EXHIBIT 10.65

    Wachovia Bank, N.A.     Risk Management     Carolinas Region     SC8467    
Post Office Box 969     Greenville, SC 29602

(WACHOVIA LOGO)

WACHOVIA

    June 12, 2003       Mr. Charles R. Tutterow     Executive Vice President    
JPS Industries, Inc.     555, North Pleasantburg Drive     Suite 202    
Greenville, SC 29607

        Re: Obligor # 4794862899, Obligation # 1331016     Modification to
June 11, 2003 letter.

    Dear Chuck:       Reference is made to that certain Revolving Credit and
Security Agreement dated as of May 9, 2001, and subsequent modifications,
between JPS Industries, Inc. (the “Borrower”) and Wachovia Bank, National
Association (the “Bank”). The Revolving Credit and Security Agreement and all
other documents executed and delivered in connection therewith are collectively
referred to herein as the “Loan Documents”. All capitalized terms used but not
defined herein shall have the meanings assigned in the Loan Documents.       The
document provides:       Funded Debt to EBITDA Ratio. Borrower shall at all
times maintain, on a consolidated basis, a ratio of Funded Debt to EBITDA of not
more than 2.75 to 1.00 through fiscal quarter ending January 31, 2003, and of
not more than 2.00 to 1.00 at fiscal quarter ending April 30, 2003 and at all
times thereafter.       The Bank has determined that the Borrower has violated
the above-referenced provision due to the following:       Per the Borrower’s
quarterly compliance report for the fiscal quarter ended May 3, 2003, Funded
Debt to EBITDA Ratio is 3.22.       The Borrower has requested the Bank’s
waiver, and the Bank does hereby waive the Borrower’s default under this
provision for the second quarter ended May 3, 2003, subject to Borrower’s
execution of and return of this letter. This waiver is limited to the default
recited above and shall not be construed to be a waiver of any subsequent
default under the referenced provision, or of any existing or future defaults
under any other provision of any Loan Document.

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    Bank and Borrower agree to modify the pricing matrix on the Revolving Credit
Facility, as follows (pricing tier/funded debt to EBITDA ratio/applicable rate
margin):       Tier VII/Greater than 2.25 to 1.0 but £ 3.0 to 1.0. / 2.35%
(revised).       Tier VIII/Greater than 3.0 to 1.0 but £ 4.0 to 1.0. / 2.70%
(new).       Tier IX/Greater than 4.0 to 1.0. / 2.95% (new).       The pricing
matrix changes will be evidenced by a separate modification agreement. The rate
in effect with the modification will be LIBOR + 2.70% and will be retroactive to
June 1,2003.       The Borrower, by signature below, represents and warrants
that there exist no defaults or event of default under the Loan Documents other
than those specifically waived herein, that the Loan Documents are in full force
and effect, and that Borrower does not have any defenses to its obligations
under the Loan Documents nor any claims against Bank.       Please evidence your
acceptance of the terms of this waiver by signing and returning to the Bank a
copy of this letter bearing original authorized signature of each of the parties
indicated.

              Very Truly Yours,               WACHOVIA BANK, NATIONAL
ASSOCIATION               BY:        /s/ David S. Sampson        

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             David S. Sampson              Vice President

    ACCEPTED AND AGREED TO:       JPS Industries, Inc.

                  By:        /s/ Charles R. Tutterow   By:          

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           Name: Charles R. Tutterow             Name:            Title:
Executive Vice President & CFO             Title:

  Date:   June 12, 2003   Date:                  

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