Slow Demand Forcing Shaw To Cut Manufacturing

Dalton, GA, Oct. 30, 2008--Shaw Industries said it is scaling back manufacturing at several facilities in Northwest Georgia.

The cutbacks will affect roughly 3 percent of the area workforce.

The company said that continued decline in the housing and retail markets has significantly reduced the overall demand for  flooring.

Manufacturing schedules are being adjusted so that inventories remain in line with the current customer demand.

Shaw said that consumers typically buy flooring before Thanksgiving and the December holidays, with a subsequent downturn in demand into the following year.

The downturn this year came earlier and is more extreme than in years past, Shaw said.

Related Topics:Shaw Industries Group, Inc.