Case Studies

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MillerCoors

SITUATION: MillerCoors purchased a 40,000 square foot cider processing, packaging and warehouse distribution center. After running the operations in the facility for five years, MillerCoors decided to streamline and move the operations to their Milwaukee headquarters. The Sacramento plant needed to be restored and reconstructed back to its original condition per landlord approval. SOLUTION: MillerCoors…

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Seneca

SITUATION: Seneca was getting out of the canned fruit business and closing it’s 2 million square foot fruit processing and canning facility. The plant was one of the largest single location fruit processing and packaging operations in the world. The real estate was being sold. All equipment needed to be removed and the plant needed…

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Fresh Express

SITUATION: To improve efficiencies, Fresh Express closed three leased manufacturing facilities and consolidated operations to a single location in Chicago. Fresh Express’ three leases, all with different landlords, required facilities be returned to their original form. (As if Fresh Express was never there) SOLUTION: Fresh Express contracted with Schneider Restoration on a turnkey basis, to…

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Quantum Foods Meat and Poultry Facility Bankruptcy Solution

In separate transactions unrelated to the bankruptcy but also directed by Schneider and Tiger, West Liberty agreed to purchase the three Bolingbrook buildings that housed Quantum’s operations. The company purchased the 220,000-square-foot production facility and 80,000-square-foot culinary facility, and leased the 250,000-square-foot cold-storage distribution center. As a result of the transactions, Schneider and Tiger cancelled…

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Oelwein

SITUATION: Community Bank of Oelwein foreclosed on Oelwein Industries, a manufacturer of heavy duty tool chests and cabinets for the medical and industrial industries. For two years, The Bank of Oelwein attempted to sell Oelwein Industries without success. The property included a 38,000 sq ft building on 5.5 acres, a product line consisting of inventory…

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Grupo Herdez

SITUATION: When a Schneider Industries Representative contacted Grupo Herdez to discuss managing a complete investment recovery program, Herdez jumped on board with hopes of receiving maximum value for their 200,000 square foot building, machinery, and equipment in Ensenada. SOLUTION: SI managed an online and onsite auction event offering Herdez’ surplus assets at auction. Bidders competed on…

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Jae Gee Wood

SITUATION: Jae Gee Wood owned a woodworking facility in Anahuac, Nuevo Leon, Mexico, consisting of real estate and equipment. The plant was located in a very difficult area in Mexico, on the border with the United States. The real estate consisted of 250,000 sq ft facility on 120 acres of land. The facility was still…

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Advance Pierre Food

SITUATION: Advance Pierre Food’s facility located in Orange City, Iowa, closed its doors leaving the real estate and the majority of the production equipment sitting idle. Advance Pierre Foods wanted to sell their 186,968 square foot frozen food plant and all surplus assets as a package to the highest offer. An end user in the…

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Takata

SITUATION: Takata, a manufacturer of air bags, relocated their Monclova manufacturing facility in Coahulla, MX, and was left with a building that was no longer needed. Schneider Industries (SI) stepped forward. SOLUTION: After only a few short months of marketing the property and with negotiations between Schneider Industries and a handful of interested buyers, a…

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Thermadyne

SITUATION: Thermadyne was a major manufacturer of welding and cutting products; it changed names to Victor Technologies in 2012. Prior to this time and after a year of negotiations with White Martins, the corporation that owned adjoining property, Thermadyne was unable to close the sale of their real property. SOLUTION: They hired Schneider Industries (SI)…