PLAINFIELD, Ill., March 4, 2004 (PRIMEZONE) -- Industry demand for plastic pallets ramps RPM Technologies, Inc.'s (OTCBB:RPMM) sales up for the final consecutive quarter of 2003. The Company's roster of new customers includes industry giants such as Dow Chemical, Toyota, Goodyear, Kraft, Sara Lee, Armstrong World, Smurfit-Stone, Federal Mogul, General Dynamics. Black & Decker, Fuji Film, Lee Carpet, Rockwell International, Georgia Pacific and many others.
RPM's CEO, Randy Zych, attributes much of this growth to the Company's emphasis on quality and customer service. "We find solutions for a variety of material-handling problems," Mr. Zych said, "and we are not content until we give our customers what best fills their needs."
RPM recently signed a sales agreement with a sales organization that fields 30 material-handling sales specialists. "This valuable addition to RPM's marketing efforts will buttress its e-commerce activities and fill an important void in our plans," Mr. Zych added.
Pallets are usually not given top priority by shippers until they have problems with them.
RPM manufacturers and markets a variety of plastic pallets in conventional sizes and custom sizes. "Chances are we (RPM) can supply exactly the right pallet for the right application and save the shipper money in the process," said Mr. Zych. This is becoming apparent since the majority of RPM's customers reorder again and again.
While the shipper's primary concern is function and price, it's also nice to know that buying plastic pallets aids the environment. Wood pallets are an environmental menace. They consume 40% of US hardwood supply and accelerate landfill volume. They deplete forests and present a serious disposal problem for many communities. Additionally, wood pallets have been identified as harboring vermin, bacteria and insects.
RPM plastic pallets are virtually impervious to contamination. They are easily cleaned, stored and shipped. They are virtually eternal, as they are recycled to make new pallets when the old ones become damaged or broken.
The company estimates sales will continue to accelerate to the $10 million level this year and higher in 2005. RPM trades on the OTCBB. Their trading symbol is RPMM. Visit the Company's website at www.rpmplasticpallets.com.