Business & Tech
Necco Could Soon Shut Down Revere Headquarters
The maker of everyone's favorite Valentine's Day candy is desperately seeking a buyer.

REVERE, MA — The New England Confectionery Co., otherwise known as Necco, the maker of those sweet, sweet candy hearts, may close its Revere headquarters if the company doesn't sell soon. Necco CEO Michael McGee told city and state officials earlier this month that about 400 workers - which is the vast majority of the Necco workforce - may have to be laid off if a buyer isn't found.
Necco also makes the little Candy Buttons and Clark Bars, among other classic candies. It claims to be the oldest continuously operating candy company in America, opening up shop in 1847. It moved from Cambridge to cheaper Revere in 2003. Last year the company's headquarters were sold for $55 million to developers looking for space for robotics. Necco stuck around the digs, but its lease reportedly expires in August.
Negotiations that would allow Necco to continue operations are "ongoing," McGee said in a letter to Revere Mayor Brian Arrigo. Necco is the largest employer in Revere.
Find out what's happening in Bostonfor free with the latest updates from Patch.
We've got a message for you we'd love to fit on a candy heart: SUBSCRIBE, PLEASE. Find your local Patch here and sign up for free newsletters and real-time alerts.
Image via shutterstock
Find out what's happening in Bostonfor free with the latest updates from Patch.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.