Necco may make its last wafer soon
Despite the fact that candy Conversation Hearts are still the most popular Valentine’s candy in America, the country might be hard pressed to find the beloved candy next February. The Boston Globe just reported that the New England Confectionery Company, also known as Necco, the century-old candymaker, is in dire straits.
Chief executive Michael Gee made a statement on March 6 saying that the company was in ongoing negotiations with potential buyers in an effort to continue operating, but so far, Necco hasn’t had any luck. If the company can’t find a buyer, as many as 395 employees — almost the company’s entire workforce — could be laid off in as little as 60 days.
In 2007, the company was bought out by American Capital Strategies, so this isn’t the first time the company has been in financial trouble. The factory was also downsized in 2003, relocating from Cambridge, Massachusetts, to Revere.
Necco is considered the oldest candy company in America, founded in 1901, but with roots that trace back to 1847. It’s most famous for Necco Wafers and Sweethearts Conversation Hearts. Necco is also the brain behind Mary Janes, Candy House Candy Buttons, Clark Bars and Haviland Thin Mints. In 2010, it produced it’s trillionth Necco Wafer.
Nothing is set in stone, but you might want to stock up on your favorite classic candies, just in case!