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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]
Hershey Entertainment and Resorts Company is a privately held company based in the U.S. state of Pennsylvania. Milton S. Hershey established HE&R in 1927 to distinguish and separate his chocolate manufacturing company from his other business ventures.
He was the president of North America at The Hershey Company from December 2007 until November 2010 and was the senior vice president from November 2005 until November 2010. [5] Before his work at Hershey, he held executive jobs at Mission Foods and Danone Waters of North America Inc. [ 6 ] He spent 22 years at The Procter & Gamble Co. where he ...
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.
Hershey stock soared on Dec. 9 after news broke that Mondelez had approached the company with a takeover offer. Mondelez tried to buy Hershey in 2016 for $23 billion but was turned down.
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 .