We had a lot of business and industry in Camden. If you can ignore our crime rates and poor education statistics, you will be quite impressed about what has been created in Camden, New Jersey.
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- Campbell Soup Company: The Campbell Soup Company, known by most just as Campbell’s, is a Camden-based producer of canned soups. Their products are sold in 120 countries around the world, but its headquarters are right here in Camden. The company has been here since 1869 when a fruit merchant, Joseph A. Campbell, wanted to make some canned tomatoes and jellies. It has obviously grown steadily since then, and makes nearly $8 billion a year in revenue. As for its effect on the job market locally, Campbell’s has around 17,500 workers in the city, definitely helping with employment.
- Cooper University Hospital: Keep in mind that around 45% of Camden’s employers are in the education and medical sectors. Cooper is a teaching hospital that also does biomedical research. It provides education for an array of medical fields, including nursing, physicians, and allied health professionals. There is also some stem cell science, personalized medicine, and genomics.
- The Delaware River Port Authority (DRPA). This is the agency that oversees the port between Philadelphia and Camden, including all transit. It maintains the links between the states, including bridges, ferries, and mass transit. The agency was actually created by President Harry S. Truman in 1951, though there had been some oversight of the port long before it, President Truman just made it official. The four bridges that are monitored by DRPA are the Walt Whitman Bridge, which is the most-traveled of the bridges, the Commodore Barry Bridge, the Benjamin Franklin Bridge, and the Betsy Ross Bridge, which is the newest, having opened in 1976.
- L-3 Communications: L-3 is an American company that supplies communication and surveillance products. The company is actually headquartered in Manhattan, but has a factory here in Camden. It’s a pretty cool company, though I am not entirely sure about everything they build as it is often used for reconnaissance. I do know that they created the airport baggage scanning systems as well as airport passenger screening systems. So, in a way, you have them to thank for your safety while flying (and perhaps a little bit of the headache it is to go through airport security).
- Rutgers University-Camden: Like I said, education and medicine account for a lot of jobs here in Camden. Rutgers-Camden was started as a joining of the South Jersey Law School and the College of South Jersey. It is one of the three regional campuses for Rutgers University. The college has an area of areas of study, including Arts and Sciences, Business, Nursing, Law, and other graduate and professional programs.
We did have the Susquehanna Bank, which was based in Lancaster, PA, but the bank became defunct earlier in 2015. Before it went under, its assets were around $18 billion had had 3,400 employees.
Since we have some fantastic companies to work for in Camden, our economy is not doing so badly. Actually, several large companies have already shown interested in moving to Camden, including Subaru of America, Holt Logistics, and Holtec International. It makes sense really, since we are currently redeveloping several areas of the city. Campbell’s is working on a redevelopment of its headquarters. There was a plan to develop north Camden to build 5,000 new homes and a large shopping center, but the idea wasn’t received well. But maybe it can be brought up again since the real estate market is back in an upswing.