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Shaw Environmental Inc. history
Shaw Environmental Inc. company history timeline
When Canada was founded in 1867, Robert Shaw’s Hantsport brickyard, which would evolve into L.E. Shaw Limited and eventually The Shaw Group, was already six years old.
For almost 40 years until the turn of the 20th century, all our bricks were made by hand, but then in 1897 Windsor, Nova Scotia burned to the ground.
In another tragic episode in our country’s history, the Halifax Explosion of 1917 created a great demand for building materials to rebuild Halifax.
The 1950’s and 60’s were a time of grand advancements and change in the world: the birth of Canada as a peacekeeping nation, the creation of our Canadian flag, and the historic first walk on the moon – and the Beatles! It was also a time of new developments and advancements for our company.
Founded in 1967, Shaw Industries’ leadership has been built on a history of success.
1967: A holding company is formed to acquire Philadelphia Carpet Company.
1972: Shaw takes the first step toward vertical integration by acquiring New Found Industries to generate its own yarn supply.
In 1978 the Company’s senior managers purchased the business from the Shaw family, creating the model of a successful owner-operated and managed business that continues today.
1982: Shaw significantly expands direct sales to small, independent retailers, providing better service and removing costs from their bottom lines.
1982: Shaw creates its own trucking subsidiary, dramatically improving the quality and speed of shipments to retailers nationwide.
1983: Shaw acquires six yarn spinning mills, furthering its vertical integration and giving Shaw 100 percent of its own yarn supply.
1983: Shaw establishes regional distribution centers.
1984: Shaw launches PRIDE, its internal quality process.
James M. Bernhard, Jr., founded the Shaw Group in 1987.
1987: The Shaw Group is incorporated.
1989: Shaw Industries acquires the carpet division flagship Evans & Black brand of Armstrong World Industries, Inc., adding 30 percent to sales volume.
In the 1990’s, when the corporate name changed to The Shaw Group Limited, a series of acquisitions including Prestige Homes in Sussex and the creation of new companies like Shaw Wood, created growth in our product offerings.
1992: Shaw Industries acquires Salem Carpet Mills, Inc., adding 25 percent to sales volume with the Salem Carpets and Sutton brands.
By 1993 when the company went public, its revenue had increased to $120.7 million.
1993: As area rugs grow in both use and popularity, Shaw forms the Shaw Rugs division.
Late in 1993, the company entered into a joint venture agreement to build and operate a pipe fabrication facility in Bahrain.
1994: Shaw enters into a joint venture in Bahrain to fabricate pipe.
The company began an aggressive but focused acquisition strategy with the proceeds of its initial public offering (IPO). In 1994, Shaw adopted the goal of becoming a "total piping resource." In pursuit of this end, it began a major expansion of its technical capabilities.
1995: Shaw enters a two-year period in the retail sales arena.
Shaw continued its strategy of expanding its capabilities through focused acquisitions in 1996.
In recognition of this growth, Shaw moved from the NASDAQ to the NYSE in 1996.
In October 1997, it bought a U.K. pipe fabrication company.
The purchase in 1997 of two industrial construction and maintenance companies signaled the expansion of Shaw's business strategy to planning and constructing entire power and process plants.
In 1998, its first full year of operation, Shaw reported revenue of $29.3 million.
1998: The company purchases Cojafex, BV of Holland, a leading company of pipe fabrication technologies.
1998: Shaw merges with Queen Carpets.
In pursuit of this expanded strategy, it acquired a construction and maintenance company specializing in offshore facilities in 1998.
Such projects, some of them foreign, accounted for 64 percent of an $818.3 million backlog at the end of its 1999 fiscal year.
The company was experiencing such severe liquidity problems that it agreed in May 2000 to sell most of its assets to Jacobs Engineering Group.
2000: Shaw enters into an Entergy-Shaw joint venture.
Shaw resolved this problem in 2000 by acquiring Stone & Webster (S&W), a century-old provider of EPC services to the power plant industry.
2001: Shaw contracts with BASF to engineer and manage the construction of an ethylene plant in China; Shaw announces an agreement with PG&E's National Energy Group for the construction of four gas-fired power plants.
Work on two of them started in 2001.
In an effort to diversify Shaw's business focus beyond the power plant sector and to provide it with a diversified mix of income opportunities, the company agreed in January 2002 to bring The IT Group out of bankruptcy.
2002: Shaw purchases The IT Group, a leading environmental remediation firm.
2002: Shaw opens its new, state-of-the-art laminate manufacturing facility.
Shaw had enough backlog at the beginning of 2002 to keep it busy for about 18 months, but it faced the twin dangers that some of the projects it had on its books would be canceled and that future projects would be harder to find.
2003: Shaw completes its purchase of the north Georgia operations of the Dixie Group, acquiring such brands as Carriage Carpets, Bretlin, and Globaltex.
2006: Shaw purchases 100% ownership in Evergreen Nylon Recycling, the nylon recycling operation in Augusta, GA. The Evergreen plant uses patented technology to convert post-consumer nylon carpet into new nylon fiber.
2006: Shaw announces plans to convert a former yarn plant in South Pittsburg, TN into a manufacturing facility for engineered hardwood.
2006: Vance Bell is named Shaw's new CEO, and Randy Merritt is named President.
2009: The company opens Clear Path Recycling, the largest plastic bottle recycling facility in the United States in a joint venture with DAK Americas.
2009: Shaw acquires Sportexe Construction Services, Inc., a leading synthetic turf company dedicated to sports surfacing.
2010: Shaw builds Re2E, a facility that used post-consumer carpet to generate steam energy and electricity to run an adjacent plant, saving enough fossil fuel each year to power 7,500 homes.
2012: Shaw Contract Group opens commercial flooring showrooms in Shanghai, Mexico City, Hong Kong and Beijing.
2013: A one megawatt solar array system becomes operational at Plant 15 in Cartersville, providing renewable energy for the plant’s production of carpet tiles.
2013: Plant CN opens in Nantong, China, Shaw’s first manufacturing facility in Asia.
2016: Shaw begins carpet tile manufacturing operations at Plant T1.
2016: Shaw acquires USFloors.
2017: Shaw opens commercial Create Centre in Cartersville, Ga.
2018: Shaw establishes UK/European footprint with acquisition of Scotland-based carpet tile manufacturer, Sanquhar Tile Services (STS).
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Shaw Environmental Inc. may also be known as or be related to Shaw Constructors, Shaw Constructors Inc, Shaw Consultants International, Inc. and Shaw Environmental Inc.