“Albanese Confectionery in Hobart, Indiana, will get a 10-year tax break on its $33 million expansion, which will include “a fourth production line, packaging line, bulk sugar system and other production plans,” according to the Chicago Tribune. The company, which makes Gummi Bears and other candies, will hire about 150 people as a result of the expansion and expects to have more than 550 employees by 2019.”
Chicago Tribune
1-19-18

“Nestle is selling its U.S. confectionery business to Italian chocolate and candy maker Ferrero for an estimated $2.8 billion, the company said Tuesday. Nestle’s American sweet treats include Nestle Crunch, Butterfinger, Baby Ruth, Raisinets, Nips, Skinny Cow and Laffy Taffy.”
USA Today
1-16-18

“Candy king Hershey is buying Amplify Snack Brands, the maker of SkinnyPop popcorn, for $1.6 billion. The Hershey acquisition values Amplify Snack Brands at $12 a share – a more than 70% bump from the $7 price that the stock closed at on Friday. Shares of Amplify Snack Brands surged nearly 71% Monday morning.”
CNN Money
12-18-17

“John B. Sanfilippo & Son Inc. said it is expanding its product line with the purchase of Squirrel Brand, a company that started in 1888. The Elgin company said it purchased certain assets and assumed certain liabilities of Squirrel Brand for $31.5 million, of which $20 million was paid in cash and $11.5 million was financed by the seller through a three year unsecured promissory note.”
Daily Herald (Chicago)
12-1-17

“Mount Franklin Nutritionals, a manufacturer of gummy nutritional supplements, organic gummies and fruit snacks and a subsidiary of El Paso, Texas-based Mount Franklin Foods, says its new 100,000-sq.-ft. manufacturing facility in Sumter, S.C., is primed to serve the ‘rapidly growing’ $2.7-billion nutraceuticals industry. The facility, which can produce 11 million gummies per day, was built to deliver top-quality nutritionals for private-label and co-manufacturing customers in the United States and internationally, the company says.”
Candy Industry.com
11-29-17

“Nassau Candy has won tax breaks for an expansion project in Hicksville that will add 15 people to its local payroll of 435, officials said. The Hicksville-based manufacturer plans to construct a 7,210-square-foot addition to its headquarters at 300 Duffy Ave. The building is 127,000 square feet.”
Newsday
11-21-17

“A 10-year, $31.5 million Grow New Jersey grant application put forth by Mars Wrigley Confectionary US LLC was approved Tuesday by the state Economic Development Authority.

The chocolate and candy giant has plans to move offices into the Ironside Newark building, a seven-story, mixed-use project owned by Edison Properties and slated to open next year.

Capital investment in the 110,000 square-ft. Newark office space is an estimated $42 million, with offices to be leased for 15 years with one 10-year renewal option.”
Tapinto.net
11-14-17

“Watch out Mars, Hershey, and Mondelez: Ferrero International is taking a bigger bite out of the U.S. candy market. This week, the Italian company behind Ferrero Rocher, Tic Tac mints, and Nutella agreed to buy Ferrara Candy Co., the maker of Lemonheads and RedHots, from private-equity firm L Catterton. According to The Wall Street Journal’s sources, the deal cost about $1.3 billion.”
Fortune
10-20-17

“Virc LLC, a Mexican-owned manufacturer of gummy candy, is building a manufacturing plant in Selma, officials said Thursday. Construction of the plant, which will span about 25,000 square feet and cost about $3 million, is set to wrap up in March. The plant will have 12 to 15 employees, said Mario Hernandez, president of the San Antonio Economic Development Foundation.”
San Antonio Express-News
9-10-17

“Seasonal chocolate sales should increase by 5.37 percent by 2021, according to Research and Markets.”
Candy & Snack Today
7-5-17

“Double-digit growth prompts Sanders Candy to remodel [Mich.] headquarters.”
Confectionery News
6-29-17

“A $70 million investment in Mars Chocolate North America’s U.S. supply chain demonstrates the candy giant’s long-standing commitment to American manufacturing and innovation, and shows just how important the confectionery category is to the U.S. economy. The company says the move will add an estimated 250 jobs to chocolate product manufacturing sites across the U.S.”
Candy & Snack Today
6-13-17

“Hickory Harvest Foods has added 17,000 square feet of manufacturing space to its Akron, OH facility.”
Candy & Snack Today
5-31-17

“Abdallah Candies invests $14m in new Minn. Facility.”
CandyIndustry.com
4-7-17

“The Mentos maker Perfetti van Melle USA will expand its manufacturing plant near Erlanger, Kentucky, with an $11m investment, adding 70 new full-time jobs to the state.”
Confectionery News
4-4-17

“Mars Chocolate North America announced Thursday a $70 million reinvestment in its U.S. supply chain…. This latest investment will add approximately 250 new jobs to sites across the country.”
FoodManufacturing.com
3-31-17

“Gummy bear giant Haribo to build first North American plant in Pleasant Prairie [Wis.] with 400 jobs.”
Milwaukee Journal Sentinel
3-23-17

“The announcement this week that the Hershey Chocolate Company plant in Stuarts Draft [Va.] will add 69 new jobs and spend millions on new equipment bodes well for the future of the plant, officials say.”
The Roanoke Times
3-16-17

Gummy bear giant Haribo to build first North American plant in Pleasant Prairie [Wis.] with 400 jobs.
Milwaukee Journal Sentinel
3-23-17

“Confectionery market expected to reach $232 billion by 2022.”
CSP
2-16-17

“A company that makes flavors and oils for the candy and baking industry will be expanding its Lansing headquarters. LorAnn Oils…plans to spend about $1.5 million to expand its office and production space. The roughly 7,000-square-foot expansion will add nine jobs.”
Lansing State Journal
2-3-17

“M&Ms maker Mars has announced it will invest $900m in its U.S. supply chain in addition to the recent $1bn investment aimed at boosting its domestic manufacturing capabilities.”
Confectionery News
2-2-17

“Nestlé to move U.S. headquarters to Arlington [Va.], bringing 750 jobs.”
Washington Post
2-1-17

“Smucker’s to build factory in Longmont [Colo.] and could spend up to $340 million.”
Denver Business Journal
1-31-17

“Sales of bakery snacks up 3.2%.”
Bakery and Snacks
1-25-17

“Lindt exceeds market expectations with 6% annual sales growth.”
Confectionery News
1-18-17

