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LOEB In the News To Whom It May Concern, This is a heart filled Thank You for emailing us a complimentary registration for the Pack Expo. I wanted to go to the Packaging Expo but knew that usually these tickets were kind of expensive, I was not sure how I was going to get in. I contemplated sitting down stairs in the McCormick place and asking if anyone had an extra ticket. Our business is small we chug away at it because of the love of owning a business and people seem to love our product....that makes it worth it. I have purchase a couple of items from you over the years as we have grown and was looking for automating our business a little. I came away with great ideas. There was a lot to see, I visit your booth and spoke with Tom, his warm smiling face made me feel like a valued customer even though I know I have no financial value to LOEB Equipment...(I mean that I don't buy the big priced items). Anyway, the main reason for this email is to say Thank You for including Eclipse Jamaican Foods, Inc. in your complementary offer. All the best to LOEB Equipment, Sincerely, Angella Thomas Bill, I would like to take this opportunity to personally thank you for the extra effort on your part to minimize down time to a major drive failure. I had contacted you searching for a used Reeves Vary-Drive and you indicated that Loeb did not have a unit in inventory, and that you would search the system to see if a used unit was available. With no used units available, we were facing significant expense and down time to purchase a new replacement unit. Due to your personal effort, you located a company close to A & J that reconditions these units. Your unsolicited effort reduces our down time from approximately three weeks to five working days and saved several thousand dollars. Again I would like to express our sincere thank you personally for the assistance that you and Loeb Equipment extended in reducing our down time and cost savings as a result of your efforts. Sincerely, Joseph L. Sell Mark Israel has stepped up to the plate for Lawrence Foods on several occasions, but he hit a home run on Friday, 8/12/05. In the late afternoon, one of our metal detectors failed. We needed a replacement in a hurry, as we had planned our production for the entire weekend. Because of our long standing relationship with Loeb Equipment, we immediately called Mark. At 3:30 in the afternoon we called and by 6:00 PM that evening we were back in business. In less than three hours of our call, the machinery was at our door. That’s what we call service! It’s no wonder that Loeb Equipment has been in business for so many years. Once again, you demonstrated your commitment to service and quality. We thank you. Tom, Just to let you know we have used the 2,000 gallon mix tank for two introductory batch formulas very successfully. Thank you for your quick response and providing a tank with integrity. The tank will provide many years of great service. Project Engineer Mark Israel has stepped up to the plate for Lawrence Foods on several occasions, but he hit a home run on Friday, 8/12/05. In the late afternoon, one of our metal detectors failed. We needed a replacement in a hurry, as we had planned our production for the entire weekend. Because of our long standing relationship with Loeb Equipment, we immediately called Mark. At 3:30 in the afternoon we called and by 6:00 PM that evening we were back in business. In less than three hours of our call, the machinery was at our door. That’s what we call service! It’s no wonder that Loeb Equipment has been in business for so many years. Once again, you demonstrated your commitment to service and quality. We thank you. I am in receipt of your e-mail and phone call. My Equipment Manager, Phil, has replaced the temperature sensor and now the unit appears to be working fine. We do not anticipate any other problems. Thank you for your prompt response and appropriate resolution to this matter. I am sure we will continue to do business in the future as Stonewall Kitchen continues to grow and expand. Director of Facilities
Those familiar with Texas business personal property taxes are more than likely aware of it's failing history of trying to impose a State mandated penalty for bpp non-filers........ With all of these changes and the highly specialized nature of the beverage and bottling industry it was time to call a qualified expert. My extensive research led me to Loeb Equipment & Appraisal Company in Chicago, Illinois. I picked up the phone and called Jim Newman with Loeb and after we visited for 10 or 15 minutes I knew the calling was finished. I am sure most will wonder why this cowpoke from Texas (D Cowboys) called a unfamiliar appraisal company from Illinois (Bears). The initial factor was my conversation with Jim and the credentials of the company. A very important factor for me was that these folks weren't just appraisers, but were involved in every aspect of the bottling equipment industry. I must say that I have been extremely happy and the appraisers at Loeb are truly exceptional. We have so far completed projects on XX of the XX Texas production plants. Typically when you work with a 3rd party consultant it is the client who is pushing the consultant for more information or the continual reminding of project deadlines. No, this is not the case with Loeb. It's been just the opposite. I would not hesitate to engage Loeb's services again. Regional Property Tax Manager Enclosed please find our payment for the appraisal recently prepared by Loeb Equipment for LaSalle Bank. I also again want to thank you for meeting our (perhaps unreasonable) time requirements on this project. We asked you to complete an appraisal by a certain date and you delivered the report on time - and on the date you said that you would. Thank you again Jim, It will be an easy decision as to who we call first the next time we are in need of an appraisal. Stephen Clingen, 1st VP Thank you for the PDF version of the report. I received the bound copies today. Please thank Jim and Stanley for the fine job they did. We are very pleased with the quality and professionalism of the report. Also, thank you for all of your fine work too. As busy as Jim appears to be, I can tell he would be in big trouble without your great help. Sincerely, This letter is to advise you that BestSweet Inc. had two business transactions with Loeb Equipment & Appraisal Company in 2003 and both have been pleasant and expedient. Loeb found buyers for two pieces of equipment we put on the market. We have recognized the fact that Loeb puts forth an effort that produces results as well as great customer support with contracts, return phone calls, and prompt payments. Our business relationship has been very satisfactory. Sincerely, BestSweet Inc.
