Johnson And Johnson

Johnson And Johnson

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Robert Wood Johnson joined his two brothers, James Wood and Edward Mead Johnson who had formed a partnership in 1885. Operations began in New Brunswick, N.J. in 1886 with 14 employees on the fourth floor of a small building that once was a wallpaper factory. By 1887 the company was incorporated as Johnson & Johnson.
Some of the first products included medicinal plasters containing medical compounds mixed in an adhesive and surgical dressing that could be mass-produced and shipped in quantities.
In 1924 Johnson & Johnson became an international company with the creation of its first overseas affiliate in Great Britain. Also during the 1920?s developed on of their best-known products the BAND-AID. As time went on the company continued to grow and as new individual portions of the company grew they were characteristically organized as individual divisions or subsidiaries.
Today Johnson & Johnson has become a worldwide family of 197 companies, marketing health care products in more than 175 countries. Johnson & Johnson is the world?s most comprehensive and broadly based manufacturer of health care products as well as a provider of related services, for the consumer, pharmaceutical and professional markets.
The income statement shows a 10.6% increase

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