Pharr Closes on Sale of High Performance Yarns Unit to Coats
Pharr, a diversified provider of differentiated textile products and assorted real estate businesses, recently closed the sale of Pharr High Performance to Coats Group plc (Coats) under an agreement announced in November 2019.
Last week, Pharr announced completion of the sale of its Pharr Fibers & Yarns and Phenix Flooring business units to Mannington Mills of Salem, NJ, which was also announced last November.