“Sweets specialist Hershey (NYSE: HSY) enjoyed market-beating gains of 16% last year, according to data provided by S&P Global Market Intelligence.”
Fox Business
1-12-17

“[Indiana] confectioners are catering not only to the area’s sweet tooth, but a growing demand nationally for locally-sourced, handcrafted food made with pure ingredients. They’re a growing part of an industry that generates $34.5 billion a year in sales nationally and sees an 8.5 percent uptick amid holiday parties, according to the National Confectioners Association.”
The Journal Gazette
1-1-17

“Leclerc Foods, a maker of cookies, snack bars and crackers, has unveiled plans to invest $49 million to establish its U.S. headquarters in Kingsport, Tenn., and expand production operations.”
Food Business News
12-12-17

“Seasonal chocolates are seeing more demand from consumers, according to Packaged Facts. Nearly 40 percent of shoppers bought from the segment this year, up from 27 percent in 2014.”
Candy & Snack Today
12-8-17

“The U.S. confectionery market is estimated to reach $35.86 billion in sales during 2016 and $38.19 billion by 2020, according to market research firm Technavio, Elmhurst, Ill.”
Food Business News
11-28-17

“The number of US households buying seasonal confections had increased by 74.4% during 2015, and by 73.6% last year, according to the most recent aggregated Nielsen data.”
Confectionery News
11-14-16

“Mount Franklin Foods, L.L.C., a North American manufacturer of confections and nut products, has acquired its first candy making facility in the United States… The company plans to invest $10 million in equipment for the Sumter, S.C., facility.”
Food Business News
11-8-16

“Barry Callebaut invests $20 million in U.S. West Coast factory. Barry Callebaut plans to up capacity at its American Canyon facility in California as it anticipates growing demand for chocolate and compound products.”
Confectionery News
11-4-16

“The National Confectioners Association (NCA) predicts Americans will spend around $2.7bn on Halloween candy this year, a 2.3% rise on last year. This would make 2016 a record year for Halloween candy spending.”
Confectionery News
10-12-16

“General Mills is increasing its cereal production in western New York. A $25 million expansion project includes the purchase of new packaging equipment, upgraded ingredient systems, and the addition of Corn Chex and Honey Nut Chex at the Buffalo plant.”
Associated Press
10-9-16

Premium chocolate sales have gained by 5% year-over-year.
Candy & Snack Today
9-16-16

Mondelez plans to spend $65 million to open or improve nine research and development labs across the globe. The centers will be located in key markets for the company like East Hanover, N.J.
Chicago Tribune
9-14-16

“Enjoy Life Foods pens a new [200,000 square-foot] manufacturing plant in Indiana.”
Food Business News
9-8-16

“Mars and Hershey performed strongly during the 52-week period ending Aug. 7, 2016. Hershey increased its sales of small-sized chocolates by 2.7% year-over-year, while Mars saw its small-sized chocolate dollar sales jump by 2.9%.”
Confectionery News
9-7-16

“At quick glance, 2016 appears to be a very good year, with total dollar sales during the six-week Easter period increasing 4.9 percent, according to NCA Sweet Insights… These results are a leap forward from the year prior, as the 2015 holiday grew dollar sales 1.8 percent.”
Candy & Snack Today
9-5-16

“A $2 million renovation of Ether M’s chocolate factory store in Nevada is expected to [be] complete in October this year.”
Confectionery News
9-1-16

“Wolfgang Candy plans multi-million-dollar factory [in Penn.] amid substantial growth.”
Confectionery News
8-26-16

“Nestle has expanded its Dublin, Ohio, quality assurance center, investing $31 million to upgrade the facility.”
Confectionery News
8-18-16

“One of York County’s best-known businesses is expanding into the southern part of the county. Wolfgang Candy Co. will open a new production facility by the end of the year in Loganville… Wolfgang expects to add about 30 additional employees at the Loganville plant.”
Central Penn Business Journal
8-10-16

“‘The overall $1.1 billion (measured retail sales) gummi segment is currently experiencing unprecedented growth,’ says Jill Manchester, senior vice-president of marketing and brand strategy for Ferrara Candy Co., Inc. She explains the sector had a compounded annual growth rate of 4.3 percent during the past three years.”
Candy and Snack Today
8-9-16

“During the next five years, the snack industry will see $35 billion in growth, reports Sally Lyons Wyatt, executive vice-president and practice leader, Information Resources, Inc.”
Candy and Snack Today
7-28-16

“Hershey’s sweet returns belong in your portfolio.”
The Street
7-28-16

“When Tom Scheiman was looking to expand B.A. Sweetie Candy Co. Inc., he was thinking big. His ambitions became reality this past year with the purchase of warehouse space where the store’s square footage doubled and its shelving capacity grew monumentally… The decision to go from 20,000 square feet and 12-foot ceilings to a 40,000 square foot building with 22-foot ceilings just down the road was predicated on Scheiman’s strong belief that candy sales are not slowing down.”
Candy and Snack Today
7-25-16

“New brands and private-label goodies are on track to boost the US chocolate market to $30 billion by 2021, according to a study from Research and Markets.”
Smart Brief
7-6-16

“Elmer Chocolate has completed a $40 million manufacturing expansion in Ponchatoula [La.] to make its chocolates, caramels, truffles and crèmes, along with its seasonal holiday Gold Brick, Heavenly Hash and Pecan Eggs… The 70,000-square-foot expansion…lifts employment to 230.”
Baton Rouge Advocate
6-23-16

“Production of Skittles, the colorful fruit-flavored treat, will expand to Yorkville [Ill.] starting next week thanks to a $50 million plant expansion sweetened by state and local incentives… There are 75 new workers at the facility as a result of the Skittles line addition, adding to the 300 employees that already made gum and mint brands like Juicy Fruit, Doublemint and Life Savers.”
Chicago Tribune
6-11-16

Although not quite as popular as chocolate, chewy candy still commanded close to $3.3 billion in dollar sales in the 52 weeks ending March 20, 2016, according to IRI, a Chicago-based market research firm. And chewy candy also charted a 6.5 percent increase in dollar sales from the previous year.”
CandyIndustry.com
5-25-16

“Dutra, CEO, president and founder of Kimmie Candy, accepted the President’s “E” Award in Washington, D.C., for his company’s work in the export market. It was among 123 U.S.-based companies that were recognized Monday for growing their export market for the past few years… Since 2008, after moving Kimmie Candy productions back to the U.S., Dutra said he’s seen his business’ export market expand.”
Las Vegas Review Journal
5-18-16

