Introduction And Business History And Description

Hershey is always coming up with new flavors and designs of Reese’s Cups. During holidays such as; halloween and christmas. They have you covered for the four biggest chocolate holidays. The packages are even more eye catching with decorations. Everyone knows what a Reese’s cup is.

Milton used a caramel recipe he came by during his recent travels. This was the company that made him known as a “candy maker” and also set the stage for upcoming accomplishments. Using the experience he has with the Lancaster Caramel Company he moved about 30 miles northwest, near his birthplace. During the 1893 World’s Columbian Exposition in Chicago is when Milton first became fascinated with the art of chocolate making. He then gathered large supplies of fresh milk, used to produce fine milk chocolate. Back in that time, milk chocolate was a luxury product, so he was excited and inspired by that. Milton was determined to make a recipe for milk chocolate and later sell it to the American public. Milton decided to sell his caramel company for $1 million and devote his attention to making chocolate. The first Hershey bar was the created in 1990. Hershey’s kisses were then developed in 1907, and then lastly came along Hershey bar with almonds in 1908. On March 1903 he started the makings on what was to become the world’s largest chocolate manufacturing company, completed in 1905. It became the first nationally marketed product of its kind. Milton has the characteristics of hard work, confidence and not giving up. He has these characteristics because he failed 2 times, and still continued to try and make a successful company. He went through many trials and errors and eventually proved that he can and was successful. Milton has proved himself to be a courageous

The premium chocolate industry is a large market in the United States and continues to grow around 10% annually. It is also populated with very strong

(Transition: The history of Hershey’s chocolate laid the foundation for the many different types of chocolate eaten today.

The founder of Hershey Chocolate, Milton Hershey, had a long journey to creating some of the most famous candy today. From a young age he lived in poverty and his parents constantly fought due to differences, which would always have an impact on Milton’s life. He started out in the business struggling, first with his caramel business going under and the unhelpful advice of his father that only led to Milton making more mistakes. Once Milton made it big he went on to do amazing things and dedicated a big part of his life to helping other people and focusing on the well-being of his employees. Milton Hershey was indeed one of the most famous and successful people in the candy community, but it was only through many hardships and stress that got him there.

The Hershey Company is the leading North American manufacturer of quality chocolate, non-chocolate confectionery, and chocolate-related grocery products. The company is also a leader in the gum and mint manufacturer category as well. In this paper, I will discuss the history of the Hershey Company and the impact it has on the United States and the rest of the world.

For over one hundred years, there has been only one company that has been on top of the candy industry in North America; Hershey. With over 14,000 employees, serving 70 countries worldwide and net sales of $6.6 billon, Hershey has come out on top. The Hershey company began in 1894 by Milton Hershey. The company has over 8 factories, but their main headquarters resides in Pennsylvania. The beloved Hershey milk chocolate bar has been a favorite by many, but would it still be if more people knew how it came to be that? One of chocolates main ingredients is cocoa. Cocoa, or cocoa beans come from tropical areas around the world, but is mostly found on the Ivory Coast in West Africa. Hershey, along with Mars and Nestle are the three major companies that buy their cocoa from West Africa, but with further investigation, it has been known that over 4,400 children work on those cocoa farms that they buy from.

The proposed sale of Hershey Foods Corporation (HFC) during the summer of 2002 captured headlines and imaginations. After all, Hershey was an American icon, and when the company’s largest shareholder, the Hershey Trust Company (HSY), asked HFC management to explore a sale, the story drew national and international attention. The company’s unusual governance structure put the Hershey Trust’s board in the difficult position of making both an economic and a governance decision. On the one hand, the board faced a challenging economic decision that centered on determining whether the solicited bids provided a fair premium for HFC

M&M’s biggest competitor is Hershey’s brand like M&M candies. The competition is fierce among the chocolate industry. Hershey and Mars are rivals and want the opportunity to gain more of the market share. In 1954, Hershey-ettes were introduced to compete against the similar M&M’s. However, they were not successful and are generally only available for consumers around the Holiday season. By the millennium, Hershey extended the popular Hershey Kisses brand in creating the Kissables. Hershey intended for direct competition to M&M small candy coated round tablet of chocolate in multitude of colors. The candy factories started in standard size packs and by the 70’s moved into standard size candy boxes. In the current year and season, you will find M&M’s in candy canes to small snack sizes and inside ornamental objects. The chocolate world becomes difficult to present as it becomes difficult to come up with new ideas in the candy business. As more companies release products similar to the M&M’s, it will become increasingly difficult for Mars to continue to command the level of market share in the chocolate candy industry and the product has a potential to get lost in the supermarket aisle.

Born into a poor, lower-class family, Milton S. Hershey dropped out of school before reaching the fourth grade. He developed an interest in becoming a confectioner. He believed there would be great demand for affordable, mass-produced chocolate, and thus he built the Hershey Chocolate Company. Hershey’s is now the largest producer of quality chocolates in North America and a global leader in chocolate and sugar confectionery. Although he enjoyed making money, Milton S. Hershey was intent on using his vast fortune for philanthropic purposes. He decided to surround his enterprise with a model town and personally financed the building of roads, utilities,

Changes witnessed over the last few years on mode of packaging and its economic impact.

Chocolate is one of the most popular products consumed in the United States and all around the world. Hershey Chocolate Company originated in 1894, by Milton Hershey (Hershey Company, 2015). He was the first American who began producing milk chocolate bars, and eventually created multiple flavors that changed the chocolate industry forever. With such mass production and success, Hershey was able to make milk chocolate, a once luxury item for the wealthy, into an affordable treat for all (Hershey Company, 2015). Hershey’s way of making chocolate is one of a kind. Hershey starts the chocolate making process by importing cocoa beans from cacao trees found in tropical regions near the equator. Cacao is ultimately the key ingredient in chocolate. The seeds from the cacao trees are then harvested and fermented, where they begin to darken and receive their rich cocoa flavor. The cocoa beans are then sent to the Pennsylvania in the United States, where they are cleaned, sorted and sent to the roasters. Roasting the cocoa beans at 400-500 degrees brings out the flavor of the cocoa beans and also dries them out to retrieve the nib. The nib is the most important part because it is the part that actually makes the chocolate. The nibs are then milled to create chocolate liquor. Chocolate liquor contains a lot of cocoa butter and will be squeezed out in liquor presses to create cocoa powder. Additionally, Hershey’s chocolate would not be the same without their use of fresh,

The purpose of this Market report is to present a study of the different opportunities for The Hershey Company to be able to expand its business globally and to make an initial proposal that Hershey’s pursue opportunities in France.

Hershey Foods Corporation is number one in the confectionary foods market. Although many people associate Hershey with chocolate, the company started when founder Milton Hershey decided to produce caramel in 1894.They are most famous for their major candy brands such as Hershey 's, Reese 's, Kit Kat, Kisses, Twizzlers, Jolly Rancher etc. However, Hershey also sells grocery products including: baking chocolate, chocolate milk, ice cream toppings, cocoa, chocolate syrup, and peanut butter. Hershey has two main operating divisions, Hershey Chocolate North America and Hershey International. Hershey exports their products to over 90

The hershey food cooperation is a confectionery kind of industry that was founded in 1894 by Milton Hershey who is a candy-manufacturer who decided to try adding chocolate to his caramels; transforming the name of his enterprise the Hershey Chocolate. This new factory was located strategically near dairy farms and surrounded by the spirits of hardworking people , by 1900 production of the delicious mil chocolate took place. Followed that, the launch of so many