Therafirm marks 25 years with Knit-Rite
By HME News Staff
Updated 10:19 AM CDT, Tue October 7, 2025
HAMLET, N.C. - Therafirm is marking the 25th anniversary of its acquisition by Kansas City-based Knit-Rite. The acquisition allowed Therafirm to update its production floor to a state-of-the-art facility and expand its line of medical grade compression hosiery, it says. “Therafirm medical compression products may not sound like a fun or fascinating product to produce, but the technology in the plant, the quality of machinery, the experienced team of knitters, sewers, processors and testers are what make Therafirm a world-class textile company,” said Tim Tompson, plant manager. Therafirm and Knit-Rite are celebrating the anniversary throughout the year at the Hamlet, N.C., facility. Therafirm was launched in the mid-1950s as Parke-Davis Pharmaceutical Co. Its flagship product: the first gradient compression stocking to be marketed in the U.S. Park-Davis became Therafirm in the mid-1980s, then Therafirm was acquired by Charles Schoolfraft in 1990 and opened a new facility in Ellerbe, N.C., in 1996. Therafirm was purchased by Knit-Rite in 2000 and both companies were purchased by Thuasne in 2021.
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