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Tootsie is the kind of Movie with a capital M that they used to make in the 1940s, when they weren't afraid to mix up absurdity with seriousness, social comment with farce, and a little heartfelt tenderness right in there with the laughs.
The company was purchased by the National Biscuit Company (Nabisco, now Kraft Foods) in 1963. The Welch family of products changed hands a few more times, going from Nabisco to Warner-Lambert [in 1988] then to Tootsie in 1993, who makes them to this day.. Tootsie Roll Industries now makes Sugar Babies.