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Necco

January 01, 1970

Not to be confused with Northern Essex Community College.

Necco (or NECCO /ˈnɛkoʊ/ NEK-oh) was an American manufacturer of candy created in 1901 as the New England Confectionery Company through the merger of several small confectionery companies located in the Greater Boston area, with ancestral companies dating back to the 1840s.

Necco
Company typePrivate company
IndustryConfectionery
PredecessorChase and Company, Ball and Fobes, Bird, Wright and Company
Founded1847
DefunctJuly 2018
FateOperations halted
Headquarters
Revere, Massachusetts
ProductsNecco Wafers, Sweethearts, Clark Bar and Haviland Thin Mints, among others
Number of employees
483 (as of March 2011)[1]

In May 2018, Necco was sold for $17.33 million to Round Hill Investments LLC, run by billionaire C. Dean Metropoulos; Round Hill Investments then went into a bankruptcy auction, with Spangler Candy Company being the winning bidder.[2][3]

The company was best known for its namesake candy, Necco Wafers (originally called "Hub Wafers") dating back to 1847. Other prominent products have included its seasonal Sweethearts Conversation Hearts, and brands such as the Clark Bar, Haviland Thin Mints and Sky Bar.[4]

History edit

Formation edit

Necco dated its origins to Chase and Company, a company founded by brothers Oliver R. and Silas Edwin Chase in 1847.[5] Having previously invented and patented the first American candy machine,[4] the Chase brothers continued to design and create machinery that made assortments of candies, such as their popular sugar wafers.

1900s edit

 
The Necco complex in South Boston which had a sign on the roof of the factory reading, "New England Confectionery Co.", as seen from across the Fort Point Channel, c. 1902–1907

Two other confectionery companies, Ball and Fobes, founded by confectioner Daniel Fobes in 1848, and Bird, Wright and Company, a confectionery company based in Boston and founded in 1856, joined forces with Chase and Company in 1901 to become the three members of the original Necco family.[5] The three confectionery firms then moved into a newly constructed manufacturing plant in the Fort Point–South Boston Waterfront area of Boston, Massachusetts, one year later and became the largest establishment devoted entirely to confectionery production in the United States.[6][7]

The Boston Wharf Company developed the 1902 complex of four five-story buildings at 253 Summer Street and 11-37 Melcher Street. BWC named the adjacent streets Necco Court, Necco Street, and Necco Place.[8] In 1907, 5 and 6 Necco Court were added behind the existing complex, connected by a four-story interior bridge. With nearby rail and water transportation, BWC specialized in shipment and storage of sugar and molasses. The Domino Sugar factory was also located nearby.

Success prompted the company, in 1906, to introduce a profit sharing plan.[4] Necco continued its production while the confectionery industry continued to boom through the turn of the century. Around the same time, businessman David L. Clark began experimenting with his own candy creations in his home outside of Pittsburgh, Pennsylvania. He began selling the Clark candy bar for five cents and shipping his creation to soldiers fighting in World War I.[5] At the same time, Charles Miller started a business manufacturing and selling homemade candy in the Boston area. Clark's creation and Miller's Mary Jane quickly become two of the most popular candy creations in the country.[7]

 
Former Necco factory on Mass. Ave. in Cambridge, Massachusetts, featuring a water tower painted to look like a roll of Necco Wafers.

In 1927, Necco moved into a new factory on Massachusetts Avenue in Cambridge, which was then the largest factory in the world devoted entirely to candy, as seen in a photograph of a 1928 Necco Wafers truck.[4][5]

Necco continued its dominance of the candy-manufacturing business through much of the first half of the 20th century. In 1942, the U.S. Government requisitioned a "major portion of the production of the wafers, during World War II since the candy doesn't melt and is 'practically indestructible' during transit,"[4] This continued until 1945.[7]

For several years, Necco was the first, and exclusive, licensed distributor of Rolo candy in the US.[9] After losing the license to Hershey, for a time Necco marketed an identical product called "Milk Chocolate Caramel Roll".

