9,955 manufacturing companies.
An Overview of New Jersey Manufacturing According to data compiled by MNI, the century-old industrial data publisher that powers IndustrySelect, New Jersey is currently home to 9,955 manufacturing companies that employ 389,866 workers.
How many manufacturing companies are in New Jersey?
Over 2,500 advanced manufacturers operate in New Jersey from large pharmaceutical companies to small machine shops.
What is manufactured in NJ?
Figure 3
| x | Percent of Job Titles |
|---|---|
| Pharmaceutical and Medicine Manufacturing | 53.1% |
| Soap, Cleaning Compound, and Toilet Preparation Manufacturing | 4.7% |
| Medical Equipment and Supplies Manufacturing | 4.1% |
| Navigational, Measuring, Electromedical, and Control Instruments Manufacturing | 3.4% |
What products are manufactured in NJ?
Detergents, industrial chemicals, paint and plastics resins are also manufactured in New Jersey. The second-ranking manufacturing area is the food processing (bakery products, beverages, fruits, meats, roasted coffee, sugar and confectionery products, vegetables) sector.
What state has the most manufacturers?
With 24,304 manufacturers employing 1,541,000 manufacturing workers, California is the nation’s largest manufacturing state.
What is the largest manufacturing business in NJ?
Novartis Pharmaceuticals Corp.
1. Novartis Pharmaceuticals Corp. As the largest manufacturing company in New Jersey, Novartis Pharmaceuticals employs 5,000 people. Part of the global Novartis family, its total revenue is $52 billion.
What does New Jersey produce the most of?
Nationally, New Jersey is one of the top 10 producers of blueberries, cranberries, peaches, tomatoes, bell peppers, eggplant, cucumbers, apples, spinach, squash, and asparagus.
What industry is New Jersey known for?
New Jersey’s largest industries include financial services, transportation and logistics, and life sciences. While the technology industry in New Jersey is shrinking, the healthcare and life sciences industry continues to grow due to the concentration of institutions and demand driven by an older population.
Why is New Jersey so industrial?
New Jersey was a prime location for manufacturing because of its close proximity to both New York City and Philadelphia. S.U.M. selected Passaic Falls for a number of reasons, including the access to raw materials, dense habitation, and access to water power from the falls of the Passaic.
What are some major industries of New Jersey?
New Jersey’s diverse economy includes major pharmaceuticals, life sciences, financial services, advanced manufacturing, information technology, and transportation and logistic sectors.
What is the most popular job in New Jersey?
Retail salespeople
The most common occupation among New Jerseyans in 2015, with more than 136,000 people in the field, was retail salesperson. That’s 34.9 positions for every 1,000 jobs in the state.
What are the main exports in New Jersey?
The state’s largest manufacturing export category is chemicals, which accounted for $9.1 billion of New Jersey’s total goods exports in 2018.
Agriculture in New Jersey depends on Exports.
| 2017 Value | 2017 State Rank | |
|---|---|---|
| other plant products | $315 million | 15 |
| vegetables, processed | $39 million | 20 |
What is New Jersey’s economy like?
Overview of the New Jersey Economy
New Jersey’s gross state product (GSP) in 2019 reached $564.0bn, with growth of 1.4% over the 5-years to 2019. Businesses in New Jersey employed a total of 24.2 million in 2018, with average annual employment growth of 2.6%.
What state has the best manufacturing?
In 2016, California unseated Texas as the top IW US 500 manufacturing state, in which the the biggest manufacturers in California together contributed $881 billion to the state’s coffers.
Where is most manufacturing done in USA?
CALIFORNIA. Consistently ranked among the top 10 states for manufacturing in the U.S., the Golden State workforce has nearly 8 percent of its employees working in that sector. California’s total manufacturing output was more than $300 billion in 2017, and 2018 saw nearly $155 billion in exported manufactured goods.
Which US state has the most manufacturing jobs?
Top 10 States for Manufacturing Jobs
- California – 42,377.
- Texas – 32,386.
- Illinois – 17,290.
- New York – 14,790.
- Ohio – 14,753.
- Pennsylvania – 14,211.
- Michigan – 12,381.
- Florida – 12,167.
Why are so many companies in New Jersey?
While New Jersey may be attractive in the above ways, it is the state’s labor market and location which are the top two relocation-driving factors, according to Brown. She says, “We know that companies are always driven by workforce, and, so, for us, it is a combination of workforce and location.
What is the GDP of New Jersey?
New Jersey – Gross domestic product in current prices
In 4th quarter 2021, GDP for New Jersey was 700,119.5 million US dollars. GDP of New Jersey increased from 516,884.6 million US dollars in 1st quarter 2012 to 700,119.5 million US dollars in 4th quarter 2021 growing at an average annual rate of 0.82%.
What do manufacturers produce?
A manufacturer is a person or company that produces finished goods from raw materials by using various tools, equipment, and processes, and then sells the goods to consumers, wholesalers, distributors, retailers, or to other manufacturers for the production of more complex goods.
What is the most profitable crop in New Jersey?
Blueberries: $79.4M
The most valuable crop in New Jersey was blueberries, the official state fruit. The 66.7 million pounds grown in the state sold for $79,463,000. New Jersey ranks sixth nationally in blueberry production.
How many black farmers are in New Jersey?
New Jersey officially had 9,800-odd farms in the last Census report, collectively generating more than a billion dollars per year. The same report put the number of all African American “producers” at 76, versus 248 Asian producers.