The Insider Guide to New Jersey Leaders
Coming Soon!
Emerging Firms
Accounting Firms
Banks, Insurance
Real Estate Developers
Hospitals
Hotels & Restaurants
Media
Arts Leaders
Science Leaders
Government and Politics
|
|
New Jersey Insider
Largest
Employers A-C
(additional company profiles and
executive listings also available by e-mail or fax)
| American Standard Companies |
| One Centennial Avenue |
| Piscataway, NJ 08855-6820 |
| Phone:
(732) 980-6000 |
| Fax:(732)
980-3340 |
|
WebSite:
http://www.americanstandard.com |
|
| Frederic
M. Poses |
| Chairman, President, and CEO |
| NJ
Employees:
1,500 |
| Products/Services:
Heating/cooling systems, plumbing fixtures, brake systems |
|
| Origins
date 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>
Trademarked brands include Trane and American Standard
air conditioning products, American Standard, Ideal Standard,
Standard and Porcher plumbing products, WABCO commercial and
utility vehicle braking and control systems, LARA and Copalis
medical diagnostic systems and DiaSorinä medical diagnostic
products> Relocated corporate headquarters to NJ 1995 as
part of efforts to reduce costs, profitability adversely affected
by high debt resulting from resistance to hostile takeover
by Black & Decker in 1988 and leveraged buyout of shares
by investment group, slowing of construction activity, retired
substantial debt through 1995 public offering, renewed acquisitions,
rejected 1997 acquisition proposal from Tyco Industries, implemented
1999 stock repurchase program in effort to improve stock price,
contract with SEARS
ROEBUCK to sell Trane brand central heating and central
air conditioning products to in 800 Sears HomeCentral stores
throughout US> NJ operations include corporate headquarters
in Piscataway, Trane subsidiary air conditioning, heating
manufacturing plant in Trenton> Closed American Standard
plumbing fixture plant located in Trenton in 2002> FREDERIC
M. POSES, previously president and chief operating officer
of AlliedSignal (now HONEYWELL
INTERNATIONAL), elected CEO effective January 2000, succeeding
retiring CEO Emmanuel Kampouris. |
| AT&T
Corporation |
| One
AT&T Way |
| Bedminster,
NJ 07921 |
| Phone: (908) 221-2000 |
| Web
Site: http://www.att.com
|
| David Dorman |
| Chairman and
CEO |
| NJ
Employees:
20,000 |
| Products/Services:
Telecommunications |
|
| World's
largest communications network, operating in over 200 countries
and territories around world with 90 million customers>
Once with over 50,000 jobs in NJ, now 16,000 employees and
$1.8 billion payroll, (reduced by over 20,000 jobs since
1995 as result of restructuring through spin-off of LUCENT
TECHNOLOGIES, series
of downsizings and layoffs)> 8,600 AT&T retirees
and 180,000 AT&T shareholders NJ residents> Formerly
owned 35 buildings in NJ as of 2001, reduced number to 20
by spring 2002, including sale of Basking Ridge administrative
center to PHARMACIA
for $200 million,
with AT&T vacating facility November 2002 and consolidating
staff at nearby NJ offices including Bedminster Network
Operations Center> Completed 2002 sale of AT&T Broadband
to Comcast Corp. in a transaction valued at $72 billion,
creating world’s leading provider of broadband video, voice
and data services with annual pro forma revenue of approximately
$19 billion to be called AT&T Comcast Corporation with
22 million subscribers> Completed earlier restructuring
in 1996 splitting company into three independent firms:
communications services; manufacturing; and computers>
Lucent Technologies, spin-off of former AT&T manufacturing
and research firm, headquartered in Murray Hill at former
AT&T Bell Laboratories headquarters> Remaining AT&T
facilities include 200-acre Bedminster campus with headquarters
offices and network operations center serving as hub of
worldwide communications system, also constructed
