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Hershey Co. building $250 million factory in Malaysia

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Hershey's Kisses
Hershey's Kisses - (Photo / )

The Hershey Co. said it's building a $250 million manufacturing facility in Johor, Malaysia, to meet the demands for its candies and chocolates in Asian markets.

The Dauphin County-based chocolate giant said the factory represents the single-largest investment in the region for the 18 years Hershey has been there. The factory will include state-of-the-art automated candy-making technology and high-speed wrapping lines.

"Our new Malaysia plant will feature the latest confectionery manufacturing technology and will complement production at our existing joint-venture plant in China. Adding this new manufacturing capacity will put us in a strong position to meet the growing demand for our products across the region," Terence O'Day, Hershey's senior vice president and chief supply chain officer, said in a statement.

Hershey plans to complete the 700,000-square-foot factory in 2015, making it one of the largest in its global production network, according to the company.

The new facility is part of Hershey's global strategy to hit $10 billion in annual revenue by 2017. The company has said Asian markets are crucial to that goal, particularly when sales in China are growing at 20 percent in some cases.

Derry Township-based Hershey trades its shares on the New York Stock Exchange under the ticker symbol HSY.

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