Celebrating U.S. Manufacturing at North America’s Largest Chocolate-making Factory
10 December 2018
The Hershey Company and Walmart support American Jobs Initiative
HERSHEY, Pa., Oct. 24, 2018 (GLOBE NEWSWIRE) -- Senior executives from Walmart and The Hershey Company (NYSE:HSY) came together to celebrate a shared commitment to increase U.S. manufacturing jobs. The event comes in the week leading up to the busiest day at U.S. retail for candy sales.
During the previous year, Hershey invested more than $150 million in U.S. supply chain advancements that resulted in 350 new jobs across Hershey manufacturing and its suppliers. This type of expansion is possible because of strong retail partnerships. Walmart’s $250 billion commitment to buy products supporting American jobs by 2023 is a significant contributor, enabling U.S. manufacturers to accelerate growth.
The U.S. supply chain employs 44 million people, representing 37 percent of all jobs. These jobs account for much of the innovative activity in the economy1. As part of Hershey’s growth ambition, it is focused on expanding its manufacturing capabilities and capacity through its U.S. supply chain.
“Our investment in U.S. supply chain capabilities impacts a broad range of consumer experiences from packaging and merchandising to e-commerce assortments,” said Michele Buck, President and CEO, The Hershey Company. “These advancements enable business growth that helps to maintain and create jobs across the entire value chain – from manufacturing to fulfillment centers to the retail floor.”
“U.S. manufacturing matters to Walmart just as it does to our customers and our communities. Today, about two-thirds of what we buy and sell is sourced, grown or made here in America, but we want to do more,” said Steve Bratspies, Walmart Chief Merchandising Officer. “Five years ago, we made a commitment to source an additional $250 billion in goods that support American jobs, and we’re on track to meet that target. When we invest in these products, we invest in America. We give customers what they want, and we fuel economic growth by helping provide jobs to hard-working Americans. Our partnership with Hershey is a great example of what’s possible when we work together."
Walmart and Hershey leaders were joined by government stakeholders to celebrate the manufacturing investments and tour Hershey’s West Hershey factory in Hershey, Pa. The plant is the largest and most technologically advanced chocolate-making factory in North America, employing over 1,100 skilled workers and producing many of Hershey’s beloved brands like Hershey’s Kisses, Hershey’s Milk Chocolate, Hershey’s Cookies n Crème and Hershey’s Syrup.
1 Harvard Business Review. (2017, October). The Supply Chain Economy: A New Framework for Understanding Innovation and Services. Retrieved https://hbr.org/2018/03/the-supply-chain-economy-and-the-future-of-good-jobs-in-america
About The Hershey Company
The Hershey Company, headquartered in Hershey, Pa., is an industry-leading snacks company known for bringing goodness to the world through its iconic brands, remarkable people and enduring commitment to help children succeed. Hershey has approximately 17,000 employees around the world who work every day to deliver delicious, quality products. The company has more than 80 brands around the world that drive more than $7.5 billion in annual revenues, including such iconic brand names as Hershey’s, Reese’s, Kit Kat, Jolly Rancher, Ice Breakers and SkinnyPop.
For more than 120 years, Hershey has been committed to operating fairly, ethically and sustainably. Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on helping children succeed. To learn more visit www.thehersheycompany.com