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News Flash
Market & competition affect upholstery maker Quaker's Q2 result
29 Jul '05
5 min read
They are also making good progress on their efforts to expand their presence in the novelty yarn markets, with second quarter sales into that market up 64.0 percent and demonstrating strong potential for continued growth.
And they are very excited about taking their first steps into the outdoor fabric market, with their first-ever product line for that market slated for introduction later this year," Mr. Liebenow concluded.
The company also reported amending its $70.0 million senior secured credit facility; a process that Quaker management noted had been completed earlier in the week.
Fall River based Quaker Fabric Corporation is a leading manufacturer of woven upholstery fabrics for furniture markets in the United States and abroad, and the largest producer of Jacquard upholstery fabric in the world. It also produces specialty yarns, which it both uses in its fabrics and sells to other fabric manufacturers.
And they are very excited about taking their first steps into the outdoor fabric market, with their first-ever product line for that market slated for introduction later this year," Mr. Liebenow concluded.
The company also reported amending its $70.0 million senior secured credit facility; a process that Quaker management noted had been completed earlier in the week.
Fall River based Quaker Fabric Corporation is a leading manufacturer of woven upholstery fabrics for furniture markets in the United States and abroad, and the largest producer of Jacquard upholstery fabric in the world. It also produces specialty yarns, which it both uses in its fabrics and sells to other fabric manufacturers.
Quaker Fabric Corporation
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