“Chocolatier Kelly Smith…is one of many specialty chocolate merchants taking root in Central Florida, with new shops in Maitland, Orlando and Disney Springs. That’s on top of a chocolate-themed restaurant slated for Universal CityWalk and other tourism destinations such as Chocolate Kingdom and World of Chocolate.”
Orlando Sentinel
5-12-16

“A new Mast Brothers Chocolate factory and shop will open in mid-April in downtown Los Angeles.”
Los Angeles Times
3-25-16

“According to the National Confectioners Association, 71 percent of Americans will hunt for real or candy-filled eggs. The NRF says almost $2.5 billion will be spent on sweets.”
MyFoxZone.com
3-24-16

“Even though Easter this year is shorter, a survey by the National Confectioners Association shows the retail sales of Easter candy will be nearly $2.4bn, increasing by 1.4% from 2015.”
Confectionery News
3-23-16

“The Barry Callebaut Group announced the completion of an expansion in its American Canyon, Calif. factory.”
CandyIndustry.com
3-16-16

“CandyWarehouse.com Inc…has purchased a warehouse in Charlotte, N.C., for an undisclosed price. The move allows the Southern California-based online retailer to reach most of the country—80%—in two days via standard ground shipping… CandyWarehouse.com has grown by an average rate of 11.71% over the past five years.”
InternetRetailer.com
3-3-16

“Candy sales for this coming Valentine’s Day are expected to increase 1.6 percent compared with the year prior, totaling some $1.1 billion, according to estimates from [the National Confectioners Association].”
Candy & Snack Today
2-5-16

“Krusinski Construction Company has completed a 250,000-square-foot expansion for Ferrara Candy Company in Bolingbrook, Illinois, adjacent to the firm’s existing 750,000-square-foot distribution facility.”
Real Estate Journal
2-3-16

“Retired Carol Stream cop opens candy shop in Bloomingdale [Ill.].”
Daily Herald
1-12-16

“Arizona-based Lulu’s Chocolate plans West Asheville [N.C.] location.”
Mountain Xpress
1-11-16

“Royal Candy Co. begins [N.J.] expansion. Company has doubled its office staff to accommodate increased orders.”
CandyIndustry.com
1-6-16

“In 1764, two men by the name of John Hannon and Dr. James Baker started importing cacao beans and producing chocolate in Dorcester, Massachusetts, making them the oldest producer of chocolate in the United States… As far as we can tell, in the American food and drink world, no company is older.”
FoxNews.com
12-29-15

“Grimaldi Candy’s sweet success means [Fla.] expansion, jobs.”
Bay News 9
12-23-15

“The National Confectioners Association (NCA) projects that retail sales of holiday candy in 2015 will be $1.6 billion; 85% of Americans plan on sharing a gift of chocolate or candy at the holidays.”
CSPnet.com
12-10-15

“Abdallah Candies is getting $170,000 from the state of Minnesota to help finance its $12 million expansion in Apple Valley.”
Minneapolis Star Tribune
12-3-15

“Confectionery and bakery equipment supplier, Savage Bros. Co., is moving into a larger manufacturing space. The Elk Grove Village, Ill.-based company is combining its present 30,000-sq.-ft. manufacturing building and 13,900-sq.-ft. assembly building into a single 81,500-sq.-ft. building with state-of-the-art electric, lighting and communications.”
CandyIndustry.com
11-19-15

“Nassau Candy plans $4.3M expansion in Hicksville [N.Y.].”
Newsday
11-9-15

“The chocolate market will exceed $26bn in the US by 2018, according to a recent report.”
ConfectioneryNews.com
11-9-15

“Chocolate candy sales in the United States are expected to exceed $26 billion for the first time by 2018, up from an estimated $22 billion in sales by the end of 2015, according to new research from Packaged Facts.”
Food Business News
10-23-15

“Famously irreverent candy retailer IT’SUGAR is opening up a 3,700-sq.-ft. ‘mega-shop’ at the largest retail and entertainment complex in the nation, Mall of America.”
CandyIndustry.com
10-21-15

“Grimaldi Candy Co. expanding to major national retailers…company expects to see continued growth into 2016 and beyond.
CandyIndustry.com
9-23-15

“In the past decade, sales of the humble Oreo are up 60 percent, passing $2.5 billion a year.”
New York Magazine
9-20-15

“Virc, LLC has broken ground for a 25,000-square-foot facility in Selma, TX…marking the confectioner’s first U.S. company with Mexican investment.”
Candy & Snack Today
9-17-15

“Groundbreaking is set for next week on a $41 million expansion at DeMet’s Candy in Big Flats [N.Y.] that is expected to add 70 jobs at the plant.”
Corning Leader
9-15-15

“Sugarfina, a Los Angeles-based candy seller, is opening two stores [in New York City] this fall. The three-year-old brand will open a 250-square-foot shop on the first floor of the Time Warner Center, replacing Tesla, according to a spokeswoman. Sugarfina also plans to open a roughly 1,000-square-foot space on upper Madison Avenue.”
Crain’s New York Business
9-7-15

“The chocolate bar industry has certainly seen its days of glory — which are only continuing, as chocolate sales increased 2.46 percent – for a total of $13.3 billion, according to an IRI report from the last 52 weeks, ending June 14, 2015.”
CandyIndustry.com
8-18-15

“Florida-based Sweet Pete’s Candy kicks off a national expansion with its first Chicago-area location.”
Chicago Tribune
8-18-15

“Candymaker [Marini’s Candies] looks to build on 100-year legacy with new Westside location [in California].”
Santa Cruz Sentinel
8-6-15

“Mars Inc. announced plans Wednesday for a $100 million expansion of its candy-making plant in Kansas…After constructions wraps up in late 2016, the company will add 70 full-time employees to the 200 already working in the Topeka area.”
Associated Press
7-15-15

“Barry Callebaut Center Expands, Adds Applications Lab”
Candy & Snack Today
7-2-15

“Ghirardelli Chocolate Co. will open a new Chicago location this weekend, unveiling a 7,000-square-foot space in the historic Wrigley Building… The San Francisco chocolatier hired more than 100 employees for the new store.”
Chicago Tribune
6-26-15

“Candy giant Mars adding 175 jobs in Georgia, ramping up production.”
Atlanta Business Chronicle
6-24-15

