Interviews
News Flash
Quaker President pleased by performance of import programs
19 Apr '07
2 min read
"We are pleased by the performance of our import programs over the past several quarters, by our continued penetration of the contract furniture market and the upper-end of the residential market and by the response we have seen to our relatively new line of outdoor fabrics. In addition, during the first quarter we reduced debt by approximately $1.0 million," commented Larry A. Liebenow, Quaker's President and CEO.
"We are also determined to reduce debt through the sale of excess assets. As part of that effort, we anticipate completing the sale of our corporate headquarters building in Fall River later this month - and aggressive marketing of the other assets we are holding for sale continues," Mr. Liebenow concluded.
Quaker Fabric Corporation is a leading supplier of upholstery fabrics for furniture markets in the United States and abroad.
"We are also determined to reduce debt through the sale of excess assets. As part of that effort, we anticipate completing the sale of our corporate headquarters building in Fall River later this month - and aggressive marketing of the other assets we are holding for sale continues," Mr. Liebenow concluded.
Quaker Fabric Corporation is a leading supplier of upholstery fabrics for furniture markets in the United States and abroad.
Quaker Fabric Corporation
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