Necco, still a family-run business in 1963 but having financial problems, was acquired by United Industrial Syndicate of New York. In 1978, after several reorganizations and seven company presidents, Domenic Antonellis was named its CEO,[6] a role he would play for nearly 30 years.[10]

From the end of the war through the 1990s, Necco continued to acquire small candy companies throughout the United States and Europe, and with those companies, the rights to manufacture their trademarked candy bars. It acquired nearby Page & Shaw in 1960. Wisconsin's Stark Candy Company, which was founded in 1939, was acquired in 1988.[11] The acquisition of Stark's Sweethearts, combined with Necco's existing Sweet Talk line of candies, made Necco the leading manufacturer of candy "conversation" hearts. In 1999, Pittsburgh-based Clark Bar America, Inc. was purchased,[5] and by 2000 the company had 1200 employees.[4]

2000s edit

 
Necco's Sweethearts as of 2011
 
Banana Split chews
 
Necco Wafers

In 2003, Necco consolidated its facilities to share a 52-acre (210,000 m2), 810,000-square-foot (75,000 m2) Revere, Massachusetts, plant and warehouse, where its international headquarters resides to this day.[4][12] The site employed more than 700 workers.[1]

Since April 2004, the Necco building at 250 Massachusetts Ave in Cambridge has been occupied by the Novartis Institutes for Biomedical Research. The water tower was repainted with a double helix to represent the biomedical research being performed within.[13] In 2005, the structure, which is still referred to as the Necco candy factory, was added to the U.S. National Register of Historic Places.[14]

By 2005, the company's annual revenue was around $100 million, at which level it was to remain for several years.[10]

In December 2007,[15] a buyout of Necco was orchestrated by the private equity fund American Capital Strategies (in partnership with Clear Creek Capital and Domenic Antonellis, the company's CEO).[10][16] Necco announced the closure of its Pewaukee, Wisconsin, plant in March 2008.[11] In August 2008, Necco replaced its CEO with Richard Krause, a former Procter & Gamble executive, who in February 2009 announced plans to "expand its brand now in the U.S. so it can expand globally later", aiming for a 30% growth in revenue by 2011.[10]

In November 2010, Necco was listed for sale with a New York broker; although by February 2011, American Capital announced that the sale was off for the time being.[1]

In July 2013, United Service Organizations sued Necco in U.S. District Court for continuing to use their trademarks after their 2009 marketing deal had expired.[17] In February 2014, the case (1:13-cv-11754) was dismissed due to an out of court settlement.

Company tax breaks edit

The 2011 news that the company was no longer for sale was accompanied by reports that the company had supplied the city of Revere with five years' worth of overdue reports required as part of a tax increment financing (TIF) deal the company had received from the city; those reports "seemed to indicate that Necco has—for several years—not created the jobs they promised in the TIF agreement"; as of March 2011 Necco employed 483 people, including 30 Revere residents.[1] The company's failure to meet the terms of its TIF agreement led the Massachusetts Economic Assistance Coordinating Council to decertify Necco's participation in the economic development program that administers the agreement.[18] With the support of Revere's mayor, the city council voted to maintain the tax break, which saves the company $300,000, reducing their annual property taxes to $750,000.[18] At one city hearing, Miles Arnone, a managing director of American Capital,[19] had a heated exchange with city council member George Rotondo (who was running for mayor).[20] Arnone was upset about being forced to talk about Necco's health "when you're down 30 percent"; the public exposure of the issue was raising concerns from large customers of Necco such as CVS Pharmacy and Target.[18]

Sale and closure edit

In May 2017, it was announced that the Revere complex containing the company headquarters and major manufacturing center had been sold for $54 million to Massachusetts real estate developers Atlantic Management and VMD Companies. The complex was leased to Necco until the end of August 2018.[21]

In March 2018, chief executive Michael McGee announced that, unless a buyer for the company could be found, most of Necco's workforce could be laid off as early as May 6, 2018. With a workforce of approximately 500, Necco was the largest employer in Revere at the time.[22] Online sales of Necco Wafers and other products subsequently spiked, with buyers concerned that the candy would be discontinued, some even offering to sell a car for Necco Wafers.[23][24][25][26]

On May 16, 2018, the U.S. Food and Drug Administration (FDA) found serious violations of the current Good Manufacturing Practice, Hazard Analysis, and Risk-Based Preventive Controls for Human Food regulation. The violations included significant evidence of rodent activity and insanitary conditions throughout the facility.[27] This was the fifth citation for rodent infestation.[28]

The assets of Necco were sold in a bankruptcy auction in May, 2018, with Spangler Candy Company having the winning bid of $18.83 million.[29] However, Spangler backed out of the transaction and the company was instead sold for $17.33 million to Round Hill Investments, owned by billionaire C. Dean Metropoulos.[30] They briefly operated the candy manufacturer under the name of Sweethearts, LLC.

