Tootsie Roll Industries, Inc. · Chicago, IL United States ·(NYSE: TR)
Company Description
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This link will open in a new window 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 Type | Public - NYSE: TR Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $496.0 |
| 2008 Employees | 2,200 |
Tootsie Roll Industries, Inc. Executives
12 executives listed for Tootsie Roll Industries, Inc.'s Chicago, IL location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Melvin Gordon | Network |
| President, COO, and Director | Ellen Gordon | Network |
| VP Finance | G. Howard Ember | Network |
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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