new research center in Middletown to serve 1,500 employees
and new research headquarters in Florham Park to serve up
to 2,000 employees> DAVID
DORMAN named CEO July 2002, succeeding C. Michael Armstrong,
Armstrong named chairman of AT&T Comcast following
consummation of merger> Lost market share in traditional
long-distance business, shift of focus to wireless communications,
cable and Internet services failed to restore growth, investor
confidence> Facing competition from VERIZON COMMUNICATIONS for NJ long-distance
market following government approvals for Verizon to offer
long-distance effective July 2002, potential entry of AT&T
into local phone market reportedly constrained by claimed
high costs, technical issues in gaining access to VERIZON
network. |
| Automatic Data Processing |
| 1 ADP Boulevard |
| Roseland, NJ 07068 |
| Phone:
(973) 994-5000 |
| Fax:
(973) 535-7895 |
| Web
Site: http://www.adp.com |
|
| Arthur
F. Weinbach |
| Chairman & CEO |
| NJ
Employees: 5,700 |
| Products/Services:
Data processing services |
|
| Data processing firm
founded 1949 in Paterson by Henry Taub, joined in 1952 by FRANK
LAUTENBERG, later CEO and current US Senator> Now one of largest
independent computer services and information processing firms in US,
serves 450,000 employers with payroll and tax services
worldwide>Services include payroll, tax and human resource management;
brokerage industry data, securities transaction processing and investor
communication services; 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> Over 10% of US workers, 40% of NJ
workers have paychecks prepared by ADP, processes paychecks for over 27
million employees annually> Diversified from basic payroll business to
new information services, brokerage services handles paperwork for about
20% of all stock trades on Wall Street; 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 insurers> Board includes George Heilmeier, retired CEO
Bellcore (now subsidiary of SCIENCE
APPLICATIONS INTERNATIONAL CORP.). |
| BASF
Corporation |
| 3000 Continental Drive North |
| Mount Olive, NJ 07828 |
| Phone:
(973) 426-2600 |
| Fax:
(973) 426-2610 |
| Web
Site: http://www.basf.com |
|
| Klaus
Peter Lobbe |
| CEO |
| NJ
Employees:
1,500 |
| Products/Services:
Chemicals, dyes, fibers, pharmaceuticals |
|
| NJ
headquarters of North American operations of BASF Aktiengesellschaft,
world's fourth largest chemical company (after DU PONT, HOECHST, BAYER),
among top ten producers and marketers of chemicals and related
products in US and Canada with over 105,000 employees>
One of Germany's largest chemical companies with BASF
and HOECHST, all formerly part of I.G. 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 affected by downsizing, particularly
due to Knoll Pharmaceuticals divestiture> Completed July
2000 acquisition for $3.8 billion of Cyanamid agricultural
products division of AMERICAN
HOME PRODUCTS with 600 employees based in West Windsor,
200 additional NJ-based employees, announced 2001 closure
of West Windsor facility> Other NJ sites include manufacturing
facilities at South Brunswick (polystyrene packaging); Belvidere
(auto paints, coatings); Washington (Warren County, plastics);
Whippany (pharmaceuticals)> 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, also provides support of local school programs>
Peter Oakley named head of North American operations December
1997, background in economics and finance, former head of
agricultural chemicals business in North America and since
1995 head of
Crop Protection Division located in Limburgerhof, Germany. |
| Becton
Dickinson and Company |
| One Becton Drive |
| Franklin Lakes, NJ 07417 |
| Phone:
(201) 847-6800 |
| Web
Site: http://www.bd.com |
|
| Edward
J. Ludwig |
| President and CEO |
| NJ
Employees: 2,000 |
| Products/Services:
Medical devices and supplies |
|
|
One of
