Tootsie Roll Industries, Inc. and its consolidated subsidiaries (the "Company")
have been engaged in the manufacture and sale of confectionery products for over
100 years. This is the only industry segment in which the Company operates and
is its only line of business. The majority of the Company's products are sold
under the registered trademarks TOOTSIE ROLL, TOOTSIE ROLL POPS, CHILD'S PLAY,
CARAMEL APPLE POPS, CHARMS, BLOW-POP, CHARMS MINI POPS, CELLA'S, MASON DOTS,
MASON CROWS, JUNIOR MINTS, CHARLESTON CHEW, SUGAR DADDY, SUGAR BABIES, ANDES,
FLUFFY STUFF, DUBBLE BUBBLE, RAZZLES, CRY BABY and NIK-L-NIP.
The Company's products are marketed in a variety of packages designed to be
suitable for display and sale in different types of retail outlets. They are
sold through approximately 30 candy and grocery brokers and by the Company
itself to approximately 4,000 customers throughout the United States.