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New Jersey Insider
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Largest
Employers A-C
| Alcatel-Lucent |
| 600 Mountain Avenue |
| Murray Hill, NJ 07934 |
| Phone: (888) 4-Lucent or (908) 582-8500 |
| Fax: (908) 508-2576 |
| Web Site: www.alcatel-lucent.com |
|
| Patricia Russo |
| CEO |
| NJ Employees: 4,800 |
| Products/Services: Information systems |
|
Company formed as result of 2006 merger of Paris-based Alcatel and NJ-based Lucent Technologies> Lucent formerly part of AT&T, established as an independent company April 10, 1996, as part of AT&T restructuring, composed of AT&T’s former communications systems and technology divisions, including equipment manufacturing business and Bell Laboratories research facilities and staff with corporate headquarters established in Murray Hill, also site for Bell Laboratories> Initial $3 billion public offering on April 10 sold 17.6% of shares in at that time largest-ever US initial public offering, AT&T divested remaining 82.4 % to AT&T shareholders on September 30,1996> Alcatel formerly part of CGE (la Compagnie Générale d’Electricité), which acquired ITT’s European telecom business in 1986, ITT had purchased most of AT&T’s manufacturing operations outside US nearly 60 years earlier> Lucent initially recorded strong sales, earnings, stock price growth following spin-off from AT&T, but failure to meet earnings projections resulting from decline in telecommunications industry sales, led to sharp drop in stock price, pressure to merge with Alcatel> Former Lucent CEO Patricia Russo named CEO of merged company based in Paris with US operations headquarters in Murray Hill, subject of criticism for failure to acheive cost savings, expand markets from traditional land-line business, announced July 2008 decision to retire by end of 2008> Lucent spun off of Enterprise Networks Group as independent company with headquarters in Basking Ridge, named Avaya, effective October 2000 with focus on providing advanced communications hardware, software and solutions, US leader in call centers and voice communications systems. |
| American Standard Brands |
| One Centennial Avenue |
| Piscataway, NJ 08855-6820 |
| Phone:
(732) 980-6000 |
|
|
WebSite:
www.americanstandard.com |
| Donald C. Devine, CEO |
|
| NJ
Employees: 1,500 |
| Products/Services:
plumbing fixtures |
Formed February 2008 from merger of 3 companies: American Standard Americas, Crane Plumbing, and Eljer> Privately held with major investment from Sun Capital and Bain Capital investment funds> CEO Donald C. Devine, previously president and CEO of American Standard America and of Jacuzzi Brands>, Products marketed under brand names such as American Standard®, Porcher®, Jado®, Crane® and Eljer®> Product lines include bathroom and kitchen faucets, fixtures and furniture with leading positions in toilets and number two position in bathroom fixtures in US and overall category leadership in Canada, Dominican Republic and Mexico> Origins partly derived from former American Standard Companies, which announced in February 2007 it would break up its three divisions: American Standards Americas (kitchen and bath division); WABCO, (vehicle controls division) and The Trane Company (subsequently sold effective June 2008 to Ingersoll Rand)> American Standard
dates to 1881 founding of American Radiator in Buffalo, merged
1929 with Standard Sanitary to form American Radiator & Standard Sanitary, headquartered in NY City, later bought
CF Church toilet seat company, grew to world's largest manufacturer
of plumbing fixtures and products; also nations' leading supplier
of central air conditioning equipment for commercial and institutional
buildings; and leading supplier of electronic braking and
control systems to the world's manufacturers of heavy-duty
trucks and buses>
Relocated corporate headquarters to NJ 1995 as
part of efforts to reduce costs> NJ operations include corporate headquarters
in Piscataway> American Standard
closed plumbing fixture plant located in Trenton in 2002. |
| AT&T
Corporation |
| One
AT&T Way |
| Bedminster,
NJ 07921 |
| Phone: (908) 221-2000 |
| Web
Site: www.att.com
|
| Randall L. Stephenson, Chairman and CEO |
| |
| NJ
Employees:
20,000 |
| Products/Services:
Telecommunications |
|
| World's
leading provider of IP-based communications services to businesses; also top US provider of wireless, high speed Internet access, Wi-Fi,
