Culp Looking To Sell Wet Printed Flock Operations

Hight Point, NC (USA) - If Culp Inc. does not sell its printed flock upholstery fabrics operations by 28 April, it will close them, the company announced. Sales of wet printed flocks contributed $17.6 million to the company's sales of $374.6 million for the 12-month period ended in January 27, 2002. In the same period, these assets resulted in an...