What was the failure of the Hershey candy company?

What was the failure of the Hershey candy company?

Hershey then embarked on a series of failed ventures. He was dismissed from an apprenticeship as a printer, declared bankruptcy after opening his first candy company, and traveled across the country in a failed attempt to get in on a silver mine. He tried another candy business in New York City, and the doors closed on that one, too.

Why did Hershey want to build a milk factory?

The plots of land Hershey chose were close to the Berks and Dauphin Turnpike, as well as the Reading and Philadelphia Railroads. There was a massive labor pool of rural families who were ready to work, and it was also close to one of his factory’s main ingredients: fresh milk.

How did John Hershey keep his company going?

A bank cashier came to the rescue by co-signing the loan himself, giving Hershey the cash he needed for a batch of raw ingredients that would keep the company going. It started to grow, and by 1892 he was buying competitor’s facilities.

What did Hershey do with the caramel machine?

Official Hershey history says that changed with Hershey’s purchase. He had the machines shipped back to his caramel plant with the intention of making chocolate-covered caramels, but the chocolate was such a hit that his business became all about the milk chocolate.

Hershey then embarked on a series of failed ventures. He was dismissed from an apprenticeship as a printer, declared bankruptcy after opening his first candy company, and traveled across the country in a failed attempt to get in on a silver mine. He tried another candy business in New York City, and the doors closed on that one, too.

Official Hershey history says that changed with Hershey’s purchase. He had the machines shipped back to his caramel plant with the intention of making chocolate-covered caramels, but the chocolate was such a hit that his business became all about the milk chocolate.

A bank cashier came to the rescue by co-signing the loan himself, giving Hershey the cash he needed for a batch of raw ingredients that would keep the company going. It started to grow, and by 1892 he was buying competitor’s facilities.

Is there a Hershey world in Hershey PA?

HERSHEY’S CHOCOLATE WORLD location in Hershey, Pa. now open for shopping & take-out treats