I am writing this letter so that I may formally thank you for the quick and business like manner in which your company helped Mardale with the problems that availed itself when we started up the processor we purchased from your company. It is very unusual to deal with an equipment dealer that stands by it's word and actually helps a user instead of leaving him hang. Again may I offer my sincere thanks to you and your company. Robert Schultz JR.
Thanks AGAIN for the service on the desktop appraisal. I have received several very positive comments on how this process works and the fact that we had the foresight to previously develop it. We look foreword to a long lasting relationship with Loeb Equipment and GE Capital for our surplus equipment needs. Kraft Foods
Now that the sale of our plant and equipment to LOEB is complete, I'd like to thank you for completing this difficult transaction as smoothly as possible. Loeb's flexibility, quick response and professional staff brought this project to close in record time and with minimum issues - Thank you! We spent considerable up-front time reviewing a number of national equipment, appraisal and liquidation companies before choosing LOEB Equipment and looking back, it is clear that we made the right choice. I would highly recommend LOEB Equipment to anyone looking for a professional. easy to work with, equipment and appraisal company and I plan on using you in the future as the need arises. Mercer Miller
I know everyone is going crazy about this time of the year! I wanted you to know how much I enjoyed working with Stan. He is truly a superb Appraiser and a great guy. I was extremely impressed with his ability to facilitate his way with the CCE production folks and I have received some great feedback! Looks like I am going to have more work soon........ Have a wonderful Thanksgiving. Bill
A short note to let you know we have the equipment installed that we recently purchased from you. The machines are running great, and the improvement is apparent to even the casual observer! The whole process went well, from negotiations through setting up and getting the machines running. You guys have a great attitude! Buying used equipment is sometimes a little "tricky" but you made it a pleasurable experience. James Spillman
It has been a long six months since the devastating fire, and thanks to you for your help in accomplishing the nearly impossible. We have finally completed the rebuilding. We have moved into our new offices and have installed the equipment in the new production facility. Panola Pepper Corp
We would like to thank you and your firm for the long-standing business relationship we have developed over time. Our business success at Frito-Lay Engineering is based upon your commitment to deliver quality goods and services against aggressive schedules and pricing challenges. Rick Calamari
I work in the Real Estate Department, working on the acquisition and disposition of leased and owned properties of The Procter & Gamble Company and all it's subsidiaries. Within the past year, one of the projects I worked on was the sale of a manufacturing facility, here in the states, that had recently been shut down and production consolidated to another plant. Although not part of my normal business, we were approached by a company, Loeb Equipment, who was interested in the equipment, AND the property itself. Through much financial analysis and evaluations, P&G decided to sell the unwanted and unneeded equipment associated with the plant shutdown to Loeb Equipment along with the property. The experience turned out to be a great decision! The equipment was off of our books within days of the plant shutting down and the property was as well. My experience with Loeb has been a pleasant one. They are fair and work to do the right thing for all parties. He understands that he has a job to do, but also understands that we, P&G, have certain minimum and maximum criteria we need to work with. If Tom is an example of a Loeb employees, I am very comfortable with doing business with this company. I wanted to share my experience with you and make myself available to any questions you might have....... My experience with Loeb, the selling of equipment and property to them, was very good. Anne
"Nothing but good news coming from XXXXXXXXX's team in light of the successful auction at the Kraft Nabisco Center. It was great to visit with you, and look forward to this relationship growing to our mutual benefit, and that of Kraft Foods." G E Capital
One of my customers recently needed financing on several cup-filling machines. As this is a new industry for our company, I needed an expert appraiser, one who specializes in food packaging and fulfillment. LOEB proved to be the right choice, as I received a concise, detailed appraisal which not only provided the values I requested, but also included pictures of the equipment and a detailed industry overview. I just wanted to take a second to thank you for your professionalism and timely assistance. I am looking forward to working with you and your company again in the future. Steven Cubellis Vice President
Your support of the United Way - Gerber products Charity Golf tournament is greatly appreciated. Your assistance will enable 26 United Way Agencies to touch more then 288,000 men, women and children in the six county service. Thank you for your support. Gerber Products