world's leading medical device firms with $3.4 billion in fiscal 1999
sales, 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> 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> Also named EDWARD LUDWIG as CEO effective January 2000, former executive vice
president for strategic planning and chief financial officer, succeeding
Clateo Castellini, who continues as chairman> 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> RAYMOND GILMARTIN served
as CEO from 1989 until 1994 to resignation to accept position as MERCK
& CO. CEO> Board includes Frank A. Olson, retired CEO of
NJ-based Hertz Corporation, owned by FORD
MOTOR CORP. |
| Bristol-Myers
Squibb Company |
| 345
Park Avenue |
| New
York, NY 10154 |
| Phone:(212)
546-4000 |
| Web
Site: http://www.bms.com |
|
| Peter
R. Dolan |
| 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> 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,
honored by COMMUNITY
FOUNDATION OF NJ for environmental programs; use of surplus
food from its kitchens to feed homeless, disadvantaged in
Route 1 region> June 1997 acquisition of 443-acre property
owned by Mobil Corp. (now EXXONMOBIL), previously used as Mobil research center, developed by
BMS as research facility for 1,700 employees; also announced
1997 development project for pharmaceutical research facility
on six-acre site in Hamilton Township in Mercer County at
ROBERT WOOD JOHNSON
UNIVERSITY HOSPITAL at Hamilton> 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> Sold 450-acre property to MERRILL
LYNCH in Hopewell November 1997 adjacent to I-95 in Mercer
County, site of 5,000-employee Merrill Lynch office development
project to be opened 2001> John L.
McGoldrick appointed senior vice president & general
counsel 1995 and executive vice president 2000, previously
partner at MCCARTER
& ENGLISH law firm, board member of NJ
TRANSIT CORP., since creation of NJ Transit in 1978. |
| Burlington
Coat Factory Warehouse Corporation |
| 1830 Route 130 North |
| Burlington, NJ 08016 |
| Phone:
(609) 387-4000 |
| Web
Site: http://www.burlingtoncoat.com |
|
| Monroe
G. Milstein |
| Chairman, President & CEO |
| NJ
Employees:
1,800 |
| Products/Services:
Retail clothing chain |
|
| Largest US retailer of coats,
with over 280 stores in 42 states> 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> Typical store offers 10,000 to 20,000 outerwear garments,
outerwear sales represent approximately half of total sales revenue>
Luxury Linens department within 175 stores and at 4 freestanding locations
ranked as third largest home linens retailer in US> Maintains tight
overhead, cost controls, average cost of new store fixtures only $300,000,
new stores opened 6-8 weeks after acquisition> 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. |
| Caesars
Entertainment |
| 3930
Howard Hughes Parkway |
|
Las Vegas, NV 89109 |
| Phone:
(702) 699-5000 |
| Fax:
(702) 699-5202 |
| Web
Site:
http://www.caesars.com |
| NJ
Employees: 12,400 |
| Products/Services:
Gaming/Lodging |
| Wallace
R. Barr, President & CEO |
|
| World's
largest casino gaming company, owns, manages or part interest
in 30
gaming properties operating under Bally’s, Caesars, Flamingo,
Grand and Hilton brand names with total of 2 million square
feet of gaming space, over 28,000 hotel rooms and approximately
65,000 employees worldwide> Former
Park Place Enertainemt, changed name effective January 2004>
Owns and operates two Atlantic City casino hotels:
1,265-room BALLY'S PARK
PLACE CASINO--RESORT and 805-room ATLANTIC
CITY HILTON CASINO RESORT, also acquired
in 2001
CLARIDGE
HOTEL AND CASINO out of bankruptcy reorganization>
Spun off December 31, 1998 by HILTON
HOTELS CORP. as independent company with stock distributed
to Hilton shareholders to
operate former Hilton casino-hotel properties, headed by former
Hilton executive vice president and NJ political activist