local and long distance voice, and directory publishing and advertising
services>
Present company formed 2005 upon $16 billion acquisition by SBC Communications (former Southwestern Bell) to acquire AT&T, its former parent> SBC renamed itself AT&T following closing of transaction> American Telephone & Telegraph origins derived from 1876 invention of telephone by Alexander Graham Bell, who with two financial backers founded Bell Telephone Co. that becomes AT&T> Legal name of company changed 1984 from American Telephone and
Telegraph Corporation to AT&T Corp.> Effective January 1984, Bell System ceased to exist in settlement reached to resolve federal antitrust action, AT&T spun off seven independent Regional
Bell Operating Companies, with AT&T retaining its long distance telephone, manufacturing, and research and development operations> AT&T struggled following Bell system divestiture, suffered series of failed ventures in computers, data processing, cable TV, lost market share in traditional landline and long-distance business to new competitors, wirelesss providers> Once with over 50,000 jobs in NJ, now 12,000 employees, (reduced by over 30,000 jobs since
1995 as result of restructuring through spin-off of Lucent Technologies headquartered in Murray Hill at former AT&T Bell Laboratories headquarters (now unit of Alcatel-Lucent), series
of downsizings and layoffs)> Formerly
owned 35 buildings in NJ as of 2001, reduced number to under 20
by spring 2002, including sale of Basking Ridge administrative
center for $200 million,
with AT&T vacating facility November 2002 and consolidating
staff at nearby NJ offices including 200-acre Bedminster Network
Operations Center> Remaining AT&T
facilities include AT&T Labs research centers in Middletown and Florham Park. |
| Automatic Data Processing |
| 1 ADP Boulevard |
| Roseland, NJ 07068 |
| Phone:
(973) 994-5000 |
| Fax:
(973) 535-7895 |
| Web
Site: www.adp.com |
|
| Gary C. Butler |
| President & CEO |
| NJ
Employees: 5,700 |
| Products/Services:
Data processing services |
|
| One of world’s largest providers of business outsourcing solutions> Data processing firm founded 1949 in Paterson by Henry Taub, joined in 1952 by FRANK
LAUTENBERG, later CEO and current US Senator, initial focus on providing employer payroll services> Now one of largest
independent computer services and information processing firms in US,
serves 600,000 employers with payroll, tax, administrative services
worldwide> Services include payroll, tax and human resource management; industry-specific computing and consulting
services for auto and truck dealers; and computerized auto repair
estimating, auto parts availability services and fee and utilization
audits of bodily injury claims, dealer services provides record-keeping and accounting services for over 7,000 motor vehicle dealers; auto claims service provides auto collision damage estimating service for insurer> Over 10% of US workers, 40% of NJ
workers have paychecks prepared by ADP, processes paychecks for over 27
million employees annually> In fiscal 2007, 83% of Employer Services’ revenues from US, 11% from Europe, 5% from Canada and 1% from South America (primarily Brazil), Australia and Asia> March 2007 completed spin-off of its former Brokerage Services Group business into an independent publicly traded company called Broadridge Financial Solutions, handles paperwork for about
20% of all stock trades on Wall Street> Gary Butler named CEO August 2006, previously president and chief operating officer since 1998, joined ADP 1975, began career in sales and marketing |
| BASF
Corporation |
| 100 Campus Dr # 301 |
| Florham Park, NJ 07932 |
| Phone:
(973) 245-6000 |
|
| Web
Site: www.basf.com |
|
| Dr. Kurt Bock |
| Chairman & CEO |
| NJ
Employees: 1,100 |
| Products/Services:
Chemicals, dyes, fibers |
|
| North American affiliate of world's largest chemical company, BASF SE, Ludwigshafen, Germany, over 95,000 employees worldwide, 15,000 in North America, NJ serves as North American regional headquarters> Founded 1865 as stock corporation Badische Anilin- & Soda-Fabrik (BASF) by Friedrich Engelhorn for production of coal tar dyes> In 1925, merger of BASF with five other companies (including Hoechst and
Bayer) formed IG Farben Trust until dissolution
after World War II> Produces great variety of chemicals
and related materials, consumer brands include Zerex antifreeze,
BASF audio and video tapes, BASF computer disks, Zeftron fibers>
