The Hershey Company

Question

This piglix contains articles or sub-piglix about The Hershey Company

Answer 1

The Hershey Company brands

This piglix contains articles or sub-piglix about The Hershey Company brands

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Answer 2

The Hershey Company

The Hershey Company

The Hershey Company, known until April 2005 as the Hershey Foods Corporation and commonly called Hershey's, is one of the largest chocolate manufacturers in North America. Its headquarters are in Hershey, Pennsylvania, which is also home to Hershey's Chocolate World. It was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, a subsidiary of his Lancaster Caramel Company. Hershey's products are sold in over 60 countries worldwide. In addition, Hershey is a member of the World Cocoa Foundation. It is also associated with the Hersheypark Stadium and the Giant Center.

After completing an apprenticeship to a confectioner in 1873, Milton S. Hershey founded a candy shop in Philadelphia. This candy shop was only open for six years, after which Hershey apprenticed with another confectioner in Denver, where he learned to make caramel. After another failed business attempt in New York, Hershey returned to Pennsylvania, where in 1886 he founded the Lancaster Caramel Company. The use of fresh milk in caramels proved successful, and in 1900, after seeing chocolate-making machines for the first time at the 1893 World's Columbian Exposition in Chicago, Hershey sold his caramel company for $1,000,000 (equal to $28,788,000 today), and began to concentrate on chocolate manufacturing, stating to people who questioned him, "Caramels are just a fad, but chocolate is a permanent thing."

In 1896, Milton built a milk-processing plant so he could create and refine a recipe for milk chocolate candies. In 1899, he developed the Hershey process which is less sensitive to milk quality than traditional methods, and in 1900, he began manufacturing Hershey's Milk Chocolate Bars, also called Hershey's Bars or Hershey Bars.

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Answer 3

Michele Buck

Michele Buck is an American businesswoman. In March 2017 she became the President and CEO of The Hershey Company, an American food manufacturing company, replacing former CEO John Bilbrey.

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Answer 4

Cory Corporation

Harvey Cory patented his glass filter rod design (No. 114097), for which the patent was granted in 1939.

In 1951, the Cory Corporation, a Chicago company, bought Autopoint from Union Carbide. Cory operated Autopoint as a division appointing the president.

In the 1967, the Hershey Chocolate Corporation bought the Cory Corporation.

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Answer 5

John H. Dowd

John H. Dowd (1922–2004) was a Hershey Chocolate Company brand manager, best known for negotiating the agreement that placed Reese's Pieces to tie in with Steven Spielberg's E.T. the Extra-Terrestrial.

During World War II, Jack served in a unit charged with conducting patrols behind enemy lines. He was awarded a Silver Star, three Bronze Stars, three Purple Hearts and the Combat Infantryman Badge. He was later transferred to Military Intelligence and discharged as a First Lieutenant.

After graduating from the University of Connecticut he was accepted at the Harvard School of Business at which he received his MBA in 1948.

After graduation, he spent a few years at Standard Brands before moving on to an 18-year career with various advertising agencies in both Boston and New York. During this time, he directed the preparation of advertising for everything from margarine and meat spreads to chemicals and concrete.

In 1966, Jack joined Hershey Chocolate Company as Brands Manager and advanced his way to Vice President of New Business Development. He introduced the concepts of Brands Management and Marketing Plans and later participated in the initiation of the first consumer advertising program in the company's history, all while directing the development and introduction of dozens of new products. In 1982, Jack negotiated a contract for Reese's Pieces to tie in with Steven Spielberg's E.T. the Extra-Terrestrial, the first promotion in the company's history for which he was featured in People Magazine and named "Consumer Products Man of the Year" by Sales and Marketing magazine. His story was included in the book Emperors of Chocolate and in the February 1999 issue of Readers Digest. In 1999 he was inducted into the University of Connecticut School of Business Hall of Fame.

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Answer 6

Milton S. Hershey

Milton S. Hershey

Milton Snavely Hershey (September 13, 1857 – October 13, 1945) was an American confectioner and philanthropist. He founded the Hershey Chocolate Company and the "company town" of Hershey, Pennsylvania, eventually becoming a great success. As he and his wife had no children, they turned to philanthropy.

He was honored by the United States Postal Service with the issue on September 13, 1995 of a 32¢ Great Americans series (1980–2000) definitive postage stamp (Scott #2933).

Milton Hershey was born on September 13, 1857 to Henry and Veronica "Fanny" Snavely Hershey. Born the son of a Christian father, his family were members of Pennsylvania's Mennonite community. His ancestors were Swiss and German and had settled in Pennsylvania in the early 1700s. He grew up speaking Pennsylvania Dutch. Like many rural young people of the time, Milton was expected to help out on the family farm, and he learned early on of the value of hard work and perseverance. Henry Hershey rarely stayed anywhere very long, and was prone to leaving his wife and child for long periods. Because of this, Hershey had a very limited education with no schooling after 4th grade.

