Culp, Inc. Announces Demise of Robert G. Culp, III, Founder and Chairman
December 10, 2018 at 08:30 am EST
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Culp, Inc. announced that Robert (Rob) G. Culp, III, died on December 8, 2018, following complications related to leukemia. He was named Chief Executive Officer in 1981 and served in that capacity until 2007. He served as Chairman of the Board of Directors since 1990.
Culp, Inc. is a marketer of mattress fabrics for bedding and upholstery fabrics for residential and commercial furniture. The Company markets a variety of fabrics to its global customer base of bedding and furniture companies, including fabrics produced at the Company's manufacturing facilities and fabrics sourced through other suppliers. The Company operates through two segments. The mattress fabrics segment markets primarily knitted and woven fabrics, as well as sewn covers made from those fabrics, which are used in the production of bedding products, including mattresses, foundations, and mattress sets. The upholstery fabrics segment markets a variety of fabric products that are used principally in the production of residential and commercial upholstered furniture, including sofas, recliners, chairs, loveseats, sectionals, sofa-beds, and office seating, as well as window treatment products and installation services for customers in the hospitality and commercial industries.