Applied Felts plans a $6 million expansion of operations in Henry County, which will bring 40 new jobs. The company, which manufactures custom felt liners for the industrial pipe industry, has been in the county for 15 years and currently employs 128 full-time workers.
“As the leading supplier of CIPP (cured-in-place pipe) products in the U.S., this expansion will insure our competitive edge is maintained within our industry,” Charlie Mattox, general manager for Applied Felts, said in a statement.
The company is a subsidiary of U.K.-based W.E. Rawson Group. The Virginia Economic Development Partnership worked with Henry County and the Martinsville-Henry County Economic Development Corporation to secure the project for Virginia. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $175,000 in Tobacco Region Opportunity Funds. Applied Felts also is eligible to receive benefits from the Virginia Enterprise Zone Program.
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