Lincolnton Furniture Company http://wfae.org en Lincolnton Company, Praised By Obama For Bringing New Jobs, Closes http://wfae.org/post/lincolnton-company-praised-obama-bringing-new-jobs-closes <div>Lincolnton Furniture Company closed abruptly Thursday just one year after it was hailed by President Barack Obama as an example of the recovering U.S. economy.&nbsp;</div><div><br><br>&nbsp;</div><div>Furniture-making operations stopped indefinitely and only a few people will remain employed moving forward, company financial officer Ben Causey said.&nbsp;</div><div>“I don’t know where it’s going to go exactly; we’re still evaluating our situation,” Causey said. “We just didn’t have any choice at this point.”<br> Fri, 04 Jan 2013 16:56:34 +0000 Cameron Steele/Charlotte Observer 18840 at http://wfae.org Lincolnton Company, Praised By Obama For Bringing New Jobs, Closes