Press Releases Archives | 91��Ԫ

McAdenville Hosts Community Day to Celebrate Grand Opening of Trail Addition as Town Projects Progress

dave — Wed, 17 May 2023 12:53:19 +0000

McAdenville Hosts Community Day to Celebrate Grand Opening of Trail Addition as Town Projects Progress

Fun-filled event recognizes riverfront development progress, including trail updates and new business openings

FOR IMMEDIATE RELEASE
Media Contact:
Hallie Dean, Luquire (hdean@luquire.com 704-807-2083)

May 15, 2023 (McADENVILLE, N.C.) – The Town of McAdenville is inviting the community to join together on June 3 for “McAdenville Community Day,” a public event celebrating the South Fork River and the newest section of the Carolina Thread Trail in observance of National Trails Day.

McAdenville Community Day 2023 will feature food trucks, live music, kayak rentals, a firework display by Pyrotecnico and plein air painting by local artists. The event, which is open to the general public and free of charge, kicks off at 4 p.m. at the historic bell tower in the center of town, with a ribbon-cutting for the 91��Ԫ Yarns Family Trail and the McAdenville Greenway.

“McAdenville welcomes hundreds of thousands of visitors each December to enjoy the Christmas light display and now we hope McAdenville Community Day provides us another opportunity to gather and celebrate the year-round offerings the town of McAdenville has available for its residents and visitors,” said McAdenville Mayor Jim Robinette.

Visitors and residents are also invited to arrive early to visit the eclectic group of downtown restaurants and shops on Main Street, which will be open throughout the day, where musician Caleb Davis will perform that afternoon. Event attendees are encouraged to bring lawn chairs or blankets to enjoy the greenspace with a backdrop of the historic bell tower and 1880s vintage turret wall as live music is provided from bands Temperance League and Cassette Rewind.

More information on the event is available at .

The event is sponsored by hometown company, 91��Ԫ, and supported by the Catawba Lands Conservancy, the Carolina Thread Trail, the Catawba Riverkeeper, the McAdenville Women’s Club, the Town of McAdenville and the W.J. 91��Ԫ Family YMCA. The 91��Ԫ Yarns Family Trail and the McAdenville Greenway combine to provide nearly five miles of greenway through McAdenville, featuring views of the South Fork River and the falls at the McAdenville dam. These trails are part of the 23-mile Matthews Belk South Fork River Corridor which will eventually extend from Spencer Mountain to the Daniel Stowe Botanical Garden, linking the cities of Ranlo, Lowell, McAdenville, Cramerton and Belmont.

“We believe these trails, in addition to the South Fork River blueway, immediately create multiple outdoor recreational options for bikers, walkers, kayakers and all adventurers,” said 91��Ԫ CEO Bill Carstarphen. “When the 23-mile Corridor is complete, it will be an incredible amenity for the Charlotte region, providing not only recreation, but a blend of active experiences such as dining, entertainment, events and shopping in historic downtowns and beautiful settings.”

Over the past year, 91��Ԫ has been working through a series of renewal projects focused on fostering continued growth in the historic community. In September, 91��Ԫ announced the opening of the Dynamo 31 building and its first tenant, the Catawba Riverkeeper, as a result of the adaptive reuse to class A office space of a former 1940s 91��Ԫ Yarns mill adjacent to 91��Ԫ’s corporate office in downtown McAdenville. The Dynamo 31 project was named as a finalist for the 2022 “Heavy Hitter Awards” in the best adaptive reuse real estate project classification by the Charlotte Business Journal.

In late 2022, 91��Ԫ completed the restoration and beautification of 91��Ԫ Mill Lake at the center of town, improving the health of the lake and the fish and wildlife that inhabit it. A new fountain in the center and “floating Christmas trees” were added for McAdenville’s iconic Christmas Town U.S.A.R celebration.

91��Ԫ’s renovation to the shell of the 1907 riverfront historic mill building at the center of town is now complete. Known as McAden Mill No. 3, the building is currently conceived as a future home to commercial uses such as food and beverage, retail, events and entertainment space with residents and year-round visitors in mind, embracing the riverfront with outdoor seating.