I just wanted to let you know that we are thoroughly satisfied with our recent purchase of the two Angelus can seamers. The assistance in locating a competitive trucking company for delivering the machines relieved our purchaser from the timely chore of phoning and getting shipping costs. This saved him a lot of time and aggravation. If we have any machinery requirements in the future, you will be the first to be considered. P.S. Thanks for the jellybeans my grandchildren love them. Marc Kruger
Reference recent machinery and equipment appraisal your company did for our company. A short note to advise XXXXX was very pleased with the professional manor in which this work was done. The project was handles in a timely fashion and your full report is very professional. Thanks very much for the fine service. Neil Sohngen, President
Since 1967 your company has worked hand in hand with both my father and myself in securing equipment for our various operations. I want to thank you for operating a fine family held business that has always demonstrated high business ethics. The relationship that has developed over these years has made it a pleasure to do business with you and your company. I especially appreciate the guidance you have provided me over these years in finding sources for equipment you could not provide, knowing that you would not profit from these transactions. It is that type of character that sets Loeb Equipment apart from the rest! As we enter the new Millennium I look forward to continuing our relationship with Loeb and the family that operates it. John Tritt, President
I just wished to write you a short note saying what a pleasure it was to work with you on the cosmetic / pharmaceutical auction which took place earlier this month. While the auction took only two days, I believe its successful outcome was due to the months of hard work in its set up and strategy in which you had a large involvement. I realize that while your firm has worked with Heller’s Chicago office in the past, this was our offices’ first opportunity to have worked with you, and it is apparent to me why your firm is so highly regarded by other members of our organization. Your overall professionalism, knowledge of the industry and honesty enabled me to make informed decisions based on facts and your extensive experience in your business. This assisted me in maximizing my recovery and making the best of, what always is, a very difficult situation. Once again, thank you for all your hard work, and I wish you and your firm much success in the future. Joseph Skaferowsky, Vice President
We have been doing business with Loeb for many, many years and we have always been pleased with the results. I started doing business with Irwin your grandfather so long ago I cannot give you the exact year. He, like his son and grandson, was a gentleman with whom it was a pleasure to deal. We almost invariably start with Loeb Equipment when we are in need of help, advice and equipment. Keep up the good work. Eugene J. Garvy, President
Without question, your involvement in this case as an expert on the issue of the in-place value of the existing equipment at the beverage plant has proven pivotal to our success to this point. I have always enjoyed working with a person who knows his business and is able to communicate his knowledge to others-you know your business and are able to communicate it to others. I am very impressed and grateful that you made yourself available to us on an as needed basis. You are an expert and professional in the true meaning of the words. Claude Edward Hitchcock
We have finally reviewed all of the details of the auction and want to commend you and your associates on a fine job moving virtually everything and obtaining the goal, which we so desperately needed. From our prospective, the auction went smoothly and it was a pleasure to be able to simply turn over such a large project to someone else and to achieve the desired results. We look forward to working with you again in the future. Randolph S. Klueger, CFO
Over the years, Loeb Equipment has been an extremely valuable resource upon which I and my colleagues at the Northern Trust Company have regularly relied upon for guidance in evaluating and remarketing the processing equipment that serves as the security for our leading activities in the food and chemicals industries. Your input and market intelligence are fundamental to our collateral risk management in these fields. Please extend my fondest regards to your dad. I think of him often. Nearly twenty-five years ago, he did the appraisal work on the first asset-based transactions I was involved in underwriting. Thereafter, until his retirement, I routinely called upon his wealth of expertise and in doing so, we developed a truly great business relationship. I wish you and everyone at Loeb a happy holiday season and continued good health and success as you carry your family business's proud tradition o exemplary customer service into the new millennium. Thanks again for your assistance on the aforementioned matter. Jay Pape, President
I wanted to drop you a note and thank you for co-ordinating the sale of the equipment for us out of the Peanut Butter Plant in Chaska, Minnesota. I felt the auction was a success and appreciate the time and effort Loeb Equipment put into this. Chuck Nicketta, Director of Manufacturing
Over the last twenty years, Loeb Equipment and your family have been at the forefront of the processing and packaging equipment appraisal business. Your prompt response, accurate listing and evaluation of force liquidation has always been on the mark. In this business world of ours, we sometimes don’t take the time to express our thanks. We at K & L want to thank you and wish you and your family the best for the holiday season. Vee Lacroix , President
