NECCO Faces Layoffs, Closing If No Buyer Is Found

New England Confectionery Co. (NECCO), with origins dating back to 1847, has notified the city of Revere, Massachusetts, that it may have to lay off 395 workers and potentially close its manufacturing plant if a buyer can’t be identified by May 6. NECCO has been in ongoing in negotiations with potential buyers to allow the … Continue reading NECCO Faces Layoffs, Closing If No Buyer Is Found