Combine evaporated milk, corn syrup, sugar and butter and bring to a boil in a medium high heat.

Cook to soft ball stage (about 240).

Remove pan from heat and stir in vanilla, coconut and pecans.

Continue stirring for about 5 minutes until mixture starts to cool and thicken.

Transfer about 1 tbsp size drops of mixture onto wax or parchment paper and allow to cool.