Culp, Inc Elects Perry E. Davis to the Board of Directors
June 26, 2019 at 05:35 pm
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Culp, Inc. announced that Perry E. Davis was elected to the company’s Board of Directors. His term is effective July 1, 2019, and will expire at the next annual meeting of shareholders, at which time he will be eligible for re-election along with the other directors. Davis currently serves as Executive Vice President, President – Residential and Industrial Product Segments for Leggett & Platt, Incorporated, a diversified manufacturer that designs and produces engineered products found in most homes and automobiles. He previously served as Senior Vice President, President – Residential Furnishing from 2012 until 2017.
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.