Press release from Business Wire
Hershey's Stuarts Draft Manufacturing Facility Celebrates 30th Year Producing Hershey Favorites in Central Virginia
Friday, October 05, 2012
Hershey's Stuarts Draft Manufacturing Facility Celebrates 30th Year Producing Hershey Favorites in Central Virginia12:49 EDT Friday, October 05, 2012
HERSHEY, Pa. (Business Wire) -- The Hershey Company (NYSE: HSY) today celebrated the 30th
anniversary of its Stuarts Draft manufacturing facility in central
Virginia. In honor of the milestone, Hershey hosted an event for local
community members and dignitaries, including U.S. Congressman Robert
Goodlatte and Virginia Senator Emmett Hanger.
The Stuarts Draft plant—the original home of Reese's® Pieces®
candies—today produces 15 beloved brands, including Almond Joy® and
Mounds® chocolates, Whatchamacallit® chocolate bars, Reese's®
Peanut Butter Cups and flavor-filled Hershey's® Kisses®
chocolates.
Thirty years after production began with 150 employees, the plant's
presence in Stuarts Draft has grown significantly. In 1997, Hershey
invested $57 million into the plant, upgrading its machinery and adding
five manufacturing lines. An additional $7 million was invested into the
plant in 2009. The Stuarts Draft plant now employs nearly 900 local
Virginians and contributes approximately $100 million to the local
economy annually.
“Our employees here at Stuarts Draft are proud to make some of the
world's favorite candy,” said Michael Jackson, Stuarts Draft Plant
Manager. “Hershey has invested in the Stuarts Draft plant and the local
Virginia economy throughout the plant's 30 years, and we look forward to
making chocolate here for many years to come.”
Hershey continues to invest in its manufacturing, logistics processes
and global supply chain, most recently through Project Next Century, a
$300 million capital project—one of the largest in Hershey's history—to
modernize and upgrade Hershey's global supply chain. The largest
component of the project was the expansion of the company's West Hershey
manufacturing facility in Hershey, Pa. The expanded plant, unveiled this
September, is the world's most technologically advanced chocolate making
facility thanks to state-of-the-art technology never before used in
confectionery manufacturing.
About The Hershey Company
The Hershey Company (NYSE: HSY) is the largest producer of quality
chocolate in North America and a global leader in chocolate and sugar
confectionery. Headquartered in Hershey, Pa., The Hershey Company has
operations throughout the world and approximately 14,000 employees. With
revenues of more than $6 billion, Hershey offers confectionery products
under more than 80 brand names, including such iconic brands as Hershey's,
Reese's, Hershey'sKisses, Hershey'sBliss,
Hershey's Special Dark, Kit Kat, Twizzlers, Jolly
Rancher and Ice Breakers.
Hershey also offers premium and artisan chocolate products under such
brands as Scharffen Berger and Dagoba through the Artisan
Confections Company, a wholly owned subsidiary. The company is focused
on growing its presence in key international markets such as China and
Mexico while continuing to build its competitive advantage in the United
States and Canada.
For more than 100 years, The Hershey Company has been a leader in making
a positive difference in the communities where its employees live, work
and do business.
Corporate Social Responsibility is an integral part of the company's
global business strategy, which includes goals and priorities focused on
fair and ethical business dealings, environmental stewardship, fostering
a desirable workplace for employees, and positively impacting society
and local communities.
Milton Hershey School, established in 1909 by the company's founder and
administered by Hershey Trust Company, provides a quality education,
housing, and medical care at no cost to children in social and financial
need. Students of Milton Hershey School are direct beneficiaries of The
Hershey Company's success.
The Hershey CompanyMedia Contact:Jeff
Beckman, 717-534-8090jbeckman@hersheys.com
