The Oldest Company in the World Still Operates Today

To be considered an old company, an organization must be in operation since its foundation and for longer than 200 years. These companies don't include educational institutions, government, or religious institutions. Kongo Gumi, established in 578 AD, is the oldest, continually operating company in the world. Its headquarters are located in Osaka, Japan. This construction company was founded by an immigrant, who was commissioned by Prince Shotoku to build the ShitennĊ-ji Buddhist temple. Kongo Gumi was a family-run company for around 1,400 years until 2006, when the company struggled financially and became a subsidiary of Takamatsu. Before the merger, it employed over 100 individuals and had an annual budget of around $70 million. It continues to specialize in Buddhist temples today. The oldest still operating company in America is The John Stevens Shop, a stone carving company located in Newport, Rhode Island. It was founded in 1705 by English immigrant John Stevens and was a family-run business for 220 years before it was sold to John Howard Benson.