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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.
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]
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 Milton S. Hershey Mansion, also known as High Point, is a historic house at 100 Mansion Road East in Hershey, Pennsylvania. Built in 1908, it was the home of Hershey Chocolate founder Milton S. Hershey (1857-1945) from 1908 until his death. [ 3 ]
Milton Hershey, fighting off attempts to ration sugar, corn syrup, and cocoa, claimed to Congress that chocolate was a vital source of nutrition for the nation's troops. [5] During the war years, the bulk of the Hershey Food Corporation's chocolate production was for the military.
Hershey will be taking out lactose (a natural sugar present in milk), PGR (Polyglycerol polyricinoleate, a chemical emulsifier), other emulsifiers, and vanillin (the primary component of the ...
Milton S. Hershey, creator of The Hershey Company, was a chocolate industrialist and had founded the town of Hershey, Pennsylvania. [8] On November 15, 1909, [9] he and his wife, Catherine Hershey, signed over a 486-acre (1.97 km 2) piece of farmland, forming the Hershey Industrial School. [10]
Hershey's makes many types of chocolates and candy bars that you're probably very familiar with. Now, the well-known chocolate company is looking into replacing the high-fructose corn syrup in its ...