Johnson & Johnson

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 homepage       = www.jnj.com

}} Johnson & Johnson (Template:Nyse) is an international pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and is listed among the Fortune 500.

The corporation's main headquarters is located in New Brunswick, New Jersey, United States. Its consumer division is located in Skillman, New Jersey. The corporation includes some 200 subsidiary companies with operations in over 90 countries. Its products are sold in over 175 countries.

Johnson & Johnson's brands include numerous household names of medications and first aid supplies. Among its well-known consumer products are the Band-Aid line of bandages, Tylenol medications, Johnson's Baby products, Neutrogena skin and beauty products, and K-Y jelly lubricants.

1 History
2 Corporate governance
3 Diversification
4 Headquarters
5 Tylenol scare
6 Subsidiary holdings ('J&J family of companies')
7 External links
- 7.1 Company websites
- 7.2 Data

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History

Robert Wood Johnson, inspired by a speech by antisepsis advocate Joseph Lister, joined brothers James Wood Johnson and Edward Mead Johnson to create a line of ready-to-use surgical dressings in 1885. The company produced its first products in 1886 and incorporated in 1887.

Robert Wood Johnson served as the first president of the company. He worked to improve sanitary practices in the nineteenth century, and lent his name to a hospital in New Brunswick, New Jersey. Upon his death in 1910, he was succeeded in the presidency by his brother James Wood Johnson until 1932, and then by his son, who was also named Robert Wood Johnson.

Jamie Johnson, great-grandson of the founder, made a documentary called "Born Rich" about the experience of growing up as the heir to one of the world's greatest fortunes.

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Corporate governance

Current members of the board of directors of Johnson & Johnson are: Mary Sue Coleman, James G. Cullen, Robert J. Darretta, Michael M.E. Johns, Ann Dibble Jordan, Arnold G. Langbo, Susan L. Lindquist, Leo F. Mullin, Christine A. Poon, Steven S. Reinemund, David Satcher, and William C. Weldon.[1]

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Diversification

Since the turn of the century, the company has pursued steady diversification. It added consumer products in the 1920s and created a separate division for surgical products in 1941 which became Ethicon. It expanded into pharmaceuticals with the purchase of McNeil Laboratories, Inc. and Janssen Pharmaceutica, and into women's sanitary products and toiletries in the 1970s and 1980s. In recent years, Johnson & Johnson has expanded into such diverse areas as biopharmaceuticals, orthopedic devices, and Internet publishing.

Johnson & Johnson was named one of the 100 Best Companies for Working Mothers in 2004 by Working Mothers magazine.

Along with Gatorade, Johnson & Johnson is one of the founding sponsors of the National Athletic Trainers' Association. Image:Pei.NB.jpg

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Headquarters

The company has historically been located on the Delaware and Raritan Canal, in New Brunswick. The company threatened to move its headquarters out of New Brunswick in the 1960s, but decided to stay in town after city officials promised to gentrify downtown New Brunswick by demolishing old buildings and constructing new ones. While New Brunswick lost at least one historic edifice (the inn where Rutgers University began) to the redevelopment, the gentrification did attract people back to New Brunswick. Johnson and Johnson hired Henry N. Cobb from Pei Cobb Freed & Partners to design an addition to its headquarters, which took the form of a white tower in a park by the railroad tracks.

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Tylenol scare

In 1982, the company faced the Tylenol scare, in which Extra Strength Tylenol capsules were tampered with by one or more unknown suspects. The product was found to be laced with cyanide, which prompted a national recall. The company's response was widely praised by public relations experts and the media.

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