wtbts in top 50

by zev 6 Replies latest jw friends

  • zev
    zev

    a post i lifted off of the usenet/newsgroups

    http://www.newsday.com/business/printedition/ny-nya223464068sep22,0,1905261.story?coll=ny-business-print

    Company Profiles NYC 50 September 22, 2003 # 34 (of 50)

    WATCHTOWER BIBLE & TRACT SOCIETY OF NEW YORK 25 Columbia Heights,
    Brooklyn, 11201 718-560-5000 www.watchtower.org

    Revenue: $951 million Industry: Publishing CEO: Don Adams Employees:
    5,227 (all volunteers); local, 3,000

    The Brooklyn print shop responsible for producing almost half of the
    books used by Jehovah's Witnesses worldwide will soon complete its
    final run. The Watchtower Bible & Tract Society of New York printery
    that has produced more than 1 billion books since 1927 is slated for
    closure now that printing, binding and shipping operations will be
    moved to a Walkill, N.Y., location. Walkill's new bindery equipment
    will be able to produce hardcover books and deluxe Bibles at a rate of
    120 a minute.

    In May, Watchtower announced plans to sell the 1-million-square-foot
    building - just one of the buildings in the Brooklyn waterfront
    complex. "Perhaps this building will be used by others in a way that
    is compatible with the Brooklyn waterfront development," said Robert
    Alexander, a spokesman for Watchtower. The organization headquarters
    will remain.

    Watchtower says these changes will contribute to a streamlined flow of
    literature to its 12,000 congregations in the United States. The
    Jehovah's Witnesses' primary journal, The Watchtower, has an
    international circulation of 25 million in 147 languages.

  • yxl1
    yxl1

    Didnt they generate that exact revenue figure last year? And the year before? Methinks something dark and evil is going on at the WTS...

  • zev
    zev

    i hadnt caught that. vewy interwesting indeed.

  • Hamas
    Hamas

    $951 million is only their annual turnover.

    This coupled with their assets sets up a huge business.

  • mizpah
    mizpah

    I'm glad to know that the Watchtower "vatican" will remain in Brooklyn...haha

  • orangefatcat
  • orangefatcat
    orangefatcat

    Zev how are you, good to see your interesting post.

    How is Mrs. Zez?

    LOVE :

    Orangefatcat.

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