Harry Newman

Irwin (I.E.) Newman

Robert D. Newman

James L. Newman

Howard M. Newman

As a company, it’s Loeb’s mission to consistently provide high-quality used processing and packaging machinery, as well as USPAP Compliant appraisals, asset management, and related services, to enhance our outstanding reputation which began in 1880.

  • 1880

    Harry Newman left ARMOUR SOAP WORKS and went into the new and used machinery business under the name NEWMAN TALLOW & SOAP MACHINERY.

  • 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.

  • 1924

    LOEB EQUIPMENT & SUPPLY COMPANY was started by Joe Loeb.

  • 1946

    Bob Newman (Irwin’s son) came to work at NEWMAN TALLOW & SOAP MACHINERY.

  • 1949

    Bob Newman left NEWMAN TALLOW & SOAP MACHINERY and began working for Joe Loeb at LOEB EQUIPMENT & SUPPLY COMPANY.

  • 1953

    Bob Newman bought out Joe Loeb and Joe’s partner, Roland Ziske.

  • 1956

    Irwin Newman left NEWMAN TALLOW & SOAP MACHINERY to work at LOEB EQUIPMENT & SUPPLY COMPANY.

  • 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.

  • 1975

    Jim Newman bought out Bob Newman.

  • 1995

    LOEB EQUIPMENT & SUPPLY COMPANY absorbed the appraisal work of NEWMAN INDUSTRIAL MACHINERY SERVICE and changed its name to LOEB EQUIPMENT & APPRAISAL COMPANY

  • 1996

    Howard Newman (Jim’s son) began working for LOEB EQUIPMENT & APPRAISAL COMPANY.

  • 2001

    Loeb grows organically to provide Asset Based Loans (ABL division is formed).

  • 2007

    Howard Newman is named President of LOEB.

Join Our Team!

At Loeb, we know that our greatest assets are our employees and the knowledge and expertise they bring to our team. We are always on the lookout for talented career-minded individuals to join our family here at Loeb.