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Price Candy Co., a Kansas City institution for nearly 90 years, has closed and the company’s factory and assets have been auctioned to pay delinquent loans. Commerce Bank, holder of the firm’s debt, foreclosed on the factory. Price Candy’s 88,000 square foot distribution and storage facility in SubTropolis has also been closed. The real-estate was auctioned by Rabin Brothers of San Francisco.

Price Candy was founded in 1913 and had its original offices in the Jones Store Building in downtown Kansas City, which has sat vacant for the past several years.

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