With all the doom and gloom about jobs and the housing market and the future for Georgia workers, there is some good news on the horizon.  Carpet giant Shaw Industries based in Dalton announced this week that they are planning $200 million in upgrades to their facilities across the country.  Many of those facilities are located in Northwest Georgia.

The news came from Warren Buffett, CEO of Berkshire Hatheway which owns Shaw Industries.  Buffett is known world-wide for his business acumen and stated that the improvements will help Shaw keep its competitive edge in the carpet industry.  While Shaw has seen a dip in employment numbers and profits, they remain one of the world’s leading flooring manufacturers.

Buffett said, "“Throughout my lifetime, politicians and pundits have constantly moaned about terrifying problems facing America. Yet our citizens now live an astonishing six times better than when I was born. The prophets of doom have overlooked the all-important factor that is certain: Human potential is far from exhausted, and the American system for unleashing that potential — a system that has worked wonders for over two centuries despite frequent interruptions for recessions and even a Civil War — remains alive and effective.”

Compiled Sources