Neafie & Levy

Neafie, Levy & Co., commonly known as Neafie & Levy, was a Philadelphia shipbuilding and engineering firm that existed from the middle of the 19th to the beginning of the 20th century. Described as America's "first specialist marine engineers", Neafie & Levy was probably the first company in the United States to combine the building of iron ships with the manufacture of steam engines to power them. The company was also the largest supplier of screw propellers to other North American shipbuilding firms in its early years, and at its peak in the early 1870s was Philadelphia's busiest and most heavily capitalized shipbuilder.
Following the death of one of its proprietors, John P. Levy, in 1867, the company grew more conservative and eventually became a "niche" shipbuilder of smaller high quality vessels such as steam yachts and tugs. A few years after the retirement and death of its founder and longstanding manager Jacob Neafie in 1898, the company folded through a combination of indifferent management, bad publicity and unprofitable US Navy contracts.

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