Palltronics is setting up their first manufacturing facility in a newly completed 253,052 SF facility in SouthPoint Business Park, Mocksville, North Carolina. The maker of the world’s first fully trackable shipping pallet has already sold out the first three years of production. In addition to manufacturing, the facility will also include an innovation center, which will be tasked with continuously improving the pallet’s materials and technology.
The Palltronics shipping pallet is embedded with electronics that offer track and trace capabilities. Using GPS technology, each pallet can be traced in “real-time”. The system also includes temperature and humidity sensors and an accelerometer that helps clients ensure perishable products arrive at their destination at peak quality. The accelerometer indicates any unusual shock or vibration that a shipment may experience while in transit.
The hybrid pallets are manufactured from a wood substrate coated with a proprietary formulation that includes an antimicrobial/antifungal agent, making them lightweight, cleaner & virtually indestructible. Unlike typical wooden pallets that last 2 to 3 years, testing simulations indicate that Palltronics pallets will last 10 years.
The pallets are designed for high-velocity distribution channels such as protein, produce, and pharmaceuticals. In those industries, companies do not buy their pallets, they rent them from a shared pool. Pallets are leased for as long as needed and then picked up, inspected, and delivered to the next customer. A pallet could hold candy or packaged food one month and perishable food or delicate electronics the next.
In other Hollingsworth company news, six new speculatively complete facilities will be completed in 2022. The first facility to be completed will be a 108,480 SF single tenant building located in Huntsville, AL. This will be the 12th industrial facility in this park. The SouthPoint Business Park, Huntsville, Alabama is located adjacent to both I-65 and I-565.
A second facility to be completed in 2022 will be located in David Jones Industrial Park, Andersonville, TN. This industrial facility will be 126,824 SF and is a mirror image to the building next door leased to Hemasource. David Jones Industrial Park is located just east of I-75 in Anderson County, TN. Two additional facilities in North Carolina and Tennessee will be completed in Q4 2022.
A 194,880 SF complete speculative building is available in SouthPoint Business Park, Prince George, VA; and a 650,250 SF facility in the same park is scheduled to be complete in Q1 2022. Both facilities are available for lease by long term tenants in the light manufacturing or distribution markets.
The industrial market continues to expand in the Southeastern United States, and The Hollingsworth Companies is well suited to support this expansion with speculatively complete facilities available in Alabama, North Carolina, Tennessee, and Virginia.
"I fully recommend working with The Hollingsworth Companies if cost or time driven schedules play a part in your company's opportunity because they do deliver within budget and on time with no change orders or surprises." -- David B. Sutherland, CMS Companies
"Southern states are home to 50 million more residents than the Northeast. In corporate growth, only the South has shown a positive net migration in the early 21st Century." -- Plano Star Courier
"We invited The Hollingsworth Companies to our Atlanta Offices. Within two weeks all negotiations were completed and the lease was executed. From beginning to end, it only took 45 days to complete our requested up fits." -- David B. Sutherland, CMS Companies
"The bottom line is that we could not be more pleased with our Hollingsworth Companies experience." -- Karl F. Hielscher, President and CEO, Metl Span
“From greenfield startup to becoming a national industry leader 10 years later, Hollingsworth continues to play an invaluable role in Service Center Metals growth and success.” -- Scott Kelley, President and CEO, Service Center Metals
"Hollingsworth entered an agreement to ensure quick delivery of the pre-approved standard building sizes . We are committed to deliver the structural steel, ready for erection, in just 6 weeks from receipt of a final building order." -- Jeff Carmean, General Manager, Nucor Building Systems
"Joe Hollingsworth participated as one of our first equity investors. In addition, Joe Hollingsworth has served as a board member and leading advisor for strategic planning and direction." -- Scott Kelley, President and CEO, Service Center Metals
