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  Topic: NC furniture plant,
praised by Obama, closes
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NC furniture plant,
praised by Obama, closes

Daily Caller, by Caroline May

Original Article

Posted By:KarenJ1, 1/4/2013 4:01:01 PM

A year after President Barack Obama welcomed the CEO of a North Carolina furniture company to the White House as a demonstration of investment in the U.S. economy, the Lincolnton Furniture Company announced its closing. CEO Bruce Cochrane confirmed to Charlotte’s WBTV Thursday that the company would shut its doors immediately, laying off 50 employee in the process. Cochrane — whose family sold their furniture business when they could not compete with foreign manufacturers in the mid-1990s — opened the plant in 2011 and was heralded by President Obama

Comments:
You would think these people would learn by now. It is so sad to see the once grand furniture companies closing in this country and furniture is now made cheaply in China. I have some pieces of Thomasville furniture that are 30 years old that I will never get rid of. It sure isn´t made of particle board!

      


Post Reply  

Reply 1 - Posted by: SouthSanAntonio, 1/4/2013 4:04:37 PM     (No. 9098794)

NØbamanomics and NØbamacare strike again!!!

Don´t you just wonder how many employees at that plant proudly voted for NØbama in November...

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Reply 2 - Posted by: zephyrgirl, 1/4/2013 4:23:28 PM     (No. 9098816)

What people say they want and what they really want are often two different things. People say they want American-made furniture, but what they really want is cheap furniture.

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R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: TXknitter, 1/4/2013 4:23:44 PM     (No. 9098818)

Another business owner who allowed himself to be acampaign prop for this charlatan. There was no way Obama would have praised and slobbered all over Bruce if he weren´t a strong supporter.

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Reply 4 - Posted by: Blue Hen1, 1/4/2013 4:30:43 PM     (No. 9098834)

No coverage by the MSM...

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Reply 5 - Posted by: kanphil, 1/4/2013 4:46:25 PM     (No. 9098867)

No mention of how much of the people´s stimulus money disappeared down the bankruptcy hole.

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Reply 6 - Posted by: The Advocate, 1/4/2013 4:57:41 PM     (No. 9098886)

It has nothing to do with the cost or quality of the furniture.
Would you buy From an Obama prop?
Chck fil approves that it is good business to oppose the Marxist Usurper.

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Reply 7 - Posted by: hardhead, 1/4/2013 4:59:44 PM     (No. 9098891)

Opened in 2011 and closed in 2012?!? Ever heard of a business plan dude?

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Reply 8 - Posted by: FL_Absentee_Voter, 1/4/2013 5:03:24 PM     (No. 9098894)

#7 - As #5 alludes to, when the capital is pushed your way and comes at no cost - you don´t need a plan.

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Reply 9 - Posted by: Rob_NC, 1/4/2013 5:06:19 PM     (No. 9098903)

It`s so sad to see so many hard working people loosing their way of life....I`ve seen so many farmer,mill worker and furniture workers loose in this state...cheap...will be our down fall...I`m no fan of Barry but this slide has been happening for some time.....

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Reply 10 - Posted by: whyyeseyec, 1/4/2013 5:07:36 PM     (No. 9098907)

President Kiss of Death.

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Reply 11 - Posted by: ScarletPimpernel, 1/4/2013 5:51:52 PM     (No. 9098982)

Ethan Allen furniture is not even made in the U.S. now. North Carolina was known for its furniture, good furniture, too. A lot of furniture is now made in Indonesia.

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Reply 12 - Posted by: jasmine, 1/4/2013 5:51:59 PM     (No. 9098983)

The owner stood with Obama. I hope he enjoys his reward.

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B-G1


 
Reply 13 - Posted by: lakerman1, 1/4/2013 5:52:14 PM     (No. 9098984)

50 employees, in 2014,triggers kenyacare.
The additional costs of compliance with the law would have been too much to bear.
I wish they would admit that.

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Reply 14 - Posted by: qr4j, 1/4/2013 6:08:12 PM     (No. 9099024)

So . . . when that miserable SOB we call president praises something, that often kills it. Would it not be logical, then, for Republicans to avoid trying to gain praise from Obama? In other words, Pubbies, you court Obama at your own peril. Witness the furniture company, Solendra, etc., etc.

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Reply 15 - Posted by: mitzi, 1/4/2013 6:13:21 PM     (No. 9099033)

Karma in action!

Be welcomed at the WH ... go out of busines.

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Reply 16 - Posted by: Wetlandz, 1/4/2013 6:47:28 PM     (No. 9099097)

I agree with #12, it may sound harsh but we need consequences for stupidity if we ever have a chance for better.

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Reply 17 - Posted by: Heraclitus, 1/4/2013 6:57:45 PM     (No. 9099115)

Labor costs, regulations by the hundreds, taxes and any business struggles to survive.

IF the economy had really turned around, IF the housing market were improving, this industry among others having to do with outfitting a home would have had a fighting chance.

This seems like another Potemkin Village enterprise, larded with tax-payer money?


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Reply 18 - Posted by: franq, 1/4/2013 7:10:12 PM     (No. 9099132)

Keep Obama in president, you know?
He gave us a phone!
He gonna do more!

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Reply 19 - Posted by: stablemoney, 1/4/2013 7:25:21 PM     (No. 9099164)

Obama can print all the money he needs without having to worry with running a furniture company.

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Reply 20 - Posted by: KanCreeper, 1/4/2013 7:48:25 PM     (No. 9099192)

Is anyone keeping score? Everytime Zippy shows up for a Photo OP, the is the" KISS of Death" for their future. Maybe we should call him, Typhoid Baraka?

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Reply 21 - Posted by: rocket scientist, 1/4/2013 8:32:22 PM     (No. 9099229)

It´s called The Obama Curse. The dummy CEO of that company found out the hard way. When will they ever learn?

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Reply 22 - Posted by: ColonialAmerican1623, 1/5/2013 12:34:47 AM     (No. 9099480)

People need jobs to be able to buy furniture.

Today´s instant gratification group prefers Ikea in a box.

If Zippy had given the same amount of stimulus money that has been wasted since 2009 to American citizens, think how much the economy would have been stimulated.

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Reply 23 - Posted by: xcenturion, 1/5/2013 2:03:27 AM     (No. 9099542)

I´m still trying to figure out what type of person would vote for Obama for a second term. They are either mentally incompetent, or simply too ignorant to figure out that Obama is an anti-American socialist.

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Reply 24 - Posted by: cheeflo, 1/5/2013 12:48:56 PM     (No. 9100360)

Just another kiss-of-death endorsement from Obama. His track record is becoming spooky.

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