Bumble Bee Foods LLC

SITUATION:

Hurricane Katrina severely damaged the Bumble Bee Foods processing plant in Violet. Because of the cost associated with rebuilding, Bumble Bee decided to sell the equipment, machinery, and real estate.

SOLUTION:

Bumble Bee Foods contracted Schneider Industries (SI) to assist in the sale of the 135,000 square foot building located on four acres, as well as all machinery and equipment. This was not the first time Bumble Bee called on SI to help get the most return for their surplus assets. The sale of the equipment and machinery was successful. Immediately following this sale, SI procured an offer on the real estate that Bumble Bee was happy to accept, leading to a successful closing of the property.