Culp To Expand Mattress Fabric Business, Add 129 Jobs
Culp Inc., High Point, N.C., is expanding its mattress fabrics business in Stokesdale, N.C., adding
cut-and-sew operations and 129 jobs. The company is preparing a manufacturing facility across the
street from its weaving facility in Stokesdale and expects to start up the new operation this fall.
Ultimate total investment could exceed $900,000.
Culp comprises two divisions: Culp Home Fashions including knitted and woven mattress fabrics, with manufacturing facilities located in High Point, Stokesdale and Canada; and Culp Upholstery Fabrics, with manufacturing located in High Point, China and Poland.
The mattress fabrics business has grown from representing 20 percent of Culp's total business in 2000 to 57 percent in 2011, when net mattress fabric sales totaled $145.5 million, an 18.9-percent increase over 2010 sales.
The new facility will be wholly owned by Culp and will produce mattress covers that will be marketed under a joint marketing agreement with Chicago-based mattress cover supplier A. Lava & Son Co.
"This new venture, known as Culp-Lava Applied Sewn Solutions, represents a natural progression of Culp's mattress fabrics business as we continue to capitalize on growth opportunities in more innovative product offerings," said Iv Culp, president, Culp Home Fashions. "We believe this new venture highlights our commitment to enhance Culp's leadership position in the bedding industry with an expanded and flexible manufacturing platform, supported by exceptional design, superior customer service, reliable delivery performance and consistent quality and value."
Teresa Huffman, Culp's vice president, human resources, with responsibility for corporate communications, added that the expansion and vertical integration "will allow us to be more responsive to customers and have a broader product offering."