Following the addition of craft coffee shop Knowledge Perk and ice cream shop Two Scoops Creamery to Downtown Main Street in December, new businesses coming to Main Street include Laundry Dae – a women’s fashion clothing boutique that will offer rentals as well as women’s clothing for purchase – and a retail expansion of beloved restaurant Terra Mia, for fresh-made pasta, gelato and takeaway prepared foods. So far this year, the Dynamo 31 office building has already added an Edward D. Jones office, professional services firm Chitwood & Skidmore CPA PA, massage therapist Arches Bodywork and MECA Commercial Real Estate.

On the exciting updates, Carstarphen commented, “We greatly appreciate the Town’s leadership that has been so supportive, and our local businesses that have added so much to our Town, helping to convince these new businesses that McAdenville is the place to be. We hope to see you at McAdenville Community Day!”

91��Ԫ

91��Ԫ is a family-owned company with a rich 80+ year history with businesses centered around its developing and growing community. 91��Ԫ is comprised of three businesses: real estate developer Belmont Land and Investment Company, hospitality management business Strand Hospitality Services, and investment company Greenleaves Capital. More information can be found at www.pharrcorp.com.

What’s New at 91��Ԫ

Explore the latest happenings, news, upcoming events and more!

News & Press

The post McAdenville Hosts Community Day to Celebrate Grand Opening of Trail Addition as Town Projects Progress appeared first on 91��Ԫ.

McAdenville’s Dynamo 31 Building Officially Opens as Beautification Projects Progress Around Town

dave — Thu, 15 Sep 2022 15:37:09 +0000

McAdenville’s Dynamo 31 Building Officially Opens as Beautification Projects Progress Around Town

Opening of the highly anticipated, renovated mill signifies milestone moment in 91��Ԫ’s rejuvenation plans as the town gears up for new beautification activity

FOR IMMEDIATE RELEASE
Media Contact:
Hallie Dean, Luquire (hdean@luquire.com 704-807-2083)

Sept. 16, 2022 (McADENVILLE, N.C.) – A few months after first announcing a substantial string of renewal projects focused on fostering continued growth in the historic community of McAdenville, hometown company 91��Ԫ has announced the opening of the Dynamo 31 building and its first tenant, the Catawba Riverkeeper.

The former 1940s 91��Ԫ Yarns mill adjacent to 91��Ԫ’s corporate office in downtown McAdenville has been converted to class A office space. The Dynamo 31 name comes from Thomas Edison’s 31st hydroelectric generator that was built and installed in 1884 by the Edison Electric Illuminating Company to light McAden Mills No. 1 and No. 2, believed by many historians to have been the first electrically lit textile mills in the world.

The Catawba Riverkeeper is the first tenant to occupy Dynamo 31, to be joined soon by Custom Physical Therapy & Fitness. Leases with two other professional services providers are in process, leaving approximately 6,800 square feet available for lease.

“We’re humbled and encouraged by the major progress we’ve made in our efforts so far and the positive impact it’s had in our community already,” said 91��Ԫ CEO Bill Carstarphen, the family’s third-generation company leader. “Today we’re excited to share updates on the status of current projects and announce additional plans to keep the momentum and widespread energy going.”

On the heels of the fully redesigned mill announcement, 91��Ԫ is rolling out phase two of its overall plan, which includes exciting updates to original work and new elements of construction specifically focused on beautification.

91��Ԫ has been working with renowned landscape architects and civil engineers from LandDesign Inc. on plans for the refurbishment and beautification of the lake at the center of town. The earlier announced dredging project has concluded and a bank restoration project will soon be underway, which should improve the health of the lake and the fish and wildlife that inhabit it.

The lake will also undergo a landscape redesign, including new trees clustered near the lake, a new fountain in the center and “floating Christmas trees” during the holiday season. Though the current Norway Spruce trees are a familiar element of the town’s iconic Christmas Town U.S.A.TM celebration, they’ve grown too large to safely light and enjoy.

