SHAW INDUSTRIES IS CLOSING A SPUN YARN PLANT IN RINGGOLD AND ABOUT 430 EMPLOYEES WILL BE AFFECTED.  SHAW OFFICIALS SAY THOSE EMPLOYEES WILL GET PREFERENCE FOR EXISTING AND FUTURE OPENINGS AT ITS OTHER OPERATIONS.  THE SLOW ECONOMY AND HOUSING MARKET ARE BLAMED.  THE CARPET AND FLOORING MAKER SAYS THE CLOSING DOES NOT REFLECT ON THE PLANT-DX EMPLOYEES. 

WQCH