Necco Factory Suddenly Shuts Down

REVERE, MA – Despite being sold at a bankruptcy auction nearly two months ago, candy manufacturer Necco's Revere factory shut down unexpectedly Tuesday. An employee told the Boston Globe Necco CEO Michael McGee met with workers Tuesday afternoon and said the company would close "effective immediately." Workers were also told they could pick up their final paychecks on Friday.

Round Hill Investments, which bought Necco in late May before selling it to an undisclosed buyer, confirmed the plant's closure to the Globe. It did not comment on whether the new buyer would resume candy production.

Necco employed about 230 workers at its Revere factory and claimed to be the longest continuously operating candy company in the United States, best known for making Valentine's Day candy hearts and Necco wafers. But the company struggled to keep up with rising rents in Revere and announced in March it would shut down its headquarters if it couldn't find a buyer.

Necco filed for bankruptcy the following month.

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