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Our History

Our History

Who We AreOur ClientsOur HistoryOur People

For Five Continuous Generations, the Newman name has been associated with Processing and Packaging Machinery for the Food and Chemical Industries.

Harry Newman Irwin (I.E.) Newman Robert D. Newman James L. Newman Howard M. Newman

Timeline of Loeb's History

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.
2009 In House Leasing for individual machinery is launched, first lease signed with in one week of announcement.
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