Sherwin-Williams Logo
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A company store in Hillsboro, Oregon
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Public | |
Traded as | |
Industry | General building materials |
Founded | Cleveland, Ohio, United States (1866 ) |
Founders | |
Headquarters | Cleveland, Ohio, U.S. |
Number of locations
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4,339 stores (2011) |
Area served
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Worldwide |
Key people
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Products | |
Brands |
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Revenue | US$ 10.185 Billion (FY 2013) |
US$1.085 billion (FY 2013) | |
US$752.561 Million (FY 2013) (FY 2013) | |
Total assets | US$6.382 billion (FY 2013) |
Total equity | US$1.774 billion (FY 2013) |
Number of employees
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37,633 (Dec 2013) |
Divisions |
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Subsidiaries |
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Website | sherwin-williams |
The 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.
Founded by Henry Sherwin and Edward Williams in Cleveland in 1866, the company operates through four segments: Paint Stores Group (known as 'Sherwin-Williams Stores'), Consumer Group, Latin America Coatings Group, and Global Finishes Group.
The Americas Group, known as Sherwin-Williams Paints, was the first section of the company to be established, in 1866. These stores market and sell 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 Diversified Brands Group develops, manufactures, and distributes various paints, coatings, and related products, under the brand names of Duron, Frazee, MAB, Minwax, Krylon, Mautz, , 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 used exclusively for Sears and Kmart stores.