In 1871, Milton Hershey left school for good and was apprenticed to a local printer who published a German-English newspaper. He did not like that kind of work and he thought it was very boring. One day at work there, he accidentally dropped his hat in one of the machines. Because his boss was hot-tempered, he was fired shortly after. He was worried to see how his parents would react. His father asked Sam Ernst to take him back, and he did decide to give him a second chance, but Mattie Snavely, his aunt, and his mother had a different idea. They wanted him to learn the trade of candy making instead. So, his mother arranged for the 14-year-old Hershey to be apprenticed to a confectioner named Joseph Royer in Lancaster, Pennsylvania. Over the next four years, Hershey learned the craft of creating confections. In 1876, he moved to Philadelphia to start his first confectionery business.

Milton then traveled to Denver and, finding work at a local confectioners, learned how to make caramels using fresh milk. He then went to New Orleans and Chicago looking for opportunities, before settling in New York City in 1883 and training at Huyler's. He started his second business which, while initially successful, lasted only three years, closing in 1886.

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Answer 7

Hershey%27s Chocolate World

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Answer 8

Lancaster Caramel Company

The Lancaster Caramel Company of Lancaster, Pennsylvania, was founded by Milton S. Hershey in 1886. It was Hershey's first successful candy company and helped him build a reputation.

The business was first located in a warehouse on the west side of South Duke Street near Vine Street. However, the facilities lacked a boiler to cook the caramels and Hershey soon moved to an old factory building on Church Street that had once housed the Edison Electric Plant. The early months were a struggle, but a British candy importer placed a large order and the cashier at the Lancaster County National Bank backed a loan, enabling Hershey to purchase supplies. As the business began to grow, Hershey expanded into other parts of the factory building. By 1894 the Lancaster Caramel Company employed approximately 1300 workers.

In 1891 Hershey acquired three lots and a small factory in Mount Joy, Pennsylvania and the new factory soon began caramel production. In 1892, Lancaster Caramel Company expanded, opening a western branch in Chicago, which later moved to Bloomington, Illinois. The Bloomington factory operated until 1900 when it was sold to the Paul F. Beich Company. Shortly after establishing the Western Branch, Hershey set up a third caramel factory in Reading, Pennsylvania.

The Lancaster Caramel Company was incorporated on February 8, 1894 and the Hershey Chocolate Company was formally organized as a subsidiary. Hershey sold the company for $1 million in 1900 to the American Caramel Company, but kept the Hershey Chocolate Company because he felt that there was a large market for chocolate confections.

The American Caramel Company grew out of an industry established by Peter C. Wiest in 1867. He was a pioneer in the manufacture of caramels and soon developed a successful business. In 1878, Daniel F. Lafean became a partner and the firm of P. C. Wiest & Company was organized. The original proprietor retired from the business and in 1895 The P. C. Wiest Company was incorporated with Daniel F. Lafean as president. Lafean was instrumental in establishing the American Caramel Company; which was created March 28, 1898 when the Breisch-Hine Company in Philadelphia merged with The P. C. Wiest & Company in York, Pennsylvania. The home office of the American Caramel Company was located in York, PA.

The American Caramel Company was created on March 28, 1889, when the Breisch-Hine Co. of Philadelphia and the P. C. Wiest Co. of York, Pennsylvania, merged. After acquiring the Lancaster Caramel Company in 1900, the American Caramel Company became famous by including baseball and other cards in with its candies. With the addition of Lancaster Caramel Company, the American Caramel Company grew to control 90% of the caramel in the country. The American Caramel Company was one of the early businesses to issue of Baseball Cards with their product. In December 1928 The American Caramel Company shut down the York Plant, moving the candy making machinery to a more modern facility.

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Answer 9

Paul Logan (colonel)

Colonel Paul Logan served as a US Army Quartermaster before and during World War II. His most notable accomplishment was the development of the "Logan Bar", or Ration D bar, an emergency chocolate ration manufactured by Hershey Chocolate.

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Answer 10

Peter Paul Candy Manufacturing Company

The Peter Paul Candy Manufacturing Company is a candy-making division within the Hershey Company. It was originally founded in New Haven, Connecticut, in 1919 by six Armenian immigrants led by Peter Paul Halajian, with a manufacturing plant in nearby Naugatuck, Connecticut.

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 and dark chocolate.

Despite constant efforts to automate production and cut costs, the Great Depression threatened the $200 million U.S. candy market, and in 1932, they took a risk, retooling and repackaging Mounds in cellophane rather than tin foil for better sales appeal, and doubling the product’s size, making it a twin bar for the same five-cent price. The gamble worked, and within 30 days, sales zoomed. In 1934, the company built a $60,000 addition to the Naugatuck plant and invested still more in new machinery to meet demand, using earnings to pay for expansion without incurring debt. In 1934, the company introduced a new product, the Dreams candy bar, named by students participating in a contest at Naugatuck High School. It consisted of diced almonds and coconut covered with dark chocolate, becoming the forerunner of the Almond Joy bar. In February 1935, after increasing wages by as much as 20%, the company’s stock split two for one, becoming a sensational story carried nationally by the Associated Press. Bucking the national trend, the company paid stockholders continuous quarterly dividends throughout the Depression.

During World War II, despite sugar and coconut shortages, Mounds became a hit with the U.S. military, which purchased 80% of their production by 1944 (5 million bars/month) for use in rations. It also sold caramels and charcoal gum during the war because they used little sugar.

The Almond Joy bar was introduced in 1948, using milk chocolate instead of dark chocolate, and adding a double-toasted almond on top, sold in a blue package to differentiate it from the Mounds' red package, becoming an immediate success

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