Applied Felts is Undergoing a $3 million expansion at its Henry County Operation
Henry County, Va. (April 25, 2017) — Applied Felts is undergoing a $3 million expansion at its Henry County operation.
The 21,000-square-foot addition to its building in the North Bowles Industrial Park and two new lines of equipment will allow the company to serve new markets and meet growing demand for its pipe liners, according to Carl Fleming, Financial Controller.
Applied Felts makes liners, mostly for sewer pipes, using Cured in Place Pipe (CIPP) technology. CIPP involves felt liners being injected with resin and cured inside existing pipe. The company’s website states that its customers include large and small contractors, municipalities and entities in between.
The local plant employs about 135 people and will add 15 general manufacturing jobs with the expansion. Fleming anticipates that the building will be completed and one line operating by late spring, while the other new line should be up and running this fall.
To help with the project, Applied Felts will receive $52,897 over five years from the Henry County Enterprise Zone Fund and $35,000 from the Tobacco Region Revitalization Commission.
Delegate Danny Marshall stated, "It is great to watch a successful business expand and offer more jobs in our region. The Tobacco Commission is pleased to help support the growth of Applied Felts with a $35,000 grant. The company's $3 million investment in building expansion and machinery for increased production is an important investment in our community because it provides more jobs. We appreciate Applied Felts choosing to expand its line locally and hope that they have great success with their new markets.”
“We congratulate Applied Felts on its expansion,” said Jim Adams, Chairman of the Henry County Board of Supervisors. “The company is one of our most solid corporate citizens, and we look forward to its continued success. We are blessed to have the company in Henry County.”
“As Applied Felts continues to grow and expand its Henry County operations it is a testament to the companies’ strong position in a unique global market. We look forward to their continued success”, said Mark Heath, President/CEO of the Martinsville-Henry County EDC.
Applied Felts is a subsidiary of the W.E. Rawson Group, which was founded in the United Kingdom in 1865 and manufactures textiles for a number of applications. In 1997, Applied Felts expanded to the United States with its manufacturing plant in Henry County.
The company helped create the CIPP process and now is an international leader in supplying liners for customers worldwide.