Server: Netscape-Commerce/1.12 Date: Thursday, 18-Dec-97 04:38:05 GMT Last-modified: Friday, 18-Apr-97 16:33:27 GMT Content-length: 3974 Content-type: text/html
1946
Mr. Clarence Shaw and Mr. John B. McCarty organize
Star Dye Company to dye tufted scatter rugs.
Early 1950s
The first 12-foot wide tufted carpet was manufactured.
1958
Clarence Shaw's sons, J.C. Shaw and Robert E. Shaw, present Chairman and president, respectively, of Shaw Industries, Inc. take over management of Star Dye Company following the death of their father. Robert became chief executive officer.
1960
Star Finishing Company was chartered by Shaw, McCarty, and Marion Manufacturing Company interests. It soon became the world's largest commission finisher of tufted carpet.
1967
Philadelphia Holding Company chartered through the merger of Star Finishing Company, Sabre Carpets, Star Dye Company, and Rocky Creek Mills. The company immediately purchased Philadelphia Carpet Company, which was founded in 1846 as a woven carpet manufacturer, and managed until that time by the Doerr family. Philadelphia Carpets had entered the tufted carpet market in 1958. J.C. Shaw, became its president.
1971
The company name was changed from Philadelphia Holding Company to Shaw Industries, as it went public.
1972
Common stock was first traded on the American Stock Exchange.
1981
Listed on the New York Stock Exchange.
1987
Purchased the Carpet and Rug Division of WestPoint Pepperell, Inc.
1989
Shaw Industries acquired the Carpet Division of Armstrong World Industries, Inc.
1993
Shaw Industries goes international with the purchases of Kossett Carpets, Ltd. in Bradford, England, Abingdon Carpets in Gwent, England, Capital Carpet Industries, Pty., Ltd. in Melbourne, Australia, and Invicta Group Industries Pty., Ltd. in Braybrook, Australia.
1994
Joint venture established with Grupo Industrial Alfa, S.A. de C.V., to manufacture and market carpets, rugs, and related products in Mexico.
1995
Additional acquisitions in Mexico and the United Kingdom significantly expanded Shaw's strength and capabilities in those respective markets.