Two months later, in July, Round Hill Investments announced the immediate closure of Necco's Revere facility following the sale of Necco to an unnamed candy manufacturer, citing "sanitation issues" it claimed it was previously unaware of.[31][2] About 230 workers were laid off when the Revere plant closed. At the time, Necco was the oldest candy company in the United States.[32] In July 2018, Necco workers were reportedly in high demand by other companies.[33] The purchaser was subsequently identified as the Spangler Candy Company, who had backed out of the purchase months earlier.[3] They planned to restart manufacture of Necco wafers, Sweethearts and Canada Mints, but other Necco-owned brands would not be retained. The Clark Bar was sold in early September to Boyer Candy Company,[34] while other brands and equipment were disbursed at auction at the end of September.[35] Candy buttons were bought by Doscher's Candies,[36] and Banana Split and Mint Julep chews along with Slap Stix lollipops went to the Reading, Pennsylvania-based Mega Candy Co.[37][38] Haviland Thin Mints and Mighty Malt Milk Balls were sold to Minnesota-based Log House Food.[39] Equipment and foodstock were disbursed internationally.[38] Some unclaimed brands, such as Sky Bar, were later sold in online auctions,[40] while Mary Jane candies, unsold at auction, were licensed by Spangler to Atkinson Candy Company of Lufkin, Texas.[41]

In October 2019, it was announced that the Revere complex would be leased to Amazon for use as a distribution center.[42]

Brands edit

The Haviland division of Necco produced many candies such as Haviland Thin Mints, Bridge Mix, and others.

