Our History
For Five Continuous Generations, the Newman name has been associated with Processing and Packaging Machinery for the Food, Pharmaceutical, Cosmetic and Chemical Industries.
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| Harry Newman | Irwin (I.E.) Newman | Robert D. Newman | James L. Newman | Howard M. Newman |
250 Years of Combined Experience at a Glance…
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1880 |
Harry Newman left ARMOUR SOAP WORKS and went into the new and used machinery business under the name NEWMAN TALLOW & SOAP MACHINERY. |
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1921 |
Irwin and Joe Newman went to work for their father, Harry, at NEWMAN TALLOW & SOAP MACHINERY. Irwin and Joe were two of eight children. |
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1924 |
LOEB EQUIPMENT & SUPPLY COMPANY was started by Joe Loeb. |
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1946 |
Bob Newman (Irwin's son) came to work at NEWMAN TALLOW & SOAP MACHINERY. |
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1949 |
Bob Newman left NEWMAN TALLOW & SOAP MACHINERY and began working for Joe Loeb at LOEB EQUIPMENT & SUPPLY COMPANY. |
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1953 |
Bob Newman bought out Joe Loeb and Joe's partner, Roland Ziske. |
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1956 |
Irwin Newman left NEWMAN TALLOW & SOAP MACHINERY to work at LOEB EQUIPMENT & SUPPLY COMPANY. |
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1970 |
Jim Newman (Bob's son) came to work at LOEB EQUIPMENT & SUPPLY COMPANY. NEWMAN INDUSTRIAL MACHINERY SERVICE was formed to conduct market value appraisals. |
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1975 |
Jim Newman bought out Bob Newman. |
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1995 |
LOEB EQUIPMENT & SUPPLY COMPANY absorbed the appraisal work of NEWMAN INDUSTRIAL MACHINERY SERVICE and changed its name to LOEB EQUIPMENT & APPRAISAL COMPANY |
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1996 |
Howard Newman (Jim's son) began working for LOEB EQUIPMENT & APPRAISAL COMPANY. |
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2001 |
Loeb grows organically to provide Asset Based Loans (ABL division is formed). |
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2007 |
Howard Newman is named President of LOEB. |