91��Ԫ has worked closely with LandDesign to select new trees, including conifers, flowering trees and hardwoods, that will be set back from the lake, resulting in stunning colors across all seasons. The town will also have new opportunities to safely enjoy the lake’s beauty with a new trail extension overlooking the north side of the lake and connecting to both the Carolina Thread Trail and the McAdenville Greenway.

In other development news, renovations are underway to the riverfront historic mill building at the center of town – opened in 1907 and originally known as McAden Mill No. 3. The roof replacement project is nearly complete, interior flooring repair/replacement is in progress and new windows will soon be installed. 91��Ԫ believes that this open-air gathering space can be converted into commercial uses such as food and beverage, retail and entertainment with residents and year-round visitors in mind, embracing the riverfront with outdoor seating.

Elsewhere downtown, , a new bottleshop/taproom for wine and craft beer, is now open and serving its tasty beverages to the town of McAdenville. Modest Market, a shop offering fresh flowers, floral arrangements and botanic art, will soon join the taproom and other local establishments. Later this year, coffee shop Knowledge Perk and ice cream shop Two Scoops Creamery will open.

From a recreational perspective, grading will soon begin on the McAdenville extension of the Carolina Thread Trail, a 10-foot-wide paved walking trail along the South Fork River with views of the falls at the McAdenville dam. This new trail, connecting an existing trailhead near the I-85 bridge to the picturesque J.M. Carstarphen bridge overlooking the falls, will be an important segment of a 26-mile trail along the river that will eventually extend from Spencer Mountain to the Daniel Stowe Botanical Garden, linking the cities of Ranlo, Lowell, McAdenville, Cramerton and Belmont.

“We’re so grateful for the community’s continued support and patience in this process,” added Carstarphen. “We look forward to gathering in these new spaces and celebrating this special town and its important history for years to come.”

Details around construction, timing and tenants are subject to change, and additional announcements will follow as plans are finalized.

91��Ԫ

91��Ԫ is a family-owned company with a rich 80+ year history with businesses centered around its developing and growing community. Presently, 91��Ԫ has established three businesses: real estate developer Belmont Land and Investment Company, hospitality management business Strand Hospitality Services, and investment company Greenleaves Capital. More information can be found at www.pharrcorp.com. Interested parties can direct leasing questions to Eric Clay at Coldwell Banker Commercial MECA (704-806-9977).

What’s New at 91��Ԫ

Explore the latest happenings, news, upcoming events and more!

News & Press

The post McAdenville’s Dynamo 31 Building Officially Opens as Beautification Projects Progress Around Town appeared first on 91��Ԫ.

91��Ԫ Creates Investment Arm, Greenleaves Capital, to Expand its Portfolio of Businesses

dave — Wed, 07 Sep 2022 13:49:26 +0000

91��Ԫ Creates Investment Arm, Greenleaves Capital, to Expand its Portfolio of Businesses

Cross-Industry Leader with Strong Values and a Wealth of Experience Looks to Invest Equity and Management Expertise in Like-Minded Businesses

September 7, 2022 (McADENVILLE, N.C.) – With sights set on long-term, sustainable growth, 91��Ԫ today announced the establishment of Greenleaves Capital LLC, a new extension of the family-founded company focused on identifying investment opportunities in businesses that are seeking ownership transitions and capital from an experienced company with a proven track record.

91��Ԫ has an 80+ year history in McAdenville, North Carolina, where its businesses have been a catalyst for helping develop a diverse and growing community. In early 2020, 91��Ԫ sold its manufacturing operations to leaders in their respective industries – 91��Ԫ’s High Performance yarn business was sold to UK-based Coats Group, the world’s leading industrial thread manufacturer; 91��Ԫ Fibers & Yarns and Phenix Flooring were purchased by Mannington Mills, one of the world’s leading flooring manufacturers. The moves created an opportunity for the company to reinvent itself and stay relevant in a fast-changing market.

Led by CEO Bill Carstarphen, the family’s third-generation company leader, 91��Ԫ intends to reinvest the sale proceeds in its community and beyond in fresh, new ways. Joining current 91��Ԫ operations – residential and commercial real-estate developer Belmont Land & Investment Co., and hospitality management business Strand Hospitality Services – Greenleaves Capital will leverage 91��Ԫ’s industry experience to invest in other operating businesses, providing services, management, capital and more to support future growth.