“Piedmont Candy marks 125 years by expanding to Duracell building.”
The Dispatch
6-23-15

“Bimbo Bakeries USA is expanding its operation in Orangeburg [S.C.] and will add 30 jobs… The company said Tuesday it is investing more than $9 million in its plant and will add the jobs during the next five years.”
Associated Press
6-10-15

“During the past four years, seasonal [candy] sales had a compound annual growth rate of 2.8 percent.”
Candy & Snack Today
6-9-15

“The world’s collective sweet tooth propelled Hershey, with $7.4 billion in 2014 sales, to the No. 2 spot on Credit Suisse’s list of the fastest-growing big U.S. food and beverage companies of the past five years. Sales are up from $5.3 billion in 2009, and Hershey has gained share in its category.”
Fortune
5-21-15

“The rows and rows of homemade chocolates nestled behind glass cases at Schimpff’s Confectionery soon will double. The 124-year-old candy business is expanding its [Indiana] retail and manufacturing space into the building next door that has been largely unoccupied for two decades.”
News and Tribune
5-21-15

“The chew candy category has seen a whopping 7.94 percent increase in dollar sales over the last year, which comes out to about $3 billion in sales, according to data from IRI, a Chicago-based research firm.”
CandyIndustry.com
5-20-15

“Illinois is home to more than 85 manufacturing facilities, employing about 7,500 workers, and that’s just in the manufacturing sector. Each year Illinois confectionery manufacturers ship $1.5 billion worth of chocolate, non-chocolate candy, gum and mints from these factories.”
Chicago Sun-Times
5-17-15

“This spring, Edward Marc opened a new 50,000-square-foot food production facility on 38th Street in Lawrenceville that eventually could see five production lines turning out 17.5 million pounds of chocolate annually…the company’s sales in 2005 were $179,000. He said they’re projected to hit $25 million this year.”
Pittsburgh Post-Gazette
5-14-15

“CNBC’s ‘The Profit’ Marcus Lemonis has verbally agreed to purchase two buildings off Hogan Street [in Jacksonville, Fla.] for the expansion of Sweet Pete’s Candy and The Candy Apple Café & Cocktails.”
Jacksonville Business Journal
5-9-15

“Mondelez beat profit estimates, increases margins.”
Reuters
4-29-15

“Goya Foods… has opened a new sustainable corporate headquarters in New Jersey as part of a $500 million global expansion over the past 10 years. The opening of the new facility ensures the retention of more than 500 existing local jobs and offers 100 new positions, Goya said.”
BakingBusiness.com
4-19-15

“Brazil-based candy-confectionary products manufacturer Mavalério opens U.S. production hub in Virginia.”
Area Development Online
4-10-15

“Chocolate confectionery sales grew 24% over a five year period from 2009 to 2014 to reach $21 billion in the United States, the world’s largest chocolate market, reported Mintel…Mintel predicts steady growth through 2019, with the U.S. chocolate market reaching $25 billion.”
CSP Daily News
3-31-15

“The Ferrara Candy Co. is expanding two plants in the Chicago area. The plants are located in Bellwood and Bolingbrook, Ill.”
Food Business News
3-30-15

“Nearly 90 percent of shoppers in a National Retail Federation survey said they will buy candy, spending more than $2.2 billion [this Easter].”
Baltimore Sun
3-23-15

“The snack bar market is expected to grow 30 percent, or 5 percent compounded annually, by 2019 with sales anticipated to reach $8 billion, according to Packaged Facts.”
Candy & Snack Today
3-17-15

“Flowers Foods expands operations at Ensley [Ala.] facility.”
Birmingham Business Journal
3-17-15

“Ocean Spray splashed into the Lehigh Valley [Pa.] last year with its $100 million, 300,000-square-foot facility in Upper Macungie. Now the company is juiced up about focusing on production this year.”
Morning Call
3-14-15

“Clif Bar & Co. broke ground Thursday, March 12, for the Clif Bar Baking Co. in Twin Falls, Idaho… The new $90 million, 270,000-square-foot bakery will help the company meet growing demand worldwide and bring more than 200 jobs when it opens in the spring of 2016, company officials said.”
Capital Press
3-13-15

“Kansas City-based Russell Stover Inc. fetched a sweet price — about $1.6 billion — when the company’s sale to a Swiss buyer closed last September.”
Kansas City Star
3-10-15

“Lindt profit boosted by U.S. demand.”
Wall Street Journal
3-10-15

“Hamtramck’s [Mich.] most popular chocolate shop is expanding… Alexandra Clark, owner of Bon Bon Bon in Hamtramck, Friday confirmed that she’s expanding.”
MLive Media, Detroit
3-6-15

“St. Croix Chocolate Co. buys building, plans expansion [in Minn.].”
Country Messenger
2-17-15

“The Hispanic confectionery market continues to grow and conquer new markets in the United States.”
CandyIndustry.com
2-16-15

“[Mondelez] announced this week that it sold more than $2.5 billion of the cream-filled cookies in 2014. That’s more than twice the global sales of Cheerios cereal (a General Mills brand), and five times the annual sales of Kraft Macaroni and Cheese. Oreos are, by far, the best-selling cookies in the world.”
Quartz
2-13-15

“The Valentine’s Day bottom line: Chocolate buyers will be paying more and getting a bit less. While the amount of chocolate Americans bought last year rose 1.2 percent to 2.2 billion pounds, the amount they paid for it rose 2.6 percent to $13.6 billion, according to data from Nielsen, a consumer research firm.”
Washington Times
2-12-15

“Bedre Fine Chocolate’s sales have grown by 50 percent over past two years in Davis, Oklahoma.”
The Oklahoman
2-11-15

“This second wave of modern American small-batch chocolate — the first came in the 1990s, with bean-to-bar manufacturers like Scharffen Berger in San Francisco — took off in the middle of the next decade. One recent census, by The Ultimate Chocolate Blog, put the number of professional craft chocolate makers at about 90, but others in the business think the total would easily top 100.”
New York Times
2-10-15

“Barry Callebaut to pour $5.7 million into U.S. chocolate manufacturing.”
Reuters
2-10-15

“Washington’s craft chocolate industry continues to grow.”
Washington Post
2-10-15

“The NCA is estimating category sales to grow 2.4 percent during the six-week 2015 Valentine’s Day period, with totals expected to reach nearly $1.09 billion.”
Candy & Snack Today
1-29-15

