Wednesday, December 20, 2017

The State of the Evolving Manufacturing Sector

The State of the Evolving Manufacturing Sector: As a firm that actively engages in the buying, selling, auctioning, appraising and financing of used industrial assets, the questions we’re being asked the most these days are “what is the state of the manufacturing sector? What has been happening in the past quarter? What about the past year?”...

LTS is Helping Chicago's Junior Hockey Teams have a Better Experience

LTS is Helping Chicago's Junior Hockey Teams have a Better Experience: The teams are skating a lot smoother over at Johnny's Ice House thanks to their new Zamboni from Loeb Term Solutions...

Thursday, December 7, 2017

Loeb Welcomes Vince Andrews to the Team as Vice President, Equipment Division

Vince Andrews
Vince Andrews
Vice President Equipment Division
(773) 496-5725
vincea@loebequipment.com
Loeb is pleased to announce the addition of Vince Andrews to the team as the Vice President of Loeb's Equipment Division. Vince joins the organization to lead the day-to-day efforts of Loeb's Account Management and Inventory teams.

"My father, Jim, has known Vince since he first started in the contact packaging industry in 1995 and I have been watching him grow to run one of the largest contact packaging operations in the country. We are thrilled to have him join our team to take our Inventory division to the next level," stated Howard Newman, President of Loeb. "I look forward to working with Vince and watching him continue to grow our sales and inventory operations."

Vince brings over 20 years of experience in both brand and private label food processing and contract packaging in addition to having hands on equipment knowledge spanning from sourcing to modification for specific applications. He holds over 8 certifications across sanitary design, process design, and environmental impact that he will use to focus on transforming the production and automation needs of Loeb's customer base. Prior to joining Loeb, Vince most recently was the Director of Operations for a large contract packaging firm where he was responsible for complete process and production system design and installation.

Vince will be based out of Loeb's corporate headquarters in Chicago, Illinois and will be working with his teams to increase efficiencies in Loeb's equipment division and increase sales, purchases, rentals and leases.

For more information about Loeb, visit: www.loebequipment.com 

Thursday, November 30, 2017

LTS is Assisting Another Manufacturer Grow Their Business with a Flexible Equipment Term Loan

LTS is Assisting Another Manufacturer Grow Their Business with a Flexible Equipment Term Loan: Loeb Term Solutions is pleased to finance another $3.8 Million Dollars' worth of industrial machinery helping a manufacturer and distributor of utility, wireless, and structural towers and components leverage working capital from their equipment...

Thursday, September 28, 2017

Chicago P.D.'s Season Premier Was Filmed at Loeb!!

This summer the hit NBC show Chicago PD filmed on site in Loeb's Wabash Yard for their season premier.



In the episode titled "Reform" the squad teams up to bust a gun deal and just prior to the raid scene, we see the SWAT team assemble among machinery in Loeb's north Wabash yard.

Production crews spent the day at Loeb setting up lighting panels and camera rigs as well as filming at a neighborhood school.


This isn't the first time that Loeb has worked with television and film productions.  In 2008, Loeb made its feature film debut when several pieces of equipment were featured in in "The Dark Knight" as instruments in Morgan Freeman's (Lucious Fox) lab and just last year Loeb worked with both Chicago PD and Chicago Fire to provide machinery for staging in episodes.  



Audiences should keep an eye out next year to see more of our equipment featured in the John Goodman & Vera Farmiga film "Captive State.


Thursday, July 20, 2017

LTS Solves Growth Issues for 5 More Companies by Providing Equipment Financing Solutions

LTS Solves Growth Issues for 5 More Companies by Providing Equipment Financing Solutions: Loeb Term Solutions financed over $9 Million Dollars' worth of industrial machinery helping 5 companies within the metalworking, automotive machining, and food processing industries leverage working capital from their machinery and equipment...

Tuesday, July 18, 2017

Sold as a Going Concern: The Power of Auctioneer Agents to Facilitate Bulk Sales

Sold as a Going Concern: The Power of Auctioneer Agents to Facilitate Bulk Sales: Over the past several years, Loeb Winternitz Industrial Auctioneers has taken the lead in active negotiations to sell several facilities as a Going Concern, prior to auction...

Thursday, May 25, 2017

Assets from Harris Silver & Sons, Inc. Sold in Bulk

Assets from Harris Silver & Sons, Inc. Sold in Bulk: Loeb Winternitz Industrial Auctioneers Successfully Sells the Assets from an Illinois Scrap Processor to a Strategic Buyer...

Loeb Takes to TV Again in Chicago PD

Equipment from Loeb was recently featured on an episode on Chicago PD!



Once again Loeb is making their mark on the small screen, this time in the season finale of of Chicago PD.  In the episode titled "Fork in the Road", the FBI is secretly operating out of an old candy factory where several pieces of machinery from Loeb's warehouse can be seen.

This isn't the first time that Loeb has worked with television and film crews to provide machinery for staging.  In 2008, several pieces of equipment were featured in Morgan Freeman's (Lucious Fox) lab in "The Dark Knight" and just last year several pieces were used for a scene in "Chicago Fire."  Audiences should keep an eye out next year to see one of our control panels in the John Goodman & Vera Farmiga film "Captive State."








Thursday, March 2, 2017

Loeb Term Solutions Partners to Close $2.5M Cross-Border Equipment Financing

Loeb Term Solutions Partners to Close $2.5M Cross-Border Equipment Financing: Loeb Term Solutions announces the successful closing of a cross-border, industrial equipment financing transaction for a manufacturing production line in Tijuana, Mexico.

Thursday, February 23, 2017

Paramount Machining Solutions Sold as Ongoing Concern

Paramount Machining Solutions Sold as Ongoing Concern: Loeb Winternitz Industrial Auctioneers and Yellen Partners Successfully Sell Assets from a Michigan CNC Precision Prototype Facility to a Strategic Buyer...

Thursday, January 5, 2017

LTS Finances Over $6.9 Million Dollars' Worth of Equipment in December

LTS Finances Over $6.9 Million Dollars' Worth of Equipment in December: Loeb Term Solutions, closed out the year by financing another $6,900,000 dollars’ worth of industrial machinery and equipment in December. The financing supports a precision die casting company, a metal fabrication facility, an aluminum extrusion facility, and a heavy construction company, helping to expand their businesses in order to meet the demands of their respective industries...