“The decision to sell our company’s – and family’s – legacy textile business was very difficult, but we’ve spent the last two years carefully planning for what’s next and are excited for this new chapter with Greenleaves Capital,” said Carstarphen. “91��Ԫ is well positioned for growth as a result of this diversification strategy, which will in turn benefit our associates, our future business partners and most importantly, our community.”

With a history of successfully operating and growing multiple businesses, and the experience of overcoming challenges including recessions, offshore competition and pressure from bigger players, 91��Ԫ and its Greenleaves Capital investment arm are positioned to be an ideal, value-added partner for businesses.

��“Our ideal investment target is a healthy, privately held organization that is led by a strong management team, currently generating at least $2 million to $3 million in annual operating cash flow and with operations primarily based in the Southeast,” added Carstarphen.

Greenleaves Capital is built on a solid foundation, bringing to the market and its future investments a unique mix of capabilities and approaches, including:

Core Values: The company uses the acronym FIRST to capture its guiding principles for how it conducts business: Family, Innovative, Responsive, Strong Relationships and Trustworthy.
Financial Stability: 91��Ԫ strategically preserved the proceeds from the sale of its manufacturing operations to be diversified and reinvested in sound, long-term partnerships.
Experience: The leadership team at 91��Ԫ’s helm has a desire to both share the team’s knowledge and experience with new partners and learn from the experience of others.

Inquiries concerning Greenleaves Capital or the partner search process can be directed to Bill Carstarphen, President of Greenleaves Capital, at bill.carstarphen@pharrcorp.com; Fred Erickson, CFO of Greenleaves Capital, at fred.erickson@pharrcorp.com; or Phillip Ross of Brown Brothers Harriman at phillip.ross@bbh.com. More information can be found at www.pharrcorp.com.

XXX

91��Ԫ

91��Ԫ is a family-owned company with a rich, 80+ year history with businesses centered around developing a diverse and growing community, At present day, 91��Ԫ has established three businesses:�� residential and commercial real-estate developer Belmont Land & Investment Co., hospitality management business Strand Hospitality Services and most recently, investment firm Greenleaves Capital. Interested parties for investment opportunities should be directed to Phillip Ross of Brown Brothers Harriman at phillip.ross@bbh.com. More information can be found a .

What’s New at 91��Ԫ

Explore the latest happenings, news, upcoming events and more!

News & Press

The post 91��Ԫ Creates Investment Arm, Greenleaves Capital, to Expand its Portfolio of Businesses appeared first on 91��Ԫ.

McAdenville’s Makeover: 91��Ԫ’s Renovation Projects Signal Town’s Shift Toward Becoming a Year-Round Destination

dave — Sun, 07 Aug 2022 22:34:32 +0000

McAdenville’s Makeover: 91��Ԫ’s Renovation Projects Signal Town’s Shift Toward Becoming a Year-Round Destination

Best known for its spectacular holiday lights, Gaston County town prepares to welcome new retailers, food and beverage providers, office users and recreation enthusiasts

FOR IMMEDIATE RELEASE
Media Contacts:
Hallie Dean, Luquire (hdean@luquire.com 704-807-2083)

March 2022 (McADENVILLE, N.C.) – In a careful blend of preserving rich, important history and capitalizing on exciting economic opportunities, 91��Ԫ, a local company with deep roots in the quiet town of McAdenville, is unveiling a series of renovation and renewal projects to foster continued growth in the historic community.

A quintessential small town situated along the South Fork River, McAdenville was named in 1883 for McAden Mills, the textile company that was started there by R.Y. McAden. Acquired in 1939 by visionary William J. 91��Ԫ and family members, 91��Ԫ remains a family-owned company that for generations has been a positive force in the town, and is now reimagining its riverfront property and spaces that once housed yarn manufacturing, repurposing them for new businesses and year-round visitors with much to offer the community.

