Lancaster Caramel Company
From Academic Kids
The Lancaster Caramel Company of Lancaster, Pennsylvania was founded by Milton S. Hershey in 1886. It was Hershey's first successful candy company and helped him build a reputation. The Hershey Chocolate Company became a subsidiary of the Lancaster Caramel Company in 1894. He sold the company for $1 million in 1900, but kept the Hershey Chocolate Company because he felt that there was a large market for chocolate confections.