References edit

  1. ^ a b c d Seth Daniel (March 16, 2011). "Company Not for Sale ... for Now at Least". Revere Journal. Retrieved February 13, 2012.
  2. ^ a b "Revere's Necco plant shuts down abruptly, is sold". The Boston Globe. July 24, 2018. Retrieved July 24, 2018 – via Boston.com.
  3. ^ a b Morgan, Richard (September 25, 2018). "'Mystery buyer' of Necco wafers and Sweethearts revealed". New York Post. Retrieved October 6, 2018.
  4. ^ a b c d e f g Capuano, Michael E. (Spring 2000). "New England Confectionery Company". Local Legacies. Library of Congress. Retrieved March 12, 2008.
  5. ^ a b c d e . Necco. Archived from the original on January 11, 2006. Retrieved March 13, 2008.
  6. ^ a b Jo Ann Augeri Silva (March 1, 2004). "Sweet setup: Relocation and expansion define Necco". American City Business Journals. Retrieved February 13, 2012.
  7. ^ a b c Kimmerle, Beth (2001). Candy: The Sweet History. Collectors Press, Inc. ISBN 9781888054835. Retrieved March 13, 2008.
  8. ^ Necco Place is marked on Google Maps as Necco Court, but see: City of Boston Fort Point Channel District Map April 20, 2013, at the Wayback Machine
  9. ^ Liebig, Jason (June 5, 2012). "Our Big Rolo Roundup! 75 Years of Rolo!".
  10. ^ a b c d "162-year-old Necco has change of heart". NBC News. Associated Press. February 4, 2009. Retrieved February 13, 2012.
  11. ^ a b "Pewaukee heartbreaker". Journal Sentinel. March 7, 2008. Retrieved February 13, 2012.
  12. ^ "New England Confectionery Co. — Company History". FundingUniverse. Retrieved June 9, 2010.
  13. ^ . Archived from the original on November 22, 2014.
  14. ^ Aoki, Naomi (July 9, 2003). "Candy coated: Power-cleaning clears way for labs at old Necco factory". The Boston Globe. p. C1 – via rath.us.
  15. ^ American Capital Invests in the One Stop Buyout of NECCO, a December 28, 2007 press release from the American Capital website December 28, 2008, at the Wayback Machine
  16. ^ "Necco to close Stark Candy plant in Pewaukee". American City Business Journals. March 6, 2007. Retrieved February 13, 2012.
  17. ^ . Archived from the original on January 7, 2014. Retrieved July 27, 2013.
  18. ^ a b c Seth Daniel (July 27, 2011). "Council Votes to Maintain Candy Company's Tax Break". Revere Journal. Retrieved February 13, 2012.
  19. ^ . American Capital. Archived from the original on December 8, 2011. Retrieved February 13, 2012.
  20. ^ "George Rotondo: We Are Sure to Hear from Him Again". Revere Journal. November 16, 2011.
  21. ^ Daniel, Seth; Woodcock, Sue (May 5, 2017). . Revere Journal. Archived from the original on March 31, 2018. Retrieved April 10, 2018.
  22. ^ Conti, Katheleen (March 12, 2018). "Not so sweet: Necco employees may face layoffs". The Boston Globe. Retrieved April 7, 2018.
  23. ^ Eltagouri, Marwa (April 9, 2018). "One of America's least-favorite candies is suddenly its most sought after. Here's why". The Washington Post. Retrieved April 7, 2018.
  24. ^ Zhao, Helen (April 12, 2018). "Speculators hoard Necco Wafers before candymaker's possible closure". CNBC. Retrieved April 7, 2018.
  25. ^ Robbins, Clair (March 28, 2018). "The Great Necco Wafer Panic". Retrieved March 28, 2018.
  26. ^ Clarke, John (April 8, 2018). "For Candy Fans, the Only Thing Worse Than Necco Wafers Is No Necco Wafers". The Wall Street Journal. Retrieved April 7, 2018.
  27. ^ "New England Confectionery Company, Inc. - 545899 - 05/16/2018". Food and Drug Administration. December 20, 2019.
  28. ^ "FDA cites candy maker NECCO for filth, rodent infestation". May 29, 2018.
  29. ^ Kole, William J. (May 23, 2018). . Time. Archived from the original on June 1, 2018. Retrieved May 23, 2018 – via Wayback Machine. {{cite magazine}}: Unknown parameter |agency= ignored (help)
  30. ^ Conti, Katheleen (June 1, 2018). . The Boston Globe. Archived from the original on June 2, 2018. Retrieved June 2, 2018.
  31. ^ Peg Brickley; Patrick Fitzgerald (July 26, 2018). "New Owner Sells Candy Maker Necco After Deal Turns Sour". The Wall Street Journal. ISSN 0099-9660. Wikidata Q114385859. Retrieved October 3, 2022.
  32. ^ , Reuters, July 26, 2018, archived from the original on July 31, 2018, retrieved July 31, 2018
  33. ^ Hagan, Allison (July 30, 2018), "Laid-off Necco workers find themselves in high demand", Boston Globe
  34. ^ "Clark Bar saved from extinction, returning to Pennsylvania". WTAE. AP. September 7, 2018. Retrieved September 7, 2018.
  35. ^ "Necco Equipment, Candy Brands Up For Auction". WBZ. September 26, 2018.
  36. ^ Brownfield, Andy (September 27, 2018). "Cincinnati candy company acquires childhood favorite". Cincinnati Business Courier.
  37. ^ Chesto, Kon (September 28, 2018). "Two more Necco brands sold". Boston Globe.
  38. ^ a b Edgar B. Herwick III (December 5, 2018). "A Splintered NECCO Forges A Future Around The World, Just Not In Revere". WGBH News.
  39. ^ Aimee Tucker (January 1, 2019). "Necco Wafers : The History (and Sad Demise) of America's Oldest Candy". New England Food Today.
  40. ^ Staff Writer (January 27, 2019). "Iconic candy Sky Bar, once thought gone forever, is coming back". WMUR-TV. Associated Press. Retrieved January 28, 2019.
  41. ^ "Atkinson to produce Mary Jane candies under agreement with Spangler Candy". candyindustry.com. Candy Industry. October 16, 2019. Retrieved May 31, 2020.
  42. ^ Gavin, Christopher (October 18, 2019). "Amazon will move into the former Necco factory in Revere, mayor says". Boston.com. Retrieved October 18, 2019.

