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Nannucci exits Loomcraft post

By Furniture Today Staff -- Furniture Today, April 11, 2004

GREENSBORO, N.C. — Franco Nannucci, former president of Loomcraft International, has left to pursue other interests.

Loomcraft International was a division of Loomcraft Textiles, importing middle to high-end fabrics from Europe. Loomcraft has eliminated the division, citing difficulties related to the stronger euro vis-a-vis the U.S. dollar.

Nannucci said he intends to remain in the textile industry.

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