Tootsie Roll Industries

Source: Wikipedia, the free encyclopedia.
Tootsie Roll Industries, Inc.
ProductsCandy
RevenueIncrease US$570,776,000 (2021)[2]
Increase US$67,133,000 (2021)[2]
Number of employees
2,000
Websitewww.tootsie.com

Tootsie Roll Industries is an American manufacturer of

Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.[citation needed
]

History

In 1896, Leo Hirschfeld, an Austrian Jewish immigrant to the United States, began work at a small candy shop located in New York City owned by the Stern & Saalberg firm.[3] In 1907, Hirschfeld decided he wanted a chocolate-tasting candy that would not melt in the heat, and that would be an economical artificial alternative to traditional chocolates.[citation needed] He named the candy after the nickname of his daughter, Clara "Tootsie" Hirschfeld.[4][3] By this point, the company had expanded to a five-story factory. In 1917, the name of the company was changed to The Sweets Company of America. It was reformed and listed on the American Stock Exchange in 1919.[5]

The business forced Hirschfeld out about a year later, and he started a new company, Mells Candy Corporation, also known as The Merry Mells Company.[6] Owing to health and family issues, he committed suicide in 1922.[7] Mells failed in 1924.[8]

In 1931, the

Depression era because of its low price. During World War II, Tootsie Rolls became a standard part of American soldiers' field rations, due to the sustainability of the candy under a variety of environmental conditions.[3]

In 1935, the company was in serious difficulty. Its principal supplier of paper boxes, Joseph Rubin & Sons of

Hoboken, New Jersey
, and guiding the company successfully through the difficult war years when vital raw materials were in short supply. When he died in 1948, he had increased the sales volume twelvefold. After his death, his brother William B. Rubin became president and remained president until 1962.

In 1962, William's daughter, Ellen Rubin Gordon, took control, and as of January 2015, is Chairman and CEO of the company.[9] For many years prior to his death, her husband, Melvin Gordon, was Chairman and CEO from 1962 to 2015.[1]

In 1966, the company adopted its current name of "Tootsie Roll Industries, Inc."[10][11][12]

The company has acquired several famous brands of confections such as The Candy Corporation of America's Mason Division (1972),

Warner-Lambert's candy division (1993; excluding gum and mints), Andes Candies
(2000), and Concord Confections (2004).

Facilities

The company's headquarters is located on the South Side of Chicago, in a portion of the former Dodge Chicago Plant where the majority of the company's candy is produced. The company also has a factory in Mexico City where it produces some flavors of Tootsie Pops and other candy products for the Mexican market as well as for export to the U.S. and Canada.[citation needed] There is also a candy factory in The Port neighborhood of Cambridge, Massachusetts (belonging to the subsidiary "Cambridge Brands", formerly home to its predecessor, the James O. Welch Company),[13] and a factory in Spain that produces candy for export to Canada.[14]

Brands and products

A large Tootsie Roll log
Dots gumdrops

Tootsie Roll brands and products include:

References

  1. ^ a b Alison Griswold (January 21, 2015). "Tootsie Roll CEO dies at 95: We may never know how many licks". Slate Magazine.
  2. ^
    Yahoo Finance
    . Retrieved October 7, 2022.
  3. ^
    ISBN 0-313-33527-3. Entry "Tootsie Roll"
    , p 271.
  4. ^ "Tootsie Roll Factory!". Archived from the original on December 21, 2021 – via www.youtube.com.
  5. Newspapers.com
    .
  6. ^ The Soda Fountain. D. O. Haynes. 1922. pp. 89, 91.
  7. Newspapers.com
    .
  8. ^ January 4, 1 longwhitekid |; Pm, 2014 at 6:37 (January 4, 2014). "Tootsie Roll Tragedy: The Real Leo Hirschfeld Story". Candy Professor. Archived from the original on March 19, 2016. Retrieved June 3, 2020.{{cite web}}: CS1 maint: numeric names: authors list (link)
  9. ^ Kesling, Ben (August 22, 2012). "Tootsie's Secret Empire". The Wall Street Journal. pp. B1–B2.
  10. ^ Schlesinger, Hank (February 2, 2015). "Melvin Gordon Is Dead At 95; Led Tootsie Roll Industries". Vending Times. Archived from the original on December 20, 2016. Retrieved February 20, 2015.
  11. ^ Watt, Abigail (January 22, 2015). "CEO and Chairman of Tootsie Roll Melvin Gordon dies at 95". Candy Industry. Retrieved February 20, 2015.
  12. New York Times
    . Retrieved February 20, 2015.
  13. ^ "Tootsie Roll Candies - Cambridge Brands, Cambridge, MA - Iconic Factories on Waymarking.com". www.waymarking.com.
  14. ^ "Photo". steemitimages.com. Retrieved April 21, 2021.

External links

  • Tootsie Roll Industries web site
  • Business data for Tootsie Roll Industries, Inc.:
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