The Sherwin-Williams Co. is a global leader in the manufacturing, distribution and sale of coatings and related products. Founded in 1866 by Henry Sherwin and Edward Williams, the company has a long history of innovation and growth. Today, Sherwin-Williams operates in over 120 countries and has more than 60,000 employees worldwide.
Business Operations
Sherwin-Williams’ business operations are divided into three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group is responsible for the sale of architectural coatings and industrial coatings in North and South America. The Consumer Brands Group is responsible for the sale of branded products such as Valspar, Krylon and Minwax. The Performance Coatings Group is responsible for the sale of coatings and finishes for industrial, automotive and aerospace applications.
Corporate History
Sherwin-Williams has a long history of growth through acquisition. In 2017, the company acquired Valspar Corporation, a leading manufacturer of coatings and paints. This acquisition expanded Sherwin-Williams’ product offerings and customer base. In 2018, the company acquired Comex, a leading coatings manufacturer in Mexico. This acquisition further expanded Sherwin-Williams’ presence in Latin America.
- Sherwin-Williams was named one of Fortune Magazine’s “World’s Most Admired Companies” in 2020.
- The company has been recognized for its commitment to sustainability and was named to the Dow Jones Sustainability World Index in 2019.
Final Thoughts
The Sherwin-Williams Co. has a long history of innovation and growth in the coatings industry. With a global presence and a commitment to sustainability, the company is well-positioned for continued success in the future.