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Milton S. Hershey, c. 1915 Milton Snavely Hershey (September 13, 1857 – October 13, 1945) was an American chocolatier, businessman, and philanthropist.. Trained in the confectionery business, Hershey pioneered the manufacture of caramel, using fresh milk.
From 1930 to 1936, Milton Hershey had spent more than $10 million on building up Hershey, Pennsylvania, but he reduced hours of his employees and stopped paying annual bonuses. [ 3 ] : 218–219 In those six years, the Hershey Chocolate Corporation made more than $37 million in after-tax profits.
Hershey Trust also serves as trustee of the Hershey Cemetery Perpetual Care Maintenance Trust. The company was trustee of the Milton S. Hershey Testamentary Trust until 2012. [25] This trust was established in 1945 upon Milton Hershey's death, endowed with his remaining fortune of $900,000, for the benefit of the Derry Township School District ...
Filing for bankruptcy is often considered a last resort, and for good reason. It's often expensive and can ruin a person's credit score. Plus, it can make it harder to qualify for financing -- like...
American entrepreneur Milton S. Hershey was born in a Mennonite community in Derry Township, Penn., on this day in history, Sept. 13, 1857. He built the iconic Hershey chocolate brand.
The Hershey Company was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, originally established as a subsidiary of his Lancaster Caramel Company. The Hershey Trust Company owns a minority stake but retains a majority of the voting power within the company. [6] Hershey's chocolate is available in 60 countries. [7]
Catherine Sweeney Hershey was a known gardener and designed the gardens at her homes and the Milton Hershey School. Regardless of this, their marriage was seen as a successful and happy one. Especially when Hershey purchased a nearby home for his mother to move into (a tactic he would also employ when they moved to, and settled the town of ...
1. Milton Hershey. The founder of the Hershey's chocolate company, Milton Hershey, sent $300 to the White Star Line to reserve a pair of Titanic tickets for him and his wife in the spring of 1912 ...