and third party ownership of pallets in the grocery business has tremendous growth potential.
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