Abstract: Apparatus for storing and handling pallets is disclosed. A vertical housing capable of holding pallets in a vertical stack is equipped with openings to receive stacks of pallets and discharge pallets singly. Vertically arranged wheels are provided on opposing sidewalls of the housing which compress when pallets pass between them. The wheels are ganged to incrementally rotate on a selective basis, opposing wheels rotating in opposite directions. Incremental rotation of the wheels dispenses pallets from the bottom of the stack. Straightening bars which are driven toward the interior of the housing tend to keep the pallets in stack alignment. A ram discharges dispensed pallets from the housing.