Tuesday 8 December 2009

Wetherill Park. Pallet firm may float

The Melbourne-based national material handling hire company, Loscam Limited, which has branches at Wetherill Park and Sydney Markets, is expected to float on the stock exchange. The company is likely to be valued as much as $500 million, according to The Australian Financial Review. Loscam’s pallets are lighter those of competitor, Brambles, and made of softer wood.

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