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Stock Market & Financial Investment News

News Breaks
August 6, 2014
12:01 EDTCFICulp plans $9.5M expansion for mattress fabrics division
Culp Home Fashions, a leading marketer of mattress fabrics for bedding and a division of Culp, has announced plans to invest $9.5Min the company’s mattress fabrics operations. This capital project is designed to support the future growth potential in mattress fabrics and includes a building expansion as well as added capacity for finishing and fabric production. The first phase of the project is anticipated to be completed in late fall 2014, with the second phase expected in early spring 2015. Overall, the company is enhancing its capacity in four countries to support its mirrored manufacturing platform with duplicate, state-of-the-art capabilities.
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