Fannie Mae out of business?!?

Has anybody else heard that this? I heard something about this on the new in Chicago a few days ago and never heard anything else. I need clarification!

Fanny Mae is being sold to another company. They haven't said who yet, but they have announced the Chicago manufacturing plant is not part of the deal because of it's age and condition. Plant will be closed and 600+ workers laid off. There will probably still be Fanny Mae candy, but it will be produced somewhere other than Chicago.

Mmmmmmmmm. Pixies, Dixies, Trinidads.

They used to sell Fannie Mae here (Baltimore-Washington) at a counter in the Giant grocery stores. It was too good a product at too reasonable a price, so it is no longer available.

Archibald Candy Corp. has announced it will close all 228 of its Fannie May and Fannie Farmer stores by next month. Company officials said that the stores would start closing Jan. 20 and the closures would be complete by Feb. 15.

Last week, the company announced the closure of its Chicago factory, putting 625 employees out of work.

In recent weeks, company officials repeatedly said they were trying to negotiate a sale of the company. The attempts to sell at least the brand names will continue, and it is planned to sell the factory and its site to a developer which could generate as much as $13,000,000.

Thanks for the info and sorry about the misspelling . I had been working on a report for Fannie Mae (the loan folks) here at work and had it on the brain!

What is happening? Our beloved Antone's in Houston, the White Way, and now Fanny Farmer!!!!
All in one week!

So long Trinidads.

i always wondered how those fannie may places ever stayed in business. i live in chicagoland and they have been in every mall for years but they never really seemed busy unless it was a holiday. kinda like those hickory farms places that pop up around christmas time. the diffence being hickory farms disappears atfer christmas fannie may is always there. it makes me wonder why this didn't happen sooner.

I was always confused about the relationship between Fanny Mae and Fanny Farmer. Seemed like Fanny Mae was only in Illinois but the identical Fanny Farmer was everywhere else. Gotta say, Fanny Mae had far better candy, with more of a handmade look and mouthfeel.

In case anyone did not know, Fanny Mae Farmer was the creator of the first American cook book.

Dearfolk,
There is one easy differentiating point: "Fannie Mae" is a record by Buster Brown on Fire Records from 1960 (it was one of the last hits to be issued on a commercial 78 r. p. m. disc!).
In these parts, we say "Sophie Mae" when we think of peanut brittle. The Sophie Mae Candy Co. is alive and well at 317 North Avenue, N/E, incongruously located practically in downtown Atlanta. My late mother always referred offhandedly to Sophie Mae as "Fannie Mae," probably because of her two-time residency in Chicago.
If Sophie Mae were to close, it would be calamitous... akin to our losing Byrd's Cookies in Savannah; Castleberry's Foods in Augusta; or Bob's Candies in Albany.
My advice: buy regional and local whenever you can, or you won't be able to any more....
Not Brittle Myself, Peanutty Ort. Carlton in Pecan-Littered Athens, Georgia.

Sorry guys...you all have it wrong. Fannie Mae is a provider of funds for mortgages.

http://www.fanniemae.com/index.jhtml

http://www.fanniemay.com/aboutus/



Fannie May and Fanny Farmer is the same candy.

I grew up on Fanny Farmer. Their chocolate covered pretzels was a treat I'd get when Mom took me downtown when she went shopping.