McAdenville is perhaps best known today as “Christmas Town U.S.A.®” for its annual Christmas lights tradition that attracts visitors from miles away. But the town is now ready and more than prepared to show people what it’s all about beyond the holiday display, striving to be viewed as a year-round destination.

“Today we’re thrilled to announce the beginning of a series of projects to invest in McAdenville’s future while honoring its rich history,” said 91��Ԫ CEO Bill Carstarphen, the family’s third-generation company leader. “By putting our efforts and energy behind carefully selected, sound investments, we hope to invite and attract new businesses, customers, families and outdoor enthusiasts, while keeping our close-knit-community feel.”

The former 1940s 91��Ԫ Yarns mill adjacent to 91��Ԫ’s corporate office in downtown McAdenville is being converted to class A office space, to be known as the Dynamo 31 Building. The name symbolizes the hydroelectric generator built and installed in 1884 by the Edison Electric Illuminating Co. to light McAden Mills No. 1 and No. 2, believed by many historians to have been the first electrically lit textile mills in the world. The repurposed building’s first tenant, The Catawba Riverkeeper Foundation, will move in by mid-May, with more tenants expected to follow shortly after.

Renovations are also under way on the historic Mill No. 2 building, including replacing the turret roofs with new copper, repointing the brickwork and adding new windows. Brick surfaces will also be treated to restore their original appearance, while newly installed uplighting will provide a dramatic nighttime presence.

The historic mill building at the center of town, opened in 1907 and originally known as McAden Mill No. 3, is being transformed into space that will likely house commercial uses such as food and beverage, retail and/or entertainment space. The open-air gathering space will be designed with customers in mind, embracing the riverfront with outdoor seating and entertainment. The initial renovations are focused on the building’s exterior and flooring, and are expected to be completed within the next few months.

Elsewhere in downtown McAdenville, 115 Craft, a new taproom and retailer for wine and craft beer, will soon join the list of local establishments that include recent addition Revolver Records, a retailer of vinyl records and related merchandise.

Also seeking to add recreational opportunities for McAdenville’s residents and visitors, 91��Ԫ is constructing an extension of the Carolina Thread Trail, a 10-foot-wide paved walking trail along the South Fork River with views of the falls at the McAdenville dam, connecting an existing trailhead near the I-85 bridge to the picturesque J.M. Carstarphen bridge overlooking the falls. This new trail in McAdenville will be an important segment of a 26-mile trail along the river that will eventually extend from Spencer Mountain to the Daniel Stowe Botanical Garden, connecting the cities of Lowell, McAdenville, Cramerton and Belmont.

Additionally, the picturesque lake in the heart of downtown is being dredged, and a newly landscaped perimeter will be added, to offer better access and views for the community while improving the health of the lake for fish and other wildlife.

“Our beloved town is known for its quaint, kind offerings and for our Christmas Town USA spectacle, but we are so much more than that,” said Jim Robinette, mayor of McAdenville. “These renovations will bring economic growth and provide new places to gather for fun and fellowship but most importantly, they will tell the stories of this town and shed a light on its rich history and resilient, good people.”

Details around construction, timing and tenants are subject to change, and additional announcements will follow as plans are finalized.

91��Ԫ

91��Ԫ is a family-owned company with a rich history that has included work in such industries as specialty textile manufacturing, hospitality management and real estate development. 91��Ԫ has an 80+ year history in McAdenville, North Carolina, where its businesses have been a catalyst for helping develop a diverse and growing community. Interested parties can direct questions to Eric Clay at Coldwell Banker Commercial MECA (704-806-9977).

What’s New at 91��Ԫ

Explore the latest happenings, news, upcoming events and more!

News & Press

The post McAdenville’s Makeover: 91��Ԫ’s Renovation Projects Signal Town’s Shift Toward Becoming a Year-Round Destination appeared first on 91��Ԫ.

Floyd & Blackie’s Bakery Expands in McAdenville

Christy Gliddon — Wed, 12 Aug 2020 19:17:57 +0000

The post Floyd & Blackie’s Bakery Expands in McAdenville appeared first on 91��Ԫ.

