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Grandma's Caramel Corn
Ingredients:

1-1/4 gal. popped corn
1 cup butter
2 cups brown sugar, packed
1/2 cup light corn syrup
1/2 tsp. baking soda
1/2 tsp. vanilla

Instruction:

Spread popped corn in a large shallow pan. Pat in 250F oven to keep. Combine butter, brown sugar, and corn syrup in 2 quart sauce pan. Heat at medium until sugar dissolves. Continue to boil to form a firm ball (248F), about 5 minutes. Remove from heat, stir in soda and syrup (will foam). Pour mixture over warmed corn in a fine stream. Return to oven for 45 minutes, stirring every 15 minutes. Cool and store in airtight containers.

Source: www.foodgeeks.com