@culpinc.com
With four decades of innovation and quality, Culp (NYSE: CULP) supplies a wide range of mattress and upholstery fabrics across the globe.
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Culp, headquartered in High Point, North Carolina, is a leading designer and manufacturer of mattress fabrics, upholstery fabrics, and sewn covers primarily for the furniture and bedding industries. The company has a rich history dating back to 1972 when Robert G. Culp Jr., an experienced textile entrepreneur, founded the company.
Initially, Culp focused on providing upholstery fabrics to furniture manufacturers. Over the years, they expanded their product offerings and ventured into the mattress fabric market, becoming an integral supplier for both industries. Culp's headquarters in High Point serves as the epicenter of its operations, housing corporate offices, research and development facilities, and a state-of-the-art manufacturing plant.
This strategically located facility enables efficient distribution across the United States. On a global scale, Culp operates through its subsidiaries, including Culp Europe, Culp Home Fashions, Culp-Lavaud Holdings, and Culp Home Fashions (Canada). These subsidiaries extend Culp's reach and provide localized products and services to their respective regions.
Culp's market position is strengthened by its strong relationships with major furniture and bedding manufacturers worldwide. With its extensive product portfolio, including performance fabrics, woven jacquards, microfibers, and knits, Culp caters to the diverse needs of its customers. The company's commitment to sustainability is also evident through its eco-friendly fabric offerings.
In terms of global sales, Culp has established a strong presence in the international market, contributing to its annual revenue of over $380 million. While facing competition from domestic and international players, Culp maintains a competitive edge by focusing on innovation, quality, and customer satisfaction. In recent years, Culp has made notable achievements and changes in its brand strategy.
Expansion into the performance fabrics segment and the acquisition of Designtex, a leading producer of textile surfaces for commercial interiors, have further diversified its product offerings and strengthened its market position. Currently, Culp continues to leverage its expertise in textiles to drive growth and innovation. The company remains committed to expanding its market share, exploring new partnerships, and embracing sustainable practices to meet the evolving demands of the furniture and bedding industries
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