Hershey Food Corporation Dissertation

Hershey Foods Company

" Hershey Food Corporation”

Background:

Milton Hershey's love pertaining to candy making began which has a childhood apprenticeship under candies maker May well Royer of Lancaster, Pennsylvania. Mr. Hershey was eager to own a candy-making business. By 1901, the chocolate Industry in America was growing speedily. Hershey's product sales reached $662, 000 that year, creating the need for a brand new factory. Mr. Hershey relocated his company to Derry Church, Pa, a city that was renamed Hershey in 1906. The new Hershey factory supplied a means of mass-producing just one chocolate product. In 1909 the Milton Hershey School for Orphans was founded. Mr. and Mrs. Hershey cannot have kids, so for years the Hershey chocolate Firm operated largely to provide funds for the orphanage. In the 1990s, Hershey acquired Ronzoni Foods Firm from Energi General Foods Corporation intended for $80 million. The order include the dried out pasta, dinero sauces, and cheese business of Ronzoni Foods, which usually strengthened Hershey's position as being a branded pasta supplier in america. The latest Mission Statement of Hershey Foods is:

" To be a concentrated food company in America and selected International marketplaces and an innovator in every element of our business. ” Hershey spent almost all of 1994 and 1995 reorganizing and today is definitely comprised of 4 Divisions: (1) Hershey candy North America, (2) Hershey Grocery, (3) Hershey International, and (4) Hershey Pasta Group. Case SWOT Analysis

Strong points:

* Hershey Food has grown by a one-product, one grow operation into a $4 billion dollars company numerous U. T. and international plants rendering an array of top quality chocolate and confectionery products. * Hershey entered mil novecentos e noventa e seis as the greatest candy maker in the United States with 30. several percent market share. * Hershey is the major pasta company in the United States with 28. 4 percent business. * Hershey Foods Company is devoted to the principles of the founder Milton S. Hershey—the highest standard...