“Candy dish sales rising during Valentine’s Day season as consumers start to share the occasion with friends and family.”
CandyIndustry.com
1-28-15

According to the National Retail Federation’s Valentine’s Day Consumer Spending Survey conducted by Prosper Insights and Analytics, the average person celebrating Valentine’s Day will spend $142.31 on candy, flowers, apparel and more, up from $133.91 last year… most (53.2%) plan to buy candy for the sweet holiday, spending a total of $1.7 billion.”
National Retail Federation
1-26-15

“The chocolate retail segment (chocolate stores) is slated to grow through 2020, says the latest U.S. Industry Market Research Report from IBISWorld.”
CandyIndustry.com
1-21-15

“Leading cocoa processor Barry Callebaut has reported volume growth ahead of the global chocolate confectionery market in its first quarter.”
FoodNavigator.com
1-21-15

“Big Flats [N.Y.] candy maker looks to expand.”
Star Gazette
1-15-15

“The takeover of U.S. candymaker Russell Stover will fuel growth for Swiss chocolate maker Lindt & Spruengli after strong demand for premium products boosted sales in 2014, the company said on Tuesday.”
Reuters
1-13-15

“Elmer Chocolate will expand its Ponchatoula production facility by 70,000 square feet in a $40 million project, the company said Tuesday. Elmer Chocolate, which started in New Orleans in 1855 as the Miller Candy Corp., will also add 10 new jobs to its roster of 164 employees, according to a news release.”
New Orleans Times-Picayune
12-30-14

“Chocolatier Jacques Torres – or Mr. Chocolate – is one of Santa’s sweetest helpers… Fourteen years and eight shops later, this modern-day Willy Wonka has opened up a chocolate factory of his own…. Inside his “cool” 40,000 square-foot space, Torres and his team make almost everything they sell.”
CBS News
12-20-14

“The Barry Callebaut Group has completed the expansion of its Mona Lisa Chocolate Decorations factory in Hendersonville, N.C. The company hopes the expansion will help it become more prominent in the U.S. chocolate decorations market.”
CandyIndustry.com
12-10-14

“Ferrara Candy Company’s 747,152-square-foot, full-building commitment at Heitman’s 901 Carlow Drive in Bolingbrook not only ranks among the largest Greater Chicago-area industrial leases of 2014 but also represents one of the year’s most impactful commercial real estate transactions.”
REJournals.com
12-8-14

“To date, at least a half-dozen small-batch chocolate makers have set up their own roasting, molding or processing operations in a stretch of western Brooklyn extending from Williamsburg down to Sunset Park.”
Crain’s New York Business
11-17-14

“Bissinger’s Handcrafted Chocolatier has moved into a new 220,000-square-foot building that will house its corporate offices, production facilities an event space — The Caramel Room.”
Candy & Snack Today
11-5-14

“Revenues for the candy industry have grown at an annual pace of 2.9% since 2009 and are expected to hit $7.9 billion this year, according to a report from research firm IBISWorld.”
MarketWatch
10-30-14

“Halloween candy alone has run up a $2 billion tab every Halloween for the past three years. The National Confectioners Association is expecting candy sales to reach $2.5 billion this year.”
Examiner.com
10-31-14

“While many U.S. food companies are closing factories and cutting staff, Mars Inc. recently opened its first new chocolate factory in the country in 35 years to feed Americans’ seemingly boundless hunger for sweets….. The factory’s 500,000 square feet…include space for another three production lines so Mars can expand.”
Wall Street Journal
10-29-14

“Hershey on Wednesday reported a 5.8% increase in sales to $1.96 billion for the latest quarter.”
Wall Street Journal
10-29-14

“Both Mars and Hershey are enjoying the spoils of a market that has outpaced sales growth for other food products. Chocolate sales in the U.S. rose 3.2% last year compared with a 2.7% increase for total packaged food, according to Euromonitor—despite Americans’ growing interest in eating healthier.”
Wall Street Journal
10-29-14

“The U.S. confectionery market is expected to see about $6 billion in increased sales in the next five years, and premium products are driving the growth.”
CandyIndustry.com
10-29-14

“North Las Vegas — Snack maker RW Garcia Co. Inc. has begun operations in its newly opened 63,000-square-foot facility, which the company claims will expand production capacity sixfold, the company reports.”
Candy and Snack Today
10-29-14

“Mars Inc. plans to invest $31 million and add a research and development application center to its plant in Greenville [Miss.].”
BakingBusiness.com
10-27-14

U.S. chocolate “sales will climb to a record $17.75 billion this year, market researcher Euromonitor International Plc estimates.”
Bloomberg
10-23-14

“A giant chocolate factory and retail space is coming to Sunset Park’s Industry City, a sprawling 30 acres on the Brooklyn waterfront…. Under master chocolatier Anwar Khoder, Li-Lac will be both a factory and a destination as its chocolate production will be ‘completely visible’ to the public.”
New York Post
10-5-14

“Candy sales are expected to reach $2.5 billion this Halloween.”
Candy & Snack Today
9-30-14

“This month, [Nestle’s quality-assurance] lab celebrated the opening of an $11 million, 35,000-square-foot addition [in Dublin, Ohio] that dramatically increases the facility’s capacity.”
Columbus Dispatch
9-27-14

“If last year’s appetites for Halloween treats are any indication of this year’s sentiments, American food retailers are in for a treat. Last year, sales of seasonal Halloween chocolate candy reached $217 million, up 12%.
Marketing Daily
9-12-14

“Abdallah Candies has struck a tentative deal to buy land in Savage [Minn.] and build a $7.8 million manufacturing facility that’s twice as large as its current location. The Burnsville-based chocolate manufacturer has outgrown its 60,000-square-foot headquarters… The company has enjoyed steady sales increases since it moved there 13 years ago, even during the recession.”
Minneapolis/St. Paul Business Journal
9-10-14

“Kellogg Company will invest $15 million to expand its production facility in Muncy, Pennsylvania…  The investment will result in the retention of 323 manufacturing jobs in Lycoming County.”
AreaDevelopment.com
9-3-14

“Swiss chocolate maker Lindt & Sprungli announced acquisition today of a 400,000-square-foot warehouse and distribution center in the Carlisle (PA) area.”
Central Penn Business Journal
8-28-14

“Yowie chocolates relaunched for US market 10 years after disappearing from Australian shelves.”
ABC (Australia)
8-14-14

