Friday, December 1, 2023

Sherwin-Williams to move Valspar to Greater Cleveland

The name “Valspar” was removed from its headquarters and research center
near downtown Minneapolis, replaced by Sherwin-Williams’ name several
years after the Cleveland-based company bought its rival in 2017. But now,
sources say that most if not all 700 of the former Valspar employees
 will be moved to Greater Greater Cleveland (Google).

Within the next few years, Sherwin-Williams reportedly intends to relocate most, if not all of Valspar’s headquarters and research jobs, or up to 700 employees, from Minneapolis to Greater Cleveland, according to a highly placed source. Global coatings giant Sherwin-Williams acquired its former rival in 2017 for $11 billion, setting off a remarkable growth trajectory for both companies. That is resulting in the construction of a Downtown Cleveland office skyscraper, the gobbling up of more existing office space downtown, a new suburban research center and the start of planning for significant additional downtown office space.


No comments:

Post a Comment