Culp agrees to sell headquarters

December 2008
Furniture/Today;12/15/2008, Vol. 33 Issue 15, p29
Trade Publication
The article reports on the decision of Culp Inc. to sell its headquarters building in High Point, North Carolina to businessman Chris Caffey for $4 million. Culp agrees to pay an annual rent for $360,240 for three years, and two-thirds of the building's operating costs. The agreement is expected to be closed on January 30, 2009.


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