“U.S. chocolate sales increased again in 2013, according to a report from Mintel, ‘Chocolate Confectionery – US.’ Overall, they grew 24 percent from 2008-2013.  As for the future, Mintel forecasts that chocolate sales will increase another 14 percent from 2013-2018.”
CandyIndustry.com
8-13-14

“Hoffman’s Chocolate opening on Las Olas Boulevard.”
Sun Sentinel
7-30-14

“Hershey Co.’s quarterly profit rose 5.4%, as it sold more chocolate…The maker of Hershey’s Kisses, Reese’s and Kit Kat, said last week that it increased the wholesale prices of its candy by an average of 8% to make up for record cocoa and cocoa butter costs.”
The Wall Street Journal
7-24-14

“VernDale Products bets $20M on love of chocolate; Company’s new Detroit plant to expand dried-milk output.”
Crain’s Detroit Business
7-18-14

“Studebagels and South Bend Chocolate Co. plan to finalize Wednesday a joint venture that will both expand the product line at Studebagels and provide the local chocolate company with a new location near the University of Notre Dame.”
South Bend Tribune
7-15-14

“The nation’s third largest chocolate manufacturer [Russell Stover] tore down its 10,500-square-foot outlet in April and recently unveiled an approximately 12,700-square-foot expanded facility, the only one it operates in Florida.”
Daily Commercial
7-9-14

“Emporia, Kan., could have bragging rights as the Twinkie capital of the world.  Its Hostess Brands plant, reopened last year and expanded this year, has added $30 million worth of improvements, including a $25 million bakery line to churn out more snack cakes.”
Kansas City Star
7-7-14

“Category sales for this past Easter holiday lapped the projected growth by more than one percent, as dollar sales grew 5.3 percent for the season, according to Sweet Insights.”
Candy & Snack Today
5-29-14

“Over the past couple of weeks, the already larger-than-life Las Vegas has gotten a big dose of candy, in the form of an 18-foot Reese’s Peanut Butter Cup and a 64-foot Hershey’s Chocolate bar tempting visitors on the Strip. The whole town gets a little bit sweeter with today’s grand opening of Hershey’s Chocolate World at New York-New York Hotel Casino.”
USA Today
6-2-14

“Thursday morning is the groundbreaking ceremony for Morinaga, a Japanese candy company establishing its manufacturing presence in Orange County [N.C.]”
Triangle Business Journal
6-3-14

“Godiva expands headquarters, takes more space [in Reading, Penn.]”
Philadelphia Business Journal
6-17-14

“Exports of U.S. chocolate confectionery rose to $288 million in the first quarter of 2014, compared to $260 million in 2013.”
NCA SmartBrief
6-20-14

“Wrigley plans to start making Skittles in Yorkville (Ill.), expanding its plant there and adding 75 full-time manufacturing jobs, the candy maker plans to announce on Wednesday.”
Chicago Tribune
5-28-14

“‘Mars has certainly grown the business and the major reason to build this new facility was capacity,’ Spangler says. ‘We’ve exceeded capacity at all our nine other facilities in North America. We wanted to address current needs as well as those for the next 50 years.'”
CandyIndustry.com
5-26-14

“In 2011, [Nassau Candy Distributors] planned a $2.25 million project to expand. Then, in 2013, the company planned a $14.7 million project to open a regional warehouse to free up space for more manufacturing. In both cases, New Jersey and Long Island vied for the business.”
Newsday
5-23-14

“When [Whimsical Candy] was launched [in 2008], Kadow-Dougherty sold exclusively wholesale.  Within two years she expanded to include caramels and an e-commerce site.  Last year she opened her first retail shop, which is also the production kitchen for wholesale. Now, she’s sharing La-Dee-Dahs with more than 70 specialty shops across the country.”
CandyIndustry.com
5-23-14

“With a waiting list of over 300 potential wholesalers, San Francisco’s Dandelion Chocolate is in big-time expansion mode. Dandelion will open a second, much bigger chocolate factory in the Mission, and will also roll out a kiosk at the Ferry Building next door in early June.”
San Francisco Chronicle
5-23-14

“The chewy candy category has grown nearly six percent over the last year, reaching $2.8 billion in total sales, according to data from IRI, a Chicago-based market research firm.”
CandyIndustry.com
5-22-14

“Candy industry experts report confectionery sales are faring better than figures in other retail food markets, with US shoppers snapping up nearly $34bn worth of sweet treats annually.”
ConfectioneryNews.com
5-22-14

“Krause’s Homemade Candy expanding to Glenville, NY.”
Albany Business Review
5-14-14

“Mondelēz to invest $40 million in Virginia bakery.”
BakingBusiness.com
5-14-14

“Berkshire Hathaway investors are probably already familiar with the awesome financial results from See’s Candies. See’s, which Berkshire bought in 1972 for $25 million, has generated $1.7 billion in cumulative pre-tax earnings.”
The Motley Fool
5-10-14

“The Plan Commission approved the site plan review for the expansion of Albanese Confectionery that could double the size of the facility.”
The Times
5-1-14

“Sweepy Group Products, which was incorporated in 2013, has announced plans to open a new 32,000-sq.-ft. factory in Miami Lakes, Fla. The plant is slated to manufacture snack packs featuring breadsticks and confectionery dips starting in the second quarter of 2014.”
CandyIndustry.com
4-30-14

“Keebler Co., a division of Kellogg Co., has been approved to receive $2 million in tax incentives from the Kentucky Economic Development Finance Authority to purchase new equipment and add manufacturing capacity at its Florence, Ky., facility.”
Food Business News
4-29-14

“Last year [Hershey Co.] captured 31 percent of the U.S.market in combined candy, mint and gum, while it dominated the chocolate market with a 44.5 percent market share. Revenues (and earnings per share) have continued to increase each year along with marketshare and at the end of last year the company was sitting on $1 billion in cash reserves. The 2014 outlook is also bright. This year Hershey expects net sales to increase between 5 and 7 percent; and earnings per share from 9 to 11 percent.”
The Patriot-News
4-29-14

“IT’SUGAR has 64 stores nationwide, including 13 in Florida… By the end of the year, [CEO Jeff Rubin] expects to have 80 shops in all.”
Miami Herald
4-27-14

“[The Hershey Company] continues to expect 2014 net sales growth of 5 to 7 percent.”
The Wall Street Journal
4-24-14

