Hershey plans new Asia manufacturing facility as it sets vision for international expansion
date:Jun 27, 2012
na has grown faster than any other market with an 88% compound annual growth rate (CAGR).

The company plans to open an RD centre in Shanghai to develop China and Asia-Pacific products as announced last year

In its webcast, Hershey highlighted seasonal sales potential in China, particularly through Chinese New Year.

The company plans to launch its Hershey brand in China as well as Ice Breakers and Jolly Rancher.

Since 2008, Hershey has held a joint venture with Korean confectioner Lotte to ma
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