Sold former Knoll Pharmaceutical subsidiary 2001 to Abbott
Laboratories> New, consolidated North American headquarters
opened 1994 at site adjacent to Mt. Olive International Trade
Center, once with over 2,000 employees, announced relocation
of headquarters offices September 2004 to Florham Park, vacating
larger offices in Mt. Olive, relocation affected by downsizing, particularly
due to Knoll Pharmaceuticals divestiture> Other NJ sites include information technology in Rockaway; Fine Chemicals Technical Center in Ledgewood; manufacturing
facilities at South Brunswick (polystyrene packaging); Belvidere
(auto paints, coatings); Washington (Warren County, plastics)> Completed 2006 acquisition of Iselin-based Engelhard Corp. for $5 billion, largest acquisition
in company's 140 year history, Engelhard founded 1902 by Charles Engelhard Sr. as precious metals processor and refiner, son and later CEO Charles Engelhard Jr. reportedly inspiration for Ian Fleming's character "Goldfinger" in James Bond novel of same name> BASF closed Engelhard headquarters following acquisition> 1997 donation of its 360-acre,
undeveloped property in Winslow Township to NJ Natural Lands
Trust for open space preservation, initially obtained Winslow
Township property in 1985 as part of its acquisition of Inmont
Corporation. |
| Becton
Dickinson and Company |
| One Becton Drive |
| Franklin Lakes, NJ 07417 |
| Phone:
(201) 847-6800 |
| Web
Site: www.bd.com |
|
| Edward
J. Ludwig |
| Chairman, President & CEO |
| NJ
Employees: 1,500 |
| Products/Services:
Medical devices and supplies |
|
|
One of
world's leading medical device firms, world's leading maker of single-use hypodermic needles and
syringes, largest US intravenous catheter supplier, also produces diabetic
care products, surgical equipment, diagnostic instruments, thermometers,
laboratory equipment, ACE® brand bandages> Celebrated 100th anniversary
in 1997 of founding of partnership 1897 in NY City by two salesmen,
Maxwell W. Becton and Fairleigh S. Dickinson, Sr., to import medical
thermometers, incorporated 1906 as NJ corporation amd opened first factory
in East Rutherford 1907> Corporate headquarters in Franklin Lakes, regional sales office in Teterboro> Innovations include first disposable sterile
blood donor kit for Red Cross, glass syringes> Announced November 1999
program to use ‘BD’ as new corporate identity and brand name for all
products> Edward Ludwig named CEO effective January 2000, former executive vice
president for strategic planning and chief financial officer> Nearly half of revenue
from foreign sales, built plants in India, China seeking to increase
presence in Asia> Both Becton and Dickinson instrumental in donation of
property, funds for establishing Fairleigh Dickinson Junior College, now Fairleigh Dickinson University> Son of founder and former CEO
Fairleigh Dickinson, Jr., served 1968-72 in NJ Senate from Bergen County,
died 1996. |
| Bristol-Myers
Squibb Company |
| 345
Park Avenue |
| New
York, NY 10154 |
| Phone:(212)
546-4000 |
| Web
Site: www.bms.com |
|
| James Cornelius |
| Chairman & CEO |
|
| Bristol-Myers
Squibb Company |
| PO
Box 4000 |
| Princeton,
NJ 08540 |
| NJ
Employees: 8,000 |
| Products/Services:
Pharmaceuticals |
| Phone:
(609) 252-4000 |
| Fax:
(609) 252-6790 |
|
| Present
corporation resulting from $12 billion 1989 acquisition of
NJ-based Squibb by Bristol-Myers, diverse consumer goods giant
with trademarked products including Bufferin®, Windex®, Clairol®> Merger created world's third-largest drug company (behind Merck, Glaxo) provided
Squibb access to research capital, marketing capability of
Bristol-Myers> Leading maker of anti-cancer products, Taxol
drug made from rare Pacific yew tree and developed at New
Brunswick research laboratory, approved for treatment of ovarian
and breast cancer, anti-cholesterol drug Pravachol introduced
1991, Zerit AIDS treatment, Glucophage oral medication for
non-insulin dependent diabetes, Plavix anti-clot drug> Primary R&D sites located in Lawrenceville (former Squibb headquarters) and Wallingford, CT> Agreed April 2008 to sell ConvaTec ostomy and wound care products business for approximately $4.1 billion to Avista Capital Partners L.P. and Nordic Capital Fund VII> Second-largest Mercer County
private sector employer behind Princeton University> Active in local affairs, cultural support,
