The CPA was formed in order to streamline the textile printing industry and reduce the number of individual companies that were competing for business. The company initially had 20 member firms, but this number grew to over 50 by the early 20th century. The CPA was responsible for printing a wide variety of textiles, including cotton, linen, and silk, and its products were sold all over the world.
The CPA was successful for many years, but the company began to decline in the mid-20th century due to a number of factors, including the rise of synthetic fibers and the increased competition from overseas manufacturers. The company eventually went out of business in 1974.