Tootsie Roll Industries

From WikiMD's Food, Medicine & Wellness Encyclopedia

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Tootsie Roll Industries is an American manufacturer of confectionery products. The company is best known for producing the Tootsie Roll, a chocolate-flavored taffy-like candy that has been a popular treat since its introduction in 1896. The company is headquartered in Chicago, Illinois.

History[edit | edit source]

Tootsie Roll Industries was founded by Leo Hirshfield, an Austrian immigrant, in 1896. Hirshfield named the candy after his daughter, Clara, whose nickname was "Tootsie." The company initially operated out of a small shop in New York City, but as the popularity of the Tootsie Roll grew, the company expanded its operations.

In 1931, the company introduced the Tootsie Pop, a hard candy lollipop with a Tootsie Roll center. This product became another iconic item in the company's lineup. Over the years, Tootsie Roll Industries has acquired several other confectionery companies, including Charms Company, Cella's Confections, and Andes Candies.

Products[edit | edit source]

Tootsie Roll Industries produces a wide range of confectionery products, including:

Manufacturing[edit | edit source]

The company's main manufacturing facility is located in Chicago, Illinois, where it produces millions of Tootsie Rolls and other candies each day. The company also operates additional manufacturing plants in Tennessee, Massachusetts, and Mexico.

Marketing[edit | edit source]

Tootsie Roll Industries has employed various marketing strategies over the years, including memorable advertising campaigns. One of the most famous campaigns is the "How many licks does it take to get to the center of a Tootsie Pop?" commercial, which first aired in the 1970s and remains popular today.

Corporate Structure[edit | edit source]

Tootsie Roll Industries is a publicly traded company listed on the New York Stock Exchange under the ticker symbol "TR." The company is known for its conservative financial management and has a long history of paying dividends to its shareholders.

See Also[edit | edit source]

References[edit | edit source]

External Links[edit | edit source]

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Contributors: Prab R. Tumpati, MD