All of the equipment sold at the auction in November has been removed from the LTBA facility in Robinson, Illinois. The removal was performed in an expeditious manner and the facility was left in acceptable condition. Thanks for your assistance and cooperation. P.J. Barnes, Manager, Technical & Maintenance
I just read your latest Loeb Letter. Congratulations to your great grandfather, grandfather, father and now your son: I didn’t leave anybody out did I? Seriously, I’ve been in banking for 15 years now (yes, it’s been that long) and I’ve never heard of any privately-held company remaining in the same family for five generations. Congratulations. On a separate matter, I’m very pleased that we will be employing your services in Milwaukee soon. I asked you to review on some equipment about one month ago. Well, we got the deal. I’ll be in touch. Congratulations again to your and your family. Roger A. Pillsbury, Senior Vice President
Hartigan students are so fortunate to have a guardian angel who always thinks CHILDREN. Our students who received the BULLS tickets are so excited in anticipation of attending an upcoming Bulls game. Nathan Long, an eighth grader went to the Bulls game that was held on Tuesday, March 9th. He thoroughly enjoyed the experience and probably would not have had the opportunity if not for your generosity. Betty J. Greer, Principal
This letter is to highly recommend the services of Loeb Equipment as a supplier of appraisals for bank valuation purposes. American National Bank has had extensive experience with Loeb Equipment for appraisals. These appraisals have constituted both orderly liquidation and auction values. Typically, but not exclusively, these appraisals have covered food and chemical processing equipment. Appraisals have always been delivered on a timely and cost-efficient basis. ANB customers have been satisfied with your service and reports. However, the true standard by which we judge appraisers is their ability to accurately forecast the valuations requested. In this manner, Loeb Equipment has performed extremely well for us. On two recent occasions, workout liquidation's on equipment resulted in ANB recapturing 95% or more of the estimated value placed originally by Loeb Equipment. Loeb Equipment is one of six approved appraisers for American National Bank. Our history with Loeb Equipment has been long, and mutually successful. Arthur W. Murray, Second Vice President
Just a short note to tell you that we are very happy with the Artofax mixing bowls. As your know we purchased these bowls through the telephone and because of this I was a little worried as to what I would see when they arrived here. I had no reason to be concerned as they are better than expected and better than you said. For this I want to thank you. We will call you when we have other needs. John Voortman
Thank you so much for the gift of $1,500. You have been such a wonderful benefactor for our children. In our ever-increasing technological society, a new computer is a needed and appreciated gift to our school. Also, I am so happy that you like the scoreboard. it certainly is possible to mount a small sign on the scoreboard indicating that it was donated by your company. Please let me know when you wish to take care of this. Thank you again for all of your generosity, your kindness and your commitment to our children. Sincerely, Betty J . Greet
It has been most gratifying and exciting to have seventh and eighth graders from "Project Community Core" (Hartigan Elementary School's School-to-Work Program) working this summer at your business on State Street. In this day and age, it makes very good sense to offer students practical job experiences in lieu if students becoming involved with gangs, drugs and teen pregnancy. In addition to improving reading and math skills, students have received valuable on the job training with computer, as well as significant "boost" in self-esteem and social skills. Argie K. Johnson
On behalf of the Board of Directors and the entire Wabash YMCA Family, I want to thank you for your recent pledge payment to the Wabash YMCA. Your gift will go a long way in helping us to continue our mission in serving the people of our communities. Without people like you and your generous support, we simply could not provide our communities with the quality programs and healthy atmosphere the YMCA is know for. You are a hero!! Again, thank you for your gift. You are truly making a real difference in the lives of many people. Sincerely, Adrian Moore
You have shown that big business is both caring and giving. Maple Lawn Elementary sees these wonderful qualities in you and would like to express a wholehearted thank you from all the students, teachers and staff. You donation demonstrates your generosity toward our children and this community. Juanita Nix, Principal
On behalf of the March of Dimes Birth Defects Foundation, we want to thank you for your generous contribution of $1,250 to the 2000 Celebrity Golf Outing in support of the Campaign for Healthier Babies. Through your gift, more money can be invested in our pursuit of research, education and community service programs, which will lead to a time when every baby will have the chance to start life strong and healthy. Again, our deepest appreciation for your support Gail J.H. Wilson
LOEB HOMEPAGE
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