External links edit

 
Wikimedia Commons has media related to New England Confectionery Company.
  • Official website July 30, 2018, at the Wayback Machine
  • Company profile on Library of Congress website
  • National Confectioner's Association website
  • Necco wafers at the South Pole (early 20th century)

January 01, 1970
necco, confused, with, northern, essex, community, college, necco, american, manufacturer, candy, created, 1901, england, confectionery, company, through, merger, several, small, confectionery, companies, located, greater, boston, area, with, ancestral, compan. Not to be confused with Northern Essex Community College Necco or NECCO ˈ n ɛ k oʊ NEK oh was an American manufacturer of candy created in 1901 as the New England Confectionery Company through the merger of several small confectionery companies located in the Greater Boston area with ancestral companies dating back to the 1840s NeccoCompany typePrivate companyIndustryConfectioneryPredecessorChase and Company Ball and Fobes Bird Wright and CompanyFounded1847DefunctJuly 2018FateOperations haltedHeadquartersRevere MassachusettsProductsNecco Wafers Sweethearts Clark Bar and Haviland Thin Mints among othersNumber of employees483 as of March 2011 1 In May 2018 Necco was sold for 17 33 million to Round Hill Investments LLC run by billionaire C Dean Metropoulos Round Hill Investments then went into a bankruptcy auction with Spangler Candy Company being the winning bidder 2 3 The company was best known for its namesake candy Necco Wafers originally called Hub Wafers dating back to 1847 Other prominent products have included its seasonal Sweethearts Conversation Hearts and brands such as the Clark Bar Haviland Thin Mints and Sky Bar 4 Contents 1 History 1 1 Formation 1 2 1900s 1 3 2000s 1 4 Company tax breaks 1 5 Sale and closure 2 Brands 3 References 4 External linksHistory editFormation edit Necco dated its origins to Chase and Company a company founded by brothers Oliver R and Silas Edwin Chase in 1847 5 Having previously invented and patented the first American candy machine 4 the Chase brothers continued to design and create machinery that made assortments of candies such as their popular sugar wafers 1900s edit nbsp The Necco complex in South Boston which had a sign on the roof of the factory reading New England Confectionery Co as seen from across the Fort Point Channel c 1902 1907 Two other confectionery companies Ball and Fobes founded by confectioner Daniel Fobes in 1848 and Bird Wright and Company a confectionery company based in Boston and founded in 1856 joined forces with Chase and Company in 1901 to become the three members of the original Necco family 5 The three confectionery firms then moved into a newly constructed manufacturing plant in the Fort Point South Boston Waterfront area of Boston Massachusetts one year later and became the largest establishment devoted entirely to confectionery production in the United States 6 7 The Boston Wharf Company developed the 1902 complex of four five story buildings at 253 Summer Street and 11 37 Melcher Street BWC named the adjacent streets Necco Court Necco Street and Necco Place 8 In 1907 5 and 6 Necco Court were added behind the existing complex connected by a four story interior bridge With nearby rail and water transportation BWC specialized in shipment and storage of sugar and molasses The Domino Sugar factory was also located nearby Success prompted the company in 1906 to introduce a profit sharing plan 4 Necco continued its production while the confectionery industry continued to boom through the turn of the century Around the same time businessman David L Clark began experimenting with his own candy creations in his home outside of Pittsburgh Pennsylvania He began selling the Clark candy bar for five cents and shipping his creation to soldiers fighting in World War I 5 At the same time Charles Miller started a business manufacturing and selling homemade candy in the Boston area Clark s creation and Miller s Mary Jane quickly become two of the most popular candy creations in the country 7 nbsp Former Necco factory on Mass Ave in Cambridge Massachusetts featuring a water tower painted to look like a roll of Necco Wafers In 1927 Necco moved into a new factory on Massachusetts Avenue in Cambridge which was then the largest factory in the world devoted entirely to candy as seen in a photograph of a 1928 Necco Wafers truck 4 5 Necco continued its dominance of the candy manufacturing business