United Cabinet Holdings announced the closing of its Touchstone Fine Cabinetry business factory in Rutherfordton. Touchstone had been manufacturing a wide array of fine kitchen cabinetry as well as customized pieces. The closing would cost 67 people their jobs. But not even three days after the announcement, Mark Bellissimo, CEO of the Tryon International Equestrian Center (TIEC), forged a deal to take over the company. All employees would be retained, with no disruption in labor and their existing benefits packages intact. In addition to running the TIEC, Bellissimo is CEO of United States Precision Construction, the company handling the modular construction of hotels to accommodate guests for the upcoming FEI World Equestrian Games, which the TIEC will host. Through the course of the 13-day event, 500,000 people from 70 countries are expected to attend. Word came to Bellissimo about the closing through Precision’s COO, Jason Hunsinger, who knew the accommodations would need a lot of cabinets. A series of whirlwind meetings were held, and, before the day was over, Bellissimo had struck a deal, the jobs card weighing heavily in winning consent. After the games, Touchstone is expected to continue making cabinets and furniture for them.