“The Dunmore Candy Kitchen is expanding to Scranton [Penn.], opening a new retail shop and kitchen on Davis Street in the fall.”
The Times-Tribune
4-18-14 

“Elmer [Chocolate’s] candy sales so far are up over 10% from last year…”
WWL Radio
4-17-14 

“Easter candy sales usually increase 1 percent to 3 percent each year, [National Confectioners Association spokesperson Susan Whitesides] said.”
Salt Lake Tribune
4-15-14 

“In the United States, retail sales of chocolate used just in candy have risen from $13.3 billion in 2000 to $20.6 billion in 2013, according to the National Confectioners Association.”
Philadelphia Inquirer
4-14-14 

“A Swiss chocolate manufacturer with an eye toward North American expansion has acquired the majority of stock in a Buffalo-area candy maker.”
Buffalo Business First
4-9-14

“Americans spend a massive amount on candy each year – on average, over $29 billion, a number that is expected to increase to $35 billion by 2016.”
B2C Marketing Insider
4-9-14 

“Total U.S. confectionery sales this Easter season are projected to be $2.26 billion – up four percent from 2013.”
The Herald
4-9-14 

“U.S. [convenience] stores’ sales grew 2.4 percent during 2013, reaching $204 billion…candy and snacks, which are included in center-of-the-store sales results, made up 9.9 percent of sales… confectionery sales grew 1.2 percent.”
CandyAndSnackToday.com
4-4-14 

“The [Hobart, Ill.] City Council took a preliminary step Wednesday toward granting two tax abatements for Albanese Confectionery as it looks to expand its candy-making and retail business. …At a previous meeting, [Albanese CEO James] Dragon told the City Council the business is looking to expand its current building from 122,000 to 190,000 square feet. Dragon said the company grew almost 25 percent during the recession.”
The Post-Tribune
4-3-14

“A South Bend Chocolate Cafe is scheduled to open in mid- to late May in the heart of downtown Mishawaka… South Bend Chocolate has 18 stores (14 company owned) and four franchises in Indiana, Michigan and Ohio.”
South Bend Tribune
4-2-14

Hershey ranked second on a list of the world’s 100 most powerful brands, beating out Apple, Disney, Johnson & Johnson, and American Express.  Only Coca-Cola is more powerful, according to the CoreBrand survey of business executives.
Business Insider
3-27-14

“Rising demand for premium chocolate has spurred Lindt & Spruengli boost production at its U.S. headquarters by 8 to 10 percent, where it will start making high-quality treats for China for the first time…”
Reuters
3-27-14

“Confection affection: $270M plant shows Mars Inc. confident in Americans’ love of chocolate.”
Associated Press
3-27-14

“Study: Hershey fastest growing large [consumer packaged goods] company. Five confectionery and snack manufacturers ranked among fastest growing CPG lists created by Boston Consulting Group and IRI.”
CandyIndustry.com
3-26-14

“Pearson Candy Co., which has been making candy in Minnesota for more than 100 years, is expanding its St. Paul operations in a move that will create at least 40 local jobs.”
Minnesota Dept of Employment and Economic Development
3-26-14 

“Flowers Foods, Inc. will open a bakery in Knoxville, Tenn., in late May. …The bakery initially will employ about 60, but the number is expected to increase to more than 100 as more production shifts are added, Flowers said.”
Food Business News
3-24-14

“2013 was a strong year for confections as the number of confectionery trips as well as the number of confectionerybuyers grew steadily, and new products added $890 million in sales last year alone. Chocolate, the largest confectionery segment, was up 3.6% over 2012, led by white chocolate with a growth of 14% and dark chocolate at 9%. Milk chocolate continues to hold the majority share of the confectionery market and added $409 million in sales versus a year ago. Seasonal sales performance was up 3.2%.”
SmartBrief
3-21-14

“‘In 2013, business was big, growing and profitable,’ said Larry Wilson, NCA’s vice president of customer relations. ‘The total confectionery market reached $33.6 billion in 2013–marking the sixth consecutive year of sales growth. …We predict continued growth for 2014.'”
CSP Daily News
3-20-14

“The long-standing chocolate company [Bissinger’s] is in the midst of spending $15 million renovating a 223,000-sq.-ft. building that will serve as its new headquarters in downtown St. Louis employing 100 people.”
CandyIndustry.com
3-12-14

“Lindt & Spruengli reported 24% net profit in 2013 and predicts 2014 growth to be in the 6% to 8% range. … The 8.6% sales gain in 2013 was driven largely by double-digit growth in North America.”
The Economic Times
3-11-14

“Construction of a new candy factory near Mebane [N.C.] will begin in a few weeks, Orange County’s economic development officer says.”
Chapel Hill News
3-11-14

“The company plans to build a 108,261-square-foot addition to its headquarters…The expansion is intended to add additional production lines for Lindt products and for Lindt’s sister company, Ghirardelli Chocolate.”
SeacoastOnline
3-6-14

“A spokesman for Albanese Confectionery revealed plans Wednesday to double, maybe even triple, the number of production lines at the candy maker’s facility. … the business is looking to expand its building [in Indiana] by 122,000 to 190,000 square feet.”
Post-Tribune
3-5-14 

“The confectionery industry has seen 10 straight years of growth despite troubled economic times.”
The Gourmet Retailer
3-4-14 

Blommer Chocolate Co. saw demand increase by double-digits last year and as a result, the company is expanding its processing capacity.
The Wall Street Journal
3-3-14

“Chocolate candy sales are predicted to grow $4 billion, or 19%, in the next five years, outpacing non-chocolate sales, which have a predicted growth rate of 13% or $1.3 billion, according to the National Confectioners Association.  Chocolate sales hit $20.6 billion in 2013, growing 3.6% from the previous year, while non-chocolate candies increased 2.7% to $10.3 billion.”
The Wall Street Journal
3-3-14 

“Snack maker Leclerc Foods USA has snapped up a building in Arizona and plans to invest $50m to expand its operations.”
Food Production Daily
2-17-14 

“Mondelez International reported sales gains of 10% to 15% for its Sour Patch Kids and Swedish Fish products in 2013 in North America.”
Bloomberg Businessweek
2-14-14 

“Global sales of chocolate confectionery will climb to a record in 2014, according to Euromonitor International Ltd.”
Bloomberg News
2-12-14 