Arthur
Goldberg,
who served as CEO of Bally's Entertainment until its
acquisition by Hilton in 1997
and who died
October 2000 at age 58>
CEO
Wallace Barr also former president, Bally's Park Place in
Atlantic City and past president, NJ Casino Association>
CLIVE
CUMMIS, senior partner of SILLS,
CUMMIS RADIN TISCHMAN EPSTEIN & GROSS
law
firm, also formerly served as Executive
Vice President-Law and Corporate Affairs> Board
includes chairman Stephen Bollenbach, CEO of Hilton Hotels
Corp.; BARBARA BELL
COLEMAN, CEO of BBC Associates consulting firm and former
executive director, AMELIOR
FOUNDATION and Newark YMYWCA. |
| Campbell
Soup Company |
| Campbell
Place |
| Camden,
NJ 08101 |
| Phone:
(856) 342-4800 |
| Fax:
(856) 342-3878 |
| Web
Site: http://www.campbellsoup.com |
|
| Douglas
Conant President & CEO |
|
| NJ
Employees:
1,100 |
| Products/Services:
Soup, food products |
|
| Largest
US producer of canned soups, tomato and vegetable juices,
pickles, frozen dinners, frozen seafood dinners> Trademarks
include Prego, Pepperidge Farm, Godiva, V-8, Pace> Spun
off spring 1998 as new, independent company, named VLASIC
FOODS INTERNATIONAL, consisting of 7 former Campbell food
businesses including Vlasic, Swanson, Swift meats and Open
Pit sauces> Spin-off part of strategic focus by Campbell
to concentrate on growing core global businesses in soup and
sauces, biscuits and confectionery, and food service, introduced
expanded soup product line 1999 including ready-to-serve microwave
packages, soups fortified with vitamins> CEO Dale Morrison
resigned under pressure March 2000 following disappointing
quarterly earnings report, January 2001 board named DOUGLAS
CONANTas new CEO, previously President since July 1995
of Nabisco Foods Company, snack and condiments division of
Nabisco, resigned following Nabisco acquisition by PHILIP
MORRIS> 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)> Sells on average 80 cans of soup per
second of every day in year in US, 100 cans per second daily
worldwide> Founded 1869 in Camden as Anderson and Campbell
canning factory for fruits and vegetables, long one of South
Jersey's major employers> Dorrance family, descendants
of Arthur Dorrance, who invested in company 1882 and succeeded
Joseph Campbell as president 1894, remain major shareholders
collectively controlling about 50% of stock, also principals
in formation of Strawbridge & Clothier retail chain and
CoreStates Bank (acquired by FIRST UNION> Closed original
Camden manufacturing plant 1990 with loss of 900 jobs>
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, announced January 2001
purchase of naming rights for new minor league baseball stadium
on Camden waterfront opened spring 2001, named ‘Campbell’s
Field’ |
| The Chubb Corporation |
| 15 Mountain View Road |
| Warren, NJ 07061 |
| Phone: (908) 903-2000 |
| e-mail: info@chubb.com |
| Web Site: http://www.chubb.com |
|
| John D. Finnegan |
| Chairman and 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, now diversified into one of 5 largest
US insurers with over $5.7 billion in annual premium revenues
in 1999> Primarily commercial insurer, nearly two-thirds
of annual 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 president
of VICTORIA FOUNDATION, Chubb family sponsored foundation active in NJ public, philanthropic
affairs, also trustee, NJ PERFORMING ARTS CENTER> Executives
include Chubb Vice Chairman JOHN J. DEGNAN,
former NJ attorney general in Administration of Governor BRENDAN
T. BYRNE, 1981
Democratic gubernatorial primary candidate, named 1996 as
Chubb president after serving as general counsel to Chubb
& Son subsidiary, previously represented Chubb as attorney
while partner at Shanley & Fisher law firm, (now DRINKER,
BIDDLE & SHANLEY)>
Over $200 million in total Chubb premiums from NJ, NJ ranks
third of states in overall Chubb premiums written, behind
