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December 2, 2008 9:39:08 PM CST


Hershey

Hershey news stories

6 Stories

Food Makers Tweak Recipes to Cut Costs

Hershey, others quietly substitute cheaper ingredients, fillers

(Newser) - Food manufacturers are adjusting their recipes to cut costs as ingredient prices climb, the Wall Street Journal reports. Hershey is replacing some of its cocoa butter with vegetable oil, while General Mills is dumping pecans for walnuts in one cookie. McCormick, McDonald's, and other companies are making similar moves. But prices are staying the same—or rising—for consumers. More »

More about:  economy food food prices McDonald's recipes Hershey General Mills

EU Probes Chocolate Price Fixing

Hershey, Mars, others suspected of conspiracy

(Newser) - The European Commission suspects candy giant Hershey of conspiring with other chocolate and candy manufacturers in an industry-wide price-fixing scheme, AP reports. Both Hershey and rival Mars recently received requests for information from the commission after some 50 civil lawsuits in the US have alleged price fixing. The two companies say they are cooperating. More »

More about:  Germany Canada Mars conspiracy European Commission chocolate price fixing candy Hershey Nestle Cadbury Schweppes Kraft

Chocolate Makers Face Sticky Probe

US and Canada
investigate possible price-fixing

(Newser) - Following a similar investigation in Canada last month, the Justice Department has launched a probe into possible price-fixing in the US chocolate industry. The suspects form a rich, creamy lineup: M&M maker Mars acknowledged it has been contacted by the DOJ, the Wall Street Journal reports. Nestle, too, says it is aware of the investigation but has not yet been contacted. Other makers declined comment.   More »

More about:  Department of Justice antitrust chocolate price fixing Hershey Cadbury Schweppes Nestle

10 Sweet Spots to Visit

Willy Wonka may be a fictional persona, but these ten real-life fun-food factories will bring out the kid in anyone.

(Newser) - Travel & Leisure takes you on a tour of a fun-food factories, where delights range from twisting your own pretzel to sampling donuts hot off the line.  Some factory tours can even be experienced from home. Twinkie: Twinkies.com Tootsie Pop:  Tootsie.com Ben and Jerry's:  Waterbury, Vt. More »

More about:  list travel vacation Coca Cola junk food tour candy Hershey trips Ben and Jerry's

Dark Chocolate Gets Sweeter Every Day

Milk chocolate's healthier sibling grows more popular than ever

(Newser) - Overall chocolate sales are down, but Americans are increasingly indulging their sweet tooth with dark chocolate. The bitter, coffee-flavored treat is on the rise: Last year, dark chocolate sales surged 15% while sales of more popular milk chocolate dipped 5.5%. And boosted by claims of health benefits, dark chocolate accounted for 63% of all new chocolate products in 2006. More »

More about:  FDA Mars chocolate antioxidants Hershey flavonoids Nestle

Globalization Has a Hard Chocolate Shell

Hershey to shutter Calif. operation, cut thousands of jobs

(Newser) - In a "global supply-chain transformation," Hershey will slash its domestic workforce and build a plant in Mexico. The chocolate giant projects savings of tens of millions of dollars a year, but the numbers don't mean much in Oakdale, Calif., where 575 employees will be our of their jobs by year's end. The LA Times pays a visit. More »

More about:  Mexico globalization labor employment outsourcing Hershey

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