91��Ԫ Closes on Sale of Two Business Units to Mannington Mills

Christy Gliddon — Mon, 03 Feb 2020 14:02:49 +0000

91��Ԫ Closes on Sale of Two Business Units to Mannington Mills

91��Ԫ, a diversified provider of differentiated textile products and assorted real estate businesses, announced today the sale of its 91��Ԫ Fibers & Yarns and Phenix Flooring divisions to Mannington Mills (Mannington) under an agreement previously announced in November 2019.

Based in Salem, NJ, Mannington manufactures residential and commercial sheet vinyl, luxury vinyl, laminate, resilient and hardwood floors; as well as commercial carpet and rubber.

The acquisitions are expected to 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 company plans to continue current operations at 91��Ԫ’s manufacturing facilities in McAdenville, NC and Dalton, Ga.

In November, 91��Ԫ also announced the signing of its agreement to sell its 91��Ԫ High Performance business, a yarn supplier for the protective apparel industry, to Coats Group plc. That sale is expected to close early this year.

91��Ԫ will maintain its two other companies: 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.

“We built great businesses in 91��Ԫ Fibers & Yarns and Phenix that will continue to thrive as part of Mannington and contribute to its ongoing success,” said Bill Carstarphen, 91��Ԫ’s president, and chief executive officer. “We are very excited to bring this first transaction to a close and we look forward to closing the sale of our High-Performance business as well. We believe that our customers, associates, and communities will greatly benefit as a result.”

91��Ԫ

91��Ԫ began innovating as a yarn manufacturer that serviced textile mills around the world and has continued to serve as a leader across multiple services and industries, providing our partners, vendors and customers with quality service and innovative thinking. 91��Ԫ is headquartered in McAdenville, NC.

About Mannington

One of the world’s leading manufacturers of fine flooring, Mannington Mills, Inc., is based in Salem, New Jersey (USA). The company manufactures residential and commercial sheet vinyl, luxury vinyl, laminate, resilient and hardwood floors; as well as commercial carpet and rubber under the Mannington Residential, Mannington Commercial, Amtico and Burke brands. Founded in 1915 by John Boston Campbell, the company is still privately held and owned by the Campbell family. Now in its second century of doing business in the USA, Mannington Mills remains committed to quality, customer satisfaction, and innovative manufacturing with award-winning product design, state-of-the-art processes, and industry-leading programs.

What’s New at 91��Ԫ

Explore the latest happenings, news, upcoming events and more!

News & Press

The post 91��Ԫ Closes on Sale of Two Business Units to Mannington Mills appeared first on 91��Ԫ.

Phenix Flooring Hires New Marketing Manager

Christy Gliddon — Wed, 02 Oct 2019 15:07:14 +0000

Phenix Flooring Hires New Marketing Manager – Cristy Ponder

, a 91��Ԫ 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.

“We are thrilled that Cristy will be working as our marketing manager. Cristy has an outstanding skill set and her industry experience is invaluable,” said Darby Moraitakis, director of marketing for Phenix Flooring. She adds, “Her strong leadership and project management skills will be an asset to our growing marketing team.”

Ponder previously worked as an advertising manager for Mohawk Industries. She brings more than 30 years of industry experience to her role with Phenix. Ponder will be located in Phenix’s Dalton headquarters.

About Phenix Flooring

Phenix Flooring, a leader in the flooring industry and industry-pioneer in the solution-dyed arena, manufacturers premium P.E.T and nylon carpet for a variety of independent and box retailers across the U.S. Phenix creates stylish, trend-setting collections through their commitment to research and development and the use of the latest in innovative technology. Above all, Phenix prides itself on its promise to deliver their clients the highest standard of service. Phenix is a 91��Ԫ family company.

What’s New at 91��Ԫ

Explore the latest happenings, news, upcoming events and more!

News + Press

The post Phenix Flooring Hires New Marketing Manager appeared first on 91��Ԫ.

91��Ԫ Honored at Business of Manufacturing Awards

Christy Gliddon — Mon, 23 Sep 2019 20:41:07 +0000

91��Ԫ Honored at Business of Manufacturing Awards

McAdenville-based corporation awarded for industry excellence and leadership.

