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Future Of Necco Candies In Doubt After Factory Closes

The NECCO plant in Revere, Mass., was shut suddenly Tuesday by its owner, Round Hill Investments LLC, The investment company, owned by billionaire C. Dean Metropolous, bought NECCO out of bankruptcy in May for $17.3 million. ... ’We are disappointed that Round Hill could not follow through on the enthusiasm it expressed when it acquired Necco barely two months ago,’ said Revere Mayor Brian Arrigo in a statement.“

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