Sherwin Williams to Build New Global HQs, R&D Center
Preliminary plans call for Sherwin-Williams to invest a minimum of $600 million to build both facilities.
The Sherwin-Williams Company announced it is finalizing plans to build a new global headquarters in downtown Cleveland and a new R&D center in the Cleveland suburb of Brecksville.
“Our plans to continue investing in Cleveland and northeast Ohio build on our 154-year legacy as one of the region’s top employers and drivers of economic activity,” says Sherwin-Williams Chairman and Chief Executive Officer John G. Morikis. “Driven by our continued need to serve our customers at the highest level, and retain and attract top talent, we intend to create a next-generation workplace environment that ignites creativity, collaboration and industry-leading innovation. We currently operate out of a 90-year-old headquarters building that has served us well, but is no longer conducive to meeting our future needs.”
Preliminary plans call for Sherwin-Williams to invest a minimum of $600 million to build both facilities. The planned new global headquarters would be in downtown Cleveland just west of Public Square between Saint Clair Avenue and Superior Avenue, and would be approximately 1,000,000-square-feet in size.
The planned new R&D center would be in Brecksville, located off I-77 at Miller Road and Brecksville Road. The R&D center would serve as the corporate anchor for a new mixed-use development project and would be approximately 500,000 square feet in size.
Combined, the two facilities would house more than 3,500 employees with room to accommodate significant future growth. Sherwin-Williams estimates it would add a minimum of 400 jobs at these facilities over time, an increase of 11% to the company’s current local workforce. Many of these jobs will include professional staff, engineers and chemists.
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