Market Overview

Hershey Announces Manufacturing Plant in Malaysia

The Hershey Company (NYSE: HSY) today announced it will build a new
confectionery manufacturing plant in Johor, Malaysia, to meet the
growing consumer demand for its products in its fastest-growing region.

“Consumers across Asia are discovering a range of Hershey confectionery
products, and China in particular is growing faster than any other
market,” said Terence O'Day, Senior Vice President and Chief Supply
Chain Officer, The Hershey Company. “Our new Malaysia plant will feature
the latest confectionery manufacturing technology and will complement
production at our existing joint-venture plant in China. Adding this new
manufacturing capacity will put us in a strong position to meet the
growing demand for our products across the region.”

See full press release

Posted-In: News Guidance Contracts Management Global

 

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