The Move to Derry Township In 1903, Milton Hershey made a decision that would define the company's future: he purchased a 486-acre plot of land in Derry Township, Pennsylvania. The turning point came when he returned to Lancaster, Pennsylvania, and mastered the art of caramel making, establishing the Lancaster Caramel Company.
Hershey Company History Timeline Milestones
The company further solidified its reputation by refusing to cut employee wages, a move that fostered fierce loyalty and stability when other manufacturers were struggling. This aggressive focus on a single, iconic product provided the momentum needed to propel the small company into a major player in the rapidly growing candy industry.
Weathering Storms and Securing a Legacy No corporate journey is without significant challenges, and Hershey was no exception. From a single storefront in downtown Hershey, Pennsylvania, to a global icon synonymous with chocolate, the Hershey Company’s journey is a testament to vision, perseverance, and mass-market innovation.
Hershey Company History Timeline Milestones
It was then that the Hershey Chocolate Company was founded as a subsidiary of the Lancaster Caramel Company, purely to experiment with milk chocolate production. Hershey was already a serial entrepreneur in the confectionery business.
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