Home / Knowledge / News / Textiles / Fabrics producer Culp to create jobs in Guilford County
Fabrics producer Culp to create jobs in Guilford County
13
Aug '12
Gov. Bev Perdue announced that Culp Inc., a manufacturer of mattress and upholstery fabrics, will expand its operations in Guilford County. The company plans to create 129 jobs and invest $450,000 over the next four years in Stokesdale. Culp expects the total investment could exceed $900,000 by the end of the project. The project was made possible in part by a $82,560 grant from the One North Carolina Fund.

“My top priority is creating jobs,” said Gov. Perdue. “It’s great news when home-grown companies expand their operations here in North Carolina. Culp’s decision to locate in Guilford County is a testament to our state’s highly skilled workforce and top-notch business climate.”

Culp, headquartered in High Point, is a leading manufacturer of upholstery fabrics for furniture and mattress fabrics for bedding. The company operates as Culp Home Fashions and Culp Upholstery Fabrics. Culp currently employs more than 410 people at facilities in Guilford and Alamance counties.

Salaries will vary by job function, but the average annual payroll for the new jobs will be more than $3.1 million, plus benefits. 

“We are excited about the continued growth in our mattress fabric business and opportunity to expand this platform with further vertical integration into the cut and sew business,” said Iv Culp, President of Culp’s mattress fabrics division. “This new operation will allow us to respond to industry demands and increase the level of service we provide for our customers.” 

The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds.  These grants also require and are contingent upon local matches.

North Carolina continues to have a top-ranked business climate. Through Gov. Perdue’s JobsNOW initiative, the state works aggressively to create jobs, train and retrain its workforce, and lay the foundation for a strong and sustainable economic future.

Through use of the One NC Fund, more than 60,000 jobs and $11 billion in investment have been created since 2001.  Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Guilford County, Town of Stokesdale and the Greensboro Economic Development Alliance.

 

Office of Governor Bev Perdue


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search