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August 29, 2015 2:36 AM ET

Household Durables

Company Overview of Shaw Industries, Inc.

Company Overview

Shaw Industries, Inc. manufactures and supplies carpet, hardwood, laminate, resilient, tile, and stone flooring products, as well as synthetic turf to residential and commercial markets worldwide. The company sells its products through retailers. Shaw Industries, Inc. was formerly known as Philadelphia Holding Company and changed its name to Shaw Industries, Inc. in 1971. The company was founded in 1967 and is based in Dalton, Georgia with salespeople and/or offices in the United States, Australia, Canada, China, India, Mexico, Singapore, and the United Kingdom.

616 East Walnut Avenue

P.O. Drawer 2128

Dalton, GA 30722-2128

United States

Founded in 1967

30,000 Employees

Phone:

706-278-3812

Fax:

706-275-3430

Key Executives for Shaw Industries, Inc.

Chief Executive Officer and Executive Vice President of Operations
Age: 63
President
Co-Founder and Chairman
Age: 83
Chief Financial Officer, Principal Accounting Officer and Executive Vice President
Age: 57
General Counsel, Vice President and Secretary
Age: 63
Compensation as of Fiscal Year 2015.

Shaw Industries, Inc. Key Developments

Shaw Industries, Inc. to Invest $45 Million in Lexington County, S.C. Carpet Fiber Plant

Shaw Industries, Inc. has announced it is investing at least $45 million in its Lexington County, S.C. carpet fiber plant for additional capacity for both nylon and polyester production. The investment will create more than 50 new jobs. The plant's new polyester extrusion operations will include the use of recycled plastic beverage bottles expanding Shaw's use of the material. Production on the new equipment will begin at the Lexington County plant in the fourth quarter of 2015.

Shaw Industries, Inc. to Cut 160 Jobs at Valley Head Plant

Shaw Industries, Inc. is cutting nearly half the staff at its plant in Valley Head, Ala., as the Dalton, Ga.-based carpet maker continues to shift its production capacity from filmanet to staple products. The company is laying off 160 employees at the Valley Head facility. The Alabama Department of Economic and Community Affairs (ADECA) and its Rapid Response Team will help employees with outplacement assistance and retraining. The company is talking with employers to find opportunities for workers who don't want to transfer to other Shaw facilities, but the company overall has been adding staff in the past couple of years.

Southwest Greens International and Shaw Industries Announces Partnership with Classic Clay

Southwest Greens International along with parent company Shaw Industries, announced partnership with Classic Clay. Based out of Sydney, Australia Classic Clay is the first and only 'waterless' artificial clay tennis court surface. Clay courts are considered the classic surface for discriminating tennis players. Unlike asphalt courts waterless courts allow for year round playability, conserve water and require little maintenance.

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