NY and CA |
| Commerce Bancorp |
| 1701
Route 70 East |
| Cherry
Hill, NJ 08034 |
| Phone:
(888) 751-9000 |
| Web
Site: http://www.commerceonline.com |
|
| Vernon
W. Hill, II |
| Chairman
& CEO |
|
| Commerce
Bank, NA |
| 1701
Route 70 East |
| Cherry
Hill, NJ 08034 |
| Phone:
(888) 751-9000 |
|
NJ
Employees:
4,000
|
| Products/Services:
Banking and financial services |
|
| Parent
holding company Commerce Bancorp with principal subsidiaries
Commerce Bank, N.A., founded 1973, includes Commerce Bank-Shore
and Commerce Bank Pennsylvania; Commerce National Insurance
Services (27th largest US insurance brokerage firm with annual
premium volume exceeding $500 million and over 90,000 clients)
and Commerce Capital Markets (public finance and personal
investments, largest Mid-Atlantic public finance firm with
annual trading and sales in excess of $14 billion, and largest
underwriter of NJ municipal bonds)> Markets itself as ‘America’s
Most Convenient Bank’, features seven-day bank services, extended
hours, extensive online services> One of fastest-growing
NJ banks, rapid expansion broadened South Jersey base to Statewide
branch network, goal of creating
branch network of over 200 offices and total assets
of $11 billion by 2005> Branches in counties of Cape May;
Camden; Gloucester; Mercer; Middlesex; Morris; Ocean; Union
and Somerset; also 8 branches in PA; 3 in DE> CEO VERNON
HILL holds about 7% of stock, served as fundraiser
for 1989 JIM FLORIO
gubernatorial campaign, nominated by Governor Florio
1990 as a commissioner, DELAWARE RIVER PORT
AUTHORITY, but later withdrew name from consideration>
Executives include GEORGE E. NORCROSS, III,
CEO of subsidiary Commerce National Insurance Services, former
chairman of Camden County Democratic Committee and active
in 2000 US Senate campaign of former Governor Florio; JOSEPH
E. BUCKELEW, board chairman of and president of Commerce
Bank/Shore, chairman of NJ HIGHWAY AUTHORITY,
past Ocean County Republican chairman, freeholder and mayor
of Lakewood, also former principal at Seashore Broadcasting
Co., owner of WOBM-AM, WOBM-FM
radio stations until 1997 sale>
July 2000 agreement to pay $3.5 million over 15 years for
naming rights to minor league baseball stadium in Bridgewater
as Commerce Bank Park. |
| Continental
Airlines Corporation |
| 2929
Allen Parkway |
| Houston,
TX 77019 |
| Phone:
(713) 834-5000 |
| Fax:(713)
834-2087 |
| Web
Site: http://www.continental.com |
|
| Gordon
M. Bethune |
| 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
fifth-largest airline in passenger traffic offering over 2,100
departures daily to 130 domestic and over 90 international
destinations> Spun off April 2002 Continental Express regional
subsidiary with 900 flights daily to 80 cities as independent
company through public stock offering> Leading airline
utilizing Newark Airport, flies from
Newark to 118 domestic and international cities, 310
daily departures account for
60% of Newark traffic,
37 arriving international flights
daily with 5,500 passengers,
Newark second-leading hub behind Houston of Continental flight
system> Opened new $80 million international concourse
April 2002> Newark-Boston route with 20 departures each
way daily busiest route in Continental system> January
1996 agreement with NJ SPORTS & EXPOSITION AUTHORITY
to sponsor Meadowlands Arena, renamed as ‘Continental Airlines
Arena’, for potential $29 million in cash and airline tickets
over 12-year period, replacing name of former Governor BRENDAN
T. BYRNE, future of Arena now in doubt due to proposed
relocation of NJ Devils hockey franchise to potential Newark
area and NJ Nets to proposed Brooklyn arena> NJ presence
gained primarily through acquisition of former Eastern Airlines
and Peoples Express operations centered at Newark Airport. |
Proceed to
RETURN
TO HOME PAGE
| | |
