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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]
In April 1862, Hershey's sister Sarena Hershey was born in Derry Township, Dauphin County, Pennsylvania, and died in 1867 at age 4. [3] Hershey had a very limited education, with no schooling beyond the 4th grade. In 1871, Milton Hershey left school and was apprenticed to a local printer, Sam Ernst, who published a German-English newspaper.
Hershey chocolate bars had their origin in Milton Hershey's first successful confectionery business, Lancaster Caramel Company, which was founded in 1886.After seeing German chocolate manufacturing machinery at the World's Columbian Exposition of 1893 in Chicago, Hershey decided to go into the chocolate making business. [2]
Hershey is one of the largest confectionery companies in the world with a market capitalization of nearly $21 billion. Dating back to 1894, the company has a rich history and, as such, has many ...
The Bloomington factory operated until 1900 when it was sold to the Paul F. Beich Company. Shortly after establishing the Western Branch, Hershey set up a third caramel factory in Reading, Pennsylvania. [2] The Lancaster Caramel Company was incorporated on February 8, 1894 and the Hershey Chocolate Company was formally organized as a subsidiary ...
Hershey Chocolate Factory in Hershey, Pennsylvania. 12. Hershey's Churns Out 70 Million Kisses a Day. The Kiss machines in Hershey, Pennsylvania, run 24 hours a day, seven days a week.
Hershey produces a variety of products that are chocolate or candy based, and The Hershey Company also produces gum. This list excludes licensed items such as beer, cereal, ice cream and chocolate milk, which are made by brands like Yuengling , General Mills , Breyers , Good Humor , Klondike , and Natrel .
Shares of Hershey, which has a market capitalization of about $35 billion, rose as much as 19% to $208.03, while those of Mondelez were down about 4% in morning trading. ... Chocolate companies as ...