through much of the first half of the 20th century In 1942 the U S Government requisitioned a major portion of the production of the wafers during World War II since the candy doesn t melt and is practically indestructible during transit 4 This continued until 1945 7 For several years Necco was the first and exclusive licensed distributor of Rolo candy in the US 9 After losing the license to Hershey for a time Necco marketed an identical product called Milk Chocolate Caramel Roll Necco still a family run business in 1963 but having financial problems was acquired by United Industrial Syndicate of New York In 1978 after several reorganizations and seven company presidents Domenic Antonellis was named its CEO 6 a role he would play for nearly 30 years 10 From the end of the war through the 1990s Necco continued to acquire small candy companies throughout the United States and Europe and with those companies the rights to manufacture their trademarked candy bars It acquired nearby Page amp Shaw in 1960 Wisconsin s Stark Candy Company which was founded in 1939 was acquired in 1988 11 The acquisition of Stark s Sweethearts combined with Necco s existing Sweet Talk line of candies made Necco the leading manufacturer of candy conversation hearts In 1999 Pittsburgh based Clark Bar America Inc was purchased 5 and by 2000 the company had 1200 employees 4 2000s edit nbsp Necco s Sweethearts as of 2011 nbsp Banana Split chews nbsp Necco Wafers In 2003 Necco consolidated its facilities to share a 52 acre 210 000 m2 810 000 square foot 75 000 m2 Revere Massachusetts plant and warehouse where its international headquarters resides to this day 4 12 The site employed more than 700 workers 1 Since April 2004 the Necco building at 250 Massachusetts Ave in Cambridge has been occupied by the Novartis Institutes for Biomedical Research The water tower was repainted with a double helix to represent the biomedical research being performed within 13 In 2005 the structure which is still referred to as the Necco candy factory was added to the U S National Register of Historic Places 14 By 2005 the company s annual revenue was around 100 million at which level it was to remain for several years 10 In December 2007 15 a buyout of Necco was orchestrated by the private equity fund American Capital Strategies in partnership with Clear Creek Capital and Domenic Antonellis the company s CEO 10 16 Necco announced the closure of its Pewaukee Wisconsin plant in March 2008 11 In August 2008 Necco replaced its CEO with Richard Krause a former Procter amp Gamble executive who in February 2009 announced plans to expand its brand now in the U S so it can expand globally later aiming for a 30 growth in revenue by 2011 10 In November 2010 Necco was listed for sale with a New York broker although by February 2011 American Capital announced that the sale was off for the time being 1 In July 2013 United Service Organizations sued Necco in U S District Court for continuing to use their trademarks after their 2009 marketing deal had expired 17 In February 2014 the case 1 13 cv 11754 was dismissed due to an out of court settlement Company tax breaks edit The 2011 news that the company was no longer for sale was accompanied by reports that the company had supplied the city of Revere with five years worth of overdue reports required as part of a tax increment financing TIF deal the company had received from the city those reports seemed to indicate that Necco has for several years not created the jobs they promised in the TIF agreement as of March 2011 Necco employed 483 people including 30 Revere residents 1 The company s failure to meet the terms of its TIF agreement led the Massachusetts Economic Assistance Coordinating Council to decertify Necco s participation in the economic development program that administers the agreement 18 With the support of Revere s mayor the city council voted to maintain the tax break which saves the company 300 000 reducing their annual property taxes to 750 000 18 At one city hearing Miles Arnone a managing director of American Capital 19 had a heated exchange with city council member George Rotondo who was running for mayor 20 Arnone was upset about being forced to talk about Necco s health when you re down 30 percent the public exposure of the issue was raising concerns from large customers of Necco such as CVS Pharmacy and Target 18 Sale and closure edit In May 2017 it was announced that the Revere complex containing the company headquarters