Industry in Newark, NJ

Newark is the third largest insurance center in the United States. Prudential Insurance and Mutual Benefit Companies originated in Newark. Many other companies are headquartered in the city, including International Discount Telecommunications, New Jersey Transit, Public Service Electric and Gas, and Horizon Blue Cross and Blue Shield of New Jersey.

The southern portion of the Ironbound is also known as the Industrial Meadowlands and has seen a multitude of factories since World War II, including a large Anheuser Busch brewery. The service industry is also growing rapidly as it replaces those in the manufacturing industry, which was once Newark's primary source of economy.

An interesting fact about Newark is that it's the largest city in the US without a Taco Bell restaurant.