Hershey Company is a leading chocolate manufacturer.
Milton Hershey founded the company in 1894 in Pennsylvania, United States, as Lancaster Caramel Corp. Hershey Chocolate Company operated as its subsidiary.
The American company manufactures various food products under the following product line:
• gum and mint refreshment
• chocolate & sugar confectionery
• pantry items like toppings
• baking ingredients
The chocolate manufacturing firm went public in 1927. Its stocks trade on the New York Stock Exchange under ‘HSY’ ticker symbol.
The chocolate manufacturer claims to produce various products using core ingredients like farm-fresh milk, sugar and nuts. It says that these ingredients account for 80 per cent of the total ingredient volume.
The US-based firm claims that all the ingredients undergo a rigorous check right from sourcing to production. In addition, it claims to be the among the largest chocolate makers that uses fresh milk.
The American chocolate manufacturer procures cocoa through its trading office located in Luzern, Switzerland, and claims to use only 100 per cent certified cocoa for its chocolate product line.
The firm is reportedly among some of the leading almond buyers in North America. However, the company claims another ingredient peanut is procured from the US peanut belt, ranging from Virginia to Georgia and further until Texas.
The food products company claims to use cane sugar for various products as it sweetens and improves color, texture, and regulates acidity.
It provides various eatables under the following brands:
• 5th Avenue
• Almond boy
• breath Savers
• Good 7 Plenty
• Ice Breakers
• Jolly rancher
In 2019, the American company was included in the DJSWI, a global sustainability by S&P. The index lists some of the leading firms adopting and practicing sustainable principles. In addition, of the total 2500 firms in S&P Global BMI, top 250 firms are considered for the sustainability index.
19 East Chocolate Avenue, Hershey, PA 17033