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Facts About The Hershey Company's Regional Growth And Operations In Malaysia

Stocks in this article: HSY

Local Employment Opportunities

Hershey’s presence in Malaysia will bring new job opportunities. The company plans to hire locally to staff hundreds of plant positions as well as management roles. “With accelerating growth and a commitment to continuous innovation, it is an exciting time to join Hershey and contribute to the success of an iconic American company in Asia,” added Smit.

In addition to its five global brands, Hershey has more than 80 total confectionery brands sold in approximately 70 countries around the world and is ranked by Fortune magazine as among the 500 largest U.S. companies. Hershey has been the leader in chocolate confection in North America for more than 100 years. Now the company’s famous brands and products are becoming favorites across Asia.

A Commitment to CSR and Supporting Communities

Hershey’s move into Malaysia will also mean the company will extend its social responsibility efforts and begin to work with local nonprofits and community organizations. The Hershey Company has a long-standing commitment to “doing well by going good” in the community with a special emphasis on programs that support women and children in need. As the company has grown globally, so has the global scope of its CSR programs and support. Hershey employees in China, Philippines and India currently support important local causes including educational programs for children and disaster relief efforts.

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 $6.6 billion USD, Hershey offers confectionery products under more than 80 brand names, including such iconic brands as Hershey's, Reese's, Hershey's Kisses, Hershey's Special Dark, Twizzlers, Jolly Rancher and Ice Breakers. The company is focused on growing its presence in key international markets such as China, Mexico and Brazil 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 funded by a trust 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.

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