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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]
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 (NYSE: HSY) is an iconic stock thanks in no small part to the tasty confectionary treats it produces. But there's so much more to know about this consumer staples giant ...
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]
The Motley Fool has positions in and recommends Hershey. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services.
In mid-December, some Hershey (NYSE: HSY) investors might have thought their Christmas was coming early. If accepted, Hershey was sure to fetch a sweet premium, given its high-profile brand name ...