Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

http://www.expoproduccion.mx/Content/Exhibitors/24/
http://ahweb.adsale.com.hk/t.aspx?unt=2396-ZhejiangTex14_TextileWorld
http://www.textileservicesonline.com
http://ahweb.adsale.com.hk/t.aspx?unt=2354-STX15_TextileWorld
http://www.schlafhorst.saurer.com
http://www.textileworld.com/Store/Books/index.html
http://www.textileworld.com/careers/index.html
http://www.textileworld.com/Textile_World_Innovation_Forum_2014/
July/August 2014 July/August 2014

View Issue  |

Subscribe Now  |

Events

SPINEXPO™ Shanghai
09/02/2014 - 09/04/2014

FMCEX 2014 - The 6th International Floor Covering, Moquette, Machine made Carpet & Related Industries Exhibition
09/06/2014 - 09/09/2014

41st Annual S.C. International Trade Conference
09/08/2014 - 09/10/2014

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

Culp Announces Restructuring Initiative

Culp Announces Restructuring Initiative Increases in manufacturing efficiency, higher productivity and lower operating expenses are the goals undertaken in a restructuring initiative announced by Culp Inc., High Point, N.C. The company has identified restructuring actions, principally consolidating yarn and upholstery fabric operations, that are expected to result in a charge of approximately $3 million before taxes.The changes are involving some difficult personnel decisions, said Robert G. Culp III, CEO. These moves are imperative, however, in order to adjust to the current level of demand for our products, both in the United States and internationally. We have decided to accelerate this program and consolidate certain other related operations, principally in yarn manufacturing. This will involve eliminating some yarns used by customers outside the home furnishings industry, but we will maintain substantially the same selection used to manufacture upholstery fabrics and mattress ticking. March 2001




Advertisement

http://www.staubli.us