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Tootsie Roll Industries
Product Brands


Andes Candies

Charleston Chew

Charms

Charms Blopops

Black Crows

Mason Dots

Dubble Bubble, Original 1928

Dubble Bubble Gumballs

Fluffy Stuff Cotton Candy

Junior Mints

Nik-L-Nips

Razzles

Sugar Babies

Sugar Daddy

Tootsie Pops

Tootsie Rolls

Wack-O-Wax, Wax Lips


Tootsie Roll Industries'
Product Line Card


 Listed as "TR"
on the
New York Stock Exchange

Tootsie Roll Stock Chart - 1 Day

Financial Reports


Factoid:  The married team of 85-year-old chairman and CEO Melvin Gordon and 73-year-old president and COO Ellen Gordon control almost 80% of the company's voting power.3


In the News


Concord Purchased by Tootsie Roll Industries
8-11-04


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Tootsie Roll Industries, Inc.
A Historical Timeline


1896
Austrian immigrant Leo Hirshfield brings to the U.S. his recipe for a chocolaty, chewy candy, which he begins producing in a small store in New York City.

Hirshfield names the candy after his five-year-old daughter, whose nickname is "Tootsie."


1905
Tootsie Rolls are now produced in a four-story candy factory in New York City.


1917
The name of the company is changed to Sweets Company of America.  Sweets Company of America begins to advertise nationally.


1922
Sweets Company of America is registered with the New York Stock Exchange.


1931
The Tootsie Pop, consisting of hard candy on the outside and chocolaty, chewy Tootsie Roll on the inside, is invented.


1938
As the country emerged from the Depression, sales continued to grow. The company moves from its 35,000 square-foot space in New York City to a 120,000 square-foot plant in Hoboken, New Jersey. The installation of conveyor belt systems marks the appearance of mass production techniques.


1941
A 50,000 square-foot addition is built onto the factory.


1942
The candy is included in World War II rations and becomes highly valued by the armed forces for its ability to withstand severe weather conditions and give troops "quick energy."


1945
With raw materials released in greater quantities, production increases and quickly surpasses pre-war levels.


1948
William B. Rubin becomes President of the Sweets Company of America.


1950
In the early years of television, the company sponsors popular children's shows including Howdy Doody, Rin Tin Tin and Rocky & Bullwinkle.


1962
Melvin J. Gordon becomes Chairman of the company.


1966
The company's name is changed to Tootsie Roll Industries, Inc.

Tootsie Roll opens a Midwest facility in the Ford City Industrial Park on Chicago's southwest side.


1968
Tootsie Roll expands operations to include the Philippines and other areas of the Far East.


1969
Tootsie Roll expands operations into Mexico.


1970
Tootsie Roll expands operations to include Canada.


1972
In June, the company acquires the Mason Division of Candy Corporation of America. The acquisition adds two famous candy names -- Mason Dots and Crows -- to the Tootsie Roll family.


1978
Ellen Gordon is named President of Tootsie Roll Industries, Inc. At this time, she is the second woman to be elected president of a company listed on the New York Stock Exchange.


1985
Tootsie Roll acquires Cellas' Confections, Inc., a chocolate covered cherry manufacturer operating in New York City, since 1864.


1988
Tootsie Roll acquires the Charms Company. Combined production of the Tootsie Pop, Blow Pops, and Charms line of lollipops makes Tootsie Roll Industries, Inc. the world's largest lollipop producer.


1993
The company acquires the caramel and chocolate brands of Warner-Lambert Company, which includes Junior Mints, Sugar Daddy, Sugar Babies and Charleston Chew.


1996
Tootsie Roll celebrates its 100th anniversary.


1999
Junior Mints celebrates its 50th anniversary.


2000
Tootsie Roll acquires O'TEC Industries and begins to manufacture Fluffy Stuff Cotton Candy.

Tootsie Roll acquires Andes Candies. The Andes brand includes the Andes Créme de Menthe Thins, Cherry Jubilee Thins and Toffee Crunch Thins as well as a line of Mint Patties.


2002
Tootsie Roll celebrates is 100th anniversary of being listed on the New York Stock Exchange.


2003
Company production reaches more than 60 million Tootsie Rolls and 20 million Tootsie Pops each day.


2004
In August 2004, Tootsie Roll Industries acquires Concord Confections of Toronto, Canada, a market leader in the bubble gum category, known for exceptional quality. Concord Confections' products are sold primarily under the Dubble Bubble brand that was introduced in 1928 and are known throughout the world. Other Concord products include Razzles, Cry Baby and Nik-L-Nip.


Sources:

  1. http://www.tootsie.com/history.html

  2. Company Information Tootsie Roll Industries, Inc.

  3. Hoover's Fact Sheet


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