Gary and Joseph Melville of Melville Candy Company Named Small Business Persons of the Year

Randolph-based company increased profitability by factor of three after purchasing new factory with SBA 504
Release Date: 
Monday, April 30, 2018
Release Number: 
18-20
Contact: 
norman.eng@sba.gov / 617-565-8510

BOSTON – The Small Business Administration (SBA) has named Gary and Joseph Melville of Melville Candy Company the 2018 Small Business Persons of the Year for Massachusetts.

Melville Candy Company earned the recognition for outstanding growth in sales, manufacturing innovation, and job creation.  Melville Candy, based out of Randolph, Massachusetts, produces hard candy lollipops, chocolate treats and crispy marshmallow confections. They hand-craft each confection in small batches and are able to create custom items to fulfill specialty requests. Some of their extensive selection includes: gourmet flavored lollipops, honey spoons, lobster lollipops, chocolate dipped stirrers and an extensive variety of seasonal & trendy collections. Melville Candy’s products are sold nationally and internationally and can currently be found in gift and souvenir shops, large scale retailers, specialty food & grocery stores, theme parks, and marketing promotional companies.

 “Melville Candy Company has overcome obstacles and stayed resilient through some of the toughest times,” said SBA Massachusetts District Director Robert Nelson.  “After surviving several recessions, credit crises and a slowing manufacturing industry – the company is thriving and is creating a worldwide name.  We congratulate Melville Candy Company and wish the entire team continued success!

In 2015, Melville Candy experienced exponential growth and increased sales by 52% from the previous year; along with the number of employees increasing from 115 to 143.  Sales grew again in 2016 by 8.5%, but net profits were down due to the lack of sufficient manufacturing space to produce orders. Management was aware of the demand in the marketplace for Melville products, but a larger factory was needed to fulfill orders. 

SBA 504 financing was approved in 2017 to purchase the building and land located at 28 York Avenue in Randolph, Massachusetts to build a newly renovated 45,000 square foot, state of the art manufacturing facility.  As a result, Melville Candy currently employs approximately 150 employees. The 504 project was made possible through Sergio DoRego and Mike Savage of Rockland Trust as the first lien lender and Barbara Arena of Granite State Development Corporation, with support from the Small Business Administration.

We were stunned to get this incredible news,” said Gary Melville, Joe’s father and master candy maker. “My uncles started making candy in Boston in the 1940s and it has been a family love affair ever since.”

We’re so proud of what this says about the incredible candies we make,” said Joe Melville. “We’re also proud to demonstrate that high-quality manufacturing is alive and well in Massachusetts, competing successfully across the nation and the world.”

Melville Candy Company donates to their community by sponsoring youth baseball and youth hockey and donating candy to many charitable events - most recently to Boston Public School children experiencing homelessness.

The company was nominated by Barbara Arena, Vice President, Granite State Development Corporation. Gary and Joe Melville will be honored at the annual SCORE Boston / SBA awards luncheon along with other 2018 Massachusetts Small Business Week winners at the Sheraton Needham Hotel on Friday, May 4th, 2018.

 

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About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start and grow their businesses. It delivers services to people through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.