caramel company sold

brrchtree5 Member Photo

Clipped by brrchtree5

caramel company sold - A BIG PRICE WAS PAID. Lancaster Caramel Company...
A BIG PRICE WAS PAID. Lancaster Caramel Company Sold for a Million Dollars. Friday between 10 and 11 o'clock the Lancaster caramel Company passed passed from rhe liands of M. S. Hershey to the American caramel compnuy. The transfer was made at Providence, R. I., in the offices of the Industrial trust [•ompauy. Tlie American company has plants a't PhHadelpWa and York. They j>aid Mr. Hershey one million dollars Tor tlie plant, which includes all the real estate fronting on Church street :md Howard avenue, Lancaster, occu- >ied bv both the caramel and chocolate companies., and all the machinery, stock, fixtures and good will of the .-nnimel company. Hershey TrirTronduct the~«hocolute business as heretofore and'has leased the buildings now occupied by the Flershey chocolate company^ He will increase fhe capacity and put on an additional force. He now 1ms over .$200.000 invested in that business. W. IT. Lebkicher. who Itas been the treasurer treasurer of the caramel works, will now have charge o fthe office of the chocolate chocolate works. All the otlier employees at the caramel works will be retained.

Clipped from
  1. Lebanon Daily News,
  2. 11 Aug 1900, Sat,
  3. Page 1

brrchtree5 Member Photo

Want to comment on this Clipping? Sign up for a free account, or sign in