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Shaw Industries Acquires USFloors

Leading flooring manufacturer completes purchase of fastest growing composite core flooring company

Shaw Industries

Dalton, Ga. – December 5, 2016 – Shaw Industries Group, Inc. (Shaw) announced today that it has completed the purchase of US Floors, Inc. (USFloors). The acquisition will further expand Shaw’s strong position in the resilient luxury vinyl tile (LVT) and hard surface markets.

As a leading innovator and marketer of composite core flooring, as well as cork, bamboo and hardwood products, USFloors will bring an even more diverse portfolio of products to Shaw’s expansive offerings. Composite core encompasses a wide range of evolving flooring products, including wood-plastic composite (WPC) and rigid core board (RCB). The companies’ combined design, innovation, service, and operational excellence will enhance both company’s position in the market.

“This is a marked time of growth and progress as we further expand our resilient and hard surface markets with the purchase of USFloors,” said Vance Bell, Shaw Chairman and CEO. “Piet Dossche and the USFloors team will provide valuable expertise and market insights as we combine these two forward-thinking companies.”

Through the acquisition of USFloors, Shaw has procured the fastest growing company in the composite core flooring market. The purchase will help further solidify Shaw’s commitment to providing the most durable, design-forward and innovative resilient and hard surface products available in the market. Shaw also recently invested more than $100 million in the creation of a new resilient manufacturing facility in Ringgold, Ga., which currently employs approximately 100 associates.

“We are extremely proud to join Shaw, a company known for quality, team work, superior service and operational excellence,” commented Piet Dossche, CEO. “By combining these two stellar flooring companies, we will further empower our talented teams to solidify our COREtec® brand as the leading product within the new composite core flooring category.”

About USFloors
Founded in 2001 by Piet Dossche, USFloors markets its products under the COREtec®, Natural Cork®, Natural BambooTM, NavarreTM  and Castle Combe® Floor and Wall brands.  The company’s manufacturing and corporate facilities are based in Dalton, Georgia, and its distribution facilities are in Dalton; Augusta, Georgia; and Anaheim, California. In addition, USFloors has an extensive QC and Logistic presence in Shanghai China and an International Sales and Marketing office in Belgium, Europe.

About Shaw Industries
Shaw Industries Group, Inc. offers a diverse portfolio of carpet, hardwood, laminate, resilient, tile & stone flooring products, synthetic turf and other specialty items for residential and commercial markets worldwide via its brands Anderson®, Patcraft®, Philadelphia Commercial®, Shaw Contract®, Shaw FloorsTM, Shaw Hospitality®, Shaw Sports Turf®, Southwest Greens®, Tuftex® and more.

Headquartered in Dalton, Georgia, Shaw is a wholly owned subsidiary of Berkshire Hathaway, Inc. The company employs more than 20,000 associates with offices; R&D, manufacturing, warehousing and distribution locations; product showrooms; and/or salespeople throughout the U.S., as well as Australia, Brazil, Canada, Chile, China, India, Mexico, Singapore, United Arab Emirates, and the United Kingdom. For more information, visit http://shawinc.com