Shaw Industries Increases Stake in WastershedGeo

Dalton, GA, September 10, 2015—Shaw Industries has significantly increased its investment in Watershed Geosynthetics LLC (WatershedGeo). 

This increased equity stake ensures Watershed Geo is well-capitalized to address the sizeable environmental and civil markets served by its current product portfolio and other innovations currently being developed. 

The additional investment will be used to build a sales and marketing team capable of driving growth, while increasing its commitment of being a leading technical industry resource and innovator of environmental and civil solutions.

In addition, Shaw brings resources to WatershedGeo through its extensive research and development experience and enhanced innovative manufacturing capabilities.

Shaw originally took an equity stake in WatershedGeo in October 2011, when WatershedGeo's stable of products included only ClosureTurf, its landfill final closure capping solution. 

Over the last four years, WatershedGeo has expanded its product line with multiple U.S. and international patents and patent-pending products for soil erosion, water conservation, earth wall stabilization, including two recent patent issuances for HydroTurf Earth Revetment Systems and Landfill Gas Collection and Relief Valves. 

 


Related Topics:Shaw Industries Group, Inc.