What’s New at Pharr

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Pharr Announces Plans to Sell High Performance Yarns and Flooring Divisions

Recent News

Pharr, a diversified provider of differentiated textile products and assorted real estate businesses, has reached agreements with Coats Group plc (Coats) to purchase Pharr High Performance, yarn supplier for the protective apparel industry; and Mannington Mills (Mannington) to purchase Pharr Fibers & Yarns and Phenix Flooring, suppliers of yarns, residential carpet and specialty flooring products.

The acquisitions are expected to close in early 2020.

“Throughout its 80-year history, Pharr’s spirt of innovation and willingness to adapt to change have allowed the company to evolve and succeed,” said Bill Carstarphen, Pharr president and chief executive officer. “These transactions reflect the next step in that evolution and will deliver great benefit to our customers, associates and communities.  We know each of these groups will benefit tremendously from both Coats and Mannington and expect these transactions will result in a broad range of future opportunities and growth for our associates.”

Founded in 1939, Pharr is a closely held, privately-owned company based in McAdenville and comprised of five companies with total employment of 1,200.

Pharr High Performance manufactures yarns primarily for the protective apparel industry in North America and globally, providing technical yarn solutions to the Military, Fire Service and Industrial Thermal Protection industries. Pharr Fibers & Yarns manufacturers fibers and yarns for the carpet industry in North America and globally. Phenix Flooring manufactures and sells residential carpet to large retailers and specialty flooring retailers in the U.S., and also sells luxury vinyl tile and commercial carpet tiles and broadloom.

Coats, the world’s leading industrial thread company, is a publicly traded manufacturer with operations in 50 countries and a workforce of more than 18,000. The company was founded more than 250 years ago and has its headquarters in London.

Mannington Mills is a manufacturer of residential and commercial sheet vinyl, luxury vinyl, laminate, resilient and hardwood floors; as well as commercial carpet and rubber. The company, privately held and owned by the Campbell family, is based in Salem, NJ and was founded in 1915.

“As a result of these transactions, each of these Pharr businesses will become part of much larger operations with greater capacity, resources and reach.” Carstarphen said. “We sought leaders in their industries with proven track records, and who understood and respected what we had built. Coats and Mannington emerged as ideal partners in all regards.”

Carstarphen said both companies plan to retain Pharr’s workforce and continue operations at its manufacturing facilities in McAdenville, NC and Dalton, Ga. With the addition of Pharr High Performance, Coats will have six North Carolina manufacturing sites located in McAdenville, Kings Mountain, Marion and Hendersonville as well as its corporate office in Charlotte.

The acquisitions of Pharr Fibers & Yarns and Phenix Flooring will help establish Mannington as one of the largest suppliers in the floor covering industry, participating in both residential and commercial hard and soft surface categories.

The acquisitions will not affect Pharr’s two remaining divisions: Belmont Land & Investment Company, developer of residential and commercial real estate and hotels; and Strand Hospitality Services, which manages a portfolio of hotel properties throughout the Southeast.

“Pharr will continue growing and diversifying our real estate holdings while exploring new companies to invest in and operate,” Carstarphen said. “And our company will maintain a strong presence in Gaston County, investing back into the community as we always have.”

More News

Print Articles and Press Releases

Pharr CEO Receives Spirit of the Carolinas Award

During the Gaston Regional Chamber of Commerce’s 17th annual Salute to Business & Manufacturing, Pharr’s President and CEO, Bill Carstarphen, received the Spirit of the Carolinas Award as well as The Order of the Long Leaf Pine from the state of North Carolina.

Marriott SpringHill Suites Receives Blue Community Certification

The Marriott SpringHill Suites in New Smyrna Beach will be honored for its continued sustainability efforts at an upcoming celebration at 7 p.m. on Wednesday, October 2, 2019. A no-host cocktail hour will begin at 6 p.m. The event will take place at the Brannon Center, located at 105 S. Riverside Drive in New Smyrna Beach. Media and the general public are invited to attend.