and major manufacturing center had been sold for 54 million to Massachusetts real estate developers Atlantic Management and VMD Companies The complex was leased to Necco until the end of August 2018 21 In March 2018 chief executive Michael McGee announced that unless a buyer for the company could be found most of Necco s workforce could be laid off as early as May 6 2018 With a workforce of approximately 500 Necco was the largest employer in Revere at the time 22 Online sales of Necco Wafers and other products subsequently spiked with buyers concerned that the candy would be discontinued some even offering to sell a car for Necco Wafers 23 24 25 26 On May 16 2018 the U S Food and Drug Administration FDA found serious violations of the current Good Manufacturing Practice Hazard Analysis and Risk Based Preventive Controls for Human Food regulation The violations included significant evidence of rodent activity and insanitary conditions throughout the facility 27 This was the fifth citation for rodent infestation 28 The assets of Necco were sold in a bankruptcy auction in May 2018 with Spangler Candy Company having the winning bid of 18 83 million 29 However Spangler backed out of the transaction and the company was instead sold for 17 33 million to Round Hill Investments owned by billionaire C Dean Metropoulos 30 They briefly operated the candy manufacturer under the name of Sweethearts LLC Two months later in July Round Hill Investments announced the immediate closure of Necco s Revere facility following the sale of Necco to an unnamed candy manufacturer citing sanitation issues it claimed it was previously unaware of 31 2 About 230 workers were laid off when the Revere plant closed At the time Necco was the oldest candy company in the United States 32 In July 2018 Necco workers were reportedly in high demand by other companies 33 The purchaser was subsequently identified as the Spangler Candy Company who had backed out of the purchase months earlier 3 They planned to restart manufacture of Necco wafers Sweethearts and Canada Mints but other Necco owned brands would not be retained The Clark Bar was sold in early September to Boyer Candy Company 34 while other brands and equipment were disbursed at auction at the end of September 35 Candy buttons were bought by Doscher s Candies 36 and Banana Split and Mint Julep chews along with Slap Stix lollipops went to the Reading Pennsylvania based Mega Candy Co 37 38 Haviland Thin Mints and Mighty Malt Milk Balls were sold to Minnesota based Log House Food 39 Equipment and foodstock were disbursed internationally 38 Some unclaimed brands such as Sky Bar were later sold in online auctions 40 while Mary Jane candies unsold at auction were licensed by Spangler to Atkinson Candy Company of Lufkin Texas 41 In October 2019 it was announced that the Revere complex would be leased to Amazon for use as a distribution center 42 Brands editBanana Split chews Canada Mints Candy Cupboard amp Masterpieces Candy House Candy Buttons Clark Bar candy bars Kettle Fresh Mary Janes and Mary Jane peanut butter kisses Mint Julep chews Mighty Malts Malted Milk Balls Necco Wafers Peach Blossoms Sky Bar candy bars Slap Stix Squirrel Nut Caramels Squirrel Nut Zippers Stark Candy Raisins Sweethearts Conversation Hearts The Haviland division of Necco produced many candies such as Haviland Thin Mints Bridge Mix and others References edit a b c d Seth Daniel March 16 2011 Company Not for Sale for Now at Least Revere Journal Retrieved February 13 2012 a b Revere s Necco plant shuts down abruptly is sold The Boston Globe July 24 2018 Retrieved July 24 2018 via Boston com a b Morgan Richard September 25 2018 Mystery buyer of Necco wafers and Sweethearts revealed New York Post Retrieved October 6 2018 a b c d e f g Capuano Michael E Spring 2000 New England Confectionery Company Local Legacies Library of Congress Retrieved March 12 2008 a b c d e About Us History Necco Archived from the original on January 11 2006 Retrieved March 13 2008 a b Jo Ann Augeri Silva March 1 2004 Sweet setup Relocation and expansion define Necco American City Business Journals Retrieved February 13 2012 a b c Kimmerle Beth 2001 Candy The Sweet History Collectors Press Inc ISBN 9781888054835 Retrieved March 13 2008 Necco Place is marked on Google Maps as Necco Court but see City of Boston Fort Point Channel District Map Archived April 20 2013 at the Wayback Machine Liebig Jason June 5 2012 Our Big Rolo Roundup 75 Years of Rolo a b c d 162 year