Hershey boosts wholesale prices.(Pricing)(Brief Article)

Food Institute Report, The, December, 2004

Hershey Foods Corporation will increase the wholesale prices of approximately half of its domestic confectionary line. A weighted average 5.8% increase on the company' standard bar, king-size bar, six-pack and vending lines is effective immediately. A weighted average 4.1% increase on packaged chocolates will be effective Feb. 14, 2005.

The changes approximate a 3% price increase over Hershey's entire domestic product line and will help offset increases in areas of the company's input costs, including raw and packaging materials, fuel, utilities, transportation and employee benefits. (For more Hershey news, see page 3.)