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Closed Lincolnton Furniture Company to auction off equipment

Lincolnton Furniture Company is auctioning off manufacturing equipment that was once used to build furniture in its Lincoln County facility.

The auction will take place exclusively online through June 21, hosted by Industrial Recovery Services at irsauctions.com. Auction items range from construction tools to heavy machinery. The auction site anticipates adding more items online.

Lincolnton Furniture abruptly closed in January 2013, one year after opening. Owner Bruce Cochrane formed the company in 2011 with a $5 million investment, hoping to create more jobs at home.

The company, which employed about 50 people, sold middle- to higher-priced solid wood bedroom and casual dining furniture. The company was lauded by President Barack Obama for Cochrane’s efforts to bring jobs back to America.

McCabe: 704-358-5197; Twitter: mccabe_caitlin
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