patron of Bristol-Myers Squibb Children's Hospital at Robert Wood Johnson University Medical Center in New Brunswick> June 1997 acquisition for $41.7 million of 443-acre property
in Hopewell Township owned by Mobil Corp. (now ExxonMobil), previously used as Mobil research center, developed by
BMS as research facility for 1,700 employees> Opened 1993 $100 million, 690,000 square foot Worldwide Pharmaceuticals
Group headquarters in Plainsboro with 1,800 employees, group
accounts for some 70% of total revenues, also location for
Pharmaceutical Research Institute, global center for annual
$1.8 billion research program; 2,000 employees in Lawrence
administration facility, former Squibb headquarters; 800 employees
in West Windsor data processing facility; 1,500 employees
at New Brunswick administration, manufacturing and research
facility> James Cornelius named CEO September 2006 following resignation of CEO Peter Dolan as result of controversies over attempt to pay generic drug maker Apotex to withhold marketing of generic substitute for BMS best-selling Plavix anti-clot medication; prior federal charges by US Attorney in NJ that BMS inflated earnings by overloading wholesalers with $2 billion in excess inventory led to 2005 settlement under which former NJ Federal Judge Frederick B. Lacey named as monitor of BMS operations, Lacey successfully urged board to remove CEO
Dolan over actions in Plavix-Apotex dispute> Cornelius elected chairman of Board February 2008, prior to joining BMS, served as chairman emeritus of Guidant Board of Directors upon closing of its merger into Boston Scientific in April 2006, previously served as chairman and CEO of Guidant during merger process. |
| Burlington
Coat Factory Warehouse Corporation |
| 1830 Route 130 North |
| Burlington, NJ 08016 |
| Phone:
(609) 387-4000 |
| Web
Site: www.burlingtoncoat.com |
|
| Mark Nesci |
| Chairman, President & CEO |
| NJ
Employees: 1,800 |
| Products/Services:
Retail clothing chain |
|
| Largest US retailer of coats,
with over 400 stores in 41 states, also sells children's apparel, bath items, furniture, gifts, jewelry, linens, and shoes> Formerly family-held and managed by Milstein family under CEO Monroe Milstein, all stock acquired April 2006 for $2.1 billion by Bain Capital Partners, LLC, a leading global private investment firm> Current firm founded 1972 with one
coat factory and outlet store in Burlington, outgrowth of earlier
wholesale outerwear business established 1924 by Monroe Milstein's
father> CEO Mark Nesci appointed following Bain Capital acquisition and retirement of Monroe Milstein, previously chief operating officer, first joined Burlington Coat 1972 as a
part-time Stock Associate while in high school, later became store manager> Typical store offers 10,000 to 20,000 outerwear garments,
outerwear sales represent approximately half of total sales revenue>
Luxury Linens department
ranked as third largest home linens retailer in US> Maintains tight
overhead, cost controls> Opened first NY City
store 1990, first store in Mexico 1994, also opened Totally 4 Kids, first
of series of specialty upscale children's stores 1994 featuring play
areas, storytelling; other divisions include Luxury Linens; Fit for
Men. |
| Campbell
Soup Company |
| Campbell
Place |
| Camden,
NJ 08101 |
| Phone:
(856) 342-4800 |
| Web
Site: www.campbellsoup.com |
|
| Douglas
Conant President & CEO |
| NJ
Employees: 900 |
| Products/Services:
Soup, food products |
|
Largest
world producer of canned soups, other products and brands include Godiva Chocolates, Prego Pasta Sauces, Campbell's Supper Bakes Meal Kits, Pace Salsas,
Tomato Juice, Pepperidge Farm (cookies, croutons, crackers, etc.),
Swanson Broths, V8 Beverages, Liebig (France), Arnott's Biscuits Holdings
(Australia), Heisse Tasse (Germany), Devos Lemmens (Belgium)> Three best-selling soups Chicken Noodle, Tomato and Cream of Mushroom> Of top six selling dry grocery items in supermarkets nationally, Campbell's Chicken Noodle, Cream of Mushroom, and Tomato soups rank 1, 2, and 6 respectively; (Kraft Macaroni and Cheese, Sun-Maid Raisins and Star-Kist Tuna rank 3, 4, and 5 respectively)> 20 manufacturing plants in US and 27 more overseas> Founded 1869 in Camden by fruit vendor Joseph Campbell with partner, icebox manufacturer Abraham Anderson,
as Anderson & Campbell Preserve Company, canned tomatoes, vegetables, jellies, condiments and mincemeat> In 1877, Campbell bought Anderson out and changed company name to Joseph Campbell & Company.
