Century-old Chicago confectionery files for bankruptcy protection – Chicago Tribune

Good morning, Chicago.

A family-owned Chicago candy manufacturer filed for Chapter 11 bankruptcy protection, seeking to keep its Northwest Side factory churning out assorted fruit-flavored starlights, lemonade drops and buttery toffee.

Primrose Candy, which has been making such confections since 1928, needs to reorganize more than $12 million in debts and secure new financing to pay its 90 mostly contract employees and other business expenses, according to the bankruptcy petition.

The culprit? That piece of wrapped butterscotch candy that grandma pulls out of her purse has gotten a lot more expensive to make these days, according to David Welch, a Chicago attorney representing the company.

Read the full story from the Tribune’s Robert Channick.

Here are the top stories you need to know to start your day, including: what Mayor Brandon Johnson said in a DC speech yesterday, the latest on a Chicago Bears stadium bill in the Indiana Senate and our weekend events guide.

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