Ranbaxy was one of eight companies
receiving awards at NJBIA’s 2005 Awards for Excellence
Dinner held at the Westin Princeton at Forrestal Village
on October 18.
“The winners were selected because they are the
best of the best. They have succeeded not only as private
sector companies, but in improving people’s lives
and our communities,” NJBIA President Philip Kirschner
told a crowd of 240 at the event. “The vision
and innovation demonstrated by companies like Ranbaxy
have a tremendous impact on our economy, their communities
and their workers.”
While the rest of the nation was struggling to recover
from a recession between 2000 and 2004, Ranbaxy was
embarking on a period of tremendous growth. Together,
Ranbaxy Pharmaceuticals Inc., Ranbaxy Laboratories,
Inc. and Ohm Laboratories (collectively Ranbaxy) have
more than doubled total employment and nearly tripled
their payroll.
The pharmaceutical manufacturer and distributor grew
from 150 employees in 2000 to 342 employees in 2004,
a 128 percent increase. By 2009, Ranbaxy expects to
have as many as 653 employees. Jobs have been created
in every category, from production to professional to
advanced degree. During the same period, the company
saw its overall payroll grow by $13 million.
Since 1984, NJBIA annually has honored a select group
of its members with an Award for Excellence. The Awards
for Excellence winners demonstrate outstanding achievements
in one of four award categories: Environmental Quality,
Outstanding Employer, Enterprise and Public Service.
All 23,000 NJBIA member companies are eligible to be
nominated.
An independent panel of judges reviewed the nominations.
Eighteen members of the Service Corps of Retired Executives
(SCORE) volunteered their time to conduct the judging.
They were joined by four members of NJBIA’s policy
committees: William Baney and Joann Trezza of the Human
Resources Committee, and Tom Eckhoff and John Kinkela
of the Environmental Quality Committee.
Mercadien P.C., Certified Public Accountants of Princeton,
verified the information supplied by the winning applicants.
With more than 23,000 members, NJBIA is the nation’s
largest state-level employer association.
 |
 |
Return to Scrapbook |
|