ilong one of South Jersey's major employers> Closed original Camden manufacturing plant 1990 with loss of 900 jobs> Arthur Dorrance invested in company 1882 and succeeded Joseph Campbell as president 1894, company chemist John Dorrance (nephew of Arthur Dorrance) invented condensed soup 1897, allowed production and shipping savings by by removing water, heaviest ingredient, enabled worldwide distribution>
Dorrance descendants remain major shareholders collectively controlling about 50% of stock, also principals in formation of former Strawbridge & Clothier retail chain and former CoreStates Bank> Classic red-and-white label adapted by pop artist Andy Warhol adopted 1898 by company executive and Cornell University alumnus from colors of Cornell football team> Douglas Conant named CEO January 2001 following series of disappointing earnings reports and rumors of Company sale, praised for Campbell earnings turnaround, implemented innovations in packaging, store displays, improved employee morale, Conant previously President since July 1995
of snack and condiments division of
Nabisco, resigned following Nabisco acquisition by Philip Morris, Conant also earlier positions at Kraft Foods and General Mills> Sells on average 80 cans of soup per
second of every day in year in US, 100 cans per second daily
worldwide> One of best records in affirmative action hiring, promotion,
supports through Campbell Soup Foundation NJ food banks, other
charities in health, nutrition, also major patron of State
aquarium through own contributions, creation of matching challenge
grant fund to provoke other support,
purchased naming rights for new minor league baseball stadium
on Camden waterfront opened spring 2001 named ‘Campbell’s
Field’> Completed $72 million expansion of world headquarters in Camden in 2008 supported by agreement with State of NJ and City and County of Camden for governments to invest $23 million in road improvements as part of redevelopment plan for City. |
| The Chubb Corporation |
| 15 Mountain View Road |
| Warren, NJ 07061 |
| Phone: (908) 903-2000 |
| e-mail: info@chubb.com |
| Web Site: www.chubb.com |
|
| John D. Finnegan |
| Chairman, President & CEO |
| NJ
Employees: 4,000 |
| Products/Services:
Insurance |
|
| Founded
1882 by Thomas C. Chubb and son Percy as marine underwriter,
holding company organized 1967 as NJ corporation, relocated
headquarters 1983 to NJ> Nation's 11th largest property and casualty insurer> Primarily commercial insurer, nearly two-thirds
of annual gross $12 billion in premiums in commercial coverage; sold life and health
insurance subsidiaries 1997; personal lines coverage focus
on high-income market in homeowners and auto liability>
Also increasing share in Europe, other foreign markets> Chubb family long one of NJ's most prominent, Percy Chubb
III former vice chairman and chief financial officer until
1997 retirement, continues as Chubb director, and trustee
of Victoria Foundation, Chubb family sponsored foundation active in NJ public, philanthropic
affairs, other boards include NJ Performing Arts Center and Mystic Seaport Museum> CEO John Finnegan born in Jersey City, holds B.A. from Princeton, M.B.A. from Rutgers, J.D. from Fordham Law School, named CEO 2002, previously president of General Motors Acceptance Corporation and executive vice president of General Motors> Other executives
include Chubb Vice Chairman and Chief Operating Officer John J. Degnan,
former NJ attorney general in Administration of Governor Brendan T. Byrne, 1981
Democratic gubernatorial primary candidate> NJ ranks
third of states in overall Chubb premiums written, behind
NY and CA. |
| Continental
Airlines Corporation |
| 2929
Allen Parkway |
| Houston,
TX 77019 |
| Phone:
(713) 834-5000 |
| Fax:(713)
834-2087 |
| Web
Site: www.continental.com |
|
| Larry Kellner |
| Chairman & CEO |
|
| Continental
Airlines Corporation |
| Newark
International Airport |
| Terminal
C |
| Newark,
NJ 07114 |
| Phone:
(973) 961-1601 |
|
| NJ
Employees:
11,000 |
| Products/Services:
Airline |
|
| Nation's
fourth-largest airline in passenger traffic offering over 3,000
departures daily to approximately 280 airports, about half in US, 69 million passengers in 2007> Leading airline
utilizing Newark Liberty International Airport (operating all of Terminal C and part of Terminal A; Global Gateway at Terminal C), completed major expansion project included new, third concourse and new Federal Inspection Services facility), Newark second-largest Continental hub behing Houston,
Newark departures account for 60% of Newark traffic,
37 arriving international flights
daily with 5,500 passengers> Announced June 2008 flight cutbacks and 3,000 job reduction to alleviate losses from higher fuel costs, including 3.2% cut in Newark service> Began flights from Newark to Beijing and New Delhiin 2005, service to Shanghai scheduled to commence March 2009> Newark-Boston route with 20 departures each
way daily busiest route in Continental system> Announced August 2007 decision to withdraw from $1.3 million-per-year deal to have naming rights on NJ Sports & Exposition Authority arena
in East Rutherford, arena called Continental
Airlines Arena for 12 years since January
1996 agreement replacing name on arena of former Governor Brendan T. Byrne> NJ presence
gained primarily through acquisition of former Eastern Airlines
and Peoples Express operations centered at Newark Airport. |
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