It ’s been a month of ups and Down for fans of candy ship’s company NECCO and its iconic sugary Wafers . In March , The Boston Globereportedthe company is in desperate need of a purchaser and that CEO Michael McGee send word the state of Massachusetts that most of their employees — around 395 of them — would in all probability face layoff if a suitor isn’tfound by May .
That news caused a snatch of a scare among confect lovers , who rage CandyStore.com tohoard packsand battalion of NECCO Wafers , should the caller go under . In the workweek since the intelligence about NECCO ’s uncertain fate hit , sales of the company ’s product went up by82 percent , with the Wafers alone increase by 150 percent .
Seeing the reaction and know there is still plenty of place in the market place for the august NECCO Wafers , the company ’s former CEO , Al Gulachenski , reached outto CandyStore.com to lay out his plan to save the trade name — most notablythe WafersandSweetheartsproducts .
The most crucial part of the architectural plan is the money he ’ll need to elevate . Gulachenski is set to raise $ 5 to $ 10 million in private , and he ’s create aGoFundMecampaign for $ 20 million more to get his plan into motion . Once the financial backing is secure , the company will move to a new manufactory in Massachusetts that take into account them to keep back fundamental executives and as many other employees as they can .
“ I can promise you that if you donate you will own a piece of NECCO as I will bring out part to everyone that chip in money , ” Gulachenski pen on the GoFundMe page . “ This company has been in our back M for 170 years and it ’s time we own it . ”
Gulachenski also lucubrate that , as of now , there is another buyer interested in NECCO , but that buyer “ is planning to liquidate the caller , terminate all the employees and end the doors of NECCO eternally ! ”
So far , Gulachenski has raised only $ 565 of the $ 20 million call for . “ I have intercourse it seems like a farseeing way to go but I do expect some institution to jump on board and get us most of the way there , ” Gulachenski wrote in a GoFundMe update . “ It is also probable we can get most of the fellowship if we get to one-half of our goal . ”
There is still a bit of a dour taste for candy fans to swallow , even if NECCO does get saved . According to Gulachenski , the Wafers and the Sweethearts may be the only products that the reorganise NECCO keep with . This could leave lovers of the company ’s other confect , like Clark Bars and Sky Bars , out in the frigidity .
“ The boodle component Necco Wafer and Sweetheart is certainly the most nostalgic and placeable mark , more than the burnt umber , ” GulachenskitoldThe Boston Globe . “It ’s all go to depend how they resolve to sell the company and liquidate . ”
While you could still regularize the Wafers in bulk from Candystore.com , the site itself even says it has no estimation when or if shipments will stop add up , especially as NECCO ’s time to come remains uncertain .
