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 Shaw Announces Growth & Sustainability Council

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April 25, 2008

Positioning for the Future:

 

Shaw Announces Growth & Sustainability Council


Dalton, Ga. - April 25, 2008 - Shaw announced today that the company has appointed The Growth & Sustainability Council. According to Rick Ramirez, Shaw's vice president of sustainability and envirionmental affairs, the Growth & Sustainability Council, comprised of 15 key company executives, will further advance sustainability as core to Shaw's long-term business-growth strategy. The development of the Council will ensure a stronger performing company amidst business and societal change. The Council will build on Shaw's long history and strength in business excellence and environmental stewardship. Ramirez will serve as the Council's chairman and Hal Long, executive vice president of operations, will serve as executive sponsor.

"The Growth & Sustainability Council is an action body. The Council will develop strategic sustainability and growth initiatives and metrics with the goal of producing achievable business results in order to enhance our leadership in the industry and continue to deliver sustainable value to our customers," said Shaw Chief Executive Officer Vance Bell. "Shaw sustainability is about driving growth, innovation and productivity throughout the value chain and, therefore, better serving our customers. The Council will identify and prioritize key strategies and initiatives for company growth while embracing Shaw's strong tradition of sustainability."

"Over time, we expect the results of this Council to be compounded, much like we experienced previously through our Enterprise and Operational Excellence initiatives," said Long. "The Shaw Growth & Sustainability Council is about a 21st century Shaw that is stronger and better and builds on our culture of delivering consistently superior results in business performance, product innovation and operational excellence to best serve our customers, employees and communities."

A professional facilitator, Dr. Bruce Piasecki, the author of World Inc. and the president of the AHC Group, is assisting in organizing and developing critical information for the Council. Along with Long and Bell, President Randy Merritt and Chief Financial Officer Ken Jackson will provide leadership and advice to the Council and will act on its recommendations.

Shaw's Growth & Sustainability Council is comprised of key company executives across all business and functional areas of the company. According to Ramirez, the broad make up of the Council is necessary to connect sustainability with Shaw's core strategies for growth and meet the current and future expectations of our empoyees, customers and other stakeholders.

The Council is chartered to drive continued business excellence based on the Shaw Green Edge™ Sustainability Business Platform. In the course of Shaw's environmental journey, the Shaw Green Edge™ was developed as an environmental communication platform in November 2006 to include many of the company's environmental and social initiatives as reflected in Shaw's products, operations and people. In addition, key metrics have been put in place to measure progress. Recently, Shaw's executive team expanded the meaning and purpose of the Shaw Green Edge as defining he company's sustainability business platform to drive business performance, innovation, growth and productivity. According to Bell, sustainability fully defines Shaw's business model as the foundation necessary to continue positioning Shaw as the industry leader today and in the future.

The Shaw Green Edge Sustainability Business Platform embraces, organizes and drives the company's business model around three pillars:

♦   Corporate Governance and Social Responsibility

♦   Operational and Environmental Excellence

♦   Designing Unique Products and Services

"Shaw is aggressively positioning the company for growth and success today and in the future," said Ramirez. "We are committed to continued leadership in corporate sustainability in the flooring industry, and we fulfil that commitment through our strong foundation of great people, enterprise capabilities and the innovatively designed products which our customers value and enjoy each and every day."

 

About Shaw

Shaw Industries Group, Inc., a subsidiary of Berkshire Hathaway, Inc., is the world's largest carpet manufacturer and a leading floor covering provider with more than $5 billion in annual sales and approximately 31,000 associates. Headquartered in Dalton, Ga., the company manufactures and distributes carpeting, rugs, hardwood, laminate and ceramic tile for residential and commercial applications worldwide. A recognized leader in environmental stewardship, Shaw has implemented hundreds of sustainability initiatives and cradle to cradle design solutions, collectively termed the Shaw Green Edge. For more information, visit shawfloors.com.

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