Tuesday, May 27, 2014

Success: Green Mountain Coffee Roasting & Packaging Facility Sold as a Going Concern

Loeb Winternitz in partnership with TCL Asset Group Successfully Sells Assets from Keurig Green Mountain’s Ontario Plant to an Undisclosed Buyer

Loeb Winternitz Industrial Auctioneers in partnership with TCL Asset Group is pleased to announce that the assets from Green Mountain Coffee Roaster’s North York, Ontario roasting and packaging facility has been sold as an ongoing concern. As a result, the auction planned for May 28th, will not take place. The new buyer of the facility will take up operations within the next few months and will resume production of their line of specialty coffees.

“It is always something special when you can save jobs,” stated Howard Newman, President of Loeb. “Increasing the recovery value of installed assets while at the same time helping a new operator fulfill their dream; Everyone involved is happy with the results and that is always a great thing.”

Working in partnership with TCL Asset Group, Loeb Winternitz was able to fully prepare the site for auction while simultaneously working with Green Mountain to negotiate the sale of the facility as a whole. They were also able to work with the landlord and Mountain View Coffee to help facilitate the discussions for a lease on the real estate.

* * Due to the sale of the facility as an ongoing concern, the auction originally scheduled for 5/28 has been canceled. * *

Thursday, May 22, 2014

Economy Folding Box Corp. Online Only Auction - 6/12

Paperboard & Printed Paperboard Converting Equipment, Steel Rule Die Equipment & Inventory Online Only Auction

Featured Equipment, Includes:
  • Clark Aiken Matik 64 in. Super "DS" Sheeter
  • (2) Miehle 8/C and 7/C Sheet-Fed Printing Presses
  • (6) Faustel Metal Edgers, 4,000 lb. Uncoilers
  • (9) International, Post & Staude Folder / Gluers
  • Harris Seybold Saber 45 in. Paper Cutter
  • (2) Staude Gladiator & International Dual Lane & Single Lane Window Machines(4) Miehle 76 in. Cylinder Die Cutters
  • Woodward Jogger / Aerator
  • Complete Steel Rule Die Shop with Inventory
  • Laboratory & Test Equipment
  • Sullair Air Compressor (Only 6,900 Hrs.)
  • (2) Semi-Auto Horizontal Balers
  • Drive-In Pallet Racking
  • Fork Lifts (LP & Elec.), Platform Lifts and Roll Clamps
  • Stretch Wrappers
  • (3) Kluge and Chandler & Price Letter Presses
  • Plant Support Equip., Office Furniture & Business Machines
Lots Begin Closing Online: Thursday, June 12th at 10AM CST
Location: 2601 S. LaSalle St., Chicago, IL 60616
Inspections: Wednesday, June 11th from 8am-3:30pm or earlier by appointment, contact Sheldrick Holmes at (773) 496-5745 to schedule an inspection