A.C. Schultes: 100 Years Old By Going With The Flow

A.C. Schultes, a family-owned well and pump company, founded in the South Jersey area, celebrated a rare feat in 2021 — 100 years in business.

The survival rate for the world’s largest corporations keeps shrinking as iconic companies disappear due to changing consumer tastes, technological innovation, or mismanagement. In fact, only half of the Fortune 500 companies on that list in 2000 are still in business.

With big business faltering at historical rates, the fate of small businesses must be dire, since the…