LINCOLNTON, N.C. (AP) — A start-up North Carolina furniture company once celebrated as a sign of America's manufacturing rebound has closed, a year after its head was hosted by President Barack Obama.
Lincolnton Furniture Company was silent Friday, a day after shutting down. President Bruce Cochrane and other company officers did not return messages to The Associated Press.
Company financial officer Ben Causey said manufacturing operations were stopped indefinitely because orders were insufficient. He told The Charlotte Observer that only a few people would remain employed and the next steps were uncertain.
Lincolnton Furniture opened in December 2011 with 60 employees and plans to grow.
Obama last year invited Cochrane to a White House event on bringing overseas job back to America and he was a guest at the State of the Union address.
Wyo., ND Governors To EPA: Hey, We Need More Time On Clean Power Plan Regulations Because You Totally ‘Blindsided’ Us | Matt Vespa
House Democrats Will Try To Dissolve Select Committee On Benghazi Tonight UPDATE: Voted Down, Committee Remains | Matt Vespa
Second data storage firm emerges with possible cloud backups of Hillary Clinton's emails - twitchy.com
Homeowner Stops Three Robbers By Pleading For Mercy. Just Kidding. He Shot Them. - Bearing Arms - Guns Saving Lives, Texas
Ted Cruz finds a question that the Sierra Club DARED not answer. | RedState
The truth about gun deaths: numbers and actual solutions
The US Disarms Economically, the World Demands More
Thomas Sowell - Charlatans and Sheep
George Soros: Top 10 Reasons He Is Dangerous | Human Events