Pallets Everywhere

Most everything we buy travels at least part way to us on a wooden pallet—a fact which made the Cole brothers’ 2014 purchase of a struggling DeKalb pallet manufacturer a potentially very good move.

By 2016 the brothers were ready to purchase the 38,400 sq. ft. building they had been renting.

 This year they’re awaiting the summer arrival of a new pallet nailing machine that will turn out 2,400 standard pallets per shift —and free-up workers who build pallets by hand to create higher end specialty units.

Leadership from Cole brothers Brett and John and support from a capable banker (Resource Bank’s Brian Ellingson) has made the difference. Of course, Wessex 504 Corporation is happy to be part of the success story, too.

Cole Pallet Services Corp. employs 42 workers, up significantly from the 22 employees on hand when the brothers purchased the company.

Got a borrower with potential? Talk to us about 504 loans.

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