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    History and Development of Hershey Company

    en.wikipedia.org/wiki/The_Hershey_Company

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    Early Years and Founding
    • Milton S. Hershey established the Hershey Chocolate Company in 1894
    • Company initially focused on milk chocolate production after selling caramel business
    • First chocolate plant opened in Hershey, Pennsylvania in 1903
    • Introduced Hershey's Kiss in 1907, followed by other products like Mr. Goodbar
    Major Acquisitions and Expansion
    • Merged with H.B. Reese Candy Company in 1963
    • Acquired multiple companies including Krave Jerky, Amplify Snack Brands, and Dot's
    • Currently operates in 60 countries with three major distribution centers
    • Entered plant-based chocolate market in 2023
    Social Responsibility
    • Founded Milton Hershey School in 1909 for orphaned boys
    • Committed to eliminating child labor in cocoa supply chain
    • Partners with organizations like Children's Miracle Network and United Way
    • Faces lawsuits over lead and cadmium in products
    Controversies
    • Faced labor unrest in 1930s, organized by AFL in 1940
    • Attempted sale to Mondelēz in 2016, rejected due to trust concerns
    • Faced criticism for cocoa sourcing practices
    • Product taste differs internationally due to controlled lipolysis process

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