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Stock impact report

More secretive than Wonka? Mysteries abound at the biggest candy factory in Mass. [Yahoo! Finance]

Tootsie Roll Industries, Inc. (TR) 
US:NYSE Investor Relations: tootsie.com/financials
Company Research Source: Yahoo! Finance
But the only candy factory in the state that is still mass-producing candy on a national scale is just outside Central Square in Cambridge. It's owned by Tootsie Roll Industries, and it seems like change is afoot in the executive ranks of that company, which has deep ties to Boston. While Tootsie Roll is headquartered in Chicago, the 94-year-old chief executive, Ellen Gordon, has a residence in Wellesley Hills, and she earned a degree from Brandeis University. Her daughter Karen Gordon Mills , who seems poised to take over the CEO spot, was until last year a senior fellow at Harvard Business School, and has maintained a residence in Boston. Mills also served as head of the U.S. Small Business Administration during President Obama's first term. Not surprisingly, the Gordon home in Wellesley Hills was at one time well-known for being a top spot for trick-or-treating. The company's factory in Cambridge is in a building that has made candy since 1908, but Tootsie Roll acquired it i Show less Read more
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