The iconic Jelly Belly Candy company, the family owned business in Fairfield has been sold to Ferrara Candy of Chicago. Terms of the deal have not been released, and certain closing conditions must still be met by the end of the year. Ferrara manufactures SweetTARTS, Trolli and Nerds among other sweets. Jelly Belly was a favorite of former Predsident Ronald Reagan and currently employs over 800 workers.