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Tootsie Roll Industries, Inc.

Tootsie Roll Industries, Inc.

food
Chicago, IL · TR · Public
Tootsie Roll Industries is trading at a full valuation (~20x EV/EBITDA) with limited growth drivers and negative volume trends, despite recent institutional buying interest from JPMorgan and SG Americas. The company relies heavily on legacy brands with minimal R&D investment and no meaningful M&A activity.

Tootsie Roll Industries, Inc. is a long-standing confectionery business that produces and markets a wide variety of sweet treats. Its operations extend across the United States, Canada, Mexico, and numerous other countries worldwide. The company is renowned for an extensive lineup of popular brands, such as Tootsie Roll, Tootsie Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop. To distribute its products, Tootsie Roll utilizes a broad network of sales channels. These include direct sales to wholesale distributors of candy, food, and groceries, as well as major retail outlets like supermarkets, variety stores, dollar stores, chain grocers, drugstores, and discount chains. The company also supplies cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, online merchants, the United States military, and charitable fundraising groups, often facilitated by food and grocery brokers. Founded in 1896, Tootsie Roll Industries, Inc. is headquartered in Chicago, Illinois.

Employees
2,300
Mfg Plants
6
All Facilities
8
Activity
3/10
Type
Public

Plant Locations (8 mapped)

TR Stock Price

Manufacturing Plants (6)

Fleer Española SL — Olesa de Bonesvalls Plant
Olesa de Bonesvalls (Barcelona), ES
European subsidiary of Tootsie Roll since 2014; produces Dubble Bubble gum, Clix, Fluffy Stuff, Tootsie Roll confections, and pharmaceutical chewing gum
Cambridge Brands Inc. — Junior Mints Factory
Cambridge, MA
Produces Junior Mints (14M/day), Sugar Babies, Charleston Chews, Junior Caramels, Mini Bites; longest-running candy plant in Cambridge
Tootsie Roll de Mexico — Mexico City Plant
Mexico City, MX
Produces Tutsi Pop (Tootsie Pop equivalent) and other candies for Mexican market and export to US/Canada; subsidiary established in late 1960s
Concord Confections — Vaughan/Concord Ontario Plant
Vaughan, ON
Canadian subsidiary (Tootsie Roll of Canada ULC); produces Dubble Bubble gum, Cry Baby, Razzles, Nik-L-Nip wax bottles; two production facilities acquired 2004
Charms LLC — Covington Plant
Covington, TN
Charms subsidiary; produces Blow Pops, Sour Balls, Fluffy Stuff cotton candy, Caramel Apple Pops, Sugar Daddy; $97.7M expansion announced 2025; operational since 1973
Andes Candies LLC — Delavan Plant
Delavan, WI
Produces Andes Creme de Menthe Thins and boxed chocolate line; ~161,000 sq ft facility built 1971; acquired by Tootsie Roll 2000

Other Facilities (2)

Hazle Township Distribution Center
Hazle Township, PA · distribution
~240,000 sq ft distribution facility in Humboldt Industrial Park; serves eastern US; operational since ~2009
Chicago HQ & Main Manufacturing Plant
Chicago, IL · hq
Corporate headquarters and primary production facility; makes Tootsie Rolls, Tootsie Pops, DOTS, and other core brands; 65M+ pieces/day output