Culp teams with Synthetic Finishing
October 4, 2005,
HIGH POINT, N.C. -- Culp, Inc. is strategically aligning with Synthetics Finishing, a division of TSG Incorporated, to provide finishing services to Culp for its domestically produced decorative upholstery fabrics.
The company expects total pre-tax charges of approximately $2.7 million, of which $2.1 million is expected to be non-cash items. The charges are expected to be recorded in the second and third quarters of fiscal 2006.
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