date:Jun 27, 2012
Hershey made the announcement in a webcast today where it said it would focus on five core brands: Hersheys, Reeses, Hersheys Kisses, Jolly Rancher and Ice Breakers.
It said that its future growth would come in its home markets and selected International markets, namely China, Mexico and Brazil.
Details of the new site in Asia, including the location, have yet to be confirmed.
The company highlighted potential in China in its webcast.
China growth engine
Since 2007, Hersheys business in Chi