Case Studies

ethenol

South Louisiana Ethanol

SITUATION: South Louisiana Ethanol (SLE) filed a motion with the United States Bankruptcy Court for approval of a private sale and public auction of real estate and all available assets located in Louisiana to pay expenses owed to Whitney Bank in New Orleans, LA. SOLUTION: Whitney Bank filed an application to employ and retain Schneider Industries…

enerdel

EnerDel

SITUATION: EnerDel owned a lithium ion battery production facility in Ft Lauderdale, Florida, that produced small format battery cells. EnerDel was exiting that market and no longer had need for the 30,000 sq. ft. building or the assets. EnerDel was expecting to scrap the machines, designed in 2004, due to their specialized nature. EnerDel needed…

bumblebeefoods

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…

ach

Ach Food Companies, Inc.

SITUATION: Ach Foods closed its edible oil and shortening processing facility in Champaign, IL, and hired Schneider Industries to manage an orderly negotiated sale of the processing plant located on 35 acres and all machinery and equipment. SOLUTION: SI was successful in selling all the equipment in a little over six months and secured a…

corn

Dimmitt Wet Corn Mill

SITUATION: Lubbock National Bank foreclosed on a complete wet corn mill including the equipment, machinery, and building with an almost 26 acre parcel and about 1,200 acres of dry farm land. Lubbock National Bank tried for over a year on their own to sell this turn-key property before hiring Schneider Industries (SI). SOLUTION: After implementing a…

mgp-300x227

MGP Ingredients

SITUATION: MGP Ingredients no longer needed to run their pet treat processing facility in Kansas City, Kansas, leaving them with real estate, equipment, product lines, customer lists, existing clients, and R & D formulas, work in process, receivables and payables. SOLUTION: MGP contracted with Schneider Industries (SI) to help them sell the 150,000 square foot…

Tacasa

Tacasa

SITUATION: Tacasa’s facility located in Guatemala City, Guatemala, closed its doors the end of 2012 leaving the real estate unoccupied and equipment sitting idle. Tacasa wanted to sell their 500,000 square tobacco plant and all surplus assets as a package to the highest offer. The plant also had on its property a 100,000 square foot…