Necco Candy Company Plant Abruptly Shuts Down, Fate of Valentine's Day Hearts Unknown

[jmyrlefuller]

https://www.necn.com/news/new-england/Necco-Candy-Company-Shuts-Down-Revere-Massachusetts-Plant-Stuns-More-Than-200-Workers-489089441.html

The owner of the company behind chalky, colorful confections such as Necco Wafers and Sweethearts has unexpectedly shut down operations at its Massachusetts plant and hasn't said if candy production will resume.

The Boston Globe reports Round Hill Investments LLC announced Tuesday it is selling Necco brands to another manufacturer and closing down its Revere plant.

(excerpt)

[thackney]

Round Hill did not identify Necco's new owner.

And the writer of this article wasn't willing to spend 5 seconds on an internet search?

The New England Confectionery Company (Necco), the 171-year-old company that makes Necco wafers and the chalky candy hearts that have become a hallmark of Valentine’s Day, has been acquired by Sweetheart Candy Co. for $17.3 million.

Sweeatheart Candy Co., owned by the Metropoulos family, swooped in to buy the company after another deal with Spangler Candies fell apart earlier this week.

A Sweetheart Deal: Hostess Cupcakes' Savior Buys Maker of Necco Wafers and Candy Hearts
http://fortune.com/2018/06/01/hostess-cupcakes-buys-necco-wafer-candy-hearts-auction/
June 1, 2018

[Suppressed]

And the writer of this article wasn't willing to spend 5 seconds on an internet search?

The New England Confectionery Company (Necco), the 171-year-old company that makes Necco wafers and the chalky candy hearts that have become a hallmark of Valentine’s Day, has been acquired by Sweetheart Candy Co. for $17.3 million.

Sweeatheart Candy Co., owned by the Metropoulos family, swooped in to buy the company after another deal with Spangler Candies fell apart earlier this week.

A Sweetheart Deal: Hostess Cupcakes' Savior Buys Maker of Necco Wafers and Candy Hearts
http://fortune.com/2018/06/01/hostess-cupcakes-buys-necco-wafer-candy-hearts-auction/
June 1, 2018

@thackney

That's old news.  This is an update.  Round Hill was the actual investor, operating under the Sweetheart Candy Co. LLC name.  Now, it turns out that the savior has closed them down. 

https://www.bostonglobe.com/business/2018/07/24/necco-shuts-down-abruptly-sold/0NOi9G7MLIWXy9aZnOM6qJ/story.html

[thackney]

@Suppressed

Thanks for the update!

[Suppressed]

@Suppressed

Thanks for the update!

My pleasure!  I was confused, too, until I found the Boston Globe explanation.