This came from www.tasteofhome.com These taste just like the ones you can buy. If you want you can add piece of cherry like some pecan logs have, but mine are just the plain ones.
1/2 cup + 2 tsp. butter, softened and divided
3 3/4 cups confictioners' sugar
1/2 cup nonfat dry milk powder
1/2 cup sugar
1/2 cup light corn syrup
1 tsp. vanilla extract
1 package (14 ounce) caramels
1 tbsp. milk or half-and-half cream
2 cups chopped pecans
Butter an 8-inch square pan with 2 tsp. butter; set aside. Combine confectioners' sugar and milk powder; set aside. In a heavy saucepan, combine 1/2 cup butter, sugar, and corn syrup; cook and stir until sugar is dissolved and mixture comes to a boil. Stir in confectioners' sugar mixture, about a third at a time, until blended.
Remove from the heat; stir in vanilla. Continue stirring until the mixture mounds slightly when dropped from a spoon. Spread into prepared pan and cool. Cut candy in 4 strips; cut each strip in half. Shape each into a log; wrap in waxed paper and twist ends. Freeze or refrigerate until form.
Meanwhile, in a microwave, melt caramels with milk, stirring often. Roll logs in caramel mixture, then in pecans. Wrap in waxed paper. Store at room temperature in airtight containers. Cut into slices with a serrated knife.