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Tootsie Roll Industries, Inc. · Chicago, IL United States ·(NYSE: TR)

Company Description

7401 S. Cicero Ave.
Chicago, IL
60629
United States (Map)
Phone: 773-838-3400
Rankings
  • S&P 400
Neither taffy nor caramel, and certainly not nougat or chocolate, Tootsie Roll Industries has its success wrapped in brown-and-white waxed paper. The company makes and sells candy, including the vaguely chocolate-flavored but ever-popular Tootsie Roll, which has been produced with the same formula and name for more than 100 years. Tootsie Roll Industries also makes such well-known candies as Andes mints, Junior Mints, Mason Dots, and Sugar Daddy. Its Charms and Tootsie Pops brands make it one of the largest lollipop producers in the world. The married team of 89-year-old chairman and CEO Melvin Gordon and 77-year-old president and COO Ellen Gordon control the company's voting power. To read the full description, subscribe now.
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Key Tootsie Roll Industries, Inc. Financials

Company TypePublic - NYSE: TR

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$496.0
2008 Employees2,200

Tootsie Roll Industries, Inc. Executives

12 executives listed for Tootsie Roll Industries, Inc.'s Chicago, IL location.
TitleName & BioContact
Chairman and CEOMelvin GordonNetwork
President, COO, and DirectorEllen GordonNetwork
VP FinanceG. Howard EmberNetwork

Competition

Competitive Landscape for Tootsie Roll Industries, Inc.
Demand is driven largely by demographic shifts, particularly trends in population and age, working women, race and ethnicity, household size, and levels of disposable income. The profitability of individual companies depends on a good product mix and efficient operations. Large distributors are advantaged by bulk purchasing and economies of scale in distribution. Smaller companies can compete effectively by specializing in organic, natural, or kosher products or focusing on a geographical area. Average annual revenue per worker for a typical company is $675,000. To read the full description, subscribe now.
Top Tootsie Roll Industries, Inc. Competitors
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