HIGH POINT, N.C. (April 21, 2020) ─ 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.
Culp Announces Cash Strategy and Business Update in Response to COVID-19, Including Sale of eLuxury and Withdrawal of Guidance
HIGH POINT, N.C. (April 3, 2020) ─ Culp, Inc. (NYSE: CULP) announced today a series of proactive measures the company has taken to preserve balance sheet strength and reduce costs in response to increasingly challenging market conditions and the impact of the COVID-19 global pandemic. These steps include:
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Culp Shifts Operations to Make Masks, Fabrics for Healthcare and Other Essential Businesses in Support of COVID-19 Relief Efforts
HIGH POINT, N.C. (March 26, 2020) ─ Culp, Inc. (NYSE: CULP) today announced the company has reprioritized some of its operations to manufacture critical products needed for healthcare, essential infrastructure, and public health. These products include personal face masks and fabrics for masks, as well as bed covers for hospitals and other fabrics used for mattresses and furniture products supplied to healthcare facilities, nursing homes, emergency shelters, hotels and motels, and other residential facilities.