Shippensburg University Geography/Earth Science Department Memorandum
To: Dr. Kurt Fuellhart, Professor – Economic Geography
Subject: AHHHHHH – Chocolate! An Overview of Hershey Foods Corporation
Corporate Website Address: www.Hersheys.com
Stock Exchange Listing: New York Stock Exchange: HSY
Number of employees: Approximately 14,500
Hershey Foods Corporation and its subsidiaries are engaged in the manufacture and sale of consumer food products. Located in Hershey, Pennsylvania, the Corporation produces and distributes a broad line of confectionery and grocery products. Hershey is considered the U.S. market leader in confectionery.
The Corporation's principal product groups include: Confectionery products in the form of bar goods, bagged items and boxed items; grocery products in the form of baking ingredients, chocolate drink mixes, peanut butter, dessert toppings and beverages. The Corporation believes it is a major factor in these product groups in the United States, Canada, and Mexico and markets to over 90 countries worldwide. Operating profit margins vary considerably among individual products and brands with confectionery products its leading margin.
As the leading North American manufacturer of quality chocolate, non-chocolate confectionery and chocolate-related grocery products, Hershey's principle brands include:
· Hershey's milk chocolate and chocolate with almonds candy bars,
· Hershey's Cookies 'n' Crème candy bar,
· Hershey's Nuggets, Kisses and Hugs chocolates,
· Almond Joy and Mounds candy bars,
· Reese's peanut butter cups, NutRageous candy bar, Kit Kat wafer bar, Milk Duds an Whoppers candy, Payday peanut caramel bar, York peppermint patties, and Reese's crunch cookie cups.
· Sweet Escapes candy bars and Taste Tations candy
· Hershey's baking chocolate and pieces, ...