Applied Felts, the world's largest independent manufacturer of quality felt liners for the cured-in-place pipe industry, announced that they will invest $6 million to expand its operation in Henry County. The project will create 40 new jobs.

Speaking about the announcement, Governor Bob McDonnell said, "Applied felts is a true Virginia success story. The company established operations in Henry County nearly 15 years ago with nine people, and now employs 128 full time. This investment and expansion creates 40 more valuable employment opportunities in a dynamic region that is on the rebound economically."

"With the rapid deterioration of our country's underground storm drain and sewer system infrastructure, the demand for rehabilitation processes that are cost-effective and cause minimal disruption to our citizens bodes well for the continued growth of our company," said Charlie Mattox, General Manager for Applied Felts. "This expansion will ensure our competitive edge is maintained within our industry."