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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 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 .
The company's first product was the Konabar, consisting of chocolate-covered coconut, nuts, and fruit, which was fairly successful. In 1920, they purchased the rights to Knight's Knifty Knibbles, owned by Anita Grace Knight of Plainfield, New Jersey , and in 1921, introduced the renamed Mounds candy bar , which featured white sweetened coconut ...
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.
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People love chocolate. Americans eat nearly 20% of the world's chocolate -- or around $18.27 billion. That helps make The Hershey Company (HSY) a dividend machine, asserts Jimmy Mengel, editor of ...
The first Hershey's Chocolate World is located off of Hersheypark Drive, in Hershey, Pennsylvania, and is in an entertainment complex that also includes Hersheypark, Hersheypark Stadium, Hersheypark Arena, Hershey Museum, and Giant Center. The Las Vegas location is where the Broadway Theatre used to be.
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 ...