Sherwin-Williams
American paint and coating company
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2024 | Projected opening of the new downtown headquarters, delayed from the original 2023 timeline due to the COVID-19 pandemic. The project involves a $600 million investment and will provide workspace for 3,500 employees. |
November 2024 | Sherwin-Williams was added to the Dow Jones Industrial Average. |
June 2022 | Agreed to acquire Gross & Perthun GmbH, a Germany-based distributor of coatings for heavy equipment and transportation industries. |
April 2022 | Completed acquisition of the European industrial coatings business of Sika AG. |
November 2020 | Sherwin-Williams fired employee Tony Piloseno, who had gained 1.4 million viewers on his TikTok paint mixing channel 'Tonesterpaints'. The firing was controversial and seen as a missed marketing opportunity, leading Piloseno to receive job offers from industry rivals and ultimately join Florida Paints. |
July 2020 | The denial of Sherwin-Williams' counter-suit in the Pennsylvania lead paint case was upheld. |
May 2020 | Sherwin-Williams agreed to pay $3.6 million to settle a lawsuit brought by California workers, who alleged underpayment of wages and failure to provide mandatory meal and rest breaks. |
March 2020 | Clarified the location of the new headquarters, committing to constructing a new building complex in Downtown Cleveland. |
February 2020 | Confirmed plans to remain in the Cleveland area and began work on a new R&D center in Brecksville, OH. |
December 2019 | Sherwin-Williams was sued by the state of New Jersey for discharging industrial waste from three sites and failing to disclose the pollution to the New Jersey Department of Environmental Protection. |
December 31 2019 | By the end of 2019, the Paint Stores Group had expanded to 4,758 stores, including over 135 floorcovering centers, marking significant growth for the company's original business segment. |
October 2019 | Sherwin-Williams' attempt to counter-sue in the Pennsylvania lead paint case was denied. |
September 2019 | The company announced plans to move its headquarters to a larger site. |
July 2019 | A $305 million settlement was reached in the lead paint liability case. |
2018 | Multiple counties in Pennsylvania sued Sherwin-Williams over lead paint matters. |
April 9 2018 | Milwaukee Mayor Tom Barrett and attorneys revealed Sherwin-Williams attempted to avoid paying settlements by shifting blame for lead poisoning that affected almost 170 children, potentially trying to escape financial responsibility for the toxic exposure. |
September 19 2017 | A home run ball landed in the billboard paint can, but only after bouncing, which led to public criticism as the donation was not made due to a technical detail. |
March 20 2016 | Acquired the Valspar Corporation for $11.3 billion, a significant strategic expansion. |
2014 | Sherwin-Williams placed a giant paint can billboard at Angel Stadium in Anaheim, California, offering $1 million to the Angels Baseball Foundation if a home run ball lands in the can on the fly. |
March 2014 | Sherwin-Williams was denied a new trial in the lead paint liability case. |
January 2014 | Santa Clara County Superior Court ruled Sherwin-Williams, NL Industries, and ConAgra jointly liable for $1.15 billion in a lead paint abatement fund, finding they manufactured and sold lead paint without disclosing health risks. |
June 4 2012 | Acquired Geocel Holdings Corp for an undisclosed amount. |
July 6 2011 | Acquired Leighs Paints, a Bolton UK-based manufacturer of intumescent and high performance industrial coatings. |
This contents of the box above is based on material from the Wikipedia article Sherwin-Williams, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.