Food companies are among a large group of businesses that are stepping up to hire displaced New England Confectionery Co. (NECCO) workers after the company’s plant in Revere, Massachusetts, abruptly shut down operations on Tuesday, July 24. The plant’s nearly 230 workers were told to report on Friday, July 27, for their last paycheck and […]
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NECCO Reportedly Facing Bankruptcy Auction May 23
Revere, Massachusetts-based New England Confectionery Co., or NECCO, reportedly is facing a bankruptcy auction on May 23. The Boston Globe reported that Boston liquidator Gordon Brothers plans to commit to operate the company through November if it has the winning bid at auction. To qualify, cash bids must be at least $13.9 million and be filed by […]