“Category dollar sales for this past winter holiday season grew 1.4%, totaling $3.96 billion…However, Larry Wilson, NCA vice-president of customer relations, notes that when excluding gum, which doesn’t have much seasonality, from the sales picture, overall category dollar sales grew 2.4% and units increased 1.2%.”
Candy & Snack Today
2-7-14

“Sales of packaged desserts and sweet baked snacks increased 2.5% between 2008 and 2012 to hit $13 billion in sales.”
QSR Magazine
2-4-14

“Hershey’s fourth-quarter net income rose 24 percent, bolstered by higher volumes in North America and internationally.”
Associated Press
1-30-14

“Total U.S. confectionery sales for Valentine’s Day 2014 are projected to be $1.057 billion, a 1.9 percent increase over 2013.”
NCA Press Release
1-29-14

“NCA: U.S. brands account for 33% of global confectionery.”
Candy and Snack Today
1-28-14

“Lindt & Sprungli chocolate plans big expansion in Stratham, [N.H.]”
SeacoastOnline
1-14-14

“Consumers never tire of candy. Euromonitor data indicates that U.S. dollar sales for chocolate increased 19% between 2007 and 2012, and non-chocolate sales were up 17%.”
Drug Store News
12-26-13

“Mars Chocolate North America will make $11.7 million in capital improvements to its Waco candymaking plant…”
Waco Tribune
12-20-13

“Nutkao USA…plans to invest $7.3 million in a plant in North Carolina for the manufacture of hazelnut butter spreads, cocoa and cocoa/nut spreads, milk and dark chocolate spreads.”
BakingBusiness.com
12-20-13

“Olive & Sinclair opens its doors at new factory on Thursday.”
The Tennessean
12-11-13

“US Halloween confectionery sales outshone expectations in 2013…confectionery sales grew 3.8% on last year to $4bn.
ConfectioneryNews.com
12-10-13

“North Carolina trio open bean-to-bar chocolate factory, providing locals high-end tastings and personalized tours.”
CandyIndustry.com
12-10-13

“98 percent of households purchase candy, spending $95.64 annually…And the candy category is growing; the market is currently at $32.7 billion, with $6 billion of growth anticipated over the next five years… Margins on candy sales are 37.1 percent at the front end, and a healthy 28.1 percent in the candy aisle.”
Progressive Grocer
11-25-13

“The Promotion In Motion Cos., Inc. has been named the 84th largest privately held company in the New York metropolitan market… The ranking is based on the candymakers’ anticipated sales gains of 22.2 percent for 2013 compared with 2012, with revenue expected to total $275 million.”
Candy & Snack Today
11-25-13

“[I]n-aisle confections are the third most profitable item in supermarkets behind gum and soup, generating 65 cents per unit in adjusted gross profit.”
Candy & Snack Today
11-21-13

“Sugar Factory grows exponentially in four years.”
CandyIndustry.com
11-18-13

“Pearson’s Candy Co. is looking to add 35 to 40 full-time jobs as the candymaker moves production of its newly acquired Bit-O-Honey line to St. Paul.”
St. Paul Pioneer Press
11-15-13

“Thanks to a recent influx of upscale candy stores, the West Village is fast turning into a real-life Willy Wonka Land… In the past seven months alone, more than three sugar-centric shops…have opened on Bleecker Street near Seventh Avenue, with even more expected in the neighborhood next year.”
Crain’s New York Business
11-14-13

“Thanks to a recent influx of upscale candy stores, the West Village is fast turning into a real-life Willy Wonka Land…. In the past seven months alone, more than three sugar-centric shops…have opened on Bleecker Street near Seventh Avenue, with even more expected in the neighborhood next year.”
Crain’s New York Business
11-14-13

“Kailua-based Madre Chocolate has opened its second Hawaii location, in Honolulu’s Chinatown, and has big plans for the new year.”
American City Business Journals
11-14-13

“Confectionery dollar sales increased 3.9 percent in the 52 weeks ending Oct. 6 from the same period a year prior…”
Candy & Snack Today
11-7-13

“The $10 million investment primarily involves the facility’s current expansion of its Twix production lines, which is scheduled to be completed by December 2014 and is expected to create four new part-time positions, according to a Mars Chocolate document.”
Chattanooga Times Free Press
11-6-13

“Inventure invests in Indiana snack plant.”
Food Business News
10-31-13

“Seattle Chocolate expands line, distribution.”
Candy & Snack Today
10-31-13

“The Chattanooga area makes up a big piece of a pie for the state’s candy sector, which has added hundreds of jobs across the state, and invested $127.7 million in new production since 2011, according to Tennessee Department of Economic and Community Development.”
Chattanooga Times Free Press
10-31-13

“Mars announced a $74 million expansion in 2013 to its 650,000-square-foot Cleveland plant, which is the biggest manufacturer of M&M’s in the world.  And McKee Foods made headlines when it bought Drake’s Cakes and added about 300 jobs in Collegedale. That company has hired nearly 800 workers since Nov. 2012.”
Chattanooga Times Free Press
10-31-13

“Halloween candy sales have a lot in common with Willy Wonka’s everlasting gobstoppers. Despite war, financial crises, stock market slumps, hurricanes and dental bills, they never seem to shrink.”
MarketWatch
10-31-13

“[Fran’s Chocolates] growth is at a steady 10 percent year over year, with this past summer seeing a 20 percent bump in retail.”
Puget Sound Business Journal
10-29-31

“Chocolate maker Bissinger’s secured $1.5 million in financing for the renovation of its new headquarters in north St. Louis.”
St. Louis Post-Dispatch
10-25-13

“Hershey’s profit jumps 32% as sales volume rises.”
Wall Street Journal
10-24-13

“France’s leading private label chocolate maker Cémoi sees little growth in the European chocolate market and hopes instead to promote its branded goods in Asia and in the developing US private label market.”
ConfectioneryNews.com
10-17-13

“O’Hara Township-based TruFood Manufacturing is expanding into a second facility, adding at least 100 jobs.”
Pittsburgh Business Times
10-16-13

“The Grand Rapids area churns out billions of cereal and snack food bars a year, along with products such as Cracker Jack, Bear Naked granola, Pop-Tarts, Rice Krispies Treats, Multi Grain Cheerios Peanut Butter cereal, Kashi brand granola and nut bars, Ralston snack mixes and confections under The Hershey Co. brand, such as Zagnut, Reese’s Crispy Crunchy, Mr. Goodbar and Cookies ‘n’ Crème.”
Crain’s Detroit Business
9-8-13