Advertising: Hershey Sees a Need

The chocolate company that Milton S. Hershey founded 61 years ago is the only major U.S. corporation that does not advertise. It got into the business on the ground floor, rode up through the years, prospered so well that its sales in 1963 reached $203 million. At no time have Hershey executives claimed to be dogmatic about advertising. "We've never been against it," says one. "We've always said it was a tool we would use when the need arose." Last week the need seemed to have arisen.

Cranking up a $7,000,000 plant in Smiths Falls, Ont., to serve the Canadian market,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!