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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]
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 trust was created in 1909 by a deed of trust from Milton and Catherine Hershey, granting 486 acres (197 ha) of land in Hershey for the establishment of the Milton Hershey School. [22] [23] In 1918, Milton Hershey quietly donated to the trust the bulk of his fortune, $60 million of stock in Hershey Chocolate Company (now the Hershey Company ...
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]
HSY data by YCharts. Right now, Hershey's bottom line is being pressured by a shockingly large surge in cocoa prices. This is a key ingredient in chocolate, which is one of the company's big products.
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