Shaw Industries will close its residential carpet manufacturing plant in Decatur, Tennessee, plant by the end of August, according a report by the Chattanooga Times Free Press. 

The move will affect 336 jobs as manufacturing operations are moved to Northwest Georgia facilities. People employed at Plant 10 will have a chance to apply for open positions available at Shaw's other locations in Tennessee, Georgia and throughout the U.S., company officials said. Shaw will also partner with the Tennessee Department of Labor and Workforce Development and organize career fairs in the Decatur area.

During the past five years, the Dalton, Georgia-based carpet maker, a subsidiary of Warren Buffett's Berkshire Hathaway, has invested in expansion and modernization efforts in the Southeast, company officials said in a statement. Consolidating carpet manufacturing operations will allow Shaw to more fully utilize its assets.