Austin American-Statesman

Maker of candy hearts, Necco Wafers sold at auction

- By William J. Kole Necco

The 171-year-old candy maker known for its chalky Necco Wafers and those little inscribed hearts that are everywhere on Valentine’s Day was sold in bankruptcy court Wednesday.

The Ohio-based Spangler Candy Co. had the winning $18.83 million bid for the New England Confection­ery Co., or Necco, at a federal bankruptcy auction in Boston.

The deal from the company that makes Dum Dums lollipops will most likely ensure a future, at least in the short term, for some of the nation’s most familiar candies.

“They’re a crowd favorite,” said Chris Baker, who sells Necco candies at his Old Country Store & Emporium in Mansfield, Massachuse­tts. “I like to see our traditions continue. Anytime we lose one, it’s a loss for all of us. And this is something that everybody’s had a million times.”

Necco’s court-appointed bankruptcy trustee, Harry Murphy, said the company’s suitors were mainly interested in its “sugar line” — its tubes of wafers, sheets of candy dots, and the conversati­on hearts popular on Valentine’s Day for phrases such as BE MINE.

The future of Necco’s other products — including the chocolate Sky Bar, the Clark Bar and peanut butter-flavored Mary Jane chews — remains unclear, he said. The company would continue to be run out of its longtime headquarte­rs in Revere, just north of Boston.

Necco, which calls itself the oldest continuous­ly operating candy company in the U.S., couldn’t keep pace with multinatio­nal competitor­s.

In March, it announced it would close its plant and lay off hundreds of workers if it couldn’t find a buyer. Last month, it filed Chapter 11 bankruptcy protection, saying it owed creditors millions.

Complicati­ng matters, the Food and Drug Administra­tion warned Necco on May 16 that its inspectors found rodent excrement “too

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