old Necco has change of heart NBC News Associated Press February 4 2009 Retrieved February 13 2012 a b Pewaukee heartbreaker Journal Sentinel March 7 2008 Retrieved February 13 2012 New England Confectionery Co Company History FundingUniverse Retrieved June 9 2010 CambridgeHistory org Archived from the original on November 22 2014 Aoki Naomi July 9 2003 Candy coated Power cleaning clears way for labs at old Necco factory The Boston Globe p C1 via rath us American Capital Invests in the One Stop Buyout of NECCO a December 28 2007 press release from the American Capital website Archived December 28 2008 at the Wayback Machine Necco to close Stark Candy plant in Pewaukee American City Business Journals March 6 2007 Retrieved February 13 2012 USO not sweet on NECCO Archived from the original on January 7 2014 Retrieved July 27 2013 a b c Seth Daniel July 27 2011 Council Votes to Maintain Candy Company s Tax Break Revere Journal Retrieved February 13 2012 Miles Arnone American Capital Archived from the original on December 8 2011 Retrieved February 13 2012 George Rotondo We Are Sure to Hear from Him Again Revere Journal November 16 2011 Daniel Seth Woodcock Sue May 5 2017 Sold Necco Plant Sale Price Comes in at 54 6M Revere Journal Archived from the original on March 31 2018 Retrieved April 10 2018 Conti Katheleen March 12 2018 Not so sweet Necco employees may face layoffs The Boston Globe Retrieved April 7 2018 Eltagouri Marwa April 9 2018 One of America s least favorite candies is suddenly its most sought after Here s why The Washington Post Retrieved April 7 2018 Zhao Helen April 12 2018 Speculators hoard Necco Wafers before candymaker s possible closure CNBC Retrieved April 7 2018 Robbins Clair March 28 2018 The Great Necco Wafer Panic Retrieved March 28 2018 Clarke John April 8 2018 For Candy Fans the Only Thing Worse Than Necco Wafers Is No Necco Wafers The Wall Street Journal Retrieved April 7 2018 New England Confectionery Company Inc 545899 05 16 2018 Food and Drug Administration December 20 2019 FDA cites candy maker NECCO for filth rodent infestation May 29 2018 Kole William J May 23 2018 Someone Paid 18 83 Million for Necco Wafers and the Rest of the Company at Auction Time Archived from the original on June 1 2018 Retrieved May 23 2018 via Wayback Machine a href Template Cite magazine html title Template Cite magazine cite magazine a Unknown parameter agency ignored help Conti Katheleen June 1 2018 In a sweet plot twist the owner of Twinkies is Necco s buyer The Boston Globe Archived from the original on June 2 2018 Retrieved June 2 2018 Peg Brickley Patrick Fitzgerald July 26 2018 New Owner Sells Candy Maker Necco After Deal Turns Sour The Wall Street Journal ISSN 0099 9660 Wikidata Q114385859 Retrieved October 3 2022 Factory closure not so sweet for candy workers Reuters July 26 2018 archived from the original on July 31 2018 retrieved July 31 2018 Hagan Allison July 30 2018 Laid off Necco workers find themselves in high demand Boston Globe Clark Bar saved from extinction returning to Pennsylvania WTAE AP September 7 2018 Retrieved September 7 2018 Necco Equipment Candy Brands Up For Auction WBZ September 26 2018 Brownfield Andy September 27 2018 Cincinnati candy company acquires childhood favorite Cincinnati Business Courier Chesto Kon September 28 2018 Two more Necco brands sold Boston Globe a b Edgar B Herwick III December 5 2018 A Splintered NECCO Forges A Future Around The World Just Not In Revere WGBH News Aimee Tucker January 1 2019 Necco Wafers The History and Sad Demise of America s Oldest Candy New England Food Today Staff Writer January 27 2019 Iconic candy Sky Bar once thought gone forever is coming back WMUR TV Associated Press Retrieved January 28 2019 Atkinson to produce Mary Jane candies under agreement with Spangler Candy candyindustry com Candy Industry October 16 2019 Retrieved May 31 2020 Gavin Christopher October 18 2019 Amazon will move into the former Necco factory in Revere mayor says Boston com Retrieved October 18 2019 External links edit nbsp Wikimedia Commons has media related to New England Confectionery Company Official website Archived July 30 2018 at the Wayback Machine Company profile on Library of Congress website National Confectioner s Association website Necco wafers at the South Pole early 20th century Retrieved from https en wikipedia org w index php title Necco amp oldid 1190608264, wikipedia, wiki, book, books, library,

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