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PALLET RECYCLING OF NORTH AMERICA MEETS FIRST GOAL

 ST. PAUL, Minn., Sept. 3 /PRNewswire/ -- Pallet Recycling of North America, Inc. (PRNA) announced today that they have raised $770,000 in an initial private offering. The $770,000 surpasses the minimum required to begin funding of the company.
 PRNA is a start-up company engaged in creating a national presence in the pallet recycling industry. PRNA intends to acquire and create a national network of wholly owned subsidiaries to serve national and local customers. PRNA estimates the pallet recycling market exceeds $4 billion annually. PRNA will offer the first national service to this market.
 -0- 9/3/93
 /CONTACT: Jeff Otto of Pallet Recycling, 612-488-0474/


CO: Pallet Recycling of North America, Inc. ST: Minnesota IN: ENV SU:

08:29 -- MN002 -- 8735 09/03/93 09:44 EDT
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Publication:PR Newswire
Date:Sep 3, 1993
Words:127
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