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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.
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]
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.
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It is located at 63 West Chocolate Avenue in downtown Hershey, Pennsylvania, United States, and opened in January 2009. [1] [2] The museum includes interactive exhibits including a Chocolate Lab, where visitors can pour and decorate their own chocolate bar, [3] and exhibits about Milton Hershey, the Hershey business, and chocolate. [4]
Milton S. Hershey, 1910. The business was first located in a warehouse on the west side of South Duke Street near Vine Street. However, the facilities lacked a boiler to cook the caramels and Hershey soon moved to an old factory building on Church Street that had once housed the Edison Electric Plant.
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