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New Jersey Resources company history timeline

1952

Name Change in 1952: New Jersey Natural Gas Company

1953

By the end of 1953 NJNG completed the conversion to natural gas and the manufacturing facilities of the "town gas" era were closed down.

1956

In 1956 NJNG topped $1 million in net income for the first time.

1962

By 1962, with nearly 150,000 customers, it reached the $2 million mark.

1970

Environmental Regulations Established In 1970, both the Environmental Protection Agency (EPA) and the New Jersey Department of Environmental Protection (NJDEP) were created.

1971

Nonetheless, the natural gas shortage grew so severe that in 1971 the company ceased to take on new residential customers and eliminated its sales department.

1975

On the supply side, the company invested in new LP plants, then in 1975 established an exploration and production subsidiary, New Jersey Natural Resources Company, to find new supplies of natural gas.

1978

Williams was replaced as president by James T. Dolan in January 1978, the same year that NJNG was able for the first time in seven years to add new customers and reinstate its marketing operation.

Williams was replaced as president by James T. Dolan in January 1978, the same year that NJNG was able for the first time in seven years to add new customers and reinstate its marketing operation. Its exploration activities also were beginning to succeed when in 1978 its subsidiary discovered natural gas.

1980

In 1980, the Army Corps of Engineers discovered by-products from an MGP in Stroudsburg, Pennsylvania while dredging a nearby creek.

1982

Involved in a variety of ventures, NJNG reorganized in early 1982.

1982: A holding company, New Jersey Resources Corporation, is formed.

1984

The first deliveries of Canadian gas through the Boundary agreement arrived in November 1984.

By 1984, NJNG had begun investigations of all of its former MGP sites, and by the end of the decade, had executed Administrative Consent Orders (ACO) with the NJDEP for the Atlantic Highlands and Toms River sites.

1985

Downes had been with the company since 1985 and risen to the rank of chief financial officer.

1991

In 1991 Abrams passed away at the age of 81, and in that same year another founder, Irving Koerner, died at the age of 84.

1996

NJNG adopted a philosophy of broad communications and in 1996 began community and education outreach that extended beyond the owners of properties directly affected.

1999

In 1999 NJR and a subsidiary of General Electric agreed to market fuel cell technology to NJR's residential and small business customers, becoming the exclusive distributor of GE's MicroGen unit.

2000

In December 2000 it launched NJR Home Services to offer home-appliance repair, like many utilities around the country taking advantage of its relationship with customers and reputation for service to generate revenues in this nonregulated business.

By 2000, NJNG was actively improving both the Long Branch and Atlantic Highlands sites while continuing investigative efforts continued in Toms River.

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Founded
1952
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Headquarters
Wall, NJ
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Zippia gives an in-depth look into the details of New Jersey Resources, including salaries, political affiliations, employee data, and more, in order to inform job seekers about New Jersey Resources. The employee data is based on information from people who have self-reported their past or current employments at New Jersey Resources. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by New Jersey Resources. The data presented on this page does not represent the view of New Jersey Resources and its employees or that of Zippia.

New Jersey Resources may also be known as or be related to New Jersey Resources, New Jersey Resources Corp, New Jersey Resources Corp. and New Jersey Resources Corporation.