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Necco

Necco (or NECCO /ˈnɛk/ NEK-oh) was an American manufacturer of candy created in 1901 as the New England Confectionery Company through the merger of several small confectionery companies located in the Greater Boston area, with ancestral companies dating back to the 1840s.

In May 2018, Necco was sold for $17.33 million to Round Hill Investments LLC, run by billionaire C. Dean Metropoulos; Round Hill Investments then went into a bankruptcy auction, with Spangler Candy Company being the winning bidder.

The company was best known for its namesake candy, Necco Wafers (originally called "Hub Wafers") dating back to 1847. Other prominent products have included its seasonal Sweethearts Conversation Hearts, and brands such as the Clark Bar, Haviland Thin Mints and Sky Bar.

Necco dated its origins to Chase and Company, a company founded by brothers Oliver R. and Silas Edwin Chase in 1847. Having previously invented and patented the first American candy machine, the Chase brothers continued to design and create machinery that made assortments of candies, such as their popular sugar wafers.

Two other confectionery companies, Ball and Fobes, founded by confectioner Daniel Fobes in 1848, and Bird, Wright and Company, a confectionery company based in Boston and founded in 1856, joined forces with Chase and Company in 1901 to become the three members of the original Necco family. The three confectionery firms then moved into a newly constructed manufacturing plant in the Fort PointSouth Boston Waterfront area of Boston, Massachusetts, one year later and became the largest establishment devoted entirely to confectionery production in the United States.

The Boston Wharf Company developed the 1902 complex of four five-story buildings at 253 Summer Street and 11-37 Melcher Street. BWC named the adjacent streets Necco Court, Necco Street, and Necco Place. In 1907, 5 and 6 Necco Court were added behind the existing complex, connected by a four-story interior bridge. With nearby rail and water transportation, BWC specialized in shipment and storage of sugar and molasses. The Domino Sugar factory was also located nearby.

Success prompted the company, in 1906, to introduce a profit sharing plan. Necco continued its production while the confectionery industry continued to boom through the turn of the century. Around the same time, businessman David L. Clark began experimenting with his own candy creations in his home outside of Pittsburgh, Pennsylvania. He began selling the Clark candy bar for five cents and shipping his creation to soldiers fighting in World War I. At the same time, Charles Miller started a business manufacturing and selling homemade candy in the Boston area. Clark's creation and Miller's Mary Jane quickly become two of the most popular candy creations in the country.

In 1927, Necco moved into a new factory on Massachusetts Avenue in Cambridge, which was then the largest factory in the world devoted entirely to candy, as seen in a photograph of a 1928 Necco Wafers truck.

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