Top 10 Highest Grossing Businesses in New Jersey

I never realized how well New Jersey's businesses do financially when it comes to actual dollars. Several industries are driving substantial economic activity with two of the largest pharmaceutical companies in the top five highest grossing firms in the state. I know many people who either work or have worked at the number one company in the state. They contribute the most to the local New Jersey economy while innovating medical research and development.

A study conducted by OUSC looked at the highest grossing companies in each state, and the highest grossing companies overall throughout the country.

Another high-grossing New Jersey industry is the finance and insurance industry. This includes companies like Prudential Financial and Northwestern Mutual Life Insurance Company which are both located in New Jersey.

Then there’s the technology and telecommunications companies who also have a big presence in our state with companies such as Verizon Communications.

Many of the companies on the following list also benefit from New Jersey’s proximity to New York.

At number ten on this list is Linde in Bridgewater, New Jersey. It’s an industrial gas and engineering company founded in 1907 and now grosses $32,850,000,000.

Ranking slightly above Linde is Northwestern Mutual Life Insurance Company in Annandale, New Jersey, with $36,000,000,000 in revenue.

The eighth company in New Jersey is PBF Energy in Parsippany with $38,300,000,000.

Novartis Oncology lands just ahead, the 28-year-old company is located in East Hanover and pulls in $45,500,000,000 annually.

Sixth is Bayer in Whippany, New Jersey. It was founded in 1958 and grossed $51,750,000,000 last year.

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The top five starts with Prudential Financial up in Newark. They’re nearly a hundred and fifty years old with a yearly gross of $53,979,000,000.

Merck in Rahway has been based here since 1891 and has a gross revenue of $60,100,000,000.

The third highest grossing business in New Jersey is Medco Health Solutions. Medco is one of the youngest companies on the list and is based in Franklin Lakes, New Jersey. Gross revenue is estimated to be $70,000,000,000.

Number two is iQuanti, Inc. Located in Jersey City, they also grossed about $70,000,000,000 with Marketing being their focus.

Right here in New Brunswick is Johnson and Johnson, I’ve known several people throughout the years who have worked there. They gross more than any other company in the state with a whopping $85,159,000,000 in annual revenue.

As you may have guessed, Walmart is at the top of this list at $648,125,000,000 in revenue. Walmart is followed by Amazon and Apple respectively.

Check out the full list and more information here.

The back-to-school shopping season is upon us, and teachers everywhere are digging into their own pockets to stock up on classroom essentials. According to the National Education Association, educators shell out an average of $500 to $750 annually on supplies their students need.

Many teachers say their districts don’t always provide everything needed to keep students engaged, comfortable, and ready to learn. A survey by the U.S. Department of Education reveals that 94 percent of teachers are spending their own money on classroom necessities. It’s not just teachers either. Support staff like bus drivers, front office personnel, classroom aides, and custodians are also using their own wages to buy supplies.

These purchases cover everything from paper, pencils, markers, and glue, to online learning program subscriptions, lab equipment, snacks for hungry kids, tissues, cleaning supplies, and even hand soap for the bathrooms.

Last year, CNN reported that most school supplies have jumped in price, sending the cost of writing tools and supplies such as crayons, pens, and pencils up nearly 19% year-over-year.

Jamesha Gilliam, a public high school English teacher in Marion County, Florida, keeps a locker in her class filled with pens, pencils, notebooks, glue sticks, and other stationery materials.

“I use my own money to keep it filled up during the year,” said Gilliam. But she was hit with sticker shock when she went to buy a bulk supply of unsharpened pencils. “I would get a 50-pack box for $10, and this year it’s closer to $25,” she shared with the outlet.

Parents have been noticing this as well with some sharing how the cost of back-to-school supplies has gotten out of hand.

TikTok user @cramer.crew, known as Christy, recently shared her annual back-to-school haul for two kids. Her list included the usual suspects like dry-erase markers, folders, notebooks, glue sticks, tissues, and paper towels. Most items were store brands, particularly Target's, which another local mom found to be the cheapest. Christy skipped big-ticket items like electronics and didn’t include backpacks or lunchboxes, which she bought separately. Despite reusing some items like her older child’s backpack and calculator, her total still came to $170.23.

“Absolutely insane. Insane!” she exclaimed.

Another parent, @addi_archers_mommy, known as Harlee, shared her frustration: “I just spent about $100 on my first grader’s school supplies,” she said. “And they wouldn’t even let me buy anything fun.”

She showed her haul, noting the specific name brands required. Although Harlee didn’t always stick to those brands, a teacher friend explained that these requests often come from experience, as investing in quality can save money long-term.

No one seems to blame teachers for the costs. In fact, Christy, in the comments of her video, expressed appreciation for teachers, telling one commenter, “Crazy how teachers are expected to provide it all.”

As the back-to-school season kicks off, some retailers are stepping up to ease the financial burden on teachers by offering discounts and special deals on classroom supplies. They’re rolling out special deals and discounts to help educators fill their classrooms without emptying their wallets. Ready to see which stores are making it easier for teachers to snag those must-have supplies? Take a look at the list below and find out who’s offering a helping hand this school year.

New members can get a $20 or $40 Costco Shop Card, an exclusive offer for teachers. Teachers also receive a 10% discount at most Dollar Tree locations by showing a valid school ID. At Michael’s, teachers save 15% on every purchase. Office Depot offers a 10% discount on in-store purchases for teachers. Staples provides a 20% discount on in-store purchases with an app coupon and teacher ID. Additionally, teachers can enjoy 20% off storewide at Target through Target Circle, available until Saturday, August 24.

Both teachers and students can access Adobe Pro, which includes Photoshop, Illustrator, Premiere Pro, and InDesign, for just $19.99 per month during the first year, and $34.99 per month thereafter. Additionally, teachers and their families can enjoy a 25% discount on AT&T wireless plans, starting at $27 per month for four lines. Instructors can save up to $25 per month on Verizon's Unlimited wireless plans. Canva offers free access to creating lesson plans, posters, and infographics through this link. Teachers get six months of Babbel lessons for $36, a 60 percent discount. Teachers also receive discounts on Google Workspace for Education, which includes Gmail, Drive, Docs, Meet, and more, as well as discounts on Chromebooks. Office 365 Education and Microsoft Teams are available for free, along with a 10% discount on Windows devices. The Apple Store for Education offers discounted items for K-12 teachers, including select Macbooks and iPad.

Books will always be essential for both students and teachers, and there are discounts available for educators looking to expand their collections. Teachers can enjoy up to 25% off on books, toys, and games by joining Barnes & Noble Educators. The Scholastic Teacher Store offers great items for 25% off and up to 50% off with other sales and deals. Scholastic also hosts book fairs and warehouse sales where teachers can purchase items at marked-down prices. Additionally, local bookstores often offer similar discounts for teachers, so it's worth checking out nearby options to find the best deals.