MEBANE, NC - Craftique LLC announced it will shut down its manufacturing and retail operations, ending its 66-year run making and selling solid mahogany furniture.
The economic recession proved to be too much for the company that makes bedroom, dining room and accent furniture for the home.
Craftique was founded in 1946 by Mr. L. P. Best as a manufacuturer of mahogany residential furniture. Best sold his company to Pulaski Furniture of Pulaski, VA, in 1989. Pulaski sold the company to industry veterans John Erwin and Craig Shoemaker in 1997.
"For years now the entire Craftique team has worked diligently to withstand the challenges of today's global economy. For this I am extremely grateful and apreciative," Erwin said in announcing the company's plans to close by the end of the year.
The company remains open to the possibility of a potential buy-out as it readies liquidation plans. It has already started a Going Out of Business Sale at its factory store in Burlington, NC,
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