Shaw Industries Announces Purchase of Controlling Interest in Watershed Geo

Shaw Industries announced it has purchased a significant controlling interest in Watershed Geosynthetics, LLC. Watershed Geo and has entered into a letter of intent to acquire controlling interest in Watershed Solar, LLC. These moves build on the existing long-standing partnership between Shaw and Watershed Geo. Watershed Geo and Watershed Solar sell innovative and patented environmental solutions for utility, waste management, erosion control, and mining industries. Both companies’ leadership teams will remain in place and continue to lead the business forward.

“We have had a business and financial relationship with Watershed Geo for 10 years,” said Vance Bell, Shaw’s executive chairman. “It is exciting to see how their business has developed and the enormous opportunity they have in the future. Driven by commitments from large utilities, government agencies and global industries, the business is ready to explode.”