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Stock impact report

Culp Expands Production of Critical Products in Support of COVID-19 Relief Efforts

Culp, Inc. (CULP) 
Last culp, inc. earnings: 3/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: culpinc.gcs-web.com/investor-overview
Company Research Source: Business Wire
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced updates to recent measures the company has taken across several locations in its global platform in North America and Asia to increase production of face masks, bedding covers, and fabrics for healthcare operations and consumer health. These additional steps include:Expanding its work with several companies to produce face masks for supply to FEMA. These non-medical grade, three-layer cotton masks are made in accordance with FDA standards and are sewn at the company’s CLASS facilities in North Carolina and Haiti;Producing and supplying face masks for consumers and healthcare workers through the company’s Culp Hospitality platform in Knoxville, Tennessee, (Read Window Products) and through the company’s strategic partner relationships in Vietnam, which are now sewing face masks instead of upholstery fabric kits for the company. These non-medical grade, three-layer cotton masks are also made in accordance wit Show less Read more
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