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November 23, 2009 10:20 AM ET
Appliances and Furniture
Shaw Industries, Inc.

Company Overview

Shaw Industries, Inc., a flooring company, manufactures carpets. It offers area rugs; tiles and stones, including ceramic and porcelain tiles, and natural stones; hardwood floors; and laminate flooring products. The company offers carpets for residential and commercial, indoor/outdoor, family friendly, and heavy traffic applications. It also provides post-consumer carpet collection and recycling services. The company serves customers in the health care, education, corporate office, government, and retail sectors in the United States and Canada. Shaw Industries was formerly known as Philadelphia Holding Company and changed its name in 1971. The company was founded in 1967 and is based in Dalt...

Detailed Description

616 East Walnut Avenue

Dalton, GA 30722-2128

United States

Founded in 1967

30,000 Employees

Phone:

706-278-3812

Fax:

706-275-3430

www.shawfloors.com

Key Executives

Chief Executive Officer and Executive Vice President of Operations
Age: 57
President
Co-Founder and Chairman
Age: 77
Chief Financial Officer
Age: 51
Head of Shaw Contract Group Brand in Miami-Dade
Compensation as of Fiscal Year 2009.

Key developments for Shaw Industries, Inc.

Shaw Industries Inc. Plans to Close Ringgold, Ga., Yarn Plant and Cut 430 Jobs

Shaw Industries Inc. announced that it will be closing its nearby Ringgold, Ga., yarn plant 'in the coming weeks'--cutting 430 jobs. Shaw's plants in Valley Head, Ala., and Tifton and Chatsworth, Ga., fortunately will remain open. Commendably, the company will continue to pay its Ringgold employees for the next 60 days, easing the eventual pain at least for a while. The slackening economy is taking its toll.

KB Home Teams up with Shaw Industries to Offer Environmentally Friendly Recyclable Carpet in all New Homes

KB Home announced that it has teamed up with Shaw Industries Inc. to offer only environmentally friendly recyclable carpet in all its new homes. These carpets are made of Nylon 6, the only material capable of being continuously recycled into dyeable carpet fiber. Every home that uses recycled carpet fiber saves approximately 108 cubic feet of landfill space and also prevents emissions equivalent to 1,700 pounds of carbon dioxide (CO2). KB Home homebuyers can now choose between Shaw's Anso(R) nylon carpets and other Nylon 6 carpets, both of which are recyclable using a cradle-to-cradle manufacturing process that converts old carpet into a raw material that can be used to make new carpet. This practice mimics the renewal process in which natural products can be returned to the earth for decomposition.

DAK Americas, Llc Enters Joint Venture with Shaw Industries Inc. to Recycle PET in US

A joint venture between DAK Americas, LLC and Shaw Industries Inc. is building the first phase a polyethylene terephthalate recycling plant in Fayetteville, North Carolina. The joint venture, called Clear Path Recycling, will initially supply post-consumer recycled plastic for Shaw's carpet business, and will set the groundwork for DAK to begin putting the plastic into staple fibre and PET resins. Clear Path Recycling aims to begin operations with 160m lb/year (72,600 tonnes/year) input capacity by the first quarter of 2010 before expanding the facility to handle 280m lb/year by 2012. The Clear Path Recycling facility in Fayetteville will be located at the DAK Americas Cedar Creek site and will add around 100 new jobs.

Similar Private Companies By Industry

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Kraftmaid Cabinetry Inc. United States
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Missouri Equipment Company United States
L.R. Nelson Corporation United States

Recent Private Companies Transactions

Type
Date
Target
Bankruptcy
October 1, 2009
A&M Carpet
Bankruptcy
September 30, 2009
PS America, Inc.
Bankruptcy
September 10, 2009
Hoffman Floor Covering Co., Inc.


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