A look at America’s oldest companies and the centuries they’ve survived

While over one in five U.S. businesses fail in their first year, a rare group of companies has endured for centuries. From economic downturns and wars to evolving markets and shifting consumer behaviours, these firms have withstood the test of time.

America’s oldest existing company, Caswell-Massey, was founded in 1752 and remains the country’s first producer of perfume and soap. It is just one example of how tradition and innovation can co-exist in the business world.

Read also: 10 biggest tech company layoffs in Africa since 2020 — 3,160 jobs lost

These companies, spanning diverse industries, have shown remarkable resilience, adapting to technological revolutions, policy changes, and shifting consumer needs while maintaining continuous operations.

In a special feature, we spotlight several of America’s oldest companies founded in the 1700s, alongside a few modern names that dominate today’s market. Their longevity is a testament to strong leadership, flexibility, and an ability to evolve while honouring their original foundations.

Here are America’s oldest companies still in business, highlighting their industries and the years they were founded.

1. Caswell-Massey (Founded in 1752 – 273 years old)

• Industry: Personal Care and Fragrance

Caswell-Massey is recognised as one of the earliest personal care and fragrance companies in the United States. It was established in Rhode Island and has remained in operation since before the American Revolution. The company’s longevity reflects the continuous demand for grooming and hygiene products.

2. The Hartford Courant (Founded in 1764 – 261 years old)

• Industry: Newspaper and Media

Founded in Connecticut, The Hartford Courant is the oldest continuously published newspaper in the United States. It has documented American history from colonial times to the present, adjusting to digital formats while maintaining a print presence.

Read also: Africa’s top 10 most sought-after companies in 2024

3. Baker’s Chocolate (Founded in 1765 – 260 years old)

• Industry: Food and Confectionery

This chocolate brand began in Massachusetts when Dr. James Baker partnered with John Hannon to produce chocolate. Today, it remains a key player in the chocolate-baking segment across American households.

4. Ames (Founded in 1774 – 251 years old)

• Industry: Tools and Hardware

Ames started by producing shovels and other tools in Massachusetts. The company has supplied tools for agriculture, construction, and home use, supporting American infrastructure through centuries of development.

Read also: Nigeria’s 10 most lucrative jobs in the IT industry

5. King Arthur Flour Company (Founded in 1790 – 235 years old)

• Industry: Baking and Food Products

The company started in Boston and focused on importing and distributing flour. It has since grown into a national supplier known for its baking products. Its long-standing presence reflects steady demand in the food sector.

6. Cigna (Founded in 1792 – 233 years old)

• Industry: Health Insurance and Services

Originally the Insurance Company of North America, Cigna has evolved to become a major player in the health insurance industry. It supports millions of clients across the United States and abroad.

Read also: Africa’s top 10 fastest growing companies

7. Dixon Ticonderoga (Founded in 1795 – 230 years old)

• Industry: Stationery and School Supplies

Known widely for its pencils, Dixon Ticonderoga has been a common name in classrooms and offices. It has played a significant role in the educational and office supply industries.

8. Jim Beam (Founded in 1795 – 230 years old)

• Industry: Alcohol and Spirits

Jim Beam started in Kentucky and is one of the longest-standing whiskey distilleries in the country. The brand is now recognised globally and remains a key product in the spirits market.

Read also: 25 jobs on the brink of machine takeover

9. JPMorgan Chase (Founded in 1799 – 226 years old)

• Industry: Banking and Financial Services

What began as the Manhattan Company in New York City has become one of the largest financial institutions in the world. JPMorgan Chase has played a major role in the country’s banking history and continues to evolve with the financial system.