Sherwin-Williams Company

Sherwin-Williams Company

Sherwin-Williams Logo
A company store in Hillsboro, Oregon
Type	Public
Traded as	: SHW S&P 500 Component
Industry	General building materials
Founded	Cleveland, Ohio, United States (1866 (1866))
Founders	Henry Sherwin Edward Williams
Headquarters	Cleveland, Ohio, U.S.
Number of locations	4,339 stores (2011)
Area served	Worldwide
Key people	Christopher M. Connor (Executive Chairman) John G. Morikis (CEO and President) Allen J. Mistysyn (CFO)
Products	Paint Wallpaper
Brands	Easy Living (Sears and Kmart only) Weatherbeater (Sears and Kmart only)
Revenue	US$ 10.185 Billion (FY 2013)
Operating income	US$1.085 billion (FY 2013)
Net income	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	37,633 (Dec 2013)
Divisions	Retail Stores Diversified Brands Automotive Finishes Chemical Coatings
Subsidiaries	Dutch Boy Duron MAB Paints Minwax Krylon Purdy Bestt Liebco Thompson's H&C Pratt & Lambert Martin-Senour Columbia Paint & Coatings Frazee Paint
Website	sherwin-williams.com

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.

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.