layoff | Candy Industry

Items Tagged with 'layoff'

ARTICLES

NECCO set for bankruptcy auction

Massachusetts bankruptcy judge sets auction for May 23 despite purchase negotiations with Boston investment firm.

Alyse Thompson

May 8, 2018

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The New England Confectionery Co. — NECCO — is headed to auction after a failed attempt by a Boston investment firm to buy the embattled confectionery company.

Former ceo launches fundraising effort to save NECCO

Massachusetts company faces layoffs if it doesn’t find a buyer.

Alyse Thompson

April 18, 2018

No Comments

A past president and ceo of New England Confectionery Co. (NECCO) has launched an initiative to save the Revere, Mass.-based manufacturer, which faces laying off nearly 400 employees if it doesn’t find a buyer.

Candystore.com sees NECCO wafer sales boom after news of potential layoffs breaks

Sales of NECCO wafers went up 63 percent.

Alyse Thompson

April 11, 2018

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Online bulk candy retailer Candystore.com says it has seen a boom in NECCO wafer sales after Revere, Mass.-based New England Confectionery Co. announced in March it could face major layoffs and possible closure if it doesn’t find a buyer.

NECCO seeking buyer, facing major layoffs

Massachusetts-based company could lay off 395 employees if the company is not sold by May 6.

Alyse Thompson

March 28, 2018

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The Boston Globe, the Shelby Report and other sources reported NECCO CEO Michael McGee told Massachusetts and Revere officials in a March 6 letter that the 171-year-old company has been in negotiations with potential buyers.

Closure

Ferrara Candy closes Chattanooga plant

Candy company plans to consolidate production, lays off manufacturing workers at plant.

Kelsey Ott

October 6, 2014

No Comments

Ferrara Candy Co. announced another closure last month, this time affecting its Chattanooga location.

From grandma’s kitchen to Amy’s Candy Bar

A corporate layoff prompts Amy Hansen to pursue her real passion — baking — which leads to opening up a one-of-a-kind sweets shop.

November 14, 2012

3 Comments

Blame it on Grandmother Geraldine. That’s where Amy Hansen learned her love for baking, which eventually led to candy making.

On Demand Confectionery industry experts weigh in on the state of the candy industry, which has gone through the most massive shift in recent memory after grappling with COVID-19. While confectionery as a whole proved to be “pandemic proof,” not every individual category fared so well. Experts will share the insights they’ve gleaned over the last year, while also offering predictions on what’s to come.

To celebrate the 75th year of this prestigious award, we invite you to join us for an evening reception honoring its rich heritage and to celebrate the nominees and winner of the 2022 Kettle Award.

Items Tagged with 'layoff'

ARTICLES

NECCO set for bankruptcy auction

Former ceo launches fundraising effort to save NECCO

Candystore.com sees NECCO wafer sales boom after news of potential layoffs breaks

NECCO seeking buyer, facing major layoffs

Ferrara Candy closes Chattanooga plant

From grandma’s kitchen to Amy’s Candy Bar

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