Pharr CEO Honored with ‘Spirit of the Carolinas’ Award

Bill Carstarphen, CEO of Pharr USA, is by nature a soft-spoken man who chooses his words carefully. But when he speaks about the influence of his father, the late Joseph “Bip” Carstarphen, and of his grandfather, the late William J. Pharr, not just on his life but on the village of McAdenville, a quiet passion fills his voice.

Pharr’s EVP of HR Recognized as a Woman Who Rocks

Christy H. Gliddon, Pharr’s EVP of HR, was recognized by the Gaston Regional Chamber of Commerce as a Gaston County Woman Who Rocks for her role in aiding and inspiring other working women within Pharr and the community.

Phenix Flooring Hires New Marketing Manager – Cristy Ponder

Phenix Flooring, a Pharr family company,  is excited to announce the addition of Cristy Ponder as marketing manager. Ponder will be supporting the execution and implementation of brand strategy through marketing initiatives such as product launches, major tradeshows, sales promotions, public relations, social content creation and website updates.

Pharr Honored at Business of Manufacturing Awards

Pharr a family of companies and leader in manufacturing, recently won the ‘Visionary Leadership Award’ at the Charlotte Business Journal’s 2019 Business of Manufacturing Awards. The Business of Manufacturing Awards program honors Charlotte-area manufacturers and leaders in five areas of production excellence, including leadership, supply chain, technology and operations.

Pharr Envisioned a Diversified Future, from Textile Manufacturing to Real Estate Holdings

The leadership of Gaston County’s Pharr Yarns envisioned a better future when business conditions were not promising. Now known simply as Pharr, it is a holding company for a diversified collection of family businesses that includes yarns for performance apparel, carpet manufacturing, commercial real estate development and hospitality management

Strand Hospitality Continues to Grow

Ground preparations begin soon for two new Strand Hospitality development projects in North Carolina. The Home2 Suites by Hilton in Belmont, NC is scheduled to break ground in mid-to-late August. Due to this hotel’s unique location and association with Belmont Abbey College, the project will include custom features and upgrades similar to those found at the Hampton Inn Charlotte-Belmont at Montcross, which is under the same ownership.

Pharr Recognized at Annual NCDOL Safety Awards

The N.C. Department of Labor recognized area employers and employees at the agency’s annual safety awards banquet in Gastonia on Tuesday. The awards honor the on-the-job safety achievements of each recipient during 2018.

Pharr Hosts President of National Council of Textile Organization

The National Council of Textile Organizations (NCTO) President and CEO, Kim Glas, toured Pharr and presented a policy update at the Pharr Showroom in McAdenville, N.C., on Thursday, May 16, 2019.

Phenix Flooring Host First Design Council

Phenix Flooring, a Pharr Family Company, hosts first Design Council! Nine selected designers spent three days with the Phenix product development, marketing and leadership teams discussing home, product and consumer trends, listening to industry experts and providing perspective and feedback on in-progress Phenix product designs.

New Bakery Now Open

Kathy Ramsey grew up across the street from what is now Floyd and Blackie’s Bakery in Downtown McAdenville. Just like the Cramerton coffee shop, the new bakery will adhere to the same mission statement, a statement which emphasizes God, family, and community.

Are You Smarter Than a Gaston County 5th Grader?

Pharr sponsored “Are You Smarter than a Gaston County 5th Grader” and placed 3rd out of 18 teams on 2/7/19.

New Phenix Flooring Inspired by Bridal Dresses at TISE 2019

Since 2006, Phenix Flooring has strived to create only the best residential carpet. The company’s products are known for beauty, durability, and quality. But have you ever wondered where the inspiration behind the company’s designs come from?

Christmas Town U.S.A. Lights Up

It’s our hope that you will come back and enjoy the lights with your friends and family as much as you can and as much as you would like over the next 26 days. once you ride through or walk through the Christmas lights, you are always left with a sense of renewal and hope, and thankful for the wonder of Christmas that has an undeniable power to always lift the human spirit. – Bill Carstarphen, Pharr CEO

McAdenville Named One of the Top 9 Best Christmas Vacation Destinations in the US

McAdenville, NC and Christmas Town U.S.A. were named one of the top 9 best Christmas Vacation Destinations in the United States by Trips to Discover.

