Sherwin-Williams Company is an American
Fortune 500 company in the
general building materials industry. The company, with headquarters in
Cleveland, Ohio, primarily engages in the manufacture, distribution,
and sale of paints, coatings and related products to professional,
industrial, commercial, and retail customers primarily in North and
South America and Europe. The company is mostly known through its
Sherwin-Williams Paints line. On March 20, 2016, Sherwin-Williams
announced the acquisition of
Valspar for approximately $9 billion.
Sherwin-Williams Automotive Finishes
Sherwin-Williams Spray Source
1.5 STIR magazine
1.6 Gray Drug
4 Lead paint lawsuit
5.1 Further reading
6 External links
Henry Sherwin and Edward Williams in
Cleveland in 1866,
the company operates through four segments:
Paint Stores Group (known
Sherwin-Williams Stores'), Consumer Group, Latin America Coatings
Group, and Global Finishes Group.
Americas Group, known as
Sherwin-Williams Paints, was the first
section of the company to be established, in 1866. These stores market
Sherwin-Williams branded architectural paints and coatings,
industrial and marine products, and original equipment manufacturer
product finishes and similar items. As of January 1, 2011, the Paint
Stores Group operated 3,954 individual paint stores. By January 1,
2016, the Paints stores group had expanded to 4,080 stores.
The Consumer Brands Group develops, manufactures, and distributes
various paints, coatings, and related products, under the brand names
of Duron, Frazee, MAB, Minwax, Krylon, Mautz, Purdy, Bestt Liebco,
Thompson's WaterSeal, H&C, Pratt & Lambert, Martin-Senour and
Dutch Boy, to third party customers in addition to overseeing the
operations maintained by The Americas Group.
Sherwin-Williams also makes its own paints under the Easy Living and
Weatherbeater brand names; those paint brands are sold exclusively in
On August 28, 2007, Sherwin Williams purchased Columbia
Coatings. On July 6, 2011,
Sherwin-Williams acquired Leighs Paints,
based in Bolton UK, manufacturers of intumescent and high performance
industrial coatings. In late 2012, Sherwin Williams began the
process of purchasing the Comex Group. Comex was the 4th largest paint
manufacturer in North America. After Mexican antitrust regulators
voted against the deal twice,
Sherwin-Williams bought Comex's US and
Canadian divisions for $165 million on Sept 16, 2013. PPG, US-based
paint and coating company, acquired Comex's Mexican division for $2.3
In 2007, the company introduced its first "Idea Center" in Shaker
Heights, Ohio, in an effort to provide customers with an interior
design environment as contrasted with its conventional paint
Sherwin-Williams Automotive Finishes
Sherwin-Williams Automotive Finishes segment develops,
manufactures, and distributes various motor vehicle finish, refinish,
and touch-up products. It also licenses certain technology and trade
names worldwide, as well as distributes
automotive finish and refinish products through its network of
automotive branches. The Automotive Finishes segment opened their
200th automotive branch in Calumet Park, IL on September 21, 2007. The
International Coatings segment develops, licenses, manufactures, and
distributes various paints, coatings, and related products worldwide
through 76 company-operated specialty paint stores, as of the above
date, and by outside selling functions to other dealers and
Sherwin-Williams Spray Source
Sherwin-Williams Spray Source service centers offer new equipment,
parts and accessories, maintenance and repairs to rental programs.
There are over 100 service centers located across the U.S. and Puerto
Rico. They have factory-trained technicians that provide maintenance
and repairs on paint sprayers, pressure (cleaners) washers,
conventional spray guns, HVLP (High Volume Low Pressure) systems,
plural-component equipment from manufacturers like EXEL North America,
Kremlin Rexson, Sames, Johnstone, Graco, Titan/Speeflo,
Spraytech/Wagner, Capspray, ITW Binks, AccuSpray, Mi-T-M, Pressure
Pro, and more. They provide repairs like maintenance, emergency and
warranty, telephone troubleshooting support, on-site demonstrations,
and training. Prior to 2008, the program was called SherWorks.
Sherwin-Williams Mexico started operations. Headquarters is
in Mexico City.
Sherwin-Williams Mexico has 109 branches and 200 dealers.
STIR magazine is a tri-annual publication delivering color news and
resources to residential and commercial interior designers and
architects throughout North America. The magazine is created and
published by Hanley Wood, LLC. The first issue was published in 2004.
Between 1981 and 1987,
Sherwin-Williams owned Gray Drug.
In March 2016, it was announced that
Valspar would be acquired for
$11.3 billion U.S. dollars. The merger was finalized 1st June,
STIR magazine has won several industry awards, including a 2005 FOLIO
award for best design, new custom publication, as well as a 2007
Pearl Award from the Custom Publishing Council for the best in custom
On June 20, 2011,
Computerworld named The
Sherwin-Williams Company the
#58 Best Place to Work in IT.
Sherwin-Williams was recognized as the most used brand as
well as the winner for brand familiarity and quality rating in the
Paints category by the Builder magazine.
