MILTON HERSHEY

BORN

• Sep 13, 1857
• Derry Township, PA

DIED

• Oct 13, 1945
• Hershey, Pa

HOW/WHY HE STARTED HIS BUSINESS

• Quit apprenticeship at local print shop
• Apprentice for Lancaster confectioner
• Moved to Philadelphia to start business, sold it and started Hershey

WHAT BUSINESS DID HE START?

• Started Lancaster Caramel Company in 1886
• Completed construction for Hershey factory in 1905

HOW DID HIS BUSINESS GROW?

• Grew to the size of a factory
• $334M in 1969-$4.4B in 2004

HOW HAS IT BENEFITED CONSUMERS?

• Provides goods for a reasonable price
• Makes customers happy
• Funds given to Hershey industrial school

HOW HAS THE INDUSTRY BEEN CHANGED BY IT?

• Influenced other chocolate companies
• Mars Inc. (Mars Bar)
• Reese's peanut butter cups

OTHER BUSINESSES THAT GREW FROM IT

• Rolo
• Kit-kat
• Reese's

QUANTITY/QUALITY/PRICE OVER TIME

• Over $50M
• Use cocoa powder instead
• 1st bar was 10 cents, now they're 89 cents

INTERESTING FACTS

• Milton Hershey, 4th grade education
• They once made gum
• Not sure where 'kisses' came from

BIBLIOGRAPHY

• Is a Hershey. (2007). Retrieved January 27, 2016, from http://www.chowhound.com/post/hersheys-chocolate-chocolate-393612
• Hershey Community Archives | Hershey's Milk Chocolate: Bar Wrappers over the years. (n.d.). Retrieved January 26, 2016, from http://www.hersheyarchives.org/exhibits/default.aspx?ExhibitId=20

BIBLIOGRAPHY

• Who Was Milton Hershey | His History & Life | The Hershey Story. (n.d.). Retrieved January 27, 2016, from https://hersheystory.org/milton-hershey-history/
• Milton S. Hershey. (n.d.). Retrieved January 26, 2016, from https://en.m.wikipedia.org/wiki/Milton_S._Hershey