Pharr Featured in Gaston Lifestyle Magazine

Pharr, a Family of Companies was featured in Gaston Lifestyles Magazine as a company that is vital to Gaston County’s economic success.

Belle Boutique Grand Opens in Mcadenville

A new shopping destination, Belle Boutique, is opening at 109 Main Street in downtown McAdenville, on Saturday, June 2. Belle Boutique joins recent new businesses, including William Henry Salon, McAdenville Table & Market…

Phenix at Surfaces 2018

Phenix delivers another incomparable show experience at this year’s International Surfaces Event. The International Surfaces Event is held annually at Mandalay Bay in Las Vegas, Nevada.

Reconnecting with the River

The Town of McAdenville and Pharr A Family of Companies, together with The Catawba Land Conservancy, are pleased to announce the creation of a riverfront park and trail network along the South Fork River and downtown McAdenville.

Are You Smarter then a 5th Grader?

Pharr A Family of Companies participated in Gaston County Schools “Are You Smarter Than a 5th Grader?” competition in January where Pharr associates competed with  5th graders to correctly answer trivia questions related to their school subjects.

Table + Market Grand Opening

Owners Jim and John Bailey along with both the Montcross Area Chamber of Commerce and the Gaston Regional Chamber of Commerce celebrated the grand opening and ribbon cutting of The McAdenville Table & Market on January 16, 2018!

Make A Difference Day

Make A Difference Day is the most encompassing national day of helping others — a celebration of neighbors helping neighbors. Make A Difference Day is an annual event that takes place on the fourth Saturday of every October.

115 Main Gifts + Provisions

Downtown McAdenville continues to grow, now with the addition of 115 Main Gifts & Provisions, an upscale retail boutique located in the heart of the downtown district.

Strand Opens SpringHill Suites, New Smyrna Beach

Sunshine and summertime were in the forefront of guests’ minds last week at the SpringHill Suites in New Smyrna Beach, Fla. as the hotel celebrated its grand opening with a beach themed cocktail reception Tuesday evening.

Gaston Girls on the Run 5K

Pharr A Family of Companies sponsored the third annual “Let the Good Times Run” gala event to benefit Girls on the Run Gaston County. Proceeds raised help to ensure that nearly 60 percent of girls served by Girls on the Run.

Strand Acquires Two Kinston Properties

Strand Hospitality Services, a leading provider of hospitality operations, consulting and advisory services, recently announced that it has assumed management of the Hampton Inn-Kinston and the Holiday Inn Express-Kinston.

Videos

Interactive Media Stories from the Pharr Family of Brands

Strand Hospitality Management Celebrates 50 Years

Video

Did you know that Strand Hospitality is celebrating 50 years of service this year? Pharr will be helping them celebrate all year long on this big accomplishment. Check out this interview by Glenn Haussman, friend and host of No Vacancy News, with Strand President, John Pharr, and SVP, Andrew Pace on this milestone and what Strand has done to be successful and continue to be successful for years to come!

Mark Clayton and Jason Surratt Discuss Phenix’s Bold New Styling for 2019

Video

Learn about Phenix Flooring’s bold new stylings from 2019 from Mark Clayton, President and Jason Surratt, VP of Design

Pharr Brand Startegy 2018

Video

Learn about the recent evolution of Pharr’s branding in a conversation with Pharr President and CEO Bill Carstarphen.

Pharr Merges with Phenix Flooring

Video

Bill Carstarphen, CEO of Pharr Yarns; Mark Clayton, President of Phenix; and Rich Pattinson, President of Pharr Yarns, discuss the merger between Phenix Carpet and Pharr Yarns.

Pharr Fibers and Yarns Turns 75

Video

A brief history celebrating the 75+ years of Pharr Fibers and Yarns, and goals for future growth.