Sherwin-Williams' major competitors are PPG, Axalta
Ace Hardware and Lowe's), Behr (through The Home Depot),
and Benjamin Moore. There are also several smaller, regional
Sherwin-Williams has acquired a few of them (such
as MAB and Columbia
Paint & Coatings and Parker Paints) in recent
Valspar was acquired in June 2017.
Lead paint lawsuit
In January 2014, the
Santa Clara County Superior Court
Santa Clara County Superior Court ruled that
Sherwin-Williams, along with
NL Industries and ConAgra were jointly
and severally liable for $1.15 billion, to be paid into a lead paint
abatement fund to be used to remove lead paint from older
housing. The judge ruled that the paint companies
manufactured, marketed, and sold lead paint without disclosing the
health risks to the consumers in spite of "actual and constructive
knowledge that it was harmful." In March 2014 Sherwin-Williams
was denied a new trial.
As per their 2013 annual report,
Sherwin-Williams considers this case
without merit and will appeal the decision. The process may take
another two years. The disposition of The People v. ConAgra
Grocery Products Company et al. in the California 6th Appellate
District Court on November 14, 2017 is that
... the judgment is reversed, and the matter is remanded to the trial
court with directions to (1) recalculate the amount of the abatement
fund to limit it to the amount necessary to cover the cost of
remediating pre-1951 homes, and (2) hold an evidentiary hearing
regarding the appointment of a suitable receiver. The Plaintiff shall
recover its costs on appeal.
On February 14, 2018 the California Supreme Court denied the
defendants' request for review, sending the case back to the trial
court as ordered by the Appellate Court.
^ a b c d e f THE SHERWIN-WILLIAMS COMPANY Form 10-K, Securities and
Exchange Commission, February 27, 2014
Sherwin-Williams paint company to buy
Valspar for $8.9
^ "Country Boys Make Good..." Sherwin-Williams. Retrieved
^ Drukenbrod, Mark. "Columbia
Paint & Coatings Co. to merge with
Sherwin-Williams, Hercules acquires specialty surfactants business of
Dexter Chemical L.L.C., Benjamin Moore acquires Finnaren & Haley
Paint & Coatings". SpecialChem. Retrieved 15 June 2015.
^ ": PaintSquare News".
^ Cho, Janet. "1 comment
Sherwin-Williams buys Consorcio Comex's U.S.
and Canadian business, still hopeful about Mexican division".
Cleveland.com. Retrieved 15 June 2015.
^ "Consorcio Comex, the Mexican paint company
being acquired by rival PPG Industries".
^ Jamerson, Joshua (19 December 2016). "Sherwin-Williams,
Merger Is on Track to Close by End of First Quarter" – via
^ "FindArticles.com - CBSi".
^ Hanley Wood Marketing 2007 Pearl Award[permanent dead link]
^ Mitchell, Robert L. "No. 58 Best Place to Work in IT: The
^ "2015 BUILDER BRAND USE STUDY RESULTS". Builder. Retrieved 19 June
^ Rosenblatt, Joel (2013-12-17). "Sherwin, NL, ConAgra Lose $1.1
Paint Ruling". Bloomberg News. Retrieved
^ Rosenblatt, Joel (2014-01-08). "Manufacturers Must Pay $1.15 Billion
Paint Suit". Bloomberg Businessweek. Retrieved
^ Elias, Paul (2013-12-17). "Lead
Paint Lawsuit: Judge Orders 3
Companies To Pay $1.1 Billion For Removal Services". Huffington Post.
^ Kleinberg, James (7 January 2014). "Judge Kleinberg's Order, final
statement of decision, Case Number 1-00-CV-788657" (PDF). Santa Clara
County Superior Court's Electronic Filing System. Retrieved 26 August
2014. The defendants sold lead paint with actual and constructive
knowledge that it was harmful
^ VALHI INC /DE/ Form 10-K on 03/13/2015
^ "Annual Report 2013 page 32-33" (PDF). Sherwin-Williams. Retrieved
August 27, 2014.
^ Judge Nathan D. Mihara; Associate Justice Eugene M. Premo; Associate
Justice Franklin D. Elia (2017-11-14). "The People v. ConAgra Grocery
Products Company et al". California Courts - Appellate Court Case
Information. Judicial Council of California. Retrieved 2017-11-19.
...we can accept the inference that defendants’ pre-1951 promotions
increased the use of lead paint on residential interiors during the
period of those promotions...
^ "California Courts - Appellate Court Case Information".
appellatecases.courtinfo.ca.gov. Retrieved 2 April 2018.
McDermott, Kathleen; Dyer, Davis (1991). America's paint company: a
history of Sherwin-Williams. [Cleveland, Ohio]:
The Sherwin Williams Home Decorator and Color Guide (1939) Kenneth
Franzheim II Rare Books Room, William R. Jenkins Architecture and Art
Library, University of Houston Digital Library.
Sherwin-Williams YouTube channel
Business data for Sherwin-Williams: Google Finance