91��Ԫ a family of companies and leader in manufacturing, recently won the ‘Visionary Leadership Award’ at the 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.

��

“We’re honored to accept the Visionary Leader in Manufacturing Award at this year’s awards program. Innovation was an integral part of our foundation and continues to be important to our business operations and plans for the future,” said Bill Carstarphen, President & CEO of 91��Ԫ. He adds, “It’s an honor to be recognized amongst the Charlotte business community for the hard work our associates put into our five different business units.”

��

Organizations were submitted for consideration by the Charlotte Business Journal and judging for the awards program was done by Central Piedmont Community College. The criteria used to evaluate nominees and select a winner included the number of jobs, level of capital investment, market disruption caused by technology and/or innovation and environmental sustainability.

��

This was the inaugural Visionary Leadership Award at the Business of Manufacturing Awards event and 91��Ԫ was honored to be the first time recipient. ��

The 91��Ԫ Family of Companies includes five organizations— Phenix Flooring, 91��Ԫ Fiber & Yarns, 91��Ԫ HP, Strand Hospitality and Belmont Land.

��

91��Ԫ, A Family of Companies

91��Ԫ, A Family of Companies began innovating in 1939 as a yarn manufacturer that serviced textile mills around the world and has continued to serve as a leader across multiple services and industries, providing our partners, vendors and customers with quality service and innovative thinking. The family of companies has grown to include 91��Ԫ Fibers & Yarns, 91��Ԫ High Performance, Phenix Flooring, Strand Hospitality Services and Belmont Land & Development. 91��Ԫ is headquartered in McAdenville, NC.

What’s New at 91��Ԫ

Explore the latest happenings, news, upcoming events and more!

News + Press

The post 91��Ԫ Honored at Business of Manufacturing Awards appeared first on 91��Ԫ.

Phenix Flooring Hosts First Design Council

Christy Gliddon — Mon, 03 Jun 2019 20:06:56 +0000

Phenix Flooring Hosts First Design Council

Phenix Flooring, a 91��Ԫ 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.

Read more about Insight Design Council from Floor Trends here:

What’s New at 91��Ԫ

Explore the latest happenings, news, upcoming events and more!

News + Press

The post Phenix Flooring Hosts First Design Council appeared first on 91��Ԫ.

91��Ԫ Hosts President of National Council of Textile Organization

Christy Gliddon — Mon, 03 Jun 2019 19:42:07 +0000

91��Ԫ Hosts President of National Council of Textile Organization

President toured McAdenville facility, addressed key industry challenges

The ) President and CEO, Kim Glas, toured and presented a policy update at the 91��Ԫ Showroom in McAdenville, N.C., on Thursday, May 16, 2019.

“We were pleased to host NCTO for their press conference and media Q&A last week,” said Bill Carstarphen, president, and CEO of 91��Ԫ. He continues, “At 91��Ԫ, we pride ourselves on the ability to anticipate the market’s future needs and collaborate with partners to propel the industry forward. Hosting NCTO in McAdenville and walking Kim through some of the innovative strategies we’re implementing was an honor for the entire 91��Ԫ family of brands.”

Activating support for the U.S. Textile Industry in the 21st Century, the NCTO is a unique association representing the entire spectrum of the textile industry. Glas, the new head of the textile industry’s trade and lobbying group, NCTO, discussed a range of Washington policy issues impacting the industry, including the status of the U.S.-Mexico-Canada-Agreement, USMCA and the Section 301 tariffs on Chinese imports.

NCTO is a Washington, DC-based trade association that represents domestic textile manufacturers, including artificial and synthetic filament and fiber producers.

U.S. employment in the textile supply chain was 594,147 in 2018.
The value of shipments for U.S. textiles and apparel was $76.8 billion in 2018.
U.S. exports of fiber, textiles and apparel were $30.1 billion in 2018.
Capital expenditures for textile and apparel production totaled $2.0 billion in 2017, the last year for which data is available.

What’s New at 91��Ԫ

Explore the latest happenings, news, upcoming events and more!

News + Press

The post 91��Ԫ Hosts President